The company can't pursue plastic-free bottles, as their customers enjoy their convenience. The Coca-Cola Company is committed to good corporate governance, which promotes the long-term interests of shareowners, strengthens Board and management accountability and helps build public trust in the Company. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. An audio replay in downloadable digital format and a transcript of the call will be available on the website within 24 hours following the call. See more Sustainability report About this report ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". 578 followers 347 connections. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. The Netherlands and Norway recently became the second and third markets in Western Europe (after Sweden) to transition to 100% rPET for their entire portfolios.. Price/mix grew 3% for the quarter, as solid growth in juice and dairy finished-goods brands was partially offset by pressure in the fountain business and away-from-home channels. Community hygiene programs have continued during the pandemic in countries such as Uganda, where Coca-Cola Beverages Africa helped distribute 5,000 hand-washing stations. The company also provided an update on its strategic transformation initiatives. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Juice, dairy and plant-based beverages declined 2% for the quarter and 9% for the year, as solid performance by Simply and fairlife in North America was more than offset by a decline in Minute Maid in the fountain business. Launching a $140+ million PET Packaging Manufacturers of Clean Environment (PACE) initiative in India to create Asias Largest Packaging Waste Management Venture with goal of preventing recyclable packaging material from reaching landfills by 2025. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Creating a $100 million fund with The Recycling Partnership, Closed Loop Partners and World Wildlife Fund in the U.S. to reclaim more plastic bottles so they can be remade into new bottles. Led byCoca-Cola, the world's most valuable brand, our Company's portfolio features 15 billion dollar brands including Diet Coke, Fanta, Sprite,Coca-ColaZero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Responsible business | Coca-Cola Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. ", TheCoca-ColaCompany reported against the GRI's key performance indicators in the areas of economic, environmental and social performance and self-declared a B grade against the new GRI G3.1 guidelines. <br> "Our beverages are offered in returnable glass bottles and are 100% recyclable. KEY HIGHLIGHTS OF THE SUSTAINABILITY UPDATE 2020 - 21 World Without Waste As part of its World Without Waste initiative, The Coca-Cola Company (TCCC) is committed to make 100 per cent of its packaging recyclable globally by 2025 and use at least 50 per cent recycled material in its packaging by 2030. The portal for Sustainability Reporting. ", Business Environment and Strategic Actions Update. The. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Brussels, Brussels Region, Belgium. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Gurugram, Haryana, India. Unit case volume declined 4% for the quarter, primarily due to coronavirus-related pressure in away-from-home channels in Europe and South Africa, partially offset by growth in Western Africa and Turkey. Note: Certain rows may not add due to rounding. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 1 For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes. Finance Manager Hungary. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. We continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Comparable currency neutral operating income (non-GAAP) declined 6%, driven by pressure in away-from-home channels in Japan and Australia, partially offset by effective cost management. Concentrate sales were 4 points ahead of unit case volume, driven by two additional days in the quarter and cycling the timing of shipments in Brazil in the prior year. Fruit Circular Economy starts with the Unnati program, which is farm-level productivity enhancement by creating a belief among farmers in using Ultra-high to high density fruit plantation coupled with modern Package of Practices (POP). Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. Home; Our Brands. This was partially offset by growth in China, Brazil and Nigeria. Coca-Cola is a globally distributed brand with products that contribute to the obesity epidemic, the plastic pollution crisis, and water scarcity in vulnerable communities, all of which harm. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. The first quarter has five additional days compared to first quarter 2020. 4853 0 obj <>stream People matter. We aim to create a more sustainable and better shared future. What a wonderful week spending time with our Public Affairs, Communications, Sustainability, The Coca-Cola Foundation and Licensing and Retail teams Liked by Bhumika Gupta Oberoi (She/Her) Another PROUD moment for the University- Ajay Banga, a 63 year old Indian-American has been nominated by the White House to head the World In addition to the data in the preceding tables, operating results included the following: The 2021 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system employees.For more information, visitwww.coca-colacompany.com, follow us on Twitter attwitter.com/CocaColaCo, or find us on LinkedIn atwww.linkedin.com/company/the-coca-cola-company., Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection, www.linkedin.com/company/the-coca-cola-company. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. While volume trends have broadly remained resilient amidst the continuing uncertainty surrounding the coronavirus pandemic, the company experienced incremental pressure in December and into the early part of this year due to a resurgence of the coronavirus in many parts of the world. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. 1 For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume after considering the impact of structural changes. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. Through early February 2021, the company has experienced a volume decline of mid single digits globally, with continued elevated levels of sales in at-home channels being more than offset by pressure in away-from-home channels. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. All rights reserved. All rights reserved. Operating Review Three Months Ended December 31, 2020. 2016 Annual Review. Explore our Purpose & Vision, History and more. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Comparable EPS (non-GAAP) is expected to include an approximate 2% currency headwind based on the current rates and including the impact of hedged positions. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Unit case volume declined 4% for the quarter, primarily due to adverse weather in Southeast Asia along with coronavirus-related pressure in away-from-home channels in most markets in the region. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. ET. Our planet matters. To make a difference in people's lives, communities and our planet by doing business the right . <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. At The Coca-Cola Company, we strive to use our leadership to be part of the solution to achieve positive change in the world and to build a more sustainable future for our planet. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. 1 Coca-Cola's work toward its "drink in your hand" goal reduced its relative carbon emissions by 25% by 2020, against a 2010 baseline. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. About . Sustainable Agriculture Experienced FMCG Supply Chain professional. Financing Agreements; In August, Coca-Cola Beverages Philippines announced an investment of US$22 million in its operations to support its expansion projects and maintain its labor forces. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. Explore our Purpose & Vision, History and more. - The health and safety of our associates have always been our priority. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. Our purpose is to refresh the world and make a difference. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. endstream endobj startxref Earnings Release The news was disclosed in S&P Global's Annual Yearbook, which confirms the 2021 Dow Jones Sustainability Index (DJSI), one of the world's leading . Our purpose is to refresh the world and make a difference. Experienced Policy, Regulatory and Public Affairs practitioner with varied Industry and Association leadership roles, effective communicator, project catalyst and manager and a strong team leader and player proven in mobilising a wide range of stakeholders. Skilled in Corporate Social Responsibility, Public Policy . Report this profile Report Report. We exceeded our goal to give back at least 1 percent of our operating income to communities worldwide through TheCoca-ColaCompany and TheCoca-ColaFoundation in 2010 by giving $102 million. Atlanta, Georgia, United States. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. Back Submit. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Writing a Marketing Plan . Concentrate sales were 1 point ahead of unit case volume, driven by two additional days in the quarter partially offset by the timing of shipments. Feb 2021 - Present2 years 2 months. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection. Sustainability Report 2021 demonstrates the company's progress and . She has exemplary communication, leadership, innovative and collaborative skills . Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. The organization is on a path to emerge stronger and is positioned for long-term success. Report. Mar 2021 - Present2 years 1 month. The companys sustainability goals are interlinked.. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. Company Provides 2022 Financial Outlook. To make a difference in people's lives, communities and our planet by doing business the right way. 2020 BUSINESS & ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT This report is a reflection of how, together with our bottling partners, we navigated the COVID-19 crisis as a global business while advancing our environmental, social and governance (ESG) priorities. While near-term uncertainty remains, we are well-positioned to emerge stronger from the crisis, driven by our purpose and our beverages for life ambition. | Learn more about Oluwatobiloba Kajero's work experience, education . US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. The unavailable information could have a significant impact on our full year 2021 reported financial results. 11K followers 500+ connections. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. Leading product development projects for WEBU and DDFI&NE with a cross-functional team that includes Marketing, Finance, Bottler, Technical and R&D. Relevant learnings within this experience: o Lead . We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. At the end of 2020 we announced our ambition to reach net zero greenhouse gas emissions across our entire value chain in Europe by 2040. ",Ae)` Rv=D3012=J@g,@ GI 2022 The CocaCola Company. Our purpose is to refresh the world and make a difference. The company invites participants to listen to a live webcast of the conference call on the companys website, http://www.coca-colacompany.com, in the "Investors" section. Our PlantBottle technology, which allows us to replace 100 percent petroleum-based PET plastic with PET plastic that contains up to 30 percent material derived from plants, is becoming more widely used around the world. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. 0 And we will do all of this while maintaining a 100% or more global water replenishment rate.. The company is confident in its ability to gain share and consumers, maintain strong system economics, strengthen its reputation with key stakeholders and position the organization to win. Sustainable Development Reports | Swire Coca-Cola Sustainability Overview Planet Product People SD Reports Sustainable Development Reports Further details of our environmental and social performance are outlined in our Sustainability Report. Additionally, the company is constantly reducing the use of . To make a difference in people's lives, communities and our planet by doing business the right way. We act in ways to create a more sustainable and better shared future. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Annual Report. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. 2020 Integrated Report ; Integrated Annual Report Ambitious goals for sustainable business operations have not been forgotten. Therefore, the percent change is not meaningful. The revenue declines were primarily driven by coronavirus-related pressure on Costa retail stores, partially offset by strong performance in Costa Express machines in the United Kingdom. The Coca-Cola Company in Boydton, VA Expand search. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. "Our beverages are offered in returnable glass bottles and are 100% recyclable. 102-54 Claims of reporting in accordance with the GRI . For the fiscal year ending on Decembr 31 each year, presented to the Mexican Stock Exchange Download report Check report history GREEN BOND REPORT 2021 Our green bond reports on the green bond issued September 2020. For 14+ years, I have worked at the intersection of Public Policy, ESG and Communications for: The United Nations, The Coca-Cola Company, Unilever and Diageo. This multi-year effort includes addressing internal policies; supporting inclusive legislation (such as the hate-crime bill in Georgia, which was signed into law); committing to spending at least $500 million with Black-owned businesses in the U.S. over the next five years; and awarded $1 million to The Equal Justice Initiative to support communities marginalized by poverty and discouraged by unequal treatment. Water replenishment ratio of 159.9%. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Responsible to work with FBO, CBO and contract manufacturer/co-packer Operational Heads & QFS managers to implement QFS strategies and policies to protect and enhance The Coca-Cola Company resources, assets, trademarks and corporate . Unit case volume grew 2% for the quarter, led by solid performance in sparkling soft drinks in Brazil, partially offset by a decline in away-from-home channels in Mexico. For the Bottling Investments operating segment for the fourth quarter, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes. Zug, Switzerland - 1 February 2022 - Coca-Cola HBC has again been rated Europe's most sustainable beverage company, and for the 11 th consecutive year has been ranked among the top three beverage industry performers globally.. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. Investors and Analysts: Tim Leveridge, [email protected], https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. All volume percentage changes are computed based on average daily sales for the fourth quarter, unless otherwise noted, and are computed on a reported basis for the full year. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Our sustainability strategy guides how we support and engage the remarkable people behind our brands, from farmers and employees to the communities we call home, and delivers on our commitments to safeguard the health of the environment. Unit case volume declined 3% for the quarter and 6% for the year, as continued strength in at-home channels was more than offset by coronavirus-related pressure in away-from-home channels. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. Since 2000, our average calories per serving decreased by 9 percent globally. 2015 Annual Review. "Unit case" means a unit of measurement equal to 192 U.S. fluid ounces of finished beverage (24 eight-ounce servings), with the exception of unit case equivalents for Costa non-ready-to-drink beverage products which are primarily measured in number of transactions. 4761 0 obj <> endobj See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 2013 Annual Review . This efficient use of input materials help in more than doubling the fruit produce. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . Our purpose is to refresh the world and make a difference. Coca-Cola's brand value from 2006 to 2022 (in billion U.S. dollars) Most sustainable consumer goods companies in the United States in 2020 Most sustainable consumer goods companies in the. Unit case volume declined 7% for the quarter, as strong growth in sparkling soft drinks in at-home channels along with growth in AHA, fairlife and Powerade Zero was more than offset by a decline in the fountain business. Livingstone University. The Coca-Cola Company is committed to good corporate governance, which promotes the long-term interests of shareowners, strengthens Board and management accountability and helps build public trust in the Company. In 2010, we improved our water use efficiency for the eighth consecutive year, reducing the average amount of water required to produce each beverage serving. Boosting PET recycling rates in Kenya from 5% in 2018 to 35% in 2019 via industry efforts to support the PETCO recycling model developed in South Africa. To make a difference in people's lives, communities and our planet by doing business the right way. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. Filings & Reports . See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Short-Term Experience as Commercialization Manager. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. "In 2020, employees from across The Coca-Cola Company and its bottling system worked tirelessly to learn and adapt amidst a global crisis," said James Quincey, chairman and CEO of The Coca-Cola Company. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. The Coca-Cola Company. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. In the Company's effort to increase transparency across its broad sustainability platform, this year's Report was created using stakeholder feedback and, for the first time, follows the disclosure and reporting requirements of the Global Reporting Initiative (GRI) to achieve a self-declared grade level "B+." Explore our Purpose & Vision, History and more. To make a difference in people's lives, communities and our planet by doing business the right way. For comparable net revenues (non-GAAP), the company expects a 2% to 3% currency tailwind based on the current rates and including the impact of hedged positions. We act in ways to create a more sustainable and better shared future. Sustainability Senior Manager - Africa. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Extending a global pay equity analysis to ensure employees in equal or similar jobs are paid fairly, without regard to gender (globally) or race/ethnicity (in the U.S.). Comparable currency neutral operating income (non-GAAP) grew 14% for the quarter and was even for the year, driven by effective cost management across operating groups offset by top-line pressure due to the coronavirus pandemic. %PDF-1.6 % The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Explore our Purpose & Vision, History and more. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full-year 2021 results, including another quarter of sequential improvement in volume trends compared to 2019. Coca-Cola HBC AG . In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. Sep 2020 - Apr 20218 months. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 2019 Annual Review. We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. Tea and coffee declined 15% for the quarter and 17% for the year, primarily driven by coronavirus-related pressure on Costa retail stores, along with pressure on the doadan tea business in Turkey. Developing supply chain management principles to support suppliers through COVID-19 disruptions and uphold food quality, social and environmental standards., Advancing Black representation in leadership roles by boosting investment in leader training and internal pipeline development., Updating recruiting and hiring strategies to deploy tools that assess job postings for bias language, and refreshing interview guides with more inclusive messaging and ensuring all interview panels and slates are diverse..
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