Operating Review Three Months Ended December 31, 2020. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. 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.. Budapest, Hungary. Water replenishment ratio of 159.9%. Livingstone University. 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. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. | Learn more about Oluwatobiloba Kajero's work experience, education . Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. . "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. 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. 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 . 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. 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. 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.. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 11K followers 500+ connections. The portal for Sustainability Reporting. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. 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. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Operating Review Year Ended December 31, 2020. 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. endstream endobj startxref We use cookies to provide you with a great experience and to help our website run effectively. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Ambitious goals for sustainable business operations have not been forgotten. 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. All rights reserved. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 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. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. According to a recent audit, the industry surpassed this target ahead of schedule (14.6% reduction between 2015 and 2019)., Growing Coca-Cola Zero Sugar volume double digits in North America for the third consecutive year in 2019, while continuing to post double-digit growth of mini can sales., Rolling out 100% recycled PET (rPET) plastic packaging in 18 markets and counting. 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. Enquiries . 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. 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. 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. eaha@LlQx6. Sep 2020 - Apr 20218 months. 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. 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. 2016 Annual Review. Therefore, the percent change is not meaningful. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. 2017 Annual Review. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. TI&Sc Quality and Food Safety Manager. 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. 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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Our purpose is to refresh the world and make a difference. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Join to view profile Coca-Cola Beverages Zambia. The Netherlands and Norway recently became the second and third markets in Western Europe (after Sweden) to transition to 100% rPET for their entire portfolios.. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. 2022 The CocaCola Company. The company expects to deliver free cash flow (non-GAAP) of at least $8.5 billion through cash flow from operations of at least $10.0 billion and capital expenditures of approximately $1.5 billion. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. In addition to increasing transparency within the content, we have taken a digital approach to make the report more user-friendly and accessible on a variety of mobile devices. In the reconciliation of reported net revenues, "concentrate sales" represents the percent change in net revenues attributable to the increase (decrease) in concentrate sales volume for the geographic operating segments and the Global Ventures operating segment after considering the impact of structural changes. Proxy Statements; Annual Reviews; 2021 Annual Review. Fiscal Year Ended Dec 31, 2020. We act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. We act in ways to create a more sustainable and better shared future. 0 Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. "Price/mix" represents the change in net operating revenues caused by factors such as price changes, the mix of products and packages sold, and the mix of channels and geographic territories where the sales occurred. Increasing total sales globally in 2018 and 2019, while reducing added sugar. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. 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. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Jun 2021 - Present1 year 10 months. The report highlights progress made on all aspects of business, governance and sustainability during 2020. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . Writing a Marketing Plan . 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 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 . Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. 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 . Our purpose is to refresh the world and make a difference. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the 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. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Experienced FMCG Supply Chain professional. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. 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. As a result, the company has reinstated guidance and is providing its 2021 outlook. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. 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. We act in ways to create a more sustainable and better shared future. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. - 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. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. 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.). 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. Gurugram, Haryana, India. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 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. The program impacted more than 1.3 million women in 2019 alone. The organization is on a path to emerge stronger and is positioned for long-term success. 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. 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. Home; Our Brands. 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.. Our purpose is to refresh the world and make a difference. Report this profile Report Report. 1 For Bottling Investments, 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. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. Finance Manager Hungary. Water replenishment ratio of 159.9%. People matter. Financing Agreements; In August, Coca-Cola Beverages Philippines announced an investment of US$22 million in its operations to support its expansion projects and maintain its labor forces. We act in ways to create a more sustainable and better shared future. We continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. 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. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. A track record . Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. This button displays the currently selected search type. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. 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, Achieving the companys water replenishment goal to return 100% of water used annually by 2020 in 2015, five years ahead of schedule., Returning the equivalent of 160% of water used in finished beverages back to communities and nature as of 2019. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Annual Report. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team 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. 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. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. 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. When expanded it provides a list of search options that will switch the search inputs . Explore our Purpose & Vision, History and more. 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. 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). Explore our Purpose & Vision, History and more. 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. Annual Reviews. 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. Explore our Purpose & Vision, History and more. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. 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. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. 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. 2018 Annual Review. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . Lagos, Nigeria. Skilled in Corporate Social Responsibility, Public Policy . Sustainability Report 2021 demonstrates the company's progress and . 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Download report Check report history Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. The first quarter has five additional days compared to first quarter 2020. 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. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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 .

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