coca cola company sustainability report 2020

Sustainable Agriculture 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. 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. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. 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. 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. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Arijit Mitra - Business Development Director at the Africa Operating We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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 has been refreshing the world and making a difference for over 136 years. 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). ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". 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. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. A strong business leader with a growth mindset with 30 years' experience having managed large businesses at a P&L level, both in India & international markets, and functional roles at Regional and National level in a large multinational environment. My core strength is in Operations and People Leadership and have delivered signature achievements in the multiple business leadership . ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Sep 2020 - Apr 20218 months. 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 aim to create a more sustainable and better shared future. Explore our Purpose & Vision, History and more. 2020 Integrated Report ; Integrated Annual Report Annual Reviews. - The health and safety of our associates have always been our priority. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 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. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. Finance Manager Hungary. 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 HBC AG is committed to making its entire value chain carbon neutral by 2040. Atlanta, Georgia, United States. 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. 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. PDF GRI SASB TCFD SDGs - The Coca-Cola Company 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. "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. 2022 The CocaCola Company. The Coca Cola Impact Report | Pages | WWF - World Wildlife Fund it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. 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. Mar 2021 - Present2 years 1 month. 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. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Coca-Cola's Business & ESG Report 2020 CSR Europe Sustainability | Coca-Cola Europacific Partners But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Concentrate sales were 3 points ahead of unit case volume, primarily due to two additional days in the quarter (a 2-point benefit) and cycling the Brexit-related inventory reduction in the prior year. The companys sustainability goals are interlinked.. Coca-Cola cleans up record on water usage | Reuters Events 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 . CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Sustainable Development Reports | Swire Coca-Cola Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions To make a difference in people's lives, communities and our planet by doing business the right way. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Boosting PET recycling rates in Kenya from 5% in 2018 to 35% in 2019 via industry efforts to support the PETCO recycling model developed in South Africa. We act in ways to create a more sustainable and better shared future. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 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. To make a difference in people's lives, communities and our planet by doing business the right way. 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. Coke and Pepsi eye new sustainability goals after years of - Fortune Explore our Purpose & Vision, History and more. All rights reserved. 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 . Only through a comprehensive approach can we make transformational and enduring change. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. Menu. This report is the company's maiden sustainability performance disclosure, highlighting the impact the company has created in the community along with the key sustainability initiatives across the value chain, according to a press release. 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. 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. 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.. endstream endobj startxref hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Michael Goltzman - Vice President, Global Policy - LinkedIn We are striving to make packaging part of the circular economy, Perez said. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. 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. Our goal is to create closed loop systems, extracting the maximum value from materials and products while in use, and then recovering and recycling them.. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. Coca-Cola in Sri Lanka releases maiden Sustainability Report 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.. July 2020 Coca-Cola Sustainability Strategy - PHDessay.com 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. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. All rights reserved. Brussels, Brussels Region, Belgium. 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. Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Sustainability Report for 2020 - cch Hungary Sustainability Report 2021 demonstrates the company's progress and . By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. 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 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Christine Yeager - Director, PMO Sustainability - The Coca-Cola Company Sustainability Senior Manager - Africa. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Introduction to Sustainability Coursera Issued Nov 2020. Join to view profile Coca-Cola Beverages Zambia. And, for the first time ever, its entire content is available exclusively online. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . She has exemplary communication, leadership, innovative and collaborative skills . Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Careers; . Coca-Cola Company - statistics & facts | Statista The unavailable information could have a significant impact on our full year 2021 reported financial results. The portal for Sustainability Reporting. Challenging . Annual Reviews :: The Coca-Cola Company (KO) Coca-Cola Statistics, Facts, - Market.us . 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. To make a difference in people's lives, communities and our planet by doing business the right . Our sustainability strategy guides how we support and engage the remarkable people behind our brands, from farmers and employees to the communities we call home, and delivers on our commitments to safeguard the health of the environment. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. 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. Coca-Cola Amatil Limited, together with its subsidiaries, manufactures, distributes, and markets non-alcoholic ready-to-drink beverages primarily in Australia, New Zealand, Indonesia, Papua New Guinea, and Fiji. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. 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 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. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. 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. Enquiries . Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 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.. CocaCola . Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 2013 Annual Review . 0 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. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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.