The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 102-54 Claims of reporting in accordance with the GRI . 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. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn We act in ways to create a more sustainable and better shared future. 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. Note: Certain rows may not add due to rounding. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. %%EOF Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Careers; . Therefore, the percent change is not meaningful. "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. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 1K followers . Skilled in Corporate Social Responsibility, Public Policy . Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. Back Submit. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. While volume trends have broadly remained resilient amidst the continuing uncertainty surrounding the coronavirus pandemic, the company experienced incremental pressure in December and into the early part of this year due to a resurgence of the coronavirus in many parts of the world. ", 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. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. 2020 Integrated Report ; Integrated Annual Report Organic revenues (non-GAAP) declined 17%. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. The portal for Sustainability Reporting. 578 followers 347 connections. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. As a result, the company has reinstated guidance and is providing its 2021 outlook. Join to follow The Coca-Cola Company . Download report Check report history Courtesy of Coca-Cola The impact speaks for itself: A 2020 report from Break Free From Plastic collected 13,834 pieces of Coca-Cola-branded waste across 51 countriesmore than the. Volume performance included solid growth in sparkling soft drinks in China and India. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Fiscal Year Ended Dec 31, 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. 2015 Annual Review. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Livingstone University. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Explore our Purpose & Vision, History and more. "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. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Reformulating nearly 1,000 beverages from 2017 to 2019. - 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. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. 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 Report 2021 demonstrates the company's progress and . 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. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. The unavailable information could have a significant impact on our full year 2021 reported financial results. The company also provided an update on its strategic transformation initiatives. We use cookies to provide you with a great experience and to help our website run effectively. Home; Our Brands. 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. 4853 0 obj <>stream May 2020 - Jun 2022 2 years 2 months. Gurugram, Haryana, India. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Filings & Reports . Finance Manager Hungary. Join to view profile Coca-Cola Beverages Zambia. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. ", Business Environment and Strategic Actions Update. Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection. 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. 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. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. %PDF-1.6 % Given the above considerations, the company expects to deliver comparable EPS (non-GAAP) percentage growth of high single digits to low double digits versus $1.95 in 2020. 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. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Our planet matters. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. 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. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. Ambitious goals for sustainable business operations have not been forgotten. Join to follow The Coca-Cola Company . Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. 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. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. 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.. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. 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). Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 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. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. Coca-Cola Nigeria. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. 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. 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. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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 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.. A track record . 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 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 companys sustainability goals are interlinked.. 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. eaha@LlQx6. Human Rights | Coca-Cola European Partners Investors Contact Our human rights journey November 2020 Listed on the Dow Jones Sustainability Index for a fifth year (one of just four beverage companies to be listed on the DJSI World Index and one of three to be listed on the DJSI Europe Index). ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Apr 2021 - Dec 20221 year 9 months. 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 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. When expanded it provides a list of search options that will switch the search inputs . 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. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. Brussels, Brussels Region, Belgium. 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. Earnings Release 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. Coca-Cola HBC AG . 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. 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. 2017 Annual Review. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Annual Report. 0 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. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. 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.). 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. 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.. 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 . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. More than 20% of the companys global portfolio is in refillable or fountain packaging. 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. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. 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. 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. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. hb```6B Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. 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. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. The organization is on a path to emerge stronger and is positioned for long-term success. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. 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. 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. Since 2000, our average calories per serving decreased by 9 percent globally. The company also provided an update on its strategic transformation initiatives. <br><br>After finishing . Our planet matters. "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. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. 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 "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Email Alerts. We aim to create a more sustainable and better shared future. 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. Globally, we are the No. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. 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. Jun 2021 - Present1 year 10 months. 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. 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. 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 . (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team 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. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. To make a difference in people's lives, communities and our planet by doing business the right way. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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. 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.. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities..
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