The company can't pursue plastic-free bottles, as their customers enjoy their convenience. See more Sustainability report About this report Ambitious goals for sustainable business operations have not been forgotten. Lottie S. - Digital Workplace Communications Lead - The Coca-Cola 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. 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. During my studies I have completed a lot of projects (in and out of the lab) working with other people and developed my skills in solving different problems. - The health and safety of our associates have always been our priority. The first quarter has five additional days compared to first quarter 2020. Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn 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. PDF Coca-Cola HBC Publishes 2020 Integrated Annual Report 2020 Business, Environmental, Social & Governance - The Coca-Cola Company We aim to create a more sustainable and better shared future. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. 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. 2014 Annual Review. Filings & Reports . | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. Sophia Chrysopoulou - EU Public Affairs & Government - LinkedIn Our purpose is to refresh the world and make a difference. 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 . ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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.. Proxy Statements; Annual Reviews; 2021 Annual Review. Report this profile Report Report. 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. Therefore, the percent change is not meaningful. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom 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. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. KOF - Integrated Report 2021 - Coca-Cola FEMSA 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. The companys sustainability goals are interlinked.. To make a difference in people's lives, communities and our planet by doing business the right way. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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.. Sep 2020 - Apr 20218 months. Reports and Results - KOF Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. Coca-Cola HBC ranked Europe's most sustainable Beverage Company 2015 Annual Review. Careers; . This button displays the currently selected search type. We act in ways to create a more sustainable and better shared future. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . As a result, the company has reinstated guidance and is providing its 2021 outlook. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions . Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 2013 Annual Review . Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners Finance Manager Hungary. The Coca Cola Impact Report | Pages | WWF - World Wildlife Fund While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. Learn all about our sustainability initiatives. 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 declined 7% for the quarter, primarily due to the impact of the coronavirus pandemic across key markets and adverse weather in Southeast Asia. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. "Our beverages are offered in returnable glass bottles and are 100% recyclable. To make a difference in people's lives, communities and our planet by doing business the right . Budapest, Hungary. Explore our Purpose & Vision, History and more. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. 11K followers 500+ connections. 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 Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . 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. 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 Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability "Our beverages are offered in returnable glass bottles and are 100% recyclable. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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 planet matters. 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. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Enquiries . Feb 2021 - Present2 years 2 months. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Bea Perez, SVP and Chief Communications, Sustainability & Strategic Partnerships Officer, and Lori Billingsley, Chief Diversity & Inclusion Officer, shared a detailed progress report on the companys key sustainability goals and initiatives, which are anchored by its refreshed purpose and closely aligned with its business strategy. 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 purpose is to refresh the world and make a difference. The. endstream endobj startxref And we will do all of this while maintaining a 100% or more global water replenishment rate.. A strong business leader with a growth mindset with 30 years' experience having managed large businesses at a P&L level, both in India & international markets, and functional roles at Regional and National level in a large multinational environment.<br><br>My core strength is in Operations and People Leadership and have delivered signature achievements in the multiple business leadership . "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 company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . Coca-Cola Amatil Ltd - ResponsibilityReports.com The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. ESG :: The Coca-Cola Company (KO) Concentrate sales were 3 points ahead of unit case volume, primarily due to two additional days in the quarter (a 2-point benefit) and cycling the Brexit-related inventory reduction in the prior year. 4761 0 obj <> endobj 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 We are striving to make packaging part of the circular economy, Perez said. 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. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 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. . Join to follow The Coca-Cola Company . 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%. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. Comparable currency neutral operating income (non-GAAP) grew 14% for the quarter and was even for the year, driven by effective cost management across operating groups offset by top-line pressure due to the coronavirus pandemic. 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. Livingstone University. The company continues to strengthen risk assessments and streamline supplier engagement processes. In 2020, Coca-Cola pledged over Rs.70 million through its COVID-19 response program where it donated test kits to the Ministry of Health, essential packs to communities that needed it the most and conducted disinfection programs in multiple local communities. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. 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. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. 578 followers 347 connections. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Supply Chain Manager - The Coca-Cola Company - LinkedIn We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. In 2020, built on this by joining the U.S. Plastics Pact to galvanize action beyond the beverage industry to ensure that all plastic packaging gets collected.. 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.. 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 Investors Contact Our human rights journey November 2020 Listed on the Dow Jones Sustainability Index for a fifth year (one of just four beverage companies to be listed on the DJSI World Index and one of three to be listed on the DJSI Europe Index). 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. 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 use cookies to provide you with a great experience and to help our website run effectively. Experienced FMCG Supply Chain professional. First quarter 2020 financial results were impacted by one less day as compared to the same period in 2019, and fourth quarter 2020 financial results were impacted by two additional days as compared to the same period in 2019. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. 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.