coca cola company sustainability report 2020

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. 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 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Filings & Reports . This innovation will be available on all Freestyle machines in the U.S. by the end 2020. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Back Submit. 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. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. Challenging . 2020 Annual Review. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. 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. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. 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.. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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.. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. "Our beverages are offered in returnable glass bottles and are 100% recyclable. The first quarter has five additional days compared to first quarter 2020. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. About . To make a difference in people's lives, communities and our planet by doing business the right way. 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 . ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. . All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Our purpose is to refresh the world and make a difference. 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. Earnings Release Experienced FMCG Supply Chain professional. 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. Email Alerts. 102-53 Contact point for questions regarding the report Please visit our Contact Us webpage, email us or call 1-800-GET-COKE (U.S. only). Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Water replenishment ratio of 159.9%. 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. Sustainable Development Reports | Swire Coca-Cola Sustainability Overview Planet Product People SD Reports Sustainable Development Reports Further details of our environmental and social performance are outlined in our Sustainability Report. endstream endobj startxref Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. 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. Sustainability Report 2021 demonstrates the company's progress and . Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 0 The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. 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. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. Community hygiene programs have continued during the pandemic in countries such as Uganda, where Coca-Cola Beverages Africa helped distribute 5,000 hand-washing stations. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Skilled in Corporate Social Responsibility, Public Policy . 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 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. 2018 Annual Review. 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. With new digital tools available to more people, the report was also created in a unique format offering easier access from smart phones, tablets and other popular mobile devices. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. 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. 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 are striving to make packaging part of the circular economy, Perez said. 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 has been refreshing the world and making a difference for over 136 years. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. All rights reserved. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. 1K followers . 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. 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 . Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Learn all about our sustainability initiatives. 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. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. The Coca-Cola Company. hb```6B By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. Company Provides 2022 Financial Outlook. Introduction to Sustainability Coursera Issued Nov 2020. Sustainability Senior Manager - Africa. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. 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. "Concentrate sales" represents the amount of concentrates, syrups, beverage bases, source waters and powders/minerals (in all instances expressed in equivalent unit cases) sold by, or used in finished beverages sold by, the company to its bottling partners or other customers. Apr 2021 - Dec 20221 year 9 months. This was partially offset by growth in China, Brazil and Nigeria. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . Explore our Purpose & Vision, History and more. 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. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company However, for readers to have more up-to-date information, we have also included highlights of COVID-19 related humanitarian relief measures that were implemented in 2021. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. The company continues to strengthen risk assessments and streamline supplier engagement processes. 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. The Coca-Cola Company in Boydton, VA Expand search. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. Join to follow The Coca-Cola Company . Explore our Purpose & Vision, History and more. 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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. 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. 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. Annual Report. | Learn more about Oluwatobiloba Kajero's work experience, education . The report highlights progress made on all aspects of business, governance and sustainability during 2020. Coca-Cola HBC AG . We use cookies to provide you with a great experience and to help our website run effectively. 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. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. 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. . 2015 Annual Review. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. 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.. Annual Reviews. The global initiative launched in 2018 focuses on designing, collecting and partnering. Lagos, Nigeria. <br> More than 20% of the companys global portfolio is in refillable or fountain packaging. 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. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Back. "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. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. Explore our Purpose & Vision, History and more. Volume performance included solid growth in sparkling soft drinks in China and India. %%EOF We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. Reformulating nearly 1,000 beverages from 2017 to 2019. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 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.. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany Menu. May 2020 - Jun 2022 2 years 2 months. 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. 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. 2019 Annual Review. 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. 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. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. 2013 Annual Review . The. Explore our Purpose & Vision, History and more. 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. Explore our Purpose & Vision, History and more. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team 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. 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. 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.

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