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.. 2013 Annual Review . Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. Coca-Cola cleans up record on water usage | Reuters Events 102-54 Claims of reporting in accordance with the GRI . July 2020 Sustainable Development Reports | Swire Coca-Cola Apr 2021 - Dec 20221 year 9 months. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. Budapest, Hungary. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Sustainability | Coca-Cola Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. 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. A new science-based target aims to reduce the companys absolute carbon emissions by 25% by 2030, against a 2015 baseline, in line with the Paris Agreement Goals. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. 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. <br> Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. 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. Coca-Cola Company - statistics & facts | Statista 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. 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. 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. 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. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn To make a difference in people's lives, communities and our planet by doing business the right way. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. ", Business Environment and Strategic Actions Update. Courtesy of Coca-Cola The impact speaks for itself: A 2020 report from Break Free From Plastic collected 13,834 pieces of Coca-Cola-branded waste across 51 countriesmore than the. Financial Results :: The Coca-Cola Company (KO) Michael Goltzman - Vice President, Global Policy - LinkedIn Lusaka, Zambia 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. The company also provided an update on its strategic transformation initiatives. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. 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. Jun 2021 - Present1 year 10 months. Explore our Purpose & Vision, History and more. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. 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.. Coca-Cola's Business & ESG Report 2020 CSR Europe See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Coca-Cola Shares Sustainability Progress - News & Articles This year's report also received verification by a third party agency, indicating the agency's approval of tracking systems, resulting in an overall B+ grade. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. Globally, we are the No. Water replenishment ratio of 159.9%. Finance Manager Hungary - The Coca-Cola Company - LinkedIn Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola 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. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. For Costa non-ready-to-drink beverage products, "concentrate sales" represents the amount of coffee beans and finished beverages (in all instances expressed in equivalent unit cases) sold by the company to customers or consumers. 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 three months ended December 31, 2020 was $9 million. Supply Chain Manager - The Coca-Cola Company - LinkedIn Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Sajeesh Manthattil - TI&Sc Manager QSE By Design - The Coca-Cola However, for readers to have more up-to-date information, we have also included highlights of COVID-19 related humanitarian relief measures that were implemented in 2021. Back. Challenging . 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. The global initiative launched in 2018 focuses on designing, collecting and partnering. Similar programs launched in Ethiopia and Tanzania. Also in 2010, our system increased production volume while reducing global carbon emissions by 2 percent, putting us a step closer to our goal of growing our business but not our carbon footprint. Only through a comprehensive approach can we make transformational and enduring change. eaha@LlQx6. PDF Coca-Cola HBC Publishes 2020 Integrated Annual Report Earnings Release 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. 2020 World Without Waste | Company Reports - The Coca-Cola Company Our planet matters. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Lagos, Nigeria. 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. Fiscal Year Ended Dec 31, 2020. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 0 The unavailable information could have a significant impact on our full year 2021 reported financial results. Download report Check report history 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). By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. Concentrate sales were 3 points ahead of unit case volume, primarily due to two additional days in the quarter (a 2-point benefit) and cycling the Brexit-related inventory reduction in the prior year. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Coke and Pepsi eye new sustainability goals after years of - Fortune 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. 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. 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. 2014 Annual Review. View Governance. The Coca-Cola Company. 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. Sustainability Report for 2020 - cch Hungary For the year, the company gained value share in total NARTD beverages in addition to all category clusters. The Coca Cola Impact Report | Pages | WWF - World Wildlife Fund The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. . See more Sustainability report About this report 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. 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 Company in Boydton, VA Expand search. 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.. <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 . Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. 2021 Integrated Report; Integrated Annual Report 2020. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Our purpose is to refresh the world and make a difference. 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. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Explore our Purpose & Vision, History and more. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The Coca-Cola Company Releases First-Ever GRI Report | Press Release . We act in ways to create a more sustainable and better shared future. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 This efficient use of input materials help in more than doubling the fruit produce. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 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. 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. . 2020 Business, Environmental, Social & Governance - The Coca-Cola Company For the year, the company lost value share in total NARTD beverages due to coronavirus-related restrictions in away-from-home channels, where the company has a strong share position. The organization is on a path to emerge stronger and is positioned for long-term success. Annual Reviews :: The Coca-Cola Company (KO) 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 . 2018 Annual Review. 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. Introduction to Sustainability Coursera Issued Nov 2020. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. Feb 2021 - Present2 years 2 months. 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. 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 . Water replenishment ratio of 159.9%. 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. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions 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. %%EOF We aim to create a more sustainable and better shared future. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Coca-Cola HBC ranked Europe's most sustainable Beverage Company 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 Company, 2020 World Without Waste Report (June 2021), p. 5. Note: Certain rows may not add due to rounding. Back Submit. ", 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. 2019 Annual Review. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 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. Coca-Cola, PepsiCo, Mars Slammed Over Recycling Targets - Business Insider 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.. 2022 The CocaCola Company. Since 2000, our average calories per serving decreased by 9 percent globally. Arijit Mitra - Business Development Director at the Africa Operating 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. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. Our purpose is to refresh the world and make a difference. Brussels, Brussels Region, Belgium. 2016 Annual Review. Livingstone University. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at Menu. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. The report highlights progress made on all aspects of business, governance and sustainability during 2020. 4761 0 obj <> endobj Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. With new digital tools available to more people, the report was also created in a unique format offering easier access from smart phones, tablets and other popular mobile devices. Christine Yeager - Director, PMO Sustainability - The Coca-Cola Company 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. 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. 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. 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. 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. 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. 578 followers 347 connections. 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. Further, the "Investors" section of the website includes certain supplemental information and a reconciliation of non-GAAP financial measures to the companys results as reported under GAAP, which may be used during the call when discussing financial results. 4800 0 obj <>/Filter/FlateDecode/ID[<0BAA659A84D44741B6685DA836576184><052C9A4B0CCFD44A8B1721E43F16254A>]/Index[4761 93]/Info 4760 0 R/Length 163/Prev 876078/Root 4762 0 R/Size 4854/Type/XRef/W[1 3 1]>>stream Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability Sustainability Report 2021 demonstrates the company's progress and . 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. 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. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. We act in ways to create a more sustainable and better shared future. 1K followers . In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. 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. We are striving to make packaging part of the circular economy, Perez said. Coca-Cola Amatil Ltd - ResponsibilityReports.com 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. 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. Plastics We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. The company also provided an update on its strategic transformation initiatives. Organic revenues (non-GAAP) declined 17%. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. 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. 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. 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. I actively engage with stakeholders to strengthen The Coca-Cola Company's impact and deliver value to the business across Texas and other centrally located states in the U.S. 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+."

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