Our purpose is to refresh the world and make a difference. See more Sustainability report About this report We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. "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. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. KOF - Integrated Report 2021 - Coca-Cola FEMSA "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. Strategy :: The Coca-Cola Company (KO) The company also provided an update on its strategic transformation initiatives. 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. Sustainability | Coca-Cola 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. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. People matter. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Boosting PET recycling rates in Kenya from 5% in 2018 to 35% in 2019 via industry efforts to support the PETCO recycling model developed in South Africa. Filings & Reports . 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. 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. endstream endobj startxref This innovation will be available on all Freestyle machines in the U.S. by the end 2020. 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. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. 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 . 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 company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. ET. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. 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. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. To make a difference in people's lives, communities and our planet by doing business the right way. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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.. 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 ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Ambitious goals for sustainable business operations have not been forgotten. 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. 102-54 Claims of reporting in accordance with the GRI . Annual Reviews :: The Coca-Cola Company (KO) Finance Manager Hungary. For comparable net revenues (non-GAAP), the company expects a 2% to 3% currency tailwind based on the current rates and including the impact of hedged positions. 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. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. 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. Join to follow 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. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . The structure of the Sustainability Report 2020 corresponds to the main pillars of Coca-Cola HBC's corporate social responsibility and sustainability, such as reducing emissions and caring for the climate, looking after water and water resources, striving for a world without waste, and an inclusive approach to corporate development. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. 2020 Integrated Report ; Integrated Annual Report Writing a Marketing Plan . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Is Coca Cola helping the environment? Or hurting? Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn The Coca-Cola Company - Encyclopedia Britannica | Britannica 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. 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%. 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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. People matter. Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn This efficient use of input materials help in more than doubling the fruit produce. %PDF-1.6 % Brussels, Brussels Region, Belgium. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Mar 2021 - Present2 years 1 month. Coca-Cola, PepsiCo, Mars Slammed Over Recycling Targets - Business Insider 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. CocaCola . Coca-Cola Company - statistics & facts | Statista 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. 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. TI&Sc Quality and Food Safety Manager. Sophia Chrysopoulou - EU Public Affairs & Government - LinkedIn The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. Introduction to Sustainability Coursera Issued Nov 2020. 2020 - hr.coca-colahellenic.com All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. Explore our Purpose & Vision, History and more. 4761 0 obj <> endobj 2020 World Without Waste | Company Reports - The Coca-Cola Company Investors and Analysts: Tim Leveridge, [email protected], https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. 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 . 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. Back. 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. Enquiries . 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Coca-Cola's Business & ESG Report 2020 CSR Europe