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. Explore our Purpose & Vision, History and more. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Sustainability | Coca-Cola "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. Coca-Cola HBC has been awarded a gold medal in The Sustainability Yearbook 2021, which ranks company sustainability performance by industry, according to their | 10 comments on LinkedIn Menu. 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. 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. 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 . Back. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. July 2020 The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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 health and safety of our associates have always been our priority. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of 1.7 billion servings a day. The Coca-Cola System in India releases Sustainability Update 2020-21 In 2020, Coca-Cola pledged over Rs.70 million through its COVID-19 response program where it donated test kits to the Ministry of Health, essential packs to communities that needed it the most and conducted disinfection programs in multiple local communities. What Can Hospitals Learn from The Coca-Cola Company? Health Care Sustainable Agriculture Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. hb```6B 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. 2020 Annual Review. 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. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 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 7% for the quarter, as strong growth in sparkling soft drinks in at-home channels along with growth in AHA, fairlife and Powerade Zero was more than offset by a decline in the fountain business. Join to view profile Coca-Cola Beverages Zambia. 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. A track record . The companys sustainability goals are interlinked.. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . 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. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. 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. We committed to include calorie information on the front of nearly all our packages by the end of 2011 and have a physical activity program in 100 countries toward our goal to have one in every country in which we operate by 2015. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results We act in ways to create a more sustainable and better shared future. 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. We aim to create a more sustainable and better shared future. The Coca-Cola Company Releases First-Ever GRI Report | Press Release Note: Certain rows may not add due to rounding. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. 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. The portal for Sustainability Reporting. 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. Since 2000, our average calories per serving decreased by 9 percent globally. Introduction to Sustainability Coursera Issued Nov 2020. . 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. Feb 2021 - Present2 years 2 months. 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. 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. Coca-Cola Nigeria. 1K followers . Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. 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. Coca-Cola Sustainability Strategy - PHDessay.com 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. 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.. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. 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. See more Sustainability report About this report We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . Volume performance included solid growth in sparkling soft drinks in China and India. To make a difference in people's lives, communities and our planet by doing business the right . The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. KOF - Integrated Report 2021 - Coca-Cola FEMSA 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. 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. 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. The Coca Cola Impact Report | Pages | WWF - World Wildlife Fund 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Atlanta, Georgia, United States. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. 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. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. 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. Jun 2021 - Present1 year 10 months. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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. ", Business Environment and Strategic Actions Update. 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. We use cookies to provide you with a great experience and to help our website run effectively. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. 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. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Proxy Statements; Annual Reviews; 2021 Annual Review. Coca-Cola HBC ranked Europe's most sustainable Beverage Company Fiscal Year Ended Dec 31, 2020. Bea Perez, SVP and Chief Communications, Sustainability & Strategic Partnerships Officer, and Lori Billingsley, Chief Diversity & Inclusion Officer, shared a detailed progress report on the companys key sustainability goals and initiatives, which are anchored by its refreshed purpose and closely aligned with its business strategy. View Governance. The company also provided an update on its strategic transformation initiatives. 2017 Annual Review. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. Sustainability Senior Manager - Africa. Coca-Cola Company - statistics & facts | Statista 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. Explore our Purpose & Vision, History and more. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Aisha Sarwari - Director Public Affairs, Communications and This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. The program impacted more than 1.3 million women in 2019 alone. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Comparable currency neutral operating income (non-GAAP) grew 14% for the quarter and was even for the year, driven by effective cost management across operating groups offset by top-line pressure due to the coronavirus pandemic. 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. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca 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. Lagos, Nigeria. In the reconciliation of reported net revenues, "concentrate sales" represents the percent change in net revenues attributable to the increase (decrease) in concentrate sales volume for the geographic operating segments and the Global Ventures operating segment after considering the impact of structural changes. How many drinks does The CocaCola Company sell worldwide each day? Coke and Pepsi eye new sustainability goals after years of - Fortune 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. Brussels, Brussels Region, Belgium. 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.. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . 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. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality.
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