coca cola company sustainability report 2020 coca cola company sustainability report 2020

600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. Feb 2021 - Present2 years 2 months. endstream endobj startxref 1K followers . Coca-Cola Nigeria. - Foundation, Anandana, has set up 300+ water replenishment structures with a potential of replenishing 14 billion liters of water which has further benefitted more than 1 Million community members. 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. Our Sustainability Stakeholder Report contains a full year of data from 1 January, 2021 to 31 December, 2021 and covers our global business operations in Europe and API. The report highlights progress made on all aspects of business, governance and sustainability during 2020. 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 | Learn more about Oluwatobiloba Kajero's work experience, education . Sustainability Report 2021 demonstrates the company's progress and . ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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. 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 unavailable information could have a significant impact on our full year 2021 reported financial results. Sep 2020 - Apr 20218 months. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. ", Business Environment and Strategic Actions Update. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. The program impacted more than 1.3 million women in 2019 alone. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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 also exceeded our goal of installing 150,000 hydrofluorocarbon (HFC)-free coolers in 2010, for a cumulative total of 277,000 such units by the end of that year.Additionally, we increased that total to 500,000 by the end of 2011. Ambitious goals for sustainable business operations have not been forgotten. We committed to include calorie information on the front of nearly all our packages by the end of 2011 and have a physical activity program in 100 countries toward our goal to have one in every country in which we operate by 2015. Given the above considerations, the company expects to deliver comparable EPS (non-GAAP) percentage growth of high single digits to low double digits versus $1.95 in 2020. The Coca-Cola Company 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. TI&Sc Quality and Food Safety Manager. 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 aim to create a more sustainable and better shared future. Filings & Reports . 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 . People matter. May 2020 - Jun 2022 2 years 2 months. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Writing a Marketing Plan . 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. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. Our purpose is to refresh the world and make a difference. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. 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. We act in ways to create a more sustainable and better shared future. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. 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 . Global Unit Case Volume Declined 3% for the Quarter and 6% for the Full Year, Net Revenues Declined 5% for the Quarter and 11% for the Full Year; Organic Revenues (Non-GAAP) Declined 3% for the Quarter and 9% for the Full Year, Operating Income Grew 8% for the Quarter and Declined 11% for the Full Year; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% for the Quarter and Was Even for the Full Year, Fourth Quarter EPS Declined 29% to $0.34, and Comparable EPS (Non-GAAP) Grew 6% to $0.47; Full Year EPS Declined 13% to $1.79, and Comparable EPS (Non-GAAP) Declined 8% to $1.95, Cash from Operations Was $9.8 Billion for the Full Year, Down 6%; Full Year Free Cash Flow (Non-GAAP) Was $8.7 Billion, Up 3%. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Volume performance included solid growth in sparkling soft drinks in China and India. ET. "The progress we made in 2020, including the actions taken to accelerate the transformation of our company, gives us confidence in returning to growth in the year ahead. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. For the Bottling Investments operating segment for the full year, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume after considering the impact of structural changes. <br> Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 2019 Annual Review. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 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. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. 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. 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. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. 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.. Company Provides 2022 Financial Outlook. Operating Review Year Ended December 31, 2020. Increasing total sales globally in 2018 and 2019, while reducing added sugar. Concentrate sales were 3 points behind unit case volume due to cycling the timing of shipments in China in the prior year, partially offset by two additional days in the quarter. 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.. 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. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. We act in ways to create a more sustainable and better shared future. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. Finance Manager Hungary. 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. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn Challenging . Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Water replenishment ratio of 159.9%. Therefore, the percent change is not meaningful. 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. 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. %%EOF 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. Email Alerts. To make a difference in people's lives, communities and our planet by doing business the right way. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. 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. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Explore our Purpose & Vision, History and more. Through our strategy of Reduce, Recycle and Replenish, we exceeded our 2020 replenish goal - our water usage ratio was 1.73 liters of water per litre of beverage produced a reduction of 32.4% since 2010. Bea Perez, SVP and Chief Communications, Sustainability & Strategic Partnerships Officer, and Lori Billingsley, Chief Diversity & Inclusion Officer, shared a detailed progress report on the companys key sustainability goals and initiatives, which are anchored by its refreshed purpose and closely aligned with its business strategy. hb```6B Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. We act in ways to create a more sustainable and better shared future. 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. Fiscal Year Ended Dec 31, 2020. 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. Careers; . 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 . Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. ",Ae)` Rv=D3012=J@g,@ GI 11K followers 500+ connections. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. The company continues to strengthen risk assessments and streamline supplier engagement processes. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". The company also provided an update on its strategic transformation initiatives. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. See more Sustainability report About this report Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. "Our beverages are offered in returnable glass bottles and are 100% recyclable. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Our purpose is to refresh the world and make a difference. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. July 2020 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. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . 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. Additionally, the company is constantly reducing the use of . Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. <br><br>While serving in these organizations, I have led high-performing teams and provided strategic leadership in: strategic communications, leadership and internal communications, stakeholder and community management, corporate . TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Our planet matters. Jun 2021 - Present1 year 10 months. 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. For both the quarter and the full year, the decline was primarily due to pressure in the fountain business in North America and away-from-home channels in Western Europe due to the coronavirus pandemic. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. The organization is on a path to emerge stronger and is positioned for long-term success. Similar programs launched in Ethiopia and Tanzania. 102-53 Contact point for questions regarding the report Please visit our Contact Us webpage, email us or call 1-800-GET-COKE (U.S. only). Our Principles for Sustainable Agriculture advance sustainable sourcing of our agricultural ingredients at the farm level, taking a longer-term perspective to reflect our expanding portfolio, increasingly diverse supply chains and the most recent science to support farmer livelihoods and ensure continuity of supply. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. First quarter 2020 financial results were impacted by one less day as compared to the same period in 2019, and fourth quarter 2020 financial results were impacted by two additional days as compared to the same period in 2019. 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. ", 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. 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. 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. 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. Reformulating nearly 1,000 beverages from 2017 to 2019. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. In 2020, built on this by joining the U.S. Plastics Pact to galvanize action beyond the beverage industry to ensure that all plastic packaging gets collected.. Short-Term Experience as Commercialization Manager. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Note: Certain rows may not add due to rounding. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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.