coca cola company sustainability report 2020

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. Join to view profile Coca-Cola Beverages Zambia. To make a difference in people's lives, communities and our planet by doing business the right way. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. Sustainability Senior Manager - Africa. All rights reserved. Coca-Cola Statistics, Facts, - Market.us We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. 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. Jun 2021 - Present1 year 10 months. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. This button displays the currently selected search type. Explore our Purpose & Vision, History and more. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. The company continues to strengthen risk assessments and streamline supplier engagement processes. To make a difference in people's lives, communities and our planet by doing business the right . 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. Finance Manager Hungary - The Coca-Cola Company - LinkedIn Organic revenues (non-GAAP) declined 17%. May 2020 - Jun 2022 2 years 2 months. Annual Report. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. 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 . Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. "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. endstream endobj startxref 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. 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. The unavailable information could have a significant impact on our full year 2021 reported financial results. 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. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. This was partially offset by growth in China, Brazil and Nigeria. Aisha Sarwari - Director Public Affairs, Communications and As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. 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. - 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. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. 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. 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 . 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. We act in ways to create a more sustainable and better shared future. 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. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. . 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. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 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. 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. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 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. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. We continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. What Can Hospitals Learn from The Coca-Cola Company? Health Care Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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 Coca-Cola Company - Encyclopedia Britannica | Britannica 2022 The CocaCola Company. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. 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. 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. And, for the first time ever, its entire content is available exclusively online. Michael Goltzman - Vice President, Global Policy - LinkedIn Supply Chain Manager - The Coca-Cola Company - LinkedIn 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.. We are striving to make packaging part of the circular economy, Perez said. 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. 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. Arijit Mitra - Business Development Director at the Africa Operating 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 . But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. 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. 4761 0 obj <> endobj 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. PDF Coca-Cola HBC Publishes 2020 Integrated Annual Report <br><br>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 . Coca-Cola Europacific Partners - Sustainability-Reports.com Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 102-54 Claims of reporting in accordance with the GRI . Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. 2022 The CocaCola Company. Since 2000, our average calories per serving decreased by 9 percent globally. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. 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. 2015 Annual Review. 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. 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. 2014 Annual Review. Introduction to Sustainability Coursera Issued Nov 2020. Explore our Purpose & Vision, History and more. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca Join to follow The Coca-Cola 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. Operating Review Year Ended December 31, 2020. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Annual Reviews :: The Coca-Cola Company (KO) CocaCola . 2020 World Without Waste | Company Reports - The Coca-Cola Company Ambitious goals for sustainable business operations have not been forgotten. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. 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). Atlanta, Georgia, United States. 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. TI&Sc Quality and Food Safety Manager. 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. Join to follow The Coca-Cola Company . Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. <br> 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. Explore our Purpose & Vision, History and more. Our planet matters. 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. Our purpose is to refresh the world and make a difference. 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.