Writing a Marketing Plan . 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 are striving to make packaging part of the circular economy, Perez said. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . 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. May 2020 - Jun 2022 2 years 2 months. Only through a comprehensive approach can we make transformational and enduring change. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Lusaka, Zambia Budapest, Hungary. 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. 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. 2022 The CocaCola 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. 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. Mar 2021 - Present2 years 1 month. Earnings Release 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+." 0 Sep 2020 - Apr 20218 months. endstream endobj startxref How many drinks does The CocaCola Company sell worldwide each day? Our Principles for Sustainable Agriculture advance sustainable sourcing of our agricultural ingredients at the farm level, taking a longer-term perspective to reflect our expanding portfolio, increasingly diverse supply chains and the most recent science to support farmer livelihoods and ensure continuity of supply. People matter. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. To make a difference in people's lives, communities and our planet by doing business the right way. 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.. 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. 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. The Coca-Cola Company. . TI&Sc Quality and Food Safety Manager. Email Alerts. Proxy Statements; Annual Reviews; 2021 Annual Review. To make a difference in people's lives, communities and our planet by doing business the right way. Sustainability Report 2021 demonstrates the company's progress and . In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Coca-Cola is committing to sharing diversity, equity and inclusion metrics with senior leaders each quarter, and disclosing results to investors and stakeholders on a regular basis. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Join to view profile Coca-Cola Beverages Zambia. 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. 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). ", Business Environment and Strategic Actions Update. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. As a result, the company has reinstated guidance and is providing its 2021 outlook. 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. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. 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. 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. 102-54 Claims of reporting in accordance with the GRI . Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. 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. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 11K followers 500+ connections. See more Sustainability report About this report 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. The unavailable information could have a significant impact on our full year 2021 reported financial results. 2021 Integrated Report; Integrated Annual Report 2020. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. 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 . Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site Water replenishment ratio of 159.9%. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team 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 . Home; Our Brands. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. The company continues to strengthen risk assessments and streamline supplier engagement processes. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 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.. 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.. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. Experienced FMCG Supply Chain professional. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. 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. 2013 Annual Review . 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. - 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. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . 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. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. 1K followers . CocaCola . 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. Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. "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. 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. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Our purpose is to refresh the world and make a difference. 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. Brussels, Brussels Region, Belgium. . You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . 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 performance included solid growth in sparkling soft drinks in China and India. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. 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. Through early February 2021, the company has experienced a volume decline of mid single digits globally, with continued elevated levels of sales in at-home channels being more than offset by pressure in away-from-home channels. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. Therefore, the percent change is not meaningful. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. Additionally, the company is constantly reducing the use of . Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. 2019 Annual Review. Report. Leading product development projects for WEBU and DDFI&NE with a cross-functional team that includes Marketing, Finance, Bottler, Technical and R&D. Relevant learnings within this experience: o Lead . The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. "The progress we made in 2020, including the actions taken to accelerate the transformation of our company, gives us confidence in returning to growth in the year ahead. 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. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. 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. 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 This does not include any potential payments related to the ongoing tax litigation with the IRS. 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. Join to follow The Coca-Cola Company . 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. Livingstone University. Filings & Reports . 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. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." A track record . 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. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. 2022 The CocaCola Company. 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. 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.

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