coca cola company sustainability report 2020 coca cola company sustainability report 2020

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. 2022 The CocaCola Company. 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. | Learn more about Oluwatobiloba Kajero's work experience, education . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Sustainability Report 2021 demonstrates the company's progress and . I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Community hygiene programs have continued during the pandemic in countries such as Uganda, where Coca-Cola Beverages Africa helped distribute 5,000 hand-washing stations. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. When expanded it provides a list of search options that will switch the search inputs . The. . 102-54 Claims of reporting in accordance with the GRI . Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. Similar programs launched in Ethiopia and Tanzania. 1K followers . The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. 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. Join to view profile Coca-Cola Beverages Zambia. Further, the "Investors" section of the website includes certain supplemental information and a reconciliation of non-GAAP financial measures to the companys results as reported under GAAP, which may be used during the call when discussing financial results. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. Annual Reviews. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company To make a difference in people's lives, communities and our planet by doing business the right way. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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. 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. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. 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. 2022 The CocaCola Company. 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. Introduction to Sustainability Coursera Issued Nov 2020. 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. 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. Explore our Purpose & Vision, History and more. Jun 2021 - Present1 year 10 months. 2018 Annual Review. Explore our Purpose & Vision, History and more. 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. Skilled in Corporate Social Responsibility, Public Policy . Reformulating nearly 1,000 beverages from 2017 to 2019. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. ET. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. 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. 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.. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. 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. To make a difference in people's lives, communities and our planet by doing business the right way. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. 1 Coca-Cola's work toward its "drink in your hand" goal reduced its relative carbon emissions by 25% by 2020, against a 2010 baseline. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Finance Manager Hungary. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. 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. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Challenging . We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. Operating Review Year Ended December 31, 2020. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. 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%. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. - 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. Explore our Purpose & Vision, History and more. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. 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. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. 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. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. 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. 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 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. Annual Report. "Unit case" means a unit of measurement equal to 192 U.S. fluid ounces of finished beverage (24 eight-ounce servings), with the exception of unit case equivalents for Costa non-ready-to-drink beverage products which are primarily measured in number of transactions. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. 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. Therefore, the percent change is not meaningful. . Join to follow The Coca-Cola Company . This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. However, for readers to have more up-to-date information, we have also included highlights of COVID-19 related humanitarian relief measures that were implemented in 2021. Filings & Reports . All volume percentage changes are computed based on average daily sales for the fourth quarter, unless otherwise noted, and are computed on a reported basis for the full year. 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. This year's report also received verification by a third party agency, indicating the agency's approval of tracking systems, resulting in an overall B+ grade. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 2014 Annual Review. How many drinks does The CocaCola Company sell worldwide each day? Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. The company also provided an update on its strategic transformation initiatives. - 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. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) 2020 Annual Review. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. All rights reserved. For the Bottling Investments operating segment for the fourth quarter, 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. 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. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. 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.<br><br>My core strength is in Operations and People Leadership and have delivered signature achievements in the multiple business leadership . Atlanta, Georgia, United States. 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. Apr 2021 - Dec 20221 year 9 months. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. We also exceeded our goal of installing 150,000 hydrofluorocarbon (HFC)-free coolers in 2010, for a cumulative total of 277,000 such units by the end of that year.Additionally, we increased that total to 500,000 by the end of 2011. The unavailable information could have a significant impact on our full year 2021 reported financial results. 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. She has exemplary communication, leadership, innovative and collaborative skills . Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Water replenishment ratio of 159.9%. 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 . 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. Water replenishment ratio of 159.9%. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. We are striving to make packaging part of the circular economy, Perez said. Our purpose is to refresh the world and make a difference. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Coca-Cola HBC AG . 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. For both the quarter and the full year, the decline was primarily due to pressure in the fountain business in North America and away-from-home channels in Western Europe due to the coronavirus pandemic. - The health and safety of our associates have always been our priority. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. This does not include any potential payments related to the ongoing tax litigation with the IRS. The organization is on a path to emerge stronger and is positioned for long-term success. Since 2012, this work has added up to more than 1.5 trillion liters of freshwater returned to the environment and communities., Delivering an 18% improvement in water use efficiency in operations since 2010.. Writing a Marketing Plan . The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy.