2020 World Without Waste | Company Reports - The Coca-Cola Company Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. Coca-Cola HBC AG . Explore our Purpose & Vision, History and more. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. 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. 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. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. The Netherlands and Norway recently became the second and third markets in Western Europe (after Sweden) to transition to 100% rPET for their entire portfolios.. Proxy Statements; Annual Reviews; 2021 Annual Review. 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. Coca-Cola Company - statistics & facts | Statista As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Sustainability | Coca-Cola Nigeria. 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). 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. The company also provided an update on its strategic transformation initiatives. In 2020, Coca-Cola pledged over Rs.70 million through its COVID-19 response program where it donated test kits to the Ministry of Health, essential packs to communities that needed it the most and conducted disinfection programs in multiple local communities. Sustainable Agriculture 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. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Is Coca Cola helping the environment? Or hurting? Strategy :: The Coca-Cola Company (KO) Coca-Cola Amatil Ltd - ResponsibilityReports.com See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . 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 . 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. People matter. 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. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 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. We act in ways to create a more sustainable and better shared future. 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. "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. 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. 578 followers 347 connections. 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. 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. KEY HIGHLIGHTS OF THE SUSTAINABILITY UPDATE 2020 - 21 World Without Waste As part of its World Without Waste initiative, The Coca-Cola Company (TCCC) is committed to make 100 per cent of its packaging recyclable globally by 2025 and use at least 50 per cent recycled material in its packaging by 2030. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. 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. - 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. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". 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. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Introduction to Sustainability Coursera Issued Nov 2020. Home; Our Brands. Lead the Sustainability Project Management Office for the North America Operating Unit of 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. Coca-Cola Shares Sustainability Progress - News & Articles 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.. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 2022 The CocaCola Company. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Feb 2021 - Present2 years 2 months. Sajeesh Manthattil - TI&Sc Manager QSE By Design - The Coca-Cola Coca-Cola Nigeria. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. This button displays the currently selected search type. 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. endstream endobj startxref Concentrate sales were 3 points ahead of unit case volume, largely due to two additional days in the quarter and cycling the Brexit-related inventory reduction in the prior year. 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. 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. Sustainability Senior Manager - Africa. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. 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. 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. The first quarter has five additional days compared to first quarter 2020. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . 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. 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. Jun 2021 - Present1 year 10 months. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 2017 Annual Review. 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. "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. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. For the year, the company's value share in total NARTD beverages was even as a share gain in the tea and coffee category cluster was offset by share losses in the other category clusters. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. "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. 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.. Sustainability Report 2021 - gr.coca-colahellenic.com 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. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. 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. 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. 2019 Annual Review. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 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 Sustainable Development Reports | Swire Coca-Cola 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. 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. %%EOF Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. 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. Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. 2022 The CocaCola Company. For comparable net revenues (non-GAAP), the company expects a 2% to 3% currency tailwind based on the current rates and including the impact of hedged positions. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company In addition to the data in the preceding tables, operating results included the following: The 2021 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance. 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 This does not include any potential payments related to the ongoing tax litigation with the IRS. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. 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. Challenging . Christine Yeager - Director, PMO Sustainability - The Coca-Cola Company Osita Abana, MPA - Global Sustainability, Public Policy Explore our Purpose & Vision, History and more. 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. However, for readers to have more up-to-date information, we have also included highlights of COVID-19 related humanitarian relief measures that were implemented in 2021. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. 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. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Finance Manager Hungary - The Coca-Cola Company - LinkedIn The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. 2016 Annual Review. 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. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . Coca-Cola Reports Fourth Quarter and Full Year 2020 Results The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Similar programs launched in Ethiopia and Tanzania. Increasing total sales globally in 2018 and 2019, while reducing added sugar. "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. Coca-Cola Statistics, Facts, - Market.us 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.. Water replenishment ratio of 159.9%. 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. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola See more Sustainability report About this report Lizzie Munsanje - Communications & Sustainability Specialist - Coca KEY HIGHLIGHTS OF THE SUSTAINABILITY UPDATE 2020 - 21 World Without Waste As part of its World Without Waste initiative, The Coca-Cola Company (TCCC) is committed to make 100 per cent of its packaging recyclable globally by 2025 and use at least 50 per cent recycled material in its packaging by 2030. Careers; . 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. Arijit Mitra - Business Development Director at the Africa Operating 2020 Annual Review. Short-Term Experience as Commercialization Manager. The companys sustainability goals are interlinked.. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. "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. Coca-Cola's Business & ESG Report 2020 CSR Europe Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 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 . Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. Annual Report. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. When expanded it provides a list of search options that will switch the search inputs . ESG :: The Coca-Cola Company (KO) | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn To make a difference in people's lives, communities and our planet by doing business the right way. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company %PDF-1.6 % Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Aisha Sarwari - Director Public Affairs, Communications and Budapest, Hungary. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. July 2020 Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. To make a difference in people's lives, communities and our planet by doing business the right way. View Governance. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Fiscal Year Ended Dec 31, 2020. As a result, the company has reinstated guidance and is providing its 2021 outlook. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Menu. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. 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. Ioanna Plakogianni - Brand Manager Nutrition - The Coca-Cola Company We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. More than 20% of the companys global portfolio is in refillable or fountain packaging. 4853 0 obj <>stream Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable.