coca cola company sustainability report 2020

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. 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. 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. As a result, the company has reinstated guidance and is providing its 2021 outlook. 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 has been refreshing the world and making a difference for over 136 years. To make a difference in people's lives, communities and our planet by doing business the right . Ambitious goals for sustainable business operations have not been forgotten. 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. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. Coca-Cola Reports Fourth Quarter and Full Year 2020 Results We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. CocaCola . Water replenishment ratio of 159.9%. 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. 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. endstream endobj startxref Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Unit case volume declined 7% for the quarter, primarily due to the impact of the coronavirus pandemic across key markets and adverse weather in Southeast Asia. To make a difference in people's lives, communities and our planet by doing business the right way. 2014 Annual Review. The company also provided an update on its strategic transformation initiatives. Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. 2020 - hr.coca-colahellenic.com 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. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Join to view profile Coca-Cola Beverages Zambia. 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. 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.. We act in ways to create a more sustainable and better shared future. Coca-Cola Sustainability Strategy - PHDessay.com 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 The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. A strong business leader with a growth mindset with 30 years' experience having managed large businesses at a P&L level, both in India & international markets, and functional roles at Regional and National level in a large multinational environment.<br><br>My core strength is in Operations and People Leadership and have delivered signature achievements in the multiple business leadership . Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Budapest, Hungary. 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. 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. 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. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. 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. 0 The Coca-Cola Company. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. %%EOF 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. Unit case volume declined 3% for the quarter and 6% for the year, as continued strength in at-home channels was more than offset by coronavirus-related pressure in away-from-home channels. Additionally, the company is constantly reducing the use of . 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 aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. 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. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. 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 . 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. "Our beverages are offered in returnable glass bottles and are 100% recyclable. 2021 Integrated Report; Integrated Annual Report 2020. To make a difference in people's lives, communities and our planet by doing business the right way. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. 2021 Business, Environmental, Social & Governance | Company Reports 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. Email Alerts. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. 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. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # The company continues to strengthen risk assessments and streamline supplier engagement processes. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. 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. 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. 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. 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. This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . Sustainability | Coca-Cola Europacific Partners Join to follow The Coca-Cola Company . Sustainability :: The Coca-Cola Company (KO) The Coca-Cola Company Releases First-Ever GRI Report | Press Release 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. ", Business Environment and Strategic Actions Update. Our purpose is to refresh the world and make a difference. And we will do all of this while maintaining a 100% or more global water replenishment rate.. 2017 Annual Review. 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 company invites participants to listen to a live webcast of the conference call on the companys website, http://www.coca-colacompany.com, in the "Investors" section. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. 11K followers 500+ connections. Atlanta, Georgia, United States. 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. 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. 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. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. 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. 2020 Integrated Report ; Integrated Annual Report For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. Therefore, the percent change is not meaningful. A track record . Responsible business | Coca-Cola Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The Coca-Cola Company in Boydton, VA Expand search. Learn all about our sustainability initiatives. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. 4761 0 obj <> endobj 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. The Coca-Cola System in India releases Sustainability Update 2020-21 Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. 2018 Annual Review. "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. Back. The organization is on a path to emerge stronger and is positioned for long-term success. 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. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. 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. This was partially offset by growth in China, Brazil and Nigeria. 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. Annual Report. Lagos, Nigeria. 2020 World Without Waste | Company Reports - The Coca-Cola Company 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 . 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. Coca-Cola HBC AG . Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Coca-Cola's Business & ESG Report 2020 CSR Europe The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. 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 View Governance. Feb 2021 - Present2 years 2 months. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. While near-term uncertainty remains, we are well-positioned to emerge stronger from the crisis, driven by our purpose and our beverages for life ambition. We act in ways to create a more sustainable and better shared future. Explore our Purpose & Vision, History and more. 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 . Explore our Purpose & Vision, History and more. 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 . 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. 1K followers . 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. Coca-Cola HBC on LinkedIn: #esg #sustainability #2021spglobalyearbook # Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. This does not include any potential payments related to the ongoing tax litigation with the IRS. Coca-Cola Shares Sustainability Progress - News & Articles 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. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site 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. Coca-Cola Nigeria. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Back Submit. Aisha Sarwari - Director Public Affairs, Communications and Sustainable Development Reports | Swire Coca-Cola Coca-Cola's brand value from 2006 to 2022 (in billion U.S. dollars) Most sustainable consumer goods companies in the United States in 2020 Most sustainable consumer goods companies in the. 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. Price/mix grew 3% for the quarter, as solid growth in juice and dairy finished-goods brands was partially offset by pressure in the fountain business and away-from-home channels. 2019 Annual Review. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. 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 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. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . 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. 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. Note: Certain rows may not add due to rounding. Writing a Marketing Plan . 578 followers 347 connections. 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.).

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