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 Company has been refreshing the world and making a difference for over 136 years. 2022 The CocaCola Company. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. 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. 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. 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 . Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company To make a difference in people's lives, communities and our planet by doing business the right way. 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.. 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. 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. 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+." In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. A track record . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. The unavailable information could have a significant impact on our full year 2021 reported financial results. 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. 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 the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. 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. 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. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site eaha@LlQx6. Back. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. To make a difference in people's lives, communities and our planet by doing business the right way. Atlanta, Georgia, United States. And, for the first time ever, its entire content is available exclusively online. 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. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. 2019 Annual Review. Short-Term Experience as Commercialization Manager. 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. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. More than 20% of the companys global portfolio is in refillable or fountain packaging. Sustainable Agriculture Increasing total sales globally in 2018 and 2019, while reducing added sugar. In 2010, we improved our water use efficiency for the eighth consecutive year, reducing the average amount of water required to produce each beverage serving. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. To make a difference in people's lives, communities and our planet by doing business the right way. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. ET. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Plastics View Governance. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. The company continues to strengthen risk assessments and streamline supplier engagement processes. This does not include any potential payments related to the ongoing tax litigation with the IRS. The Coca-Cola Company in Boydton, VA Expand search. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. All rights reserved. Annual Report. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. . 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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. The company expects to deliver free cash flow (non-GAAP) of at least $8.5 billion through cash flow from operations of at least $10.0 billion and capital expenditures of approximately $1.5 billion. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. Therefore, the percent change is not meaningful. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. <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 . Filings & Reports . 102-54 Claims of reporting in accordance with the GRI . Similar programs launched in Ethiopia and Tanzania. <br> Writing a Marketing Plan . Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Brussels, Brussels Region, Belgium. 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. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. 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. Jun 2021 - Present1 year 10 months. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. This button displays the currently selected search type. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. 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. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. 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. Join to follow The Coca-Cola Company . 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. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. When expanded it provides a list of search options that will switch the search inputs . Financing Agreements; In August, Coca-Cola Beverages Philippines announced an investment of US$22 million in its operations to support its expansion projects and maintain its labor forces. 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. 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. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends.
Explore our Purpose & Vision, History and more. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. 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. 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. Sustainable Development Reports | Swire Coca-Cola Sustainability Overview Planet Product People SD Reports Sustainable Development Reports Further details of our environmental and social performance are outlined in our Sustainability Report. This was partially offset by growth in China, Brazil and Nigeria. 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. Lusaka, Zambia 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. 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. "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. 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. Unit case volume declined 4% for the quarter, primarily due to coronavirus-related pressure in away-from-home channels in Europe and South Africa, partially offset by growth in Western Africa and Turkey. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 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.. Join to follow The Coca-Cola Company . 2020 Integrated Report ; Integrated Annual Report ", Business Environment and Strategic Actions Update. 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. Zug, Switzerland - 1 February 2022 - Coca-Cola HBC has again been rated Europe's most sustainable beverage company, and for the 11 th consecutive year has been ranked among the top three beverage industry performers globally.. She has exemplary communication, leadership, innovative and collaborative skills . 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. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. 2017 Annual Review. Water replenishment ratio of 159.9%. 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. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. 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. . 3 Due to the combination of multiple business models in the Global Ventures segment, the composition of concentrate sales and price/mix may fluctuate materially on a periodic basis. 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. Menu. Coca-Cola is a globally distributed brand with products that contribute to the obesity epidemic, the plastic pollution crisis, and water scarcity in vulnerable communities, all of which harm. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. 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. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . We act in ways to create a more sustainable and better shared future. - The health and safety of our associates have always been our priority. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. Explore our Purpose & Vision, History and more. 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%. 2015 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. 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. 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.. 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. Email Alerts. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. The company invites participants to listen to a live webcast of the conference call on the companys website, http://www.coca-colacompany.com, in the "Investors" section. Home; Our Brands. 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. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. 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.. See more Sustainability report About this report We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. We aim 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. Volume performance included solid growth in sparkling soft drinks in China and India. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. The company also provided an update on its strategic transformation initiatives. %%EOF
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. 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. 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. 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. 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. Our purpose is to refresh the world and make a difference. 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 operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. As a result, the company has reinstated guidance and is providing its 2021 outlook. 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. The. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. "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. Our purpose is to refresh the world and make a difference. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 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. Apr 2021 - Dec 20221 year 9 months. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 2018 Annual Review.