600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. 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. Zug, Switzerland - 1 February 2022 - Coca-Cola HBC has again been rated Europe's most sustainable beverage company, and for the 11 th consecutive year has been ranked among the top three beverage industry performers globally.. We aim to create a more sustainable and better shared future. 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. This was partially offset by growth in China, Brazil and Nigeria. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. Our purpose is to refresh the world and make a difference. Coca-Cola's Chief Sustainability Officer, Bea Perez, discusses the importance of prioritizing our sustainability goals as the business emerges stronger from the global pandemic. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. Only through a comprehensive approach can we make transformational and enduring change. Coca-Cola HBC AG . Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. The organization is on a path to emerge stronger and is positioned for long-term success. 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. 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. Livingstone University. Note: Certain rows may not add due to rounding. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. 2013 Annual Review . "Unit case volume" means the number of unit cases (or unit case equivalents) of company beverages directly or indirectly sold by the company and its bottling partners to customers or consumers. Operating Review Three Months Ended December 31, 2020. 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 have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 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. 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. 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.. 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. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. 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. Plastics . ",Ae)` Rv=D3012=J@g,@ GI 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. "Concentrate sales" represents the amount of concentrates, syrups, beverage bases, source waters and powders/minerals (in all instances expressed in equivalent unit cases) sold by, or used in finished beverages sold by, the company to its bottling partners or other customers. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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. 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. 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. 2014 Annual Review. Operating Review Year Ended December 31, 2020. - Committed investments of USD 1.7 Billion to Indias agri-ecosystem along with partners to create a healthy local juice and concentrate supply chain with successful and thriving farming communities and ecosystems. To make a difference in people's lives, communities and our planet by doing business the right way. 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. People matter. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. - The health and safety of our associates have always been our priority. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Feb 2021 - Present2 years 2 months. Additionally, the company is constantly reducing the use of . 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. Company Provides 2022 Financial Outlook. Similar programs launched in Ethiopia and Tanzania. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Explore our Purpose & Vision, History and more. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." 2020 Integrated Report ; Integrated Annual Report 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. How many drinks does The CocaCola Company sell worldwide each day? The news was disclosed in S&P Global's Annual Yearbook, which confirms the 2021 Dow Jones Sustainability Index (DJSI), one of the world's leading . Lusaka, Zambia 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 Leading product development projects for WEBU and DDFI&NE with a cross-functional team that includes Marketing, Finance, Bottler, Technical and R&D. Relevant learnings within this experience: o Lead . 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. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. 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. Menu. About . 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. Mar 2021 - Present2 years 1 month. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. Ambitious goals for sustainable business operations have not been forgotten. . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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.. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. 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. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. Sustainability Report 2021 demonstrates the company's progress and . 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. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. 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. People matter. Sustainability Senior Manager - Africa. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. When expanded it provides a list of search options that will switch the search inputs . 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. 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. 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. See more Sustainability report About this report 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. 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. 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. 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. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. 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. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. %PDF-1.6 % TI&Sc Quality and Food Safety Manager. 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). The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. The companys sustainability goals are interlinked.. 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. This multi-year effort includes addressing internal policies; supporting inclusive legislation (such as the hate-crime bill in Georgia, which was signed into law); committing to spending at least $500 million with Black-owned businesses in the U.S. over the next five years; and awarded $1 million to The Equal Justice Initiative to support communities marginalized by poverty and discouraged by unequal treatment. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Water replenishment ratio of 159.9%. During my studies I have completed a lot of projects (in and out of the lab) working with other people and developed my skills in solving different problems. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. As a result, the company has reinstated guidance and is providing its 2021 outlook. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) The Coca-Cola Company. <br> 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. We act in ways to create a more sustainable and better shared future. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. Reformulating nearly 1,000 beverages from 2017 to 2019. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Earnings Release eaha@LlQx6. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Since 2000, our average calories per serving decreased by 9 percent globally. 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 improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 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. Therefore, the percent change is not meaningful. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 11K followers 500+ connections. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. 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. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Introduction to Sustainability Coursera Issued Nov 2020. Learn all about our sustainability initiatives. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. We act in ways to create a more sustainable and better shared future. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. 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. Report. Join to follow The Coca-Cola Company . In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. 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. To make a difference in people's lives, communities and our planet by doing business the right way. 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. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 The company also provided an update on its strategic transformation initiatives. 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. 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 unavailable information could have a significant impact on our full year 2021 reported financial results. 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.. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . 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. 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 The Coca-Cola Company in Boydton, VA Expand search. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. Our planet matters. 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. The. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. "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. We act in ways to create a more sustainable and better shared future. 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. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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. 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). ", 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. 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. An audio replay in downloadable digital format and a transcript of the call will be available on the website within 24 hours following the call. Globally, we are the No. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. 2018 Annual Review. 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. 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. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. 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 . The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. 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.. "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. Unit case volume declined 4% for the quarter, primarily due to adverse weather in Southeast Asia along with coronavirus-related pressure in away-from-home channels in most markets in the region. Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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. 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. View Governance. 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. To make a difference in people's lives, communities and our planet by doing business the right . Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . At The Coca-Cola Company, we strive to use our leadership to be part of the solution to achieve positive change in the world and to build a more sustainable future for our planet. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Therefore, the percent change is not meaningful. Email Alerts. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. We are striving to make packaging part of the circular economy, Perez said. Back Submit. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Proxy Statements; Annual Reviews; 2021 Annual Review. 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.
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