Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. ", Business Environment and Strategic Actions Update. ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners 2020 Annual Review. Additionally, the company is constantly reducing the use of . We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. pic.twitter.com/cHqrWnxgXh, Billingsley shared several steps the company is taking to promote diversity, equity and inclusion and mirror the diversity of the communities where we operate.. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Sustainability | Coca-Cola Nigeria. 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. PDF GRI SASB TCFD SDGs - The Coca-Cola Company Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Back Submit. 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. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # The. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. ", 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. Explore our Purpose & Vision, History and more. Similar programs launched in Ethiopia and Tanzania. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. 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.. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Reports and Results - KOF KOF - Integrated Report 2021 - Coca-Cola FEMSA Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Water replenishment ratio of 159.9%. ",Ae)` Rv=D3012=J@g,@ GI 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. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system employees.For more information, visitwww.coca-colacompany.com, follow us on Twitter attwitter.com/CocaColaCo, or find us on LinkedIn atwww.linkedin.com/company/the-coca-cola-company., 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, www.linkedin.com/company/the-coca-cola-company. 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. Unit case volume declined 7% for the quarter, as strong growth in sparkling soft drinks in at-home channels along with growth in AHA, fairlife and Powerade Zero was more than offset by a decline in the fountain business. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. 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. ET. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Finance Manager Hungary - The Coca-Cola Company - LinkedIn 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.. Plastics "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. This report is the company's maiden sustainability performance disclosure, highlighting the impact the company has created in the community along with the key sustainability initiatives across the value chain, according to a press release. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. This does not include any potential payments related to the ongoing tax litigation with the IRS. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. While volume trends have broadly remained resilient amidst the continuing uncertainty surrounding the coronavirus pandemic, the company experienced incremental pressure in December and into the early part of this year due to a resurgence of the coronavirus in many parts of the world. 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. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. 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. 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. 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.. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. Creating a $100 million fund with The Recycling Partnership, Closed Loop Partners and World Wildlife Fund in the U.S. to reclaim more plastic bottles so they can be remade into new bottles. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. 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. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. CocaCola . 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. Our purpose is to refresh the world and make a difference. Arijit Mitra - Business Development Director at the Africa Operating This was partially offset by growth in China, Brazil and Nigeria. 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. 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. To make a difference in people's lives, communities and our planet by doing business the right way. "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. Filings & Reports . 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. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. The company expects to deliver free cash flow (non-GAAP) of at least $8.5 billion through cash flow from operations of at least $10.0 billion and capital expenditures of approximately $1.5 billion. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. KOF - Integrated Report 2021 - Coca-Cola FEMSA Careers; . 2022 The CocaCola Company. 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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. When expanded it provides a list of search options that will switch the search inputs . The report highlights progress made on all aspects of business, governance and sustainability during 2020. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. Organic revenues (non-GAAP) declined 17%. Comparable currency neutral operating income (non-GAAP) declined 6%, driven by pressure in away-from-home channels in Japan and Australia, partially offset by effective cost management. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. 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 And we will do all of this while maintaining a 100% or more global water replenishment rate.. Join to view profile Coca-Cola Beverages Zambia. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Our planet matters. "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. 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. 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. 4853 0 obj <>stream Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Jun 2021 - Present1 year 10 months. To make a difference in people's lives, communities and our planet by doing business the right way. 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. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. 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, Achieving the companys water replenishment goal to return 100% of water used annually by 2020 in 2015, five years ahead of schedule., Returning the equivalent of 160% of water used in finished beverages back to communities and nature as of 2019. To make a difference in people's lives, communities and our planet by doing business the right way. 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. 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 "Our beverages are offered in returnable glass bottles and are 100% recyclable. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Coca-Cola, PepsiCo, Mars Slammed Over Recycling Targets - Business Insider Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. 2013 Annual Review . The company also provided an update on its strategic transformation initiatives. 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 . 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%. Join to follow The Coca-Cola Company . Sustainable Development Reports | Swire Coca-Cola In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Enquiries . 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. 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. We act in ways to create a more sustainable and better shared future. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. 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. Sustainability Senior Manager - Africa. 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. 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. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. <br> Lagos, Nigeria. 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. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. 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. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Coca-Cola Company - statistics & facts | Statista "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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. 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. 2022 The CocaCola Company. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. 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 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. Report. Aisha Sarwari - Director Public Affairs, Communications and 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.. Coca-Cola HBC AG . All volume percentage changes are computed based on average daily sales for the fourth quarter, unless otherwise noted, and are computed on a reported basis for the full year. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Water replenishment ratio of 159.9%. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. 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. People matter. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. 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. Sep 2020 - Apr 20218 months. 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. Coca-Cola cleans up record on water usage | Reuters Events All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. 2021 Integrated Report; Integrated Annual Report 2020. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. %%EOF Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. 2018 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. People matter. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Apr 2021 - Dec 20221 year 9 months. The company continues to strengthen risk assessments and streamline supplier engagement processes.