coca cola company sustainability report 2020

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. The Coca-Cola Company in Boydton, VA Expand search. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. 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. 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. Ambitious goals for sustainable business operations have not been forgotten. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. Learn all about our sustainability initiatives. Our purpose is to refresh the world and make a difference. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. 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. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. 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 The first quarter has five additional days compared to first quarter 2020. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. This button displays the currently selected search type. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. 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. Explore our Purpose & Vision, History and more. 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. 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. Coke and Pepsi eye new sustainability goals after years of - Fortune The Coca-Cola Company. 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. 2017 Annual Review. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. Explore our Purpose & Vision, History and more. Challenging . Join to follow The Coca-Cola Company . We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. ", Business Environment and Strategic Actions Update. 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. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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 . Coca-Cola HBC on LinkedIn: #esg #sustainability #2021spglobalyearbook # The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. We use cookies to provide you with a great experience and to help our website run effectively. 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. . 2022 The CocaCola Company. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Email Alerts. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. Coca-Cola Amatil Ltd - ResponsibilityReports.com Human Rights | Coca-Cola European Partners - Coca-Cola Europacific Partners 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. Operating Review Three Months Ended December 31, 2020. Sustainability Report for 2020 - cch Hungary In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 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.. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. 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. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. 2022 The CocaCola Company. 4761 0 obj <> endobj 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. 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. Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. The Coca-Cola Company Releases First-Ever GRI Report | Press Release COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom | Learn more about Oluwatobiloba Kajero's work experience, education . 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. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. Water replenishment ratio of 159.9%. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 Increasing total sales globally in 2018 and 2019, while reducing added sugar. hb```6B Our purpose is to refresh the world and make a difference. KOF - Integrated Report 2021 - Coca-Cola FEMSA 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. 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. The global initiative launched in 2018 focuses on designing, collecting and partnering. . 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. 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%. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. The unavailable information could have a significant impact on our full year 2021 reported financial results. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Finance Manager Hungary. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. To make a difference in people's lives, communities and our planet by doing business the right way. 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. 102-54 Claims of reporting in accordance with the GRI . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. <br><br>After finishing . 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. Writing a Marketing Plan . Christine Yeager - Director, PMO Sustainability - The Coca-Cola Company Unit case volume declined 4% for the quarter, primarily due to coronavirus-related pressure in away-from-home channels in Europe and South Africa, partially offset by growth in Western Africa and Turkey. Short-Term Experience as Commercialization Manager. For the year, the company lost value share in total NARTD beverages, primarily due to share losses across most category clusters, partially offset by a share gain in sparkling soft drinks. 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. This was partially offset by growth in China, Brazil and Nigeria. 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. People matter. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Our biggest commitment is to reach carbon neutrality. To make a difference in people's lives, communities and our planet by doing business the right way. In 2020, Coca-Cola pledged over Rs.70 million through its COVID-19 response program where it donated test kits to the Ministry of Health, essential packs to communities that needed it the most and conducted disinfection programs in multiple local communities. Lizzie Munsanje - Communications & Sustainability Specialist - Coca 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. Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn "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. 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. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Coca-Cola Reports Fourth Quarter and Full Year 2020 Results 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). 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. 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. Osita Abana, MPA - Global Sustainability, Public Policy The company continues to strengthen risk assessments and streamline supplier engagement processes. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. A track record . eaha@LlQx6. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. 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 create a more sustainable and better shared future. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. When expanded it provides a list of search options that will switch the search inputs . Annual Report. The company also provided an update on its strategic transformation initiatives. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Livingstone University. Coca-Cola Sustainability Strategy - PHDessay.com In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. View Governance. 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. 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. Atlanta, Georgia, United States. The Coca Cola Impact Report | Pages | WWF - World Wildlife Fund For comparable net revenues (non-GAAP), the company expects a 2% to 3% currency tailwind based on the current rates and including the impact of hedged positions. Strategy :: The Coca-Cola Company (KO) 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. 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. 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.. 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. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. 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.. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Reformulating nearly 1,000 beverages from 2017 to 2019. 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 Statistics, Facts, - Market.us 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.. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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. Experienced FMCG Supply Chain professional. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects.