About . Home; Our Brands. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Lagos, Nigeria. 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. pic.twitter.com/cHqrWnxgXh, Billingsley shared several steps the company is taking to promote diversity, equity and inclusion and mirror the diversity of the communities where we operate.. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . The company is not able to reconcile full year 2021 projected organic revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected comparable net revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected underlying effective tax rate (non-GAAP) to full year 2021 projected reported effective tax rate or full year 2021 projected comparable EPS (non-GAAP) to full year 2021 projected reported EPS without unreasonable efforts because it is not possible to predict with a reasonable degree of certainty the actual impact of changes in foreign currency exchange rates; the exact timing and amount of acquisitions, divestitures and/or structural changes; and the exact timing and amount of comparability items throughout 2021. Increasing total sales globally in 2018 and 2019, while reducing added sugar. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Email Alerts. We invest to improve peoples lives, from our employees to all those who touch our business system, to our investors, to the broad communities we call home. In 2010, we distributed 2.5 billion PlantBottle packages in 10 major markets, saving more than 60,000 barrels of oil and sequestering the equivalent of nearly 30,000 metric tons of carbon dioxide from our PET plastic bottles. Coca-Cola Amatil Limited, together with its subsidiaries, manufactures, distributes, and markets non-alcoholic ready-to-drink beverages primarily in Australia, New Zealand, Indonesia, Papua New Guinea, and Fiji. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. Livingstone University. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Coca-Cola HBC ranked Europe's most sustainable Beverage Company 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. Coca-Cola is committing to sharing diversity, equity and inclusion metrics with senior leaders each quarter, and disclosing results to investors and stakeholders on a regular basis. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. ",Ae)` Rv=D3012=J@g,@ GI 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). Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. Explore our Purpose & Vision, History and more. Coca-Cola in Sri Lanka releases maiden Sustainability Report Sustainability | Coca-Cola Europacific Partners This report is the company's maiden sustainability performance disclosure, highlighting the impact the company has created in the community along with the key sustainability initiatives across the value chain, according to a press release. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. The organization is on a path to emerge stronger and is positioned for long-term success. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions The Coca-Cola System in India releases Sustainability Update 2020-21 The Coca-Cola Company in Boydton, VA Expand search. Our planet matters. 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. Our purpose is to refresh the world and make a difference. To make a difference in people's lives, communities and our planet by doing business the right way. For the year, the company lost value share in total NARTD beverages, primarily due to share losses across most category clusters, partially offset by a share gain in sparkling soft drinks. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. Coca-Cola Reports Fourth Quarter and Full Year 2020 Results Since 2000, our average calories per serving decreased by 9 percent globally. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of 1.7 billion servings a day. 2019 Annual Review. Lusaka, Zambia To make a difference in people's lives, communities and our planet by doing business the right way. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. Apr 2021 - Dec 20221 year 9 months. Experienced FMCG Supply Chain professional. Sustainability :: The Coca-Cola Company (KO) Since 2012, this work has added up to more than 1.5 trillion liters of freshwater returned to the environment and communities., Delivering an 18% improvement in water use efficiency in operations since 2010.. . 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. Annual Report. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. 4853 0 obj <>stream Osita Abana, MPA - Global Sustainability, Public Policy All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Menu. 2020 World Without Waste | Company Reports - The Coca-Cola Company Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. 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. %PDF-1.6 % 2020 Integrated Report ; Integrated Annual Report "Price/mix" represents the change in net operating revenues caused by factors such as price changes, the mix of products and packages sold, and the mix of channels and geographic territories where the sales occurred. Join to follow The Coca-Cola Company . Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. Coca-Cola Statistics, Facts, - Market.us We use cookies to provide you with a great experience and to help our website run effectively. Sep 2020 - Apr 20218 months. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. In addition to increasing transparency within the content, we have taken a digital approach to make the report more user-friendly and accessible on a variety of mobile devices. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. While there are still uncertainties related to the pandemic, the company has greater visibility into its future recovery and is confident that its actions will continue to mitigate the effects of the crisis. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. All rights reserved. ", 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. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom We act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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 company's new sustainability campaign "Deliver for Today, Inspire for Tomorrow" focuses on corporate and environmental sustainability with the goal of leading the industry in two major areas: energy and climate change and sustainable packing and recycling. 102-51 Date of most recent report April 2020 102-52 Reporting cycle The Coca-Cola Company reports annually on its sustainability progress and performance. As of December 31, 2021, Coca-Cola FEMSA had allocated US$350.12 million of green bond net proceeds to projects supporting climate action, water stewardship, and a circular economy. We act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. 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. We aim to create a more sustainable and better shared future. Our purpose is to refresh the world and make a difference. Our goal is to create closed loop systems, extracting the maximum value from materials and products while in use, and then recovering and recycling them.. This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . Sustainability Report 2021 demonstrates the company's progress and . World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. We act in ways to create a more sustainable and better shared future. Concentrate sales were 3 points ahead of unit case volume, largely due to two additional days in the quarter and cycling the Brexit-related inventory reduction in the prior year. 2013 Annual Review . To make a difference in people's lives, communities and our planet by doing business the right . Annual Reviews :: The Coca-Cola Company (KO) Operating Review Year Ended December 31, 2020. <br><br>After finishing . Only through a comprehensive approach can we make transformational and enduring change. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Coca-Cola Amatil Ltd - ResponsibilityReports.com 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. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. 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 Company has advanced its core sustainability priorities from water replenishment to sugar reduction to diversity and inclusion in 2020 despite unprecedented challenges presented by a global pandemic, natural disasters, social unrest and more, senior leaders told investors on Nov. 13.. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. 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. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Human Rights | Coca-Cola European Partners Investors Contact Our human rights journey November 2020 Listed on the Dow Jones Sustainability Index for a fifth year (one of just four beverage companies to be listed on the DJSI World Index and one of three to be listed on the DJSI Europe Index). Ioanna Plakogianni - Brand Manager Nutrition - The Coca-Cola Company The structure of the Sustainability Report 2020 corresponds to the main pillars of Coca-Cola HBC's corporate social responsibility and sustainability, such as reducing emissions and caring for the climate, looking after water and water resources, striving for a world without waste, and an inclusive approach to corporate development. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Back. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. This was partially offset by growth in China, Brazil and Nigeria. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. The program impacted more than 1.3 million women in 2019 alone. Our CEO James Quincey has made it very clear what our commitment is this commitment and alignment from the very top drives the top-down effect of ensuring the senior leaders of the company are invested in building accountability and leading by example., Coca-Colas Chief Diversity and Inclusion Officer discusses the importance of taking action to create a diverse, safe and equal work environment. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . 578 followers 347 connections. %%EOF Fiscal Year Ended Dec 31, 2020. Earnings Release Lottie S. - Digital Workplace Communications Lead - The Coca-Cola 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. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. Reports and Results - KOF May 2020 - Jun 2022 2 years 2 months. In the reconciliation of reported net revenues, "concentrate sales" represents the percent change in net revenues attributable to the increase (decrease) in concentrate sales volume for the geographic operating segments and the Global Ventures operating segment after considering the impact of structural changes. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # 3 Due to the combination of multiple business models in the Global Ventures segment, the composition of concentrate sales and price/mix may fluctuate materially on a periodic basis. 2021 Business, Environmental, Social & Governance | Company Reports Arijit Mitra - Business Development Director at the Africa Operating Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. 102-54 Claims of reporting in accordance with the GRI . 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. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. Coca-Cola Bangladesh releases maiden Sustainability Highlights report Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. 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. For the year, the company's value share in total NARTD beverages was even as a share gain in the tea and coffee category cluster was offset by share losses in the other category clusters. 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. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Finance Manager Hungary - The Coca-Cola Company - LinkedIn We act in ways to create a more sustainable and better shared future. Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn 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. Annual Reviews. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Finance Manager Hungary. 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. The portal for Sustainability Reporting. 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. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. "Our beverages are offered in returnable glass bottles and are 100% recyclable. According to a recent audit, the industry surpassed this target ahead of schedule (14.6% reduction between 2015 and 2019)., Growing Coca-Cola Zero Sugar volume double digits in North America for the third consecutive year in 2019, while continuing to post double-digit growth of mini can sales., Rolling out 100% recycled PET (rPET) plastic packaging in 18 markets and counting. The company expects to deliver free cash flow (non-GAAP) of at least $8.5 billion through cash flow from operations of at least $10.0 billion and capital expenditures of approximately $1.5 billion. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at 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. Coca-Cola Europacific Partners - Sustainability-Reports.com 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. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. The Coca-Cola Company has advanced its core sustainability priorities - from water replenishment to sugar reduction to diversity and inclusion - in 2020 despite unprecedented challenges presented by a global pandemic, natural disasters, social unrest and more, senior leaders told investors on Nov. 13 . 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, Achieving the companys water replenishment goal to return 100% of water used annually by 2020 in 2015, five years ahead of schedule., Returning the equivalent of 160% of water used in finished beverages back to communities and nature as of 2019. Michael Goltzman - Vice President, Global Policy - LinkedIn Responsible business | Coca-Cola Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Ceres, the sustainability leadership advocacy group, in a recent report ranked Coca-Colasecond highest scorer among food companies on water management, behind Unilever.Over the last 13 years, Coca-Cola has poured roughly $2bn into its water stewardship goals. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Globally, we are the No. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Report this profile Report Report. 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.
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