coca cola company sustainability report 2020

Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results By becoming better ourselves, we can help build a stronger, more sustainable future for us all. We aim to create a more sustainable and better shared future. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. 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. 4761 0 obj <> endobj We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company Sajeesh Manthattil - TI&Sc Manager QSE By Design - The Coca-Cola Back Submit. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. 2015 Annual Review. 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+." Email Alerts. Our purpose is to refresh the world and make a difference. 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.. 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. endstream endobj startxref We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Lagos, Nigeria. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. We act in ways to create a more sustainable and better shared future. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. Our purpose is to refresh the world and make a difference. Explore our Purpose & Vision, History and more. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. The company is not able to reconcile full year 2021 projected organic revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected comparable net revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected underlying effective tax rate (non-GAAP) to full year 2021 projected reported effective tax rate or full year 2021 projected comparable EPS (non-GAAP) to full year 2021 projected reported EPS without unreasonable efforts because it is not possible to predict with a reasonable degree of certainty the actual impact of changes in foreign currency exchange rates; the exact timing and amount of acquisitions, divestitures and/or structural changes; and the exact timing and amount of comparability items throughout 2021. 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. 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. Comparable currency neutral operating income (non-GAAP) declined 6%, driven by pressure in away-from-home channels in Japan and Australia, partially offset by effective cost management. Coca-Cola's brand value from 2006 to 2022 (in billion U.S. dollars) Most sustainable consumer goods companies in the United States in 2020 Most sustainable consumer goods companies in the. 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. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. For the fiscal year ending on Decembr 31 each year, presented to the Mexican Stock Exchange Download report Check report history GREEN BOND REPORT 2021 Our green bond reports on the green bond issued September 2020. 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. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. At the end of 2020 we announced our ambition to reach net zero greenhouse gas emissions across our entire value chain in Europe by 2040. 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. Coca-Cola HBC ranked Europe's most sustainable Beverage Company The companys sustainability goals are interlinked.. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . Annual Report. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 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. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. Challenging . %%EOF DuyenMai BuiDang - Public Affairs, Communications, and Sustainability The structure of the Sustainability Report 2020 corresponds to the main pillars of Coca-Cola HBC's corporate social responsibility and sustainability, such as reducing emissions and caring for the climate, looking after water and water resources, striving for a world without waste, and an inclusive approach to corporate development. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Annual Reviews :: The Coca-Cola Company (KO) 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 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. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. 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.. 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. 11K followers 500+ connections. The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # 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. Coca-Cola Sustainability Strategy - PHDessay.com You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . 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. 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 . Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom 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. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn As a result, the company has reinstated guidance and is providing its 2021 outlook. Coca-Cola Reports Fourth Quarter and Full Year 2020 Results Sustainable Agriculture 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. 2016 Annual Review. Coca-Cola Statistics, Facts, - Market.us KOF - Integrated Report 2021 - Coca-Cola FEMSA Coca-Cola Shares Sustainability Progress - News & Articles The Coca-Cola Company. Explore our Purpose & Vision, History and more. Coca-Cola HBC has been awarded a gold medal in The Sustainability Yearbook 2021, which ranks company sustainability performance by industry, according to their | 10 comments on LinkedIn 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. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. | Learn more about Oluwatobiloba Kajero's work experience, education . 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. As of the end of 2010, we had achieved 93 percent alignment, and by the end of 2011 we estimate 96 percent alignment with our stringent standards. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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.). Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Is Coca Cola helping the environment? Or hurting? See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Therefore, the percent change is not meaningful. We act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. 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. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 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. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. 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. Unit case volume declined 3% for the quarter and 6% for the year, as continued strength in at-home channels was more than offset by coronavirus-related pressure in away-from-home channels. 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. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. 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%. Ioanna Plakogianni - Brand Manager Nutrition - The Coca-Cola Company %PDF-1.6 % 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 continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. Jun 2021 - Present1 year 10 months. Coca-Cola HBC AG . Skilled in Corporate Social Responsibility, Public Policy . <br><br>After finishing . 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. 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. Coca-Cola's Business & ESG Report 2020 CSR Europe 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've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Filings & Reports . 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. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Our Principles for Sustainable Agriculture advance sustainable sourcing of our agricultural ingredients at the farm level, taking a longer-term perspective to reflect our expanding portfolio, increasingly diverse supply chains and the most recent science to support farmer livelihoods and ensure continuity of supply. Our planet matters. For the year, the company lost value share in total NARTD beverages, primarily due to share losses across most category clusters, partially offset by a share gain in sparkling soft drinks. The Coca-Cola Company in Boydton, VA Expand search. More than 20% of the companys global portfolio is in refillable or fountain packaging. 2021 Integrated Report; Integrated Annual Report 2020. 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. Sustainability Report for 2020 - cch Hungary 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. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. <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 . Concentrate sales were 4 points ahead of unit case volume, driven by two additional days in the quarter and cycling the timing of shipments in Brazil in the prior year. 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. To make a difference in people's lives, communities and our planet by doing business the right . The Coca-Cola Company Releases First-Ever GRI Report | Press Release it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. eaha@LlQx6. Christine Yeager - Director, PMO Sustainability - The Coca-Cola Company 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. Operating Review Three Months Ended December 31, 2020. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. PDF Coca-Cola HBC Publishes 2020 Integrated Annual Report Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Livingstone University. 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. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Since 2000, our average calories per serving decreased by 9 percent globally. 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 2020 - hr.coca-colahellenic.com She has exemplary communication, leadership, innovative and collaborative skills . 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. 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. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . Comparable EPS (non-GAAP) is expected to include an approximate 2% currency headwind based on the current rates and including the impact of hedged positions. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Join to follow The Coca-Cola Company . Human Rights | Coca-Cola European Partners - Coca-Cola Europacific Partners All rights reserved. Reformulating nearly 1,000 beverages from 2017 to 2019. 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. The portal for Sustainability Reporting. hb```6B 2020 World Without Waste | Company Reports - The Coca-Cola Company And, for the first time ever, its entire content is available exclusively online. 578 followers 347 connections. Sustainability | Coca-Cola Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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 . 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. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. 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. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement .

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