Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. Careers; . 2020 Business, Environmental, Social & Governance - The Coca-Cola Company 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. 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 | Coca-Cola Nigeria. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. Lottie S. - Digital Workplace Communications Lead - The Coca-Cola 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. 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. 2021 Integrated Report; Integrated Annual Report 2020. Our purpose is to refresh the world and make a difference. ", 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. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. 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. "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. 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. 2018 Annual Review. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. This was partially offset by growth in China, Brazil and Nigeria. 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. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. 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. 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. 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. This efficient use of input materials help in more than doubling the fruit produce. Enquiries . ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. ", Business Environment and Strategic Actions Update. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. As of December 31, 2021, Coca-Cola FEMSA had allocated US$350.12 million of green bond net proceeds to projects supporting climate action, water stewardship, and a circular economy. 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. 2017 Annual Review. Explore our Purpose & Vision, History and more. Investors and Analysts: Tim Leveridge, [email protected], https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. 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. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. Organic revenues (non-GAAP) declined 17%. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 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. Sustainability :: The Coca-Cola Company (KO) (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team 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. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. Human Rights | Coca-Cola European Partners - Coca-Cola Europacific Partners Proxy Statements; Annual Reviews; 2021 Annual Review. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. 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). 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. For the year, the company's value share in total NARTD beverages was even as a share gain in the tea and coffee category cluster was offset by share losses in the other category clusters. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. Explore our Purpose & Vision, History and more. Coca-Cola Shares Sustainability Progress - News & Articles Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. 2015 Annual Review. The Coca-Cola System in India releases Sustainability Update 2020-21 Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. Earnings Release Menu. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Sophia Chrysopoulou - EU Public Affairs & Government - LinkedIn The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. Challenging . Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola 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. Only through a comprehensive approach can we make transformational and enduring change. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Therefore, the percent change is not meaningful. Water replenishment ratio of 159.9%. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) 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. 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. 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. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. 2020 World Without Waste | Company Reports - The Coca-Cola Company Experienced FMCG Supply Chain professional. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Brussels, Brussels Region, Belgium. Explore our Purpose & Vision, History and more. 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. Financial Results :: The Coca-Cola Company (KO) 1K followers . Our sustainability strategy guides how we support and engage the remarkable people behind our brands, from farmers and employees to the communities we call home, and delivers on our commitments to safeguard the health of the environment. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Similar programs launched in Ethiopia and Tanzania. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 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. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. 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. As a result, the company has reinstated guidance and is providing its 2021 outlook. Osita Abana, MPA - Global Sustainability, Public Policy eaha@LlQx6. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. 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. Plastics Join to follow The Coca-Cola Company . 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. 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 . Arijit Mitra - Business Development Director at the Africa Operating Join to follow The Coca-Cola Company . Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany Finance Manager Hungary. | Learn more about Oluwatobiloba Kajero's work experience, education . Coca-Cola Nigeria. 0 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. In addition to increasing transparency within the content, we have taken a digital approach to make the report more user-friendly and accessible on a variety of mobile devices. Experienced Policy, Regulatory and Public Affairs practitioner with varied Industry and Association leadership roles, effective communicator, project catalyst and manager and a strong team leader and player proven in mobilising a wide range of stakeholders. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca 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. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. 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. View Governance. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. The global initiative launched in 2018 focuses on designing, collecting and partnering. 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. 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. Coke and Pepsi eye new sustainability goals after years of - Fortune This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. 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 . Coca-Cola in Sri Lanka releases maiden Sustainability Report I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. We aim to create a more sustainable and better shared future. 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. While there are still uncertainties related to the pandemic, the company has greater visibility into its future recovery and is confident that its actions will continue to mitigate the effects of the crisis. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". Sustainability | Coca-Cola The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Budapest, Hungary. 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 Coca-Cola Statistics, Facts, - Market.us People matter. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. To make a difference in people's lives, communities and our planet by doing business the right way. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. "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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Download report Check report history 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. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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 Increasing total sales globally in 2018 and 2019, while reducing added sugar. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Apr 2021 - Dec 20221 year 9 months. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. Sustainable Agriculture 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.
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