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. Explore our Purpose & Vision, History and more. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. Only through a comprehensive approach can we make transformational and enduring change. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. Report this profile Report Report. endstream endobj startxref "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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. 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. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. 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 . "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Our planet matters. 2015 Annual Review. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. 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. We act in ways to create a more sustainable and better shared future. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. 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. 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. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. 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. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. A track record . July 2020 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.. 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. Therefore, the percent change is not meaningful. 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. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. Skilled in Corporate Social Responsibility, Public Policy . 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). Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Livingstone University. To make a difference in people's lives, communities and our planet by doing business the right way. Join to view profile Coca-Cola Beverages Zambia. She has exemplary communication, leadership, innovative and collaborative skills . Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Our purpose is to refresh the world and make a difference. 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. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. And we will do all of this while maintaining a 100% or more global water replenishment rate.. This efficient use of input materials help in more than doubling the fruit produce. 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. CocaCola . 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. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. 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. More than 20% of the companys global portfolio is in refillable or fountain packaging. We aim to create a more sustainable and better shared future. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. 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. 2013 Annual Review . Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. 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. Sustainable Agriculture The unavailable information could have a significant impact on our full year 2021 reported financial results. 578 followers 347 connections. Note: Certain rows may not add due to rounding. 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.. 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). 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. 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. Ambitious goals for sustainable business operations have not been forgotten. Apr 2021 - Dec 20221 year 9 months. To make a difference in people's lives, communities and our planet by doing business the right way. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. We act in ways to create a more sustainable and better shared future. 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. Our planet matters. 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. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. 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. 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. Sep 2020 - Apr 20218 months. 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. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 Back. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 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. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Coca-Cola Nigeria. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany 2020 Annual Review. 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. "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. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. The company is confident in its ability to gain share and consumers, maintain strong system economics, strengthen its reputation with key stakeholders and position the organization to win. This year's report also received verification by a third party agency, indicating the agency's approval of tracking systems, resulting in an overall B+ grade. Operating Review Year Ended December 31, 2020. The report highlights progress made on all aspects of business, governance and sustainability during 2020. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. Experienced FMCG Supply Chain professional. 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 . You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Organic revenues (non-GAAP) declined 17%. 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. To make a difference in people's lives, communities and our planet by doing business the right way. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. Filings & Reports . 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. Join to follow The Coca-Cola Company . 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 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. "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. Careers; . 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. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. 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. 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. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. "Our beverages are offered in returnable glass bottles and are 100% recyclable. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. 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. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. Join to follow The Coca-Cola Company . 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. A strong business leader with a growth mindset with 30 years' experience having managed large businesses at a P&L level, both in India & international markets, and functional roles at Regional and National level in a large multinational environment.<br><br>My core strength is in Operations and People Leadership and have delivered signature achievements in the multiple business leadership . 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. Our sustainability strategy guides how we support and engage the remarkable people behind our brands, from farmers and employees to the communities we call home, and delivers on our commitments to safeguard the health of the environment. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 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. 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. 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. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 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. 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. 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. ",Ae)` Rv=D3012=J@g,@ GI This was partially offset by growth in China, Brazil and Nigeria. 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. 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. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. 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. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn 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. This button displays the currently selected search type. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. ", 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. 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. Company Provides 2022 Financial Outlook. The company continues to strengthen risk assessments and streamline supplier engagement processes. How many drinks does The CocaCola Company sell worldwide each day? 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. 2020 Integrated Report ; Integrated Annual Report Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. 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. 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. 2018 Annual Review. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. 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. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. All rights reserved. We act in ways to create a more sustainable and better shared future. We use cookies to provide you with a great experience and to help our website run effectively. 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. 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. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. TI&Sc Quality and Food Safety Manager. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. <br><br>After finishing . Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. Our purpose is to refresh the world and make a difference. 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. Sustainability Senior Manager - Africa. The company also provided an update on its strategic transformation initiatives. . The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. 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. 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. - The health and safety of our associates have always been our priority. Additionally, the company is constantly reducing the use of . Our Sustainability Stakeholder Report contains a full year of data from 1 January, 2021 to 31 December, 2021 and covers our global business operations in Europe and API. We 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.

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