coca cola company sustainability report 2020

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. Brussels, Brussels Region, Belgium. The Coca-Cola Company. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. We act in ways to create a more sustainable and better shared future. "Our beverages are offered in returnable glass bottles and are 100% recyclable. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Join to follow The Coca-Cola Company . Our planet matters. Skilled in Corporate Social Responsibility, Public Policy . Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. "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. 102-54 Claims of reporting in accordance with the GRI . (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team 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). Learn all about our sustainability initiatives. The. Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 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. 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. 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. In addition to increasing transparency within the content, we have taken a digital approach to make the report more user-friendly and accessible on a variety of mobile devices. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. "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. 2014 Annual Review. 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. My core strength is in Operations and People Leadership and have delivered signature achievements in the multiple business leadership . Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. People matter. To make a difference in people's lives, communities and our planet by doing business the right . 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. . The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. The unavailable information could have a significant impact on our full year 2021 reported financial results. Explore our Purpose & Vision, History and more. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. 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. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. See more Sustainability report About this report We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 4853 0 obj <>stream 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. 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). Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Proxy Statements; Annual Reviews; 2021 Annual Review. Coca-Cola HBC AG . Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. Jun 2021 - Present1 year 10 months. 2022 The CocaCola Company. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. 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. 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. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. 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 . ",Ae)` Rv=D3012=J@g,@ GI Further, the "Investors" section of the website includes certain supplemental information and a reconciliation of non-GAAP financial measures to the companys results as reported under GAAP, which may be used during the call when discussing financial results. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. 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. All volume percentage changes are computed based on average daily sales for the fourth quarter, unless otherwise noted, and are computed on a reported basis for the full year. Introduction to Sustainability Coursera Issued Nov 2020. 2018 Annual Review. Sep 2020 - Apr 20218 months. Back. As a result, the company has reinstated guidance and is providing its 2021 outlook. 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%. 2016 Annual Review. This was partially offset by growth in China, Brazil and Nigeria. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. 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. 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. Livingstone University. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. This efficient use of input materials help in more than doubling the fruit produce. 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. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Sustainable Agriculture 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. 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. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. Operating Review Year Ended December 31, 2020. 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.. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. 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. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 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. 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. Gurugram, Haryana, India. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Download report Check report history Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. The program impacted more than 1.3 million women in 2019 alone. 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. How many drinks does The CocaCola Company sell worldwide each day? 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. And we will do all of this while maintaining a 100% or more global water replenishment rate.. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. 2020 Annual Review. July 2020 Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. More than 20% of the companys global portfolio is in refillable or fountain packaging. 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+." She has exemplary communication, leadership, innovative and collaborative skills . 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. Report. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. Atlanta, Georgia, United States. Our purpose is to refresh the world and make a difference. 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. 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.). ", 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. People matter. - Foundation, Anandana, has set up 300+ water replenishment structures with a potential of replenishing 14 billion liters of water which has further benefitted more than 1 Million community members. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. 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. 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. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. 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. Unit case volume grew 2% for the quarter, led by solid performance in sparkling soft drinks in Brazil, partially offset by a decline in away-from-home channels in Mexico. Menu. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Leading product development projects for WEBU and DDFI&NE with a cross-functional team that includes Marketing, Finance, Bottler, Technical and R&D. Relevant learnings within this experience: o Lead . 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 Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 4761 0 obj <> endobj it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. All rights reserved. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. To make a difference in people's lives, communities and our planet by doing business the right way. Explore our Purpose & Vision, History and more. 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. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. Sustainability Senior Manager - Africa. Home; Our Brands. | 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. This button displays the currently selected search type. 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. We aim to create a more sustainable and better shared future. Operating Review Three Months Ended December 31, 2020. View Governance. 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 act in ways to create a more sustainable and better shared future. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. 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. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 Lusaka, Zambia hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 1 Coca-Cola's work toward its "drink in your hand" goal reduced its relative carbon emissions by 25% by 2020, against a 2010 baseline. 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. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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.. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. Our goal is to create closed loop systems, extracting the maximum value from materials and products while in use, and then recovering and recycling them.. The organization is on a path to emerge stronger and is positioned for long-term success. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. 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. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. We act in ways to create a more sustainable and better shared future. 2017 Annual Review. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. Therefore, the percent change is not meaningful. 2015 Annual Review. 2013 Annual Review . 1K followers . The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Water replenishment ratio of 159.9%. 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. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. We are striving to make packaging part of the circular economy, Perez said. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company
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