Download report Check report history To make a difference in people's lives, communities and our planet by doing business the right way. Therefore, the percent change is not meaningful. 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. Developing a touch-less option for Coca-Cola Freestyle machines in the U.S., allowing consumers to select and pour drinks them via smartphone all without touching the machines screen. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company <br> 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. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. Company Provides 2022 Financial Outlook. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. She has exemplary communication, leadership, innovative and collaborative skills . COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom Annual Report. Sustainability Report for 2020 - cch Hungary Gurugram, Haryana, India. Annual Reviews. 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. Given the scale of unemployment and the challenges to our key customers in away-from-home channels, we see an opportunity to expand our economic empowerment strategy in the post-2020 period, engaging in broader industry platforms that collaboratively transform the livelihoods of women, youth and additional vulnerable populations by promoting retraining, upskilling and entrepreneurship, Perez said. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. 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. 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. Our purpose is to refresh the world and make a difference. 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. And, for the first time ever, its entire content is available exclusively online. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. 2015 Annual Review. Jun 2021 - Present1 year 10 months. The first quarter has five additional days compared to first quarter 2020. ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners Learn all about our sustainability initiatives. <br><br>After finishing . 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. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Back. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. The. . Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. Enquiries . 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. Short-Term Experience as Commercialization Manager. Writing a Marketing Plan . 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. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 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. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. KOF - Integrated Report 2021 - Coca-Cola FEMSA For the year, the company gained value share in total NARTD beverages in addition to all category clusters. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. 2016 Annual Review. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn 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 program impacted more than 1.3 million women in 2019 alone. Operating Review Three Months Ended December 31, 2020. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. 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. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. 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. 0 Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. The company is hosting a conference call with investors and analysts to discuss fourth quarter and full year 2020 operating results today, Feb. 10, 2021, at 8:30 a.m. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. 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. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. We act in ways to create a more sustainable and better shared future. 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. 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.. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. To make a difference in people's lives, communities and our planet by doing business the right way. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. We act in ways to create a more sustainable and better shared future. 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. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. Sustainability Report 2021 demonstrates the company's progress and . 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. 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. Sustainable Agriculture The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. 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 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. Our planet matters. The Coca-Cola Company Releases First-Ever GRI Report | Press Release Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. 2018 Annual Review. 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.. | Learn more about Oluwatobiloba Kajero's work experience, education . Therefore, the percent change is not meaningful. Coca-Cola Company - statistics & facts | Statista More than 20% of the companys global portfolio is in refillable or fountain packaging. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. Water replenishment ratio of 159.9%. Coca-Cola cleans up record on water usage | Reuters Events Michael Goltzman - Vice President, Global Policy - LinkedIn 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.). Coca-Cola's Business & ESG Report 2020 CSR Europe Explore our Purpose & Vision, History and more. Human Rights | Coca-Cola European Partners - Coca-Cola Europacific Partners Comparable net revenues (non-GAAP) are expected to include a minimal currency impact based on the current rates and including the impact of hedged positions. As a result, the company has reinstated guidance and is providing its 2021 outlook. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. 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. 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). Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 When expanded it provides a list of search options that will switch the search inputs . PDF Coca-Cola HBC Publishes 2020 Integrated Annual Report Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Sajeesh Manthattil - TI&Sc Manager QSE By Design - The Coca-Cola 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. The Coca-Cola Company - Encyclopedia Britannica | Britannica Supply Chain Manager - The Coca-Cola Company - LinkedIn 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 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. 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. 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.. Coca-Cola Sustainability Strategy - PHDessay.com We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 2021 Business, Environmental, Social & Governance | Company Reports You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . endstream endobj startxref 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. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". Coca-Cola Reports Fourth Quarter and Full Year 2020 Results 4853 0 obj <>stream 2017 Annual Review. Financial Results :: The Coca-Cola Company (KO) Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Oluwatobiloba is an experienced professional skilled in managing and monitoring market trends, driving strategic brand development and executing campaigns and ensuring marketing activities ultimately drive profitable business growth. 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. 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. Reports and Results - KOF All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. 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. 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. 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.. Osita Abana, MPA - Global Sustainability, Public Policy Our purpose is to refresh the world and make a difference. Livingstone University. We act in ways to create a more sustainable and better shared future. 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 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. This efficient use of input materials help in more than doubling the fruit produce. 2019 Annual Review. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Challenging . Sustainability | Coca-Cola it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. Coca-Cola Europacific Partners - Sustainability-Reports.com 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 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. Apr 2021 - Dec 20221 year 9 months. 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. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany 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 continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. Unit case volume declined 7% for the quarter, primarily due to the impact of the coronavirus pandemic across key markets and adverse weather in Southeast Asia. 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. Brussels, Brussels Region, Belgium. 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. 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.