The portal for Sustainability Reporting. Join to follow The Coca-Cola Company . We aim to create a more sustainable and better shared future. Brussels, Brussels Region, Belgium. 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 act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. endstream endobj startxref This efficient use of input materials help in more than doubling the fruit produce. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 Back. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Feb 2021 - Present2 years 2 months. %%EOF COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. 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. 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 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. Earnings Release Ambitious goals for sustainable business operations have not been forgotten. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company Oluwatobiloba is an experienced professional skilled in managing and monitoring market trends, driving strategic brand development and executing campaigns and ensuring marketing activities ultimately drive profitable business growth. 2020 Integrated Report ; Integrated Annual Report Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 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) declined 6%, driven by pressure in away-from-home channels in Japan and Australia, partially offset by effective cost management. 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. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Explore our Purpose & Vision, History and more. Jun 2021 - Present1 year 10 months. People matter. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. Atlanta, Georgia, United States. Explore our Purpose & Vision, History and more. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Responsible business | Coca-Cola Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. ET. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . 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. "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. 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. 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. People matter. 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. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. eaha@LlQx6. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) 2015 Annual Review. 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. %PDF-1.6 % The global initiative launched in 2018 focuses on designing, collecting and partnering. Challenging . ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". To make a difference in people's lives, communities and our planet by doing business the right way. 2017 Annual Review. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. 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 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. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site We act in ways to create a more sustainable and better shared future. 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. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. - 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. Apr 2021 - Dec 20221 year 9 months. Email Alerts. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. TI&Sc Quality and Food Safety Manager. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. 2013 Annual Review . 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. Budapest, Hungary. 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. 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 . Organic revenues (non-GAAP) declined 17%. She has exemplary communication, leadership, innovative and collaborative skills . 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.. Lagos, Nigeria. 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. 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. 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. Short-Term Experience as Commercialization Manager. We act in ways to create a more sustainable and better shared future. 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. 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. 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. And, for the first time ever, its entire content is available exclusively online. We use cookies to provide you with a great experience and to help our website run effectively. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Our planet matters. Explore our Purpose & Vision, History and more. The first quarter has five additional days compared to first quarter 2020. 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 aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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.. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. The company continues to strengthen risk assessments and streamline supplier engagement processes. "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. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. 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. For both the quarter and the full year, the decline was primarily due to pressure in the fountain business in North America and away-from-home channels in Western Europe due to the coronavirus pandemic. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Our purpose is to refresh the world and make a difference. 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. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. 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. 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. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Company Provides 2022 Financial Outlook. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. 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.. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Home; Our Brands. When expanded it provides a list of search options that will switch the search inputs . 2016 Annual Review. Only through a comprehensive approach can we make transformational and enduring change. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. And we will do all of this while maintaining a 100% or more global water replenishment rate.. . 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. 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). 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. 4853 0 obj <>stream Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Download report Check report history This multi-year effort includes addressing internal policies; supporting inclusive legislation (such as the hate-crime bill in Georgia, which was signed into law); committing to spending at least $500 million with Black-owned businesses in the U.S. over the next five years; and awarded $1 million to The Equal Justice Initiative to support communities marginalized by poverty and discouraged by unequal treatment. 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. 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. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. All rights reserved. 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. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. May 2020 - Jun 2022 2 years 2 months. 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 grew 3% for the quarter, as solid growth in juice and dairy finished-goods brands was partially offset by pressure in the fountain business and away-from-home channels. 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. 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. Report. 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. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." 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.