coca cola company sustainability report 2020 coca cola company sustainability report 2020

We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. What a wonderful week spending time with our Public Affairs, Communications, Sustainability, The Coca-Cola Foundation and Licensing and Retail teams Liked by Bhumika Gupta Oberoi (She/Her) Another PROUD moment for the University- Ajay Banga, a 63 year old Indian-American has been nominated by the White House to head the World We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. 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. "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. Learn all about our sustainability initiatives. 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). Note: Certain rows may not add due to rounding. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. 1K followers . US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 The company's new sustainability campaign "Deliver for Today, Inspire for Tomorrow" focuses on corporate and environmental sustainability with the goal of leading the industry in two major areas: energy and climate change and sustainable packing and recycling. TI&Sc Quality and Food Safety Manager. Our purpose is to refresh the world and make a difference. 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. 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. Water replenishment ratio of 159.9%. The global initiative launched in 2018 focuses on designing, collecting and partnering. Our purpose is to refresh the world and make a difference. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. 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. View Governance. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. The companys sustainability goals are interlinked.. The first quarter has five additional days compared to first quarter 2020. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. - The health and safety of our associates have always been our priority. "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. 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. Gurugram, Haryana, India. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. 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. Jun 2021 - Present1 year 10 months. More than 20% of the companys global portfolio is in refillable or fountain packaging. 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. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany All rights reserved. "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. This does not include any potential payments related to the ongoing tax litigation with the IRS. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full-year 2021 results, including another quarter of sequential improvement in volume trends compared to 2019. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. We act in ways to create a more sustainable and better shared future. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. This efficient use of input materials help in more than doubling the fruit produce. 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. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. 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. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Explore our Purpose & Vision, History and more. Lusaka, Zambia This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Home; Our Brands. 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. Filings & Reports . 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. 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. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Challenging . Budapest, Hungary. 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. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. hb```6B Back Submit. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. 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. Sustainable Agriculture And, for the first time ever, its entire content is available exclusively online. 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. Report this profile Report Report. 2021 Integrated Report; Integrated Annual Report 2020. 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. 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. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. 2022 The CocaCola Company. To make a difference in people's lives, communities and our planet by doing business the right way. Short-Term Experience as Commercialization Manager. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) 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. 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. Only through a comprehensive approach can we make transformational and enduring change. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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.. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. 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. May 2020 - Jun 2022 2 years 2 months. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". 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. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. 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. 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've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Comparable currency neutral operating income (non-GAAP) declined 6%, driven by pressure in away-from-home channels in Japan and Australia, partially offset by effective cost management. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. 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. Our purpose is to refresh the world and make a difference. Explore our Purpose & Vision, History and more. 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. Leading product development projects for WEBU and DDFI&NE with a cross-functional team that includes Marketing, Finance, Bottler, Technical and R&D. Relevant learnings within this experience: o Lead . 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. For the Bottling Investments operating segment for the full year, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume after considering the impact of structural changes. Global Unit Case Volume Declined 3% for the Quarter and 6% for the Full Year, Net Revenues Declined 5% for the Quarter and 11% for the Full Year; Organic Revenues (Non-GAAP) Declined 3% for the Quarter and 9% for the Full Year, Operating Income Grew 8% for the Quarter and Declined 11% for the Full Year; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% for the Quarter and Was Even for the Full Year, Fourth Quarter EPS Declined 29% to $0.34, and Comparable EPS (Non-GAAP) Grew 6% to $0.47; Full Year EPS Declined 13% to $1.79, and Comparable EPS (Non-GAAP) Declined 8% to $1.95, Cash from Operations Was $9.8 Billion for the Full Year, Down 6%; Full Year Free Cash Flow (Non-GAAP) Was $8.7 Billion, Up 3%. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. 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. 578 followers 347 connections. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. 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. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. eaha@LlQx6. 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. 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. 2022 The CocaCola Company. Writing a Marketing Plan . Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. 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. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. 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 company is confident in its ability to gain share and consumers, maintain strong system economics, strengthen its reputation with key stakeholders and position the organization to win. ET. Explore our Purpose & Vision, History and more. "Our beverages are offered in returnable glass bottles and are 100% recyclable. The company also provided an update on its strategic transformation initiatives. We are striving to make packaging part of the circular economy, Perez said. 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.