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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. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. 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. Explore our Purpose & Vision, History and more. May 2020 - Jun 2022 2 years 2 months. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. 102-53 Contact point for questions regarding the report Please visit our Contact Us webpage, email us or call 1-800-GET-COKE (U.S. only). 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. 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. Globally, we are the No. 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. Developing supply chain management principles to support suppliers through COVID-19 disruptions and uphold food quality, social and environmental standards., Advancing Black representation in leadership roles by boosting investment in leader training and internal pipeline development., Updating recruiting and hiring strategies to deploy tools that assess job postings for bias language, and refreshing interview guides with more inclusive messaging and ensuring all interview panels and slates are diverse.. Writing a Marketing Plan . Mar 2021 - Present2 years 1 month. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. The organization is on a path to emerge stronger and is positioned for long-term success. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. 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. 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. Lagos, Nigeria. The program impacted more than 1.3 million women in 2019 alone. 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. 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.). 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. Explore our Purpose & Vision, History and more. To make a difference in people's lives, communities and our planet by doing business the right . Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." 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. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. 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. 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. 0
<br> 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. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. People matter. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Increasing total sales globally in 2018 and 2019, while reducing added sugar. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 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. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. 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. We aim to create a more sustainable and better shared future. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Explore our Purpose & Vision, History and more. Download report Check report history 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. 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. Join to follow The Coca-Cola Company . Learn all about our sustainability initiatives. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 102-54 Claims of reporting in accordance with the GRI . 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. Ambitious goals for sustainable business operations have not been forgotten. During my studies I have completed a lot of projects (in and out of the lab) working with other people and developed my skills in solving different problems. To make a difference in people's lives, communities and our planet by doing business the right way. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. . Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. 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.. 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. 2022 The CocaCola Company. 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. Brussels, Brussels Region, Belgium. 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. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. ET. 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. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany 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+." 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. The Coca-Cola Company. <br><br>After finishing . 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. 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. 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. | Learn more about Oluwatobiloba Kajero's work experience, education . About . Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . All rights reserved. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. "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. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. 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). Explore our Purpose & Vision, History and more. Livingstone University. Sustainability Senior Manager - Africa. "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. 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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Our purpose is to refresh the world and make a difference. The report highlights progress made on all aspects of business, governance and sustainability during 2020. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. Plastics Annual Report. The company also provided an update on its strategic transformation initiatives. - 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. Coca-Cola HBC AG . 2018 Annual Review. ", TheCoca-ColaCompany 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. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. 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. 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 Our purpose is to refresh the world and make a difference. 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. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. "In 2020, employees from across The Coca-Cola Company and its bottling system worked tirelessly to learn and adapt amidst a global crisis," said James Quincey, chairman and CEO of The Coca-Cola Company. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Our biggest commitment is to reach carbon neutrality. 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). 4761 0 obj
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Organic revenues (non-GAAP) declined 17%. 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. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. . Since 2000, our average calories per serving decreased by 9 percent globally. Challenging . 2020 Integrated Report ; Integrated Annual Report 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. 2021 Integrated Report; Integrated Annual Report 2020. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. This efficient use of input materials help in more than doubling the fruit produce. 11K followers 500+ connections. Our purpose is to refresh the world and make a difference. We act in ways to create a more sustainable and better shared future. 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. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability.