4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. 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 has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 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. 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. Unit case volume declined 4% for the quarter, primarily due to adverse weather in Southeast Asia along with coronavirus-related pressure in away-from-home channels in most markets in the region. 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. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . 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.. 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. 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.. 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. <br> ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. TI&Sc Quality and Food Safety Manager. We act in ways to create a more sustainable and better shared future. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. People matter. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. Company Provides 2022 Financial Outlook. endstream endobj startxref Livingstone University. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. 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. 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 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. View Governance. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. Mar 2021 - Present2 years 1 month. 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'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. 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 . Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. This was partially offset by growth in China, Brazil and Nigeria. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. 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. Lusaka, Zambia 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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 ",Ae)` Rv=D3012=J@g,@ GI 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. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. | Learn more about Oluwatobiloba Kajero's work experience, education . 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. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 2013 Annual Review . Lagos, Nigeria. 0 While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. "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 Nigeria. 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 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. 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.. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Comparable EPS (non-GAAP) is expected to include an approximate 2% currency headwind based on the current rates and including the impact of hedged positions. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. 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. According to a recent audit, the industry surpassed this target ahead of schedule (14.6% reduction between 2015 and 2019)., Growing Coca-Cola Zero Sugar volume double digits in North America for the third consecutive year in 2019, while continuing to post double-digit growth of mini can sales., Rolling out 100% recycled PET (rPET) plastic packaging in 18 markets and counting. July 2020 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. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. Explore our Purpose & Vision, History and more. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. 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. 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 . Explore our Purpose & Vision, History and more. The organization is on a path to emerge stronger and is positioned for long-term success. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Our purpose is to refresh the world and make a difference. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. Finance Manager Hungary. 1 For Bottling Investments, 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. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. 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. Experienced FMCG Supply Chain professional. Writing a Marketing Plan . 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. 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. 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. 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. Developing a touch-less option for Coca-Cola Freestyle machines in the U.S., allowing consumers to select and pour drinks them via smartphone all without touching the machines screen. 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. Plastics In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Additionally, the company is constantly reducing the use of . Our planet matters. %%EOF Operating income declined 2% in the quarter, which included a 3-point currency tailwind. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. 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. <br><br>After finishing . 2014 Annual Review. Annual Report. 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 . Fiscal Year Ended Dec 31, 2020. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Download report Check report history Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. 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. 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. The company is hosting a conference call with investors and analysts to discuss fourth quarter and full year 2020 operating results today, Feb. 10, 2021, at 8:30 a.m. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Atlanta, Georgia, United States. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Sustainable Agriculture Skilled in Corporate Social Responsibility, Public Policy . pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. 2022 The CocaCola Company. 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. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. To make a difference in people's lives, communities and our planet by doing business the right way. 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 Our planet matters. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. 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. 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 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. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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. The company expects to deliver free cash flow (non-GAAP) of at least $8.5 billion through cash flow from operations of at least $10.0 billion and capital expenditures of approximately $1.5 billion. 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. 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. Gurugram, Haryana, India. 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. May 2020 - Jun 2022 2 years 2 months. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 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. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. The program impacted more than 1.3 million women in 2019 alone. 2017 Annual Review. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. hb```6B "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. 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. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. Short-Term Experience as Commercialization Manager. Jun 2021 - Present1 year 10 months. 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. 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. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Challenging . This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Water replenishment ratio of 159.9%. We act in ways to create a more sustainable and better shared future. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Join to follow The Coca-Cola Company . Fruit Circular Economy starts with the Unnati program, which is farm-level productivity enhancement by creating a belief among farmers in using Ultra-high to high density fruit plantation coupled with modern Package of Practices (POP). 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. 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. Our purpose is to refresh the world and make a difference. %PDF-1.6 % Oluwatobiloba is an experienced professional skilled in managing and monitoring market trends, driving strategic brand development and executing campaigns and ensuring marketing activities ultimately drive profitable business growth. 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. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Our purpose is to refresh the world and make a difference. She has exemplary communication, leadership, innovative and collaborative skills . The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. Operating Review Three Months Ended December 31, 2020. For Costa non-ready-to-drink beverage products, "concentrate sales" represents the amount of coffee beans and finished beverages (in all instances expressed in equivalent unit cases) sold by the company to customers or consumers. Volume performance included solid growth in sparkling soft drinks in China and India. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 2020 Annual Review. When expanded it provides a list of search options that will switch the search inputs . And we will do all of this while maintaining a 100% or more global water replenishment rate.. 2019 Annual Review. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. 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. 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. 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. <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 . The Coca-Cola Company in Boydton, VA Expand search. 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. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. 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. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Budapest, Hungary. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. 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 . The global initiative launched in 2018 focuses on designing, collecting and partnering.