The companys sustainability goals are interlinked.. 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. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Annual Reviews. As a result, the company has reinstated guidance and is providing its 2021 outlook. 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. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. The company also provided an update on its strategic transformation initiatives. 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. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. In 2010, we distributed 2.5 billion PlantBottle packages in 10 major markets, saving more than 60,000 barrels of oil and sequestering the equivalent of nearly 30,000 metric tons of carbon dioxide from our PET plastic bottles. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. Budapest, Hungary. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . 2013 Annual Review . Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Our purpose is to refresh the world and make a difference. This efficient use of input materials help in more than doubling the fruit produce. All rights reserved. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . 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. Coca-Cola's brand value from 2006 to 2022 (in billion U.S. dollars) Most sustainable consumer goods companies in the United States in 2020 Most sustainable consumer goods companies in the. TI&Sc Quality and Food Safety Manager. Explore our Purpose & Vision, History and more. 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. Join to follow The Coca-Cola Company . Download report Check report history Finance Manager Hungary. Coca-Cola is committing to sharing diversity, equity and inclusion metrics with senior leaders each quarter, and disclosing results to investors and stakeholders on a regular basis. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. 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. People matter. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. 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. Company Provides 2022 Financial Outlook. 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. "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. 2020 Integrated Report ; Integrated Annual Report Coca-Cola Nigeria. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. | Learn more about Oluwatobiloba Kajero's work experience, education . Jun 2021 - Present1 year 10 months. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team Sustainable Agriculture Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. 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. 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. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. 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. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The Coca-Cola Company in Boydton, VA Expand search. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. In 2010, we improved our water use efficiency for the eighth consecutive year, reducing the average amount of water required to produce each beverage serving. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Similar programs launched in Ethiopia and Tanzania. "Our beverages are offered in returnable glass bottles and are 100% recyclable. 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. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Sep 2020 - Apr 20218 months. "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. 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. Only through a comprehensive approach can we make transformational and enduring change. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. 2016 Annual Review. Ambitious goals for sustainable business operations have not been forgotten. 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. 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 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 . The company continues to strengthen risk assessments and streamline supplier engagement processes. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. Therefore, the percent change is not meaningful. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. "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. 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. 2015 Annual Review. The report highlights progress made on all aspects of business, governance and sustainability during 2020.
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. 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. 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). Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Back Submit. %PDF-1.6
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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. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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 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. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. Our planet matters. While near-term uncertainty remains, we are well-positioned to emerge stronger from the crisis, driven by our purpose and our beverages for life ambition. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Since 2000, our average calories per serving decreased by 9 percent globally. 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. hb```6B - Foundation, Anandana, has set up 300+ water replenishment structures with a potential of replenishing 14 billion liters of water which has further benefitted more than 1 Million community members. July 2020 The organization is on a path to emerge stronger and is positioned for long-term success. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. 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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. Learn all about our sustainability initiatives. The unavailable information could have a significant impact on our full year 2021 reported financial results. 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. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. The Coca-Cola Company 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. Lusaka, Zambia The first quarter has five additional days compared to first quarter 2020. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. 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. We act in ways to create a more sustainable and better shared future. 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). But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. . 2021 Integrated Report; Integrated Annual Report 2020. 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. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Lagos, Nigeria. Our purpose is to refresh the world and make a difference. 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. Gurugram, Haryana, India. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site 102-54 Claims of reporting in accordance with the GRI . 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. 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. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. Join to follow The Coca-Cola Company . 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. 2014 Annual Review. Experienced FMCG Supply Chain professional. 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 . Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 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). Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company 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. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. 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. 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+." Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Our biggest commitment is to reach carbon neutrality. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . 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.. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. And, for the first time ever, its entire content is available exclusively online. Brussels, Brussels Region, Belgium. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. This button displays the currently selected search type. Explore our Purpose & Vision, History and more. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Operating Review Three Months Ended December 31, 2020. Feb 2021 - Present2 years 2 months. 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. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 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. Sustainability Senior Manager - Africa. 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.). Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Mar 2021 - Present2 years 1 month. ET. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. ",Ae)` Rv=D3012=J@g,@ GI
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. The program impacted more than 1.3 million women in 2019 alone. 2022 The CocaCola Company. 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. 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 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. 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. View Governance. 2019 Annual Review. The Coca-Cola Company. We act in ways to create a more sustainable and better shared future. 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. 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. Coca-Cola HBC AG . Our planet matters. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. 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. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". 4800 0 obj
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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. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. eaha@LlQx6. 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. 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. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. Fiscal Year Ended Dec 31, 2020. Join to view profile Coca-Cola Beverages Zambia. Home; Our Brands. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. 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 . Reformulating nearly 1,000 beverages from 2017 to 2019. 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 operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. We act in ways to create a more sustainable and better shared future. 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. See more Sustainability report About this report According to a recent audit, the industry surpassed this target ahead of schedule (14.6% reduction between 2015 and 2019)., Growing Coca-Cola Zero Sugar volume double digits in North America for the third consecutive year in 2019, while continuing to post double-digit growth of mini can sales., Rolling out 100% recycled PET (rPET) plastic packaging in 18 markets and counting. 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. While volume trends have broadly remained resilient amidst the continuing uncertainty surrounding the coronavirus pandemic, the company experienced incremental pressure in December and into the early part of this year due to a resurgence of the coronavirus in many parts of the world. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. When expanded it provides a list of search options that will switch the search inputs . Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." May 2020 - Jun 2022 2 years 2 months. Careers; . ", Business Environment and Strategic Actions Update. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. The Netherlands and Norway recently became the second and third markets in Western Europe (after Sweden) to transition to 100% rPET for their entire portfolios.. We aim to create a more sustainable and better shared future. 4761 0 obj
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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 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.