COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. ", 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. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 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. | Learn more about Oluwatobiloba Kajero's work experience, education . 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. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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.. 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. eaha@LlQx6. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. 102-54 Claims of reporting in accordance with the GRI . Water, enhanced water and sports drinks declined 9% for the quarter and 11% for the year, led by a broad-based decline across operating groups, primarily due to a decline in lower-margin water brands. Explore our Purpose & Vision, History and more. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team And we will do all of this while maintaining a 100% or more global water replenishment rate.. 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. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 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. 2014 Annual Review. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. 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). 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. 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. <br> 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 . 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. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. According to an updated Cradle-To-Resin Life Cycle Analysis of Polyethylene Resin by the National Association for PET Container Resources (NAPCOR), a 60% reduction in greenhouse gas emissions and a 75% lower total energy demand may be achieved by replacing a unit of . Lusaka, Zambia Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. Writing a Marketing Plan . endstream endobj startxref Challenging . Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. We use cookies to provide you with a great experience and to help our website run effectively. ", Business Environment and Strategic Actions Update. 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. 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. 2013 Annual Review . 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. 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. Similar programs launched in Ethiopia and Tanzania. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany The. 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. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. 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. We act in ways to create a more sustainable and better shared future. 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. 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. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. 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. 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. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Coca-Cola Nigeria. About . By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. Brussels, Brussels Region, Belgium. The organization is on a path to emerge stronger and is positioned for long-term success. Proxy Statements; Annual Reviews; 2021 Annual Review. 2022 The CocaCola Company. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. Sustainability Report 2021 demonstrates the company's progress and . 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. "Unit case" means a unit of measurement equal to 192 U.S. fluid ounces of finished beverage (24 eight-ounce servings), with the exception of unit case equivalents for Costa non-ready-to-drink beverage products which are primarily measured in number of transactions. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. "In 2020, employees from across The Coca-Cola Company and its bottling system worked tirelessly to learn and adapt amidst a global crisis," said James Quincey, chairman and CEO of The Coca-Cola Company. When expanded it provides a list of search options that will switch the search inputs . 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 Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Our purpose is to refresh the world and make a difference. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Additionally, the company is constantly reducing the use of . 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. <br><br>After finishing . "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. This does not include any potential payments related to the ongoing tax litigation with the IRS. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Therefore, the percent change is not meaningful. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. 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. . 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%. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Annual Report. 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. 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. . TI&Sc Quality and Food Safety Manager. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. We invest to improve peoples lives, from our employees to all those who touch our business system, to our investors, to the broad communities we call home. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. May 2020 - Jun 2022 2 years 2 months. 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.. 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. "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. All rights reserved. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. Apr 2021 - Dec 20221 year 9 months. 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. We act in ways to create a more sustainable and better shared future. Note: Certain rows may not add due to rounding. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. To make a difference in people's lives, communities and our planet by doing business the right way. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site Our purpose is to refresh the world and make a difference. 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. 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. 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 . See more Sustainability report About this report The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Since 2000, our average calories per serving decreased by 9 percent globally. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . 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. 1K followers . ET. How many drinks does The CocaCola Company sell worldwide each day? ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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. The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Jun 2021 - Present1 year 10 months. Sep 2020 - Apr 20218 months. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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). 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. Back. To make a difference in people's lives, communities and our planet by doing business the right . Operating Review Year Ended December 31, 2020. 11K followers 500+ connections. 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. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Ambitious goals for sustainable business operations have not been forgotten.
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