We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Challenging . The report highlights progress made on all aspects of business, governance and sustainability during 2020. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. 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. Responsible business | Coca-Cola Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. 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 Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. 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. Coca-Cola's Business & ESG Report 2020 CSR Europe While there are still uncertainties related to the pandemic, the company has greater visibility into its future recovery and is confident that its actions will continue to mitigate the effects of the crisis. KOF - Integrated Report 2021 - Coca-Cola FEMSA ", 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. The organization is on a path to emerge stronger and is positioned for long-term success. 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 has been refreshing the world and making a difference for over 136 years. More than 20% of the companys global portfolio is in refillable or fountain packaging. 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. Finance Manager Hungary - The Coca-Cola Company - LinkedIn Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. People matter. 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. For the year, the company lost value share in total NARTD beverages, primarily due to share losses across most category clusters, partially offset by a share gain in sparkling soft drinks. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. 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. Lizzie Munsanje - Communications & Sustainability Specialist - Coca See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. During my studies I have completed a lot of projects (in and out of the lab) working with other people and developed my skills in solving different problems. Earnings Release Explore our Purpose & Vision, History and more. 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. Join to follow The Coca-Cola Company . <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 578 followers 347 connections. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. 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 pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. 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. 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. Our purpose is to refresh the world and make a difference. hb```6B The Coca-Cola System in India releases Sustainability Update 2020-21 Coca-Cola Reports Fourth Quarter and Full Year 2020 Results 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. 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. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. At the end of 2020 we announced our ambition to reach net zero greenhouse gas emissions across our entire value chain in Europe by 2040. 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. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Reformulating nearly 1,000 beverages from 2017 to 2019. 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 . Finance Manager Hungary. Annual Reviews :: The Coca-Cola Company (KO) 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. Coke and Pepsi eye new sustainability goals after years of - Fortune The Coca-Cola Company - Encyclopedia Britannica | Britannica Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. "Our beverages are offered in returnable glass bottles and are 100% recyclable. To make a difference in people's lives, communities and our planet by doing business the right . . Coca-Cola, PepsiCo, Mars Slammed Over Recycling Targets - Business Insider - Committed investments of USD 1.7 Billion to Indias agri-ecosystem along with partners to create a healthy local juice and concentrate supply chain with successful and thriving farming communities and ecosystems. 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. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions Apr 2021 - Dec 20221 year 9 months. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. The global initiative launched in 2018 focuses on designing, collecting and partnering. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca 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. And, for the first time ever, its entire content is available exclusively online. 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.. 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, Achieving the companys water replenishment goal to return 100% of water used annually by 2020 in 2015, five years ahead of schedule., Returning the equivalent of 160% of water used in finished beverages back to communities and nature as of 2019. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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 2014 Annual Review. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. 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. 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.. Unit case volume declined 4% for the quarter, primarily due to coronavirus-related pressure in away-from-home channels in Europe and South Africa, partially offset by growth in Western Africa and Turkey. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Christine Yeager - Director, PMO Sustainability - The Coca-Cola Company See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 2020 - hr.coca-colahellenic.com Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Explore our Purpose & Vision, History and more. We act in ways to create a more sustainable and better shared future. Sustainable Agriculture All rights reserved. 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%. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . May 2020 - Jun 2022 2 years 2 months. The. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. Our CEO James Quincey has made it very clear what our commitment is this commitment and alignment from the very top drives the top-down effect of ensuring the senior leaders of the company are invested in building accountability and leading by example., Coca-Colas Chief Diversity and Inclusion Officer discusses the importance of taking action to create a diverse, safe and equal work environment. 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) grew 10%, primarily due to effective cost management across all business units. Livingstone University. 1 For Bottling Investments, 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. This efficient use of input materials help in more than doubling the fruit produce. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. 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. Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 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. Coca-Cola Company - statistics & facts | Statista ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. Coca-Cola Amatil Ltd - ResponsibilityReports.com Coca-Cola Bangladesh releases maiden Sustainability Highlights report Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. The Coca-Cola System in India releases Sustainability Update 2020-21 Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Filings & Reports . While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Atlanta, Georgia, United States. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Coca-Cola Sustainability Strategy - PHDessay.com 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. We aim to create a more sustainable and better shared future. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. As of the end of 2010, we had achieved 93 percent alignment, and by the end of 2011 we estimate 96 percent alignment with our stringent standards. 2021 Business, Environmental, Social & Governance | Company Reports Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # 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.. 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. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. 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. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola 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. 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. Email Alerts. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". 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. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. | Learn more about Oluwatobiloba Kajero's work experience, education . 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. To make a difference in people's lives, communities and our planet by doing business the right way. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom Since 2000, our average calories per serving decreased by 9 percent globally. 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. When expanded it provides a list of search options that will switch the search inputs . Reports and Results - KOF 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. 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. As a result, the company has reinstated guidance and is providing its 2021 outlook. The Coca-Cola Company. We are striving to make packaging part of the circular economy, Perez said. Coca-Cola HBC on LinkedIn: #esg #sustainability #2021spglobalyearbook # Menu. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Join to view profile Coca-Cola Beverages Zambia. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. 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.. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. Sophia Chrysopoulou - EU Public Affairs & Government - LinkedIn World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. "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. Increasing total sales globally in 2018 and 2019, while reducing added sugar. Explore our Purpose & Vision, History and more. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. This was partially offset by growth in China, Brazil and Nigeria. 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. Proxy Statements; Annual Reviews; 2021 Annual Review. 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. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Lottie S. - Digital Workplace Communications Lead - The Coca-Cola Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Is Coca Cola helping the environment? Or hurting? 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..

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