coca cola company sustainability report 2020

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Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at Sustainability Report for 2020 - cch Hungary 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. 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 Nigeria. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. 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. Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners We are striving to make packaging part of the circular economy, Perez said. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. The Coca-Cola System in India releases Sustainability Update 2020-21 ET. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 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. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. 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 Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . %PDF-1.6 % KOF - Integrated Report 2021 - Coca-Cola FEMSA Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. 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. This does not include any potential payments related to the ongoing tax litigation with the IRS. 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. 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. 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 continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom Back Submit. The company is not able to reconcile full year 2021 projected organic revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected comparable net revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected underlying effective tax rate (non-GAAP) to full year 2021 projected reported effective tax rate or full year 2021 projected comparable EPS (non-GAAP) to full year 2021 projected reported EPS without unreasonable efforts because it is not possible to predict with a reasonable degree of certainty the actual impact of changes in foreign currency exchange rates; the exact timing and amount of acquisitions, divestitures and/or structural changes; and the exact timing and amount of comparability items throughout 2021. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. Fiscal Year Ended Dec 31, 2020. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability PDF GRI SASB TCFD SDGs - The Coca-Cola Company 2020 Business, Environmental, Social & Governance - The Coca-Cola Company The portal for Sustainability Reporting. We act in ways to create a more sustainable and better shared future. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. Aisha Sarwari - Director Public Affairs, Communications and By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. Coca-Cola Reports Fourth Quarter and Full Year 2020 Results Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. Coca-Cola HBC AG . 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. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. 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. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Coca-Cola, PepsiCo, Mars Slammed Over Recycling Targets - Business Insider 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. 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. 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. Report. Coca-Cola Amatil Ltd - ResponsibilityReports.com 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. 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. 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. Increasing total sales globally in 2018 and 2019, while reducing added sugar. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. endstream endobj startxref The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Company Provides 2022 Financial Outlook. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. 2020 - hr.coca-colahellenic.com Home; Our Brands. 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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Therefore, the percent change is not meaningful. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Back. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. To make a difference in people's lives, communities and our planet by doing business the right way. 2020 World Without Waste | Company Reports - The Coca-Cola Company 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 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. See more Sustainability report About this report 1K followers . Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Plastics See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. The program impacted more than 1.3 million women in 2019 alone. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. 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. Our planet matters. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn 2015 Annual Review. | Learn more about Oluwatobiloba Kajero's work experience, education . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. eaha@LlQx6. "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. Sustainability Report 2021 demonstrates the company's progress and . World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 2022 The CocaCola Company. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. <br><br>After finishing . 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. The Coca-Cola Company Releases First-Ever GRI Report | Press Release We act in ways to create a more sustainable and better shared future. 2021 Business, Environmental, Social & Governance | Company Reports Human Rights | Coca-Cola European Partners - Coca-Cola Europacific Partners Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn 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. 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. Livingstone University. Writing a Marketing Plan . Developing supply chain management principles to support suppliers through COVID-19 disruptions and uphold food quality, social and environmental standards., Advancing Black representation in leadership roles by boosting investment in leader training and internal pipeline development., Updating recruiting and hiring strategies to deploy tools that assess job postings for bias language, and refreshing interview guides with more inclusive messaging and ensuring all interview panels and slates are diverse.. 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. 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 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. 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. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. Our purpose is to refresh the world and make a difference. Arijit Mitra - Business Development Director at the Africa Operating All rights reserved. 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 25% driven by solid pricing and effective operating expense management. 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. The companys sustainability goals are interlinked.. To make a difference in people's lives, communities and our planet by doing business the right way. "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. Annual Report. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. People matter. 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 . Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. 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. 2020 Integrated Report ; Integrated Annual Report She has exemplary communication, leadership, innovative and collaborative skills . As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. 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%. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . 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. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 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. 11K followers 500+ connections. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Filings & Reports . Organic revenues (non-GAAP) declined 17%. This button displays the currently selected search type. The Coca-Cola Company. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola Water replenishment ratio of 159.9%. Note: Certain rows may not add due to rounding. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. When expanded it provides a list of search options that will switch the search inputs . 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. PDF Coca-Cola HBC Publishes 2020 Integrated Annual Report Strategy :: The Coca-Cola Company (KO) Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Coke and Pepsi eye new sustainability goals after years of - Fortune 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. 0 What Can Hospitals Learn from The Coca-Cola Company? Health Care TI&Sc Quality and Food Safety Manager. "Our beverages are offered in returnable glass bottles and are 100% recyclable. "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. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. 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. Comparable currency neutral operating income (non-GAAP) grew 14% for the quarter and was even for the year, driven by effective cost management across operating groups offset by top-line pressure due to the coronavirus pandemic. Apr 2021 - Dec 20221 year 9 months. 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. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. 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 . 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 . 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 . Finance Manager Hungary. <br> Coca-Cola Sustainability Strategy - PHDessay.com Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. 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. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. We act in ways to create a more sustainable and better shared future. Reports and Results - KOF report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . 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. Earnings Release Lusaka, Zambia See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency.

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