COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Sustainability :: The Coca-Cola Company (KO) 2020 World Without Waste | Company Reports - The Coca-Cola Company In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. 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. 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 %%EOF 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. Brussels, Brussels Region, Belgium. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. 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. Livingstone University. Coca-Cola Amatil Ltd - ResponsibilityReports.com Unit case volume declined 4% for the quarter, primarily due to adverse weather in Southeast Asia along with coronavirus-related pressure in away-from-home channels in most markets in the region. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability 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. Investors and Analysts: Tim Leveridge, [email protected], https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. 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.). Atlanta, Georgia, United States. 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. The unavailable information could have a significant impact on our full year 2021 reported financial results. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. KOF - Integrated Report 2021 - Coca-Cola FEMSA July 2020 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. Mar 2021 - Present2 years 1 month. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Osita Abana, MPA - Global Sustainability, Public Policy 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. The Coca Cola Impact Report | Pages | WWF - World Wildlife Fund To make a difference in people's lives, communities and our planet by doing business the right way. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Sustainability Report for 2020 - cch Hungary As a result, the company has reinstated guidance and is providing its 2021 outlook. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. CocaCola . Coca-Cola Sustainability Strategy - PHDessay.com "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. Only through a comprehensive approach can we make transformational and enduring change. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. 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. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team Coca-Cola HBC on LinkedIn: #esg #sustainability #2021spglobalyearbook # The organization is on a path to emerge stronger and is positioned for long-term success. ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners 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. ", Business Environment and Strategic Actions Update. Writing a Marketing Plan . But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Jun 2021 - Present1 year 10 months. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. Gurugram, Haryana, India. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. 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. During my studies I have completed a lot of projects (in and out of the lab) working with other people and developed my skills in solving different problems. The company also provided an update on its strategic transformation initiatives. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. 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. Sustainable Agriculture 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. 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. Our planet matters. 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. 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. Increasing total sales globally in 2018 and 2019, while reducing added sugar. The Coca-Cola System in India releases Sustainability Update 2020-21 2021 Integrated Report; Integrated Annual Report 2020. 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. 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. To make a difference in people's lives, communities and our planet by doing business the right way. Comparable EPS (non-GAAP) is expected to include an approximate 2% currency headwind based on the current rates and including the impact of hedged positions. 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. Careers; . Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 1K followers . CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. 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. 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. 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. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom At the end of 2020 we announced our ambition to reach net zero greenhouse gas emissions across our entire value chain in Europe by 2040. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . Concentrate sales were 3 points ahead of unit case volume, largely due to two additional days in the quarter and cycling the Brexit-related inventory reduction in the prior year. 2022 The CocaCola Company. Volume performance included solid growth in sparkling soft drinks in China and India. Our purpose is to refresh the world and make a difference. PDF Coca-Cola HBC Publishes 2020 Integrated Annual Report 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. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. We act in ways to create a more sustainable and better shared future. 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. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . 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. Menu. Coca-Cola, PepsiCo, Mars Slammed Over Recycling Targets - Business Insider All rights reserved. We continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. 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 - hr.coca-colahellenic.com The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # 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. 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 report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. The Coca-Cola Company Releases First-Ever GRI Report | Press Release Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Launching a $140+ million PET Packaging Manufacturers of Clean Environment (PACE) initiative in India to create Asias Largest Packaging Waste Management Venture with goal of preventing recyclable packaging material from reaching landfills by 2025. 2020 Annual Review. People matter. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company 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. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. "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. Back. Earnings Release 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. 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. hb```6B We act in ways to create a more sustainable and better shared future. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management.