Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. . 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. 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. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. The Coca-Cola Company 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 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. 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. 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. Report this profile Report Report. 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. Lusaka, Zambia Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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. Our purpose is to refresh the world and make a difference. 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. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. The company also provided an update on its strategic transformation initiatives. 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. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. The Coca-Cola Company in Boydton, VA Expand search. 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. 4853 0 obj <>stream View Governance. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. 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. 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. 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. To make a difference in people's lives, communities and our planet by doing business the right way. 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. The company also provided an update on its strategic transformation initiatives. 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. We act in ways to create a more sustainable and better shared future. 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. 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 Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Join to view profile Coca-Cola Beverages Zambia. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. - 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. As of the end of 2010, we had achieved 93 percent alignment, and by the end of 2011 we estimate 96 percent alignment with our stringent standards. The global initiative launched in 2018 focuses on designing, collecting and partnering. 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). In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. 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, 2020 World Without Waste Report (June 2021), p. 5. 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 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. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. 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. Back. Our purpose is to refresh the world and make a difference. <br> This efficient use of input materials help in more than doubling the fruit produce. The Coca-Cola Company. Jun 2021 - Present1 year 10 months. Budapest, Hungary. 2014 Annual Review. 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. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. 2017 Annual Review. 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. %%EOF The portal for Sustainability Reporting. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 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. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Explore our Purpose & Vision, History and more. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. "In 2020, employees from across The Coca-Cola Company and its bottling system worked tirelessly to learn and adapt amidst a global crisis," said James Quincey, chairman and CEO of The Coca-Cola Company. 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. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Organic revenues (non-GAAP) declined 17%. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The company continues to strengthen risk assessments and streamline supplier engagement processes. 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. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site 2015 Annual Review. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. When expanded it provides a list of search options that will switch the search inputs . Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. Since 2012, this work has added up to more than 1.5 trillion liters of freshwater returned to the environment and communities., Delivering an 18% improvement in water use efficiency in operations since 2010.. Additionally, the company is constantly reducing the use of . The unavailable information could have a significant impact on our full year 2021 reported financial results. 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 . 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. 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 Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Challenging . Writing a Marketing Plan . Report. Therefore, the percent change is not meaningful. We aim to create a more sustainable and better shared future. 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.. How many drinks does The CocaCola Company sell worldwide each day? 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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. 2019 Annual Review. 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 . 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. 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. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. 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. We act in ways to create a more sustainable and better shared future. The companys sustainability goals are interlinked.. In 2010, we improved our water use efficiency for the eighth consecutive year, reducing the average amount of water required to produce each beverage serving. We are striving to make packaging part of the circular economy, Perez said. 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. For 14+ years, I have worked at the intersection of Public Policy, ESG and Communications for: The United Nations, The Coca-Cola Company, Unilever and Diageo. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. The report highlights progress made on all aspects of business, governance and sustainability during 2020. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. The organization is on a path to emerge stronger and is positioned for long-term success. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. Mar 2021 - Present2 years 1 month. Annual Reviews. Feb 2021 - Present2 years 2 months. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. 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. Atlanta, Georgia, United States. 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. 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. 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. 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. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. 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. 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 Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. 2022 The CocaCola Company. 2016 Annual Review. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. 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. %PDF-1.6 % World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling 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. 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 . In the Company's effort to increase transparency across its broad sustainability platform, this year's Report was created using stakeholder feedback and, for the first time, follows the disclosure and reporting requirements of the Global Reporting Initiative (GRI) to achieve a self-declared grade level "B+." report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . She has exemplary communication, leadership, innovative and collaborative skills . All rights reserved. Careers; . Developing a touch-less option for Coca-Cola Freestyle machines in the U.S., allowing consumers to select and pour drinks them via smartphone all without touching the machines screen. 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. Comparable currency neutral operating income (non-GAAP) grew 14% for the quarter and was even for the year, driven by effective cost management across operating groups offset by top-line pressure due to the coronavirus pandemic. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. 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. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. 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.. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. 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. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 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.. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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.
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