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 . - Foundation, Anandana, has set up 300+ water replenishment structures with a potential of replenishing 14 billion liters of water which has further benefitted more than 1 Million community members. "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. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. 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. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. ET. CocaCola . it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. 0 Mar 2021 - Present2 years 1 month. Similar programs launched in Ethiopia and Tanzania. Explore our Purpose & Vision, History and more. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. 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. Earnings Release The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. Sustainable Agriculture 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. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. 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. 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. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Concentrate sales were 4 points ahead of unit case volume, driven by two additional days in the quarter and cycling the timing of shipments in Brazil in the prior year. 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. 102-54 Claims of reporting in accordance with the GRI . 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. Volume performance included solid growth in sparkling soft drinks in China and India. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. 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. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 ", 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. 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. 2022 The CocaCola Company. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. Feb 2021 - Present2 years 2 months. 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. In 2020, built on this by joining the U.S. Plastics Pact to galvanize action beyond the beverage industry to ensure that all plastic packaging gets collected.. Atlanta, Georgia, United States. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The Coca-Cola Company. 1K followers . 4761 0 obj <> endobj Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. 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. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site The first quarter has five additional days compared to first quarter 2020. 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+." Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . 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. 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. Sustainability Senior Manager - Africa. 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. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. "Our beverages are offered in returnable glass bottles and are 100% recyclable. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. hb```6B Finance Manager Hungary. We act in ways to create a more sustainable and better shared future. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . 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. Filings & Reports . eaha@LlQx6. 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. 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. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. Therefore, the percent change is not meaningful. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. 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 Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. "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. 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. 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. %PDF-1.6 % All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Lusaka, Zambia Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. All rights reserved. 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. Email Alerts. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 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. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. At the end of 2020 we announced our ambition to reach net zero greenhouse gas emissions across our entire value chain in Europe by 2040. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. The company continues to strengthen risk assessments and streamline supplier engagement processes. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. "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. The program impacted more than 1.3 million women in 2019 alone. 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. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. About . I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . 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. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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. 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.. 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 . Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 11K followers 500+ connections. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . 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. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". Coca-Cola HBC AG . Water replenishment ratio of 159.9%. 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. Writing a Marketing Plan . The Coca-Cola Company in Boydton, VA Expand search. A track record . Jun 2021 - Present1 year 10 months. 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. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. endstream endobj startxref | Learn more about Oluwatobiloba Kajero's work experience, education . 2015 Annual Review. 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. Experienced FMCG Supply Chain professional. Juice, dairy and plant-based beverages declined 2% for the quarter and 9% for the year, as solid performance by Simply and fairlife in North America was more than offset by a decline in Minute Maid in the fountain business. Operating Review Year Ended December 31, 2020. 2016 Annual Review. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. 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. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. 2021 Integrated Report; Integrated Annual Report 2020. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. How many drinks does The CocaCola Company sell worldwide each day? The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. 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. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. To make a difference in people's lives, communities and our planet by doing business the right way. This was partially offset by growth in China, Brazil and Nigeria. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany - The health and safety of our associates have always been our priority. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 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. Our purpose is to refresh the world and make a difference. Join to follow The Coca-Cola Company . 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. Livingstone University. 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. 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. 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. 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. People matter. 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 . More than 20% of the companys global portfolio is in refillable or fountain packaging. 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 $2bn into its water stewardship goals. Boosting PET recycling rates in Kenya from 5% in 2018 to 35% in 2019 via industry efforts to support the PETCO recycling model developed in South Africa. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) Introduction to Sustainability Coursera Issued Nov 2020. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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 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%. 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.. 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. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. Our purpose is to refresh the world and make a difference. 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 Nigeria. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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 Coca-Cola Company has been refreshing the world and making a difference for over 136 years. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Join to view profile Coca-Cola Beverages Zambia. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. And we will do all of this while maintaining a 100% or more global water replenishment rate.. 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.. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. We use cookies to provide you with a great experience and to help our website run effectively. We aim to create a more sustainable and better shared future. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 4853 0 obj <>stream happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International.
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