We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. For the Bottling Investments operating segment for the fourth quarter, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. 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.). 2020 Annual Review. 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. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. The company continues to strengthen risk assessments and streamline supplier engagement processes. "Price/mix" represents the change in net operating revenues caused by factors such as price changes, the mix of products and packages sold, and the mix of channels and geographic territories where the sales occurred. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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. All rights reserved. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. Budapest, Hungary. 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. 2018 Annual Review. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. 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). COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. 2019 Annual Review. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. 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. 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.. To make a difference in people's lives, communities and our planet by doing business the right way. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. Human Rights | Coca-Cola European Partners - Coca-Cola Europacific Partners 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. 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. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". Water replenishment ratio of 159.9%. Juice, dairy and plant-based beverages declined 2% for the quarter and 9% for the year, as solid performance by Simply and fairlife in North America was more than offset by a decline in Minute Maid in the fountain business. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. 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. To make a difference in people's lives, communities and our planet by doing business the right way. Coca-Cola HBC on LinkedIn: #esg #sustainability #2021spglobalyearbook # The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. Feb 2021 - Present2 years 2 months. 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. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. CocaCola . . The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. Ambitious goals for sustainable business operations have not been forgotten. 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 . Coca-Cola's Business & ESG Report 2020 CSR Europe The company also provided an update on its strategic transformation initiatives. eaha@LlQx6. Join to view profile Coca-Cola Beverages Zambia. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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. 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. 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Our purpose is to refresh the world and make a difference. View Governance. 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. Our Sustainability Stakeholder Report contains a full year of data from 1 January, 2021 to 31 December, 2021 and covers our global business operations in Europe and API. ESG :: The Coca-Cola Company (KO) The first quarter has five additional days compared to first quarter 2020. The global initiative launched in 2018 focuses on designing, collecting and partnering. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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. Sustainability :: The Coca-Cola Company (KO) Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. We act in ways to create a more sustainable and better shared future. She has exemplary communication, leadership, innovative and collaborative skills . World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. How many drinks does The CocaCola Company sell worldwide each day? Finance Manager Hungary. endstream endobj startxref ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 2020 Integrated Report ; Integrated Annual Report Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 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 health and safety of our associates have always been our priority. 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. Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn To make a difference in people's lives, communities and our planet by doing business the right way. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Report. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company Operating Review Three Months Ended December 31, 2020. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. 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 Home; Our Brands. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Skilled in Corporate Social Responsibility, Public Policy . 2013 Annual Review . Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Earnings Release Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Mar 2021 - Present2 years 1 month. . People matter. 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. 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. "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. TI&Sc Quality and Food Safety Manager. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. Operating Review Year Ended December 31, 2020. 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. 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. Our purpose is to refresh the world and make a difference. 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. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom The company also provided an update on its strategic transformation initiatives. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . With new digital tools available to more people, the report was also created in a unique format offering easier access from smart phones, tablets and other popular mobile devices. 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. 2022 The CocaCola 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. Coca-Cola Europacific Partners - Sustainability-Reports.com 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. The company is confident in its ability to gain share and consumers, maintain strong system economics, strengthen its reputation with key stakeholders and position the organization to win. Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 hb```6B We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. Experienced FMCG Supply Chain professional. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Coca-Cola cleans up record on water usage | Reuters Events The Coca-Cola System in India releases Sustainability Update 2020-21 Join to follow The Coca-Cola Company . Lusaka, Zambia Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Similar programs launched in Ethiopia and Tanzania. Download report Check report history 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. Coca-Cola Amatil Ltd - ResponsibilityReports.com 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. Coke and Pepsi eye new sustainability goals after years of - Fortune Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. Sustainable Agriculture Sustainability | Coca-Cola Nigeria. Since 2000, our average calories per serving decreased by 9 percent globally. We act in ways to create a more sustainable and better shared future. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 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. When expanded it provides a list of search options that will switch the search inputs . 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 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. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on 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 . 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. Coca-Cola Nigeria. | Learn more about Oluwatobiloba Kajero's work experience, education . 2020 Business, Environmental, Social & Governance - The Coca-Cola Company 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. 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. Coca-Cola in Sri Lanka releases maiden Sustainability Report The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Explore our Purpose & Vision, History and more. And we will do all of this while maintaining a 100% or more global water replenishment rate.. Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn Our planet matters. 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 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..

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