coca cola company sustainability report 2020

About . People matter. 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 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. A track record . See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca Email Alerts. Sustainability Report for 2020 - cch Hungary Our planet matters. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. 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. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Report this profile Report Report. eaha@LlQx6. 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. 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). "Our beverages are offered in returnable glass bottles and are 100% recyclable. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Atlanta, Georgia, United States. 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" 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. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. - The health and safety of our associates have always been our priority. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. Therefore, the percent change is not meaningful. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. Lizzie Munsanje - Communications & Sustainability Specialist - Coca Earnings Release Operating income declined 2% in the quarter, which included a 3-point currency tailwind. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. Coca-Cola in Sri Lanka releases maiden Sustainability Report 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. Concentrate sales were 1 point ahead of unit case volume, driven by two additional days in the quarter partially offset by the timing of shipments. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany 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. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. 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. 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. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Budapest, Hungary. We act in ways to create a more sustainable and better shared future. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. 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 . 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. "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. 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. Careers; . All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Explore our Purpose & Vision, History and more. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. The organization is on a path to emerge stronger and is positioned for long-term success. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 2013 Annual Review . 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. 2020 - hr.coca-colahellenic.com 2015 Annual Review. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. 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. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. 0 Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 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. Sophia Chrysopoulou - EU Public Affairs & Government - LinkedIn Arijit Mitra - Business Development Director at the Africa Operating Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn Coca-Cola Amatil Ltd - ResponsibilityReports.com | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn 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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Developing a touch-less option for Coca-Cola Freestyle machines in the U.S., allowing consumers to select and pour drinks them via smartphone all without touching the machines screen. "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. 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. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Ambitious goals for sustainable business operations have not been forgotten. Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 - 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. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. Strategy :: The Coca-Cola Company (KO) "Our beverages are offered in returnable glass bottles and are 100% recyclable. Explore our Purpose & Vision, History and more. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions 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. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. The news was disclosed in S&P Global's Annual Yearbook, which confirms the 2021 Dow Jones Sustainability Index (DJSI), one of the world's leading . 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. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. Coca-Cola Statistics, Facts, - Market.us Our purpose is to refresh the world and make a difference. Fiscal Year Ended Dec 31, 2020. KOF - Integrated Report 2021 - Coca-Cola FEMSA Sustainability Report 2021 - gr.coca-colahellenic.com <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 2017 Annual Review. Plastics Oluwatobiloba Kajero - Portfolio and Commercialisation Specialist Back Submit. The company also provided an update on its strategic transformation initiatives. Through our strategy of Reduce, Recycle and Replenish, we exceeded our 2020 replenish goal - our water usage ratio was 1.73 liters of water per litre of beverage produced a reduction of 32.4% since 2010. 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 Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. endstream endobj startxref Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. 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. 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 a result, the company has reinstated guidance and is providing its 2021 outlook. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. Organic revenues (non-GAAP) declined 17%. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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. ", 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. However, for readers to have more up-to-date information, we have also included highlights of COVID-19 related humanitarian relief measures that were implemented in 2021. 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. 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. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. 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 . Coke and Pepsi eye new sustainability goals after years of - Fortune See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. Supply Chain Manager - The Coca-Cola Company - LinkedIn Sustainability | Coca-Cola Europacific Partners Reformulating nearly 1,000 beverages from 2017 to 2019. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. PDF GRI SASB TCFD SDGs - The Coca-Cola Company Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Challenging . Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. 2021 Business, Environmental, Social & Governance | Company Reports 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 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. The Coca-Cola System in India releases Sustainability Update 2020-21 We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. Responsible to work with FBO, CBO and contract manufacturer/co-packer Operational Heads & QFS managers to implement QFS strategies and policies to protect and enhance The Coca-Cola Company resources, assets, trademarks and corporate . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. She has exemplary communication, leadership, innovative and collaborative skills . 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. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. The report highlights progress made on all aspects of business, governance and sustainability during 2020. When expanded it provides a list of search options that will switch the search inputs . The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. 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 . We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 1 For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume after considering the impact of structural changes. Michael Goltzman - Vice President, Global Policy - LinkedIn ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". Mar 2021 - Present2 years 1 month. Coca-Cola Company - statistics & facts | Statista Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site The Coca-Cola Company - Encyclopedia Britannica | Britannica "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. 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. Introduction to Sustainability Coursera Issued Nov 2020. 2014 Annual Review. 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.. What Can Hospitals Learn from The Coca-Cola Company? Health Care Fruit Circular Economy starts with the Unnati program, which is farm-level productivity enhancement by creating a belief among farmers in using Ultra-high to high density fruit plantation coupled with modern Package of Practices (POP). Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Coca-Cola's Business & ESG Report 2020 CSR Europe The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. We aim to create a more sustainable and better shared future. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. 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. 2018 Annual Review. The program impacted more than 1.3 million women in 2019 alone. Coca-Cola Bangladesh releases maiden Sustainability Highlights report 2016 Annual Review. 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. See more Sustainability report About this report Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . First quarter 2020 financial results were impacted by one less day as compared to the same period in 2019, and fourth quarter 2020 financial results were impacted by two additional days as compared to the same period in 2019. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Our planet matters. Coca-Cola Reports Fourth Quarter and Full Year 2020 Results Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. 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. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. 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. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Filings & Reports . 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. 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.. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. 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. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) 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. 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. The Coca-Cola Company Releases First-Ever GRI Report | Press Release Writing a Marketing Plan . Join to follow The Coca-Cola Company . Menu. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. To make a difference in people's lives, communities and our planet by doing business the right way. 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+." Sustainability | Coca-Cola This was partially offset by growth in China, Brazil and Nigeria. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. 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 . Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year.