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. 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. The portal for Sustainability Reporting. 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. 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. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. %%EOF "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. 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.. Annual Reviews. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. 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. And we will do all of this while maintaining a 100% or more global water replenishment rate.. 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. Filings & Reports . Sustainable Agriculture Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. About . Sustainability Report 2021 demonstrates the company's progress and . Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. We aim to create a more sustainable and better shared future. Experienced FMCG Supply Chain professional. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Volume performance included solid growth in sparkling soft drinks in China and India. When expanded it provides a list of search options that will switch the search inputs . Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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). In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. The unavailable information could have a significant impact on our full year 2021 reported financial results. Our purpose is to refresh the world and make a difference. Join to view profile Coca-Cola Beverages Zambia. This button displays the currently selected search type. 0 This does not include any potential payments related to the ongoing tax litigation with the IRS. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. . The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. 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.. ", 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. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. Proxy Statements; Annual Reviews; 2021 Annual Review. Jun 2021 - Present1 year 10 months. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. Plastics The company continues to strengthen risk assessments and streamline supplier engagement processes. Mar 2021 - Present2 years 1 month. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. . 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 . In 2010, we distributed 2.5 billion PlantBottle packages in 10 major markets, saving more than 60,000 barrels of oil and sequestering the equivalent of nearly 30,000 metric tons of carbon dioxide from our PET plastic bottles. Report. 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 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. 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. All rights reserved. All rights reserved. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . 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. Challenging . Lagos, Nigeria. 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. This efficient use of input materials help in more than doubling the fruit produce. hb```6B 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. 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. Join to follow The Coca-Cola Company . ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . 11K followers 500+ connections. 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. In the Company's effort to increase transparency across its broad sustainability platform, this year's Report was created using stakeholder feedback and, for the first time, follows the disclosure and reporting requirements of the Global Reporting Initiative (GRI) to achieve a self-declared grade level "B+." We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. | Learn more about Oluwatobiloba Kajero's work experience, education . Company Provides 2022 Financial Outlook. <br><br>While serving in these organizations, I have led high-performing teams and provided strategic leadership in: strategic communications, leadership and internal communications, stakeholder and community management, corporate . Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. We act in ways to create a more sustainable and better shared future. 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.. 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. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . The program impacted more than 1.3 million women in 2019 alone. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company 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. A track record . 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. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. %PDF-1.6 % 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. ",Ae)` Rv=D3012=J@g,@ GI Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization.
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