Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. The Coca-Cola Company in Boydton, VA Expand search. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. 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. 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. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. This does not include any potential payments related to the ongoing tax litigation with the IRS. 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'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 HBC AG . ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners Lagos, Nigeria. Comparable net revenues (non-GAAP) are expected to include a minimal currency impact based on the current rates and including the impact of hedged positions. Fiscal Year Ended Dec 31, 2020. 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. The organization is on a path to emerge stronger and is positioned for long-term success. To make a difference in people's lives, communities and our planet by doing business the right way. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. 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. Sustainability | Coca-Cola Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. 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. As a result, the company has reinstated guidance and is providing its 2021 outlook. 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. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. Since 2000, our average calories per serving decreased by 9 percent globally. 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. More than 20% of the companys global portfolio is in refillable or fountain packaging. PDF Coca-Cola HBC Publishes 2020 Integrated Annual Report Join to view profile Coca-Cola Beverages Zambia. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. 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. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Courtesy of Coca-Cola The impact speaks for itself: A 2020 report from Break Free From Plastic collected 13,834 pieces of Coca-Cola-branded waste across 51 countriesmore than the. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. The report highlights progress made on all aspects of business, governance and sustainability during 2020. Note: Certain rows may not add due to rounding. Sustainability Report 2021 - gr.coca-colahellenic.com 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. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Supply Chain Manager - The Coca-Cola Company - LinkedIn Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 2017 Annual Review. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. 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. 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 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. Coca-Cola Statistics, Facts, - Market.us 2021 Integrated Report; Integrated Annual Report 2020. 1K followers . Osita Abana, MPA - Global Sustainability, Public Policy The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. ESG :: The Coca-Cola Company (KO) See more Sustainability report About this report Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany Budapest, Hungary. - 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. 578 followers 347 connections. - Committed investments of USD 1.7 Billion to Indias agri-ecosystem along with partners to create a healthy local juice and concentrate supply chain with successful and thriving farming communities and ecosystems. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . People matter. KOF - Integrated Report 2021 - Coca-Cola FEMSA 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. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Coca-Cola Amatil Ltd - ResponsibilityReports.com Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability 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. The Coca-Cola System in India releases Sustainability Update 2020-21 July 2020 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 Coca Cola Impact Report | Pages | WWF - World Wildlife Fund We use cookies to provide you with a great experience and to help our website run effectively. Mar 2021 - Present2 years 1 month. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. 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. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. Sep 2020 - Apr 20218 months. 4761 0 obj <> endobj Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. The unavailable information could have a significant impact on our full year 2021 reported financial results. Our PlantBottle technology, which allows us to replace 100 percent petroleum-based PET plastic with PET plastic that contains up to 30 percent material derived from plants, is becoming more widely used around the world. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Coca-Cola's Business & ESG Report 2020 CSR Europe This button displays the currently selected search type. 2020 Integrated Report ; Integrated Annual Report ",Ae)` Rv=D3012=J@g,@ GI We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. 2020 World Without Waste | Company Reports - The Coca-Cola Company 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. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. %%EOF 2018 Annual Review. 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. Livingstone University. The revenue declines were primarily driven by coronavirus-related pressure on Costa retail stores, partially offset by strong performance in Costa Express machines in the United Kingdom. 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. "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. All rights reserved. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. Volume performance included solid growth in sparkling soft drinks in China and India. Skilled in Corporate Social Responsibility, Public Policy . Coca-Cola Nigeria. 2019 Annual Review. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. 2016 Annual Review. 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. Short-Term Experience as Commercialization Manager. "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. 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.. A new science-based target aims to reduce the companys absolute carbon emissions by 25% by 2030, against a 2015 baseline, in line with the Paris Agreement Goals. To make a difference in people's lives, communities and our planet by doing business the right . Strategy :: The Coca-Cola Company (KO) The company's new sustainability campaign "Deliver for Today, Inspire for Tomorrow" focuses on corporate and environmental sustainability with the goal of leading the industry in two major areas: energy and climate change and sustainable packing and recycling. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Jun 2021 - Present1 year 10 months. "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. 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. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Explore our Purpose & Vision, History and more. And we will do all of this while maintaining a 100% or more global water replenishment rate.. Company Provides 2022 Financial Outlook. Michael Goltzman - Vice President, Global Policy - LinkedIn Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. The companys sustainability goals are interlinked.. May 2020 - Jun 2022 2 years 2 months. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. The. Join to follow The Coca-Cola Company . Home; Our Brands. Challenging . happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. Sustainability Report for 2020 - cch Hungary ", 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. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Concentrate sales were 3 points ahead of unit case volume, primarily due to two additional days in the quarter (a 2-point benefit) and cycling the Brexit-related inventory reduction in the prior year. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Reports and Results - KOF As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. PDF GRI SASB TCFD SDGs - The Coca-Cola Company This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 2022 The CocaCola Company. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". Back. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. Gurugram, Haryana, India. 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. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Menu. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. The Coca-Cola Company Releases First-Ever GRI Report | Press Release Annual Report. 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 . 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. TI&Sc Quality and Food Safety Manager. 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. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom 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. She has exemplary communication, leadership, innovative and collaborative skills . Our purpose is to refresh the world and make a difference. 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. Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability We act in ways to create a more sustainable and better shared future. 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). 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.. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. 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.

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