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. ESG :: The Coca-Cola Company (KO) CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. KOF - Integrated Report 2021 - Coca-Cola FEMSA The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . To make a difference in people's lives, communities and our planet by doing business the right way. Osita Abana, MPA - Global Sustainability, Public Policy Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. We exceeded our goal to give back at least 1 percent of our operating income to communities worldwide through TheCoca-ColaCompany and TheCoca-ColaFoundation in 2010 by giving $102 million. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. 2020 - hr.coca-colahellenic.com Globally, we are the No. See more Sustainability report About this report Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. The Coca-Cola Company. Additionally, the company is constantly reducing the use of . Coca-Cola Sustainability Strategy - PHDessay.com 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.. 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. Our biggest commitment is to reach carbon neutrality. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. 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. 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. 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. 2018 Annual Review. 578 followers 347 connections. The unavailable information could have a significant impact on our full year 2021 reported financial results. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. hb```6B 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. 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. 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. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team 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. 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. 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 . 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. Christine Yeager - Director, PMO Sustainability - The Coca-Cola Company Our PlantBottle technology, which allows us to replace 100 percent petroleum-based PET plastic with PET plastic that contains up to 30 percent material derived from plants, is becoming more widely used around the world. 2021 Business, Environmental, Social & Governance | Company Reports We act in ways to create a more sustainable and better shared future. Oluwatobiloba Kajero - Portfolio and Commercialisation Specialist Experienced Policy, Regulatory and Public Affairs practitioner with varied Industry and Association leadership roles, effective communicator, project catalyst and manager and a strong team leader and player proven in mobilising a wide range of stakeholders. Annual Reviews. The. 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. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. 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. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. 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. CocaCola . The company also provided an update on its strategic transformation initiatives. Sustainable Development Reports | Swire Coca-Cola Report. 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. 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. Sophia Chrysopoulou - EU Public Affairs & Government - LinkedIn 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+." Proxy Statements; Annual Reviews; 2021 Annual Review. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. Sustainability | Coca-Cola Europacific Partners "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. 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. The portal for Sustainability Reporting. . 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Explore our Purpose & Vision, History and more. 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. 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. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. 2020 Integrated Report ; Integrated Annual Report As of December 31, 2021, Coca-Cola FEMSA had allocated US$350.12 million of green bond net proceeds to projects supporting climate action, water stewardship, and a circular economy. 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. 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 . Introduction to Sustainability Coursera Issued Nov 2020. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. All rights reserved. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. 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. Challenging . This button displays the currently selected search type. 2020 World Without Waste | Company Reports - The Coca-Cola Company Learn all about our sustainability initiatives. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. 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. Sep 2020 - Apr 20218 months. 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. "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. 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. 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. In 2020, Coca-Cola pledged over Rs.70 million through its COVID-19 response program where it donated test kits to the Ministry of Health, essential packs to communities that needed it the most and conducted disinfection programs in multiple local communities. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. We act in ways to create a more sustainable and better shared future. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Reformulating nearly 1,000 beverages from 2017 to 2019. The company's new sustainability campaign "Deliver for Today, Inspire for Tomorrow" focuses on corporate and environmental sustainability with the goal of leading the industry in two major areas: energy and climate change and sustainable packing and recycling. This does not include any potential payments related to the ongoing tax litigation with the IRS. 2020 Annual Review. Since 2000, our average calories per serving decreased by 9 percent globally. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 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. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. When expanded it provides a list of search options that will switch the search inputs . Supply Chain Manager - The Coca-Cola Company - LinkedIn We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. To make a difference in people's lives, communities and our planet by doing business the right . Email Alerts. Our purpose is to refresh the world and make a difference. Company Provides 2022 Financial Outlook. 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. Back Submit. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. We are striving to make packaging part of the circular economy, Perez said. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn 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 . Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. %PDF-1.6 % 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 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. Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn 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 . 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 Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. More than 20% of the companys global portfolio is in refillable or fountain packaging. July 2020 Lottie S. - Digital Workplace Communications Lead - The Coca-Cola People matter. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. 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. Explore our Purpose & Vision, History and more. <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 . 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 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. A new science-based target aims to reduce the companys absolute carbon emissions by 25% by 2030, against a 2015 baseline, in line with the Paris Agreement Goals. 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. 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. 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 Reports and Results - KOF The Coca-Cola Company Releases First-Ever GRI Report | Press Release <br><br>After finishing . 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.. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 2021 Integrated Report; Integrated Annual Report 2020. The Coca-Cola Company - Encyclopedia Britannica | Britannica Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results Apr 2021 - Dec 20221 year 9 months. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Responsible business | Coca-Cola Our planet matters. 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. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. 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. What Can Hospitals Learn from The Coca-Cola Company? Health Care 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. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. She has exemplary communication, leadership, innovative and collaborative skills . Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. Creating a $100 million fund with The Recycling Partnership, Closed Loop Partners and World Wildlife Fund in the U.S. to reclaim more plastic bottles so they can be remade into new bottles. 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. 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. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Explore our Purpose & Vision, History and more. 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. 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 fiscal year ending on Decembr 31 each year, presented to the Mexican Stock Exchange Download report Check report history GREEN BOND REPORT 2021 Our green bond reports on the green bond issued September 2020. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. 2015 Annual Review. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Atlanta, Georgia, United States. ", Business Environment and Strategic Actions Update. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The companys sustainability goals are interlinked.. Coca-Cola HBC ranked Europe's most sustainable Beverage Company