Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. All rights reserved. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. 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 To make a difference in people's lives, communities and our planet by doing business the right way. We act in ways to create a more sustainable and better shared future. Ambitious goals for sustainable business operations have not been forgotten. Therefore, the percent change is not meaningful. 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. Human Rights | Coca-Cola European Partners Investors Contact Our human rights journey November 2020 Listed on the Dow Jones Sustainability Index for a fifth year (one of just four beverage companies to be listed on the DJSI World Index and one of three to be listed on the DJSI Europe Index). it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. In addition to the data in the preceding tables, operating results included the following: The 2021 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance. 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. Lagos, Nigeria. 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. All volume percentage changes are computed based on average daily sales for the fourth quarter, unless otherwise noted, and are computed on a reported basis for the full year. Coca-Cola HBC AG . See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. We act in ways to create a more sustainable and better shared future. 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. 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. Explore our Purpose & Vision, History and more. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. For the year, the company lost value share in total NARTD beverages, primarily due to share losses across most category clusters, partially offset by a share gain in sparkling soft drinks. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. 2017 Annual Review. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. 2019 Annual Review. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Given the scale of unemployment and the challenges to our key customers in away-from-home channels, we see an opportunity to expand our economic empowerment strategy in the post-2020 period, engaging in broader industry platforms that collaboratively transform the livelihoods of women, youth and additional vulnerable populations by promoting retraining, upskilling and entrepreneurship, Perez said. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 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. Filings & Reports . The program impacted more than 1.3 million women in 2019 alone. 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 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. 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 . 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. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. 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. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Our purpose is to refresh the world and make a difference. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. Livingstone University. 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. - 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. The organization is on a path to emerge stronger and is positioned for long-term success. 2018 Annual Review. Mar 2021 - Present2 years 1 month. How many drinks does The CocaCola Company sell worldwide each day? Apr 2021 - Dec 20221 year 9 months. Learn all about our sustainability initiatives. 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.. Careers; . Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . 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 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. 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. Organic revenues (non-GAAP) declined 17%. Email Alerts. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. 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.. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. Increasing total sales globally in 2018 and 2019, while reducing added sugar. This does not include any potential payments related to the ongoing tax litigation with the IRS. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. While volume trends have broadly remained resilient amidst the continuing uncertainty surrounding the coronavirus pandemic, the company experienced incremental pressure in December and into the early part of this year due to a resurgence of the coronavirus in many parts of the world. 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. 2015 Annual Review. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. - 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. Download report Check report history Plastics 2020 Annual Review. 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. Brussels, Brussels Region, Belgium. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. To make a difference in people's lives, communities and our planet by doing business the right way. Skilled in Corporate Social Responsibility, Public Policy . 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. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn 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. Juice, dairy and plant-based beverages declined 2% for the quarter and 9% for the year, as solid performance by Simply and fairlife in North America was more than offset by a decline in Minute Maid in the fountain business. Our purpose is to refresh the world and make a difference. People matter. 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.). This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. 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. We use cookies to provide you with a great experience and to help our website run effectively. May 2020 - Jun 2022 2 years 2 months. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. 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. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. Feb 2021 - Present2 years 2 months. 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. "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. 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. 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. 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.. 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. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. 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. Lusaka, Zambia . Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. The company also provided an update on its strategic transformation initiatives. The Coca-Cola Company in Boydton, VA Expand search. 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.. 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. The companys sustainability goals are interlinked.. 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. And we will do all of this while maintaining a 100% or more global water replenishment rate.. 2022 The CocaCola Company. Explore our Purpose & Vision, History and more. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. "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. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team Back Submit. Proxy Statements; Annual Reviews; 2021 Annual Review. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. 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 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 act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. 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. 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. 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. Volume performance included solid growth in sparkling soft drinks in China and India. 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. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. Therefore, the percent change is not meaningful. "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. Additionally, the company is constantly reducing the use of . The company also provided an update on its strategic transformation initiatives. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. 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. eaha@LlQx6. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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 . 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. 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. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. 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. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. 2020 Integrated Report ; Integrated Annual Report