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coca cola company sustainability report 2020

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. 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 Coca-Cola Reports Fourth Quarter and Full Year 2020 Results The report highlights progress made on all aspects of business, governance and sustainability during 2020. Water replenishment ratio of 159.9%. <br><br>While serving in these organizations, I have led high-performing teams and provided strategic leadership in: strategic communications, leadership and internal communications, stakeholder and community management, corporate . Sustainability | Coca-Cola Europacific Partners 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. 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. 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. 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. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability ",Ae)` Rv=D3012=J@g,@ GI This does not include any potential payments related to the ongoing tax litigation with the IRS. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. She has exemplary communication, leadership, innovative and collaborative skills . 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. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Through early February 2021, the company has experienced a volume decline of mid single digits globally, with continued elevated levels of sales in at-home channels being more than offset by pressure in away-from-home channels. The portal for Sustainability Reporting. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. The companys sustainability goals are interlinked.. 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. 2016 Annual Review. A track record . Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. The company's new sustainability campaign "Deliver for Today, Inspire for Tomorrow" focuses on corporate and environmental sustainability with the goal of leading the industry in two major areas: energy and climate change and sustainable packing and recycling. This was partially offset by growth in China, Brazil and Nigeria. - 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. hb```6B The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Coca-Cola cleans up record on water usage | Reuters Events Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. 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. 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. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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.. ", Business Environment and Strategic Actions Update. 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. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. KOF - Integrated Report 2021 - Coca-Cola FEMSA 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. 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. Sophia Chrysopoulou - EU Public Affairs & Government - 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 . Sustainability | Coca-Cola Nigeria. Lagos, Nigeria. 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 Report 2021 demonstrates the company's progress and . 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. 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. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. More than 20% of the companys global portfolio is in refillable or fountain packaging. 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. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Short-Term Experience as Commercialization Manager. endstream endobj startxref Challenging . The company continues to strengthen risk assessments and streamline supplier engagement processes. Coca-Cola Amatil Ltd - ResponsibilityReports.com Sustainability Report 2021 - gr.coca-colahellenic.com 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. Introduction to Sustainability Coursera Issued Nov 2020. 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. ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners When expanded it provides a list of search options that will switch the search inputs . 2021 Integrated Report; Integrated Annual Report 2020. 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). The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Join to follow The Coca-Cola Company . Since 2000, our average calories per serving decreased by 9 percent globally. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability 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. 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. Globally, we are the No. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Our planet matters. May 2020 - Jun 2022 2 years 2 months. 2020 Annual Review. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. | Learn more about Oluwatobiloba Kajero's work experience, education . 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. 2013 Annual Review . Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results 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. Gurugram, Haryana, India. Operating Review Year Ended December 31, 2020. Our biggest commitment is to reach carbon neutrality. 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. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. Unit case volume declined 7% for the quarter, primarily due to the impact of the coronavirus pandemic across key markets and adverse weather in Southeast Asia. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Experienced FMCG Supply Chain professional. The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Livingstone University. 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. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Menu. Sustainability Report for 2020 - cch Hungary The revenue declines were primarily driven by coronavirus-related pressure on Costa retail stores, partially offset by strong performance in Costa Express machines in the United Kingdom. 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. Our purpose is to refresh the world and make a difference. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. 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.. Back. The company also provided an update on its strategic transformation initiatives. The Coca-Cola System in India releases Sustainability Update 2020-21 Email Alerts. And we will do all of this while maintaining a 100% or more global water replenishment rate.. 0 Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. Osita Abana, MPA - Global Sustainability, Public Policy Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. Home; Our Brands. Atlanta, Georgia, United States. Coca-Cola Company - statistics & facts | Statista "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. 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. Coca-Cola HBC on LinkedIn: #esg #sustainability #2021spglobalyearbook # 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. Similar programs launched in Ethiopia and Tanzania. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 2022 The CocaCola 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 2020 Integrated Report ; Integrated Annual Report 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. PDF GRI SASB TCFD SDGs - The Coca-Cola Company 102-54 Claims of reporting in accordance with the GRI . 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. 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 . US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions 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. 1K followers . pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. Our purpose is to refresh the world and make a difference. 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 . Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. The Coca-Cola System in India releases Sustainability Update 2020-21 The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. Lottie S. - Digital Workplace Communications Lead - The Coca-Cola We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Earnings Release Coca-Cola Statistics, Facts, - Market.us (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team . Annual Report. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Sajeesh Manthattil - TI&Sc Manager QSE By Design - The Coca-Cola 2018 Annual Review. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Supply Chain Manager - The Coca-Cola Company - LinkedIn KOF - Integrated Report 2021 - Coca-Cola FEMSA The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Our planet matters. Sustainability Senior Manager - Africa. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. 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. Further, the "Investors" section of the website includes certain supplemental information and a reconciliation of non-GAAP financial measures to the companys results as reported under GAAP, which may be used during the call when discussing financial results. 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. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 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. 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. Plastics The Coca-Cola Company in Boydton, VA Expand search. The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. 2019 Annual Review. Sustainable Agriculture In 2020, built on this by joining the U.S. Plastics Pact to galvanize action beyond the beverage industry to ensure that all plastic packaging gets collected.. Our purpose is to refresh the world and make a difference. %PDF-1.6 % 4761 0 obj <> endobj The Coca-Cola Company Releases First-Ever GRI Report | Press Release We act in ways to create a more sustainable and better shared future. 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.

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coca cola company sustainability report 2020