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. 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.). Home; Our Brands. Annual Report. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. "Our beverages are offered in returnable glass bottles and are 100% recyclable. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 2021 Business, Environmental, Social & Governance | Company Reports 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. 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. Our biggest commitment is to reach carbon neutrality. 2022 The CocaCola Company. 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. 4853 0 obj <>stream 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. Since 2000, our average calories per serving decreased by 9 percent globally. 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. Mar 2021 - Present2 years 1 month. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . 2014 Annual Review. 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. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. People matter. 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%. Responsible to work with FBO, CBO and contract manufacturer/co-packer Operational Heads & QFS managers to implement QFS strategies and policies to protect and enhance The Coca-Cola Company resources, assets, trademarks and corporate . - The health and safety of our associates have always been our priority. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. In 2010, we distributed 2.5 billion PlantBottle packages in 10 major markets, saving more than 60,000 barrels of oil and sequestering the equivalent of nearly 30,000 metric tons of carbon dioxide from our PET plastic bottles. We aim to create a more sustainable and better shared future. TI&Sc Quality and Food Safety Manager. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company KOF - Integrated Report 2021 - Coca-Cola FEMSA Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Financial Results :: The Coca-Cola Company (KO) <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners Sustainability | Coca-Cola But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. . 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. 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. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. 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. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. 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. 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 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. 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.. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 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. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team The Coca-Cola Company. 2018 Annual Review. 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. Globally, we are the No. Water replenishment ratio of 159.9%. Coca-Cola Statistics, Facts, - Market.us Jun 2021 - Present1 year 10 months. The Netherlands and Norway recently became the second and third markets in Western Europe (after Sweden) to transition to 100% rPET for their entire portfolios.. The program impacted more than 1.3 million women in 2019 alone. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. The report highlights progress made on all aspects of business, governance and sustainability during 2020. Sustainability Senior Manager - Africa. 4761 0 obj <> endobj Sustainability | Coca-Cola Nigeria. 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 . By becoming better ourselves, we can help build a stronger, more sustainable future for us all. 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. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Coca-Cola Bangladesh releases maiden Sustainability Highlights report Our purpose is to refresh the world and make a difference. Finance Manager Hungary - The Coca-Cola Company - LinkedIn Volume performance included solid growth in sparkling soft drinks in China and India. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. 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. 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. 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. Back Submit. Sustainability Report 2021 demonstrates the company's progress and . The Coca-Cola System in India releases Sustainability Update 2020-21 PDF GRI SASB TCFD SDGs - The Coca-Cola Company The Coca-Cola Company - Encyclopedia Britannica | Britannica We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. "Unit case volume" means the number of unit cases (or unit case equivalents) of company beverages directly or indirectly sold by the company and its bottling partners to customers or consumers. 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. 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.. %%EOF ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Company Provides 2022 Financial Outlook. This does not include any potential payments related to the ongoing tax litigation with the IRS. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . Our planet matters. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability Explore our Purpose & Vision, History and more. 2020 World Without Waste | Company Reports - The Coca-Cola Company "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Sustainability Report 2021 - gr.coca-colahellenic.com While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. Join to follow The Coca-Cola Company . Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. And, for the first time ever, its entire content is available exclusively online. Sustainable Development Reports | Swire Coca-Cola 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. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. "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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. 2015 Annual Review. 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. Challenging . Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Responsible business | Coca-Cola Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Water replenishment ratio of 159.9%. 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. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. We are striving to make packaging part of the circular economy, Perez said. 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. 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. We use cookies to provide you with a great experience and to help our website run effectively. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. Experienced Policy, Regulatory and Public Affairs practitioner with varied Industry and Association leadership roles, effective communicator, project catalyst and manager and a strong team leader and player proven in mobilising a wide range of stakeholders. 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. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions Coca-Cola Nigeria. ET. 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. To make a difference in people's lives, communities and our planet by doing business the right way. Sustainability :: The Coca-Cola Company (KO) ", 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. 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 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.. 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. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. Brussels, Brussels Region, Belgium. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Aisha Sarwari - Director Public Affairs, Communications and 2020 Integrated Report ; Integrated Annual Report Our purpose is to refresh the world and make a difference. Coca-Cola's Business & ESG Report 2020 CSR Europe 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. Explore our Purpose & Vision, History and more. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The portal for Sustainability Reporting. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. Concentrate sales were 3 points ahead of unit case volume, largely due to two additional days in the quarter and cycling the Brexit-related inventory reduction in the prior year. 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. Coca-Cola Company - statistics & facts | Statista We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Sep 2020 - Apr 20218 months. Coca-Cola Shares Sustainability Progress - News & Articles 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