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 aim to create a more sustainable and better shared future. To make a difference in people's lives, communities and our planet by doing business the right way. Water replenishment ratio of 159.9%. Learn all about our sustainability initiatives. All rights reserved. "Our beverages are offered in returnable glass bottles and are 100% recyclable. When expanded it provides a list of search options that will switch the search inputs . 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. 1K followers . 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. July 2020 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. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Sep 2020 - Apr 20218 months. Budapest, Hungary. The Coca-Cola Company in Boydton, VA Expand search. 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. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. Back. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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. 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. Annual Reviews. 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. In addition to the data in the preceding tables, operating results included the following: The 2021 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance. 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. 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. 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. 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. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Zug, Switzerland - 1 February 2022 - Coca-Cola HBC has again been rated Europe's most sustainable beverage company, and for the 11 th consecutive year has been ranked among the top three beverage industry performers globally.. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site Report. 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. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Menu. Annual Report. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Our planet matters. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. 2022 The CocaCola Company. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Lusaka, Zambia Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. 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 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. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 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). Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Our biggest commitment is to reach carbon neutrality. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. View Governance. Our purpose is to refresh the world and make a difference. 2019 Annual Review. 2020 Integrated Report ; Integrated Annual Report 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. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . 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. Financing Agreements; In August, Coca-Cola Beverages Philippines announced an investment of US$22 million in its operations to support its expansion projects and maintain its labor forces. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. Volume performance included solid growth in sparkling soft drinks in China and India. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. We act in ways to create a more sustainable and better shared future. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. 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 2022 The CocaCola Company. Skilled in Corporate Social Responsibility, Public Policy . The program impacted more than 1.3 million women in 2019 alone. 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. 2015 Annual Review. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. Concentrate sales were 1 point ahead of unit case volume, driven by two additional days in the quarter partially offset by the timing of shipments. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Challenging . Reformulating nearly 1,000 beverages from 2017 to 2019. 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. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. "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. Explore our Purpose & Vision, History and more. 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. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. 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 act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. Globally, we are the No. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. Filings & Reports . We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Report this profile Report Report. Global Unit Case Volume Declined 3% for the Quarter and 6% for the Full Year, Net Revenues Declined 5% for the Quarter and 11% for the Full Year; Organic Revenues (Non-GAAP) Declined 3% for the Quarter and 9% for the Full Year, Operating Income Grew 8% for the Quarter and Declined 11% for the Full Year; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% for the Quarter and Was Even for the Full Year, Fourth Quarter EPS Declined 29% to $0.34, and Comparable EPS (Non-GAAP) Grew 6% to $0.47; Full Year EPS Declined 13% to $1.79, and Comparable EPS (Non-GAAP) Declined 8% to $1.95, Cash from Operations Was $9.8 Billion for the Full Year, Down 6%; Full Year Free Cash Flow (Non-GAAP) Was $8.7 Billion, Up 3%. 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. 2018 Annual Review. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . I actively engage with stakeholders to strengthen The Coca-Cola Company's impact and deliver value to the business across Texas and other centrally located states in the U.S. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. 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. 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. This multi-year effort includes addressing internal policies; supporting inclusive legislation (such as the hate-crime bill in Georgia, which was signed into law); committing to spending at least $500 million with Black-owned businesses in the U.S. over the next five years; and awarded $1 million to The Equal Justice Initiative to support communities marginalized by poverty and discouraged by unequal treatment. For the fiscal year ending on Decembr 31 each year, presented to the Mexican Stock Exchange Download report Check report history GREEN BOND REPORT 2021 Our green bond reports on the green bond issued September 2020. Company Provides 2022 Financial Outlook. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. 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. 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. - 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. Home; Our Brands. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Finance Manager Hungary. 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. Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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.). The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. 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. <br><br>After finishing . Only through a comprehensive approach can we make transformational and enduring change. 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. The unavailable information could have a significant impact on our full year 2021 reported financial results. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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 . 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. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. This does not include any potential payments related to the ongoing tax litigation with the IRS. 578 followers 347 connections. Experienced FMCG Supply Chain professional. 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.. "Concentrate sales" represents the amount of concentrates, syrups, beverage bases, source waters and powders/minerals (in all instances expressed in equivalent unit cases) sold by, or used in finished beverages sold by, the company to its bottling partners or other customers. 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. Therefore, the percent change is not meaningful. 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. 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. 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. We exceeded our goal to give back at least 1 percent of our operating income to communities worldwide through TheCoca-ColaCompany and TheCoca-ColaFoundation in 2010 by giving $102 million. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. 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 . Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. And we will do all of this while maintaining a 100% or more global water replenishment rate.. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. 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. 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+." As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. 2016 Annual Review. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Operating Review Year Ended December 31, 2020. 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.. To make a difference in people's lives, communities and our planet by doing business the right . 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. 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, 2020 World Without Waste Report (June 2021), p. 5. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. 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. 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. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. To make a difference in people's lives, communities and our planet by doing business the right way. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. - The health and safety of our associates have always been our priority. How many drinks does The CocaCola Company sell worldwide each day? Proxy Statements; Annual Reviews; 2021 Annual Review. Juice, dairy and plant-based beverages declined 2% for the quarter and 9% for the year, as solid performance by Simply and fairlife in North America was more than offset by a decline in Minute Maid in the fountain business. Our purpose is to refresh the world and make a difference. 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. Since 2000, our average calories per serving decreased by 9 percent globally. Operating Review Three Months Ended December 31, 2020. 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. About . But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Therefore, the percent change is not meaningful. 2014 Annual Review. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. 4761 0 obj
<>
endobj
Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. ET. Livingstone University. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. The company also provided an update on its strategic transformation initiatives. 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. Similar programs launched in Ethiopia and Tanzania. 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. Gurugram, Haryana, India. This was partially offset by growth in China, Brazil and Nigeria. People matter. 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. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system employees.For more information, visitwww.coca-colacompany.com, follow us on Twitter attwitter.com/CocaColaCo, or find us on LinkedIn atwww.linkedin.com/company/the-coca-cola-company., Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection, www.linkedin.com/company/the-coca-cola-company. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. 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.
Bryan Traubert Net Worth,
Ozarka Tds Level,
What Does The Excerpt Suggest About Federalists,
Bailey Park Ii Mifflinville Pa,
Peter Scott Obituary New Brunswick,
Articles C