A track record . Explore our Purpose & Vision, History and more. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. 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. 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. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. The company is not able to reconcile full year 2021 projected organic revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected comparable net revenues (non-GAAP) to full year 2021 projected reported net revenues, full year 2021 projected underlying effective tax rate (non-GAAP) to full year 2021 projected reported effective tax rate or full year 2021 projected comparable EPS (non-GAAP) to full year 2021 projected reported EPS without unreasonable efforts because it is not possible to predict with a reasonable degree of certainty the actual impact of changes in foreign currency exchange rates; the exact timing and amount of acquisitions, divestitures and/or structural changes; and the exact timing and amount of comparability items throughout 2021. ", 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. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. 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. Proxy Statements; Annual Reviews; 2021 Annual Review. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. | Learn more about Oluwatobiloba Kajero's work experience, education . 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.. 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. 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. 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. Lusaka, Zambia 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. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. Join to view profile Coca-Cola Beverages Zambia. Email Alerts. Budapest, Hungary. hb```6B Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. 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 health and safety of our associates have always been our priority. The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes. Our purpose is to refresh the world and make a difference. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . Brussels, Brussels Region, Belgium. 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. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 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. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. 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. Report this profile Report Report. 2020 Integrated Report ; Integrated Annual Report 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. Our Sustainability Stakeholder Report contains a full year of data from 1 January, 2021 to 31 December, 2021 and covers our global business operations in Europe and API. 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.. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. For the year, the company's value share in total NARTD beverages was even as a share gain in the tea and coffee category cluster was offset by share losses in the other category clusters. Coca-Cola HBC AG . Gurugram, Haryana, India. Back Submit. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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. 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. 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 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 . Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. 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. 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.. . Explore our Purpose & Vision, History and more. Our sustainability strategy guides how we support and engage the remarkable people behind our brands, from farmers and employees to the communities we call home, and delivers on our commitments to safeguard the health of the environment. Sep 2020 - Apr 20218 months. Globally, we are the No. Note: Certain rows may not add due to rounding. Our purpose is to refresh the world and make a difference. Feb 2021 - Present2 years 2 months. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. The company also provided an update on its strategic transformation initiatives. Explore our Purpose & Vision, History and more. Through early February 2021, the company has experienced a volume decline of mid single digits globally, with continued elevated levels of sales in at-home channels being more than offset by pressure in away-from-home channels. 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. 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. The Coca-Cola Company. 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). . As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Short-Term Experience as Commercialization Manager. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. Join to follow The Coca-Cola Company . Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Jun 2021 - Present1 year 10 months. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. 2022 The CocaCola Company. 0 Our biggest commitment is to reach carbon neutrality. 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. Lagos, Nigeria. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. This efficient use of input materials help in more than doubling the fruit produce. Water, enhanced water and sports drinks declined 9% for the quarter and 11% for the year, led by a broad-based decline across operating groups, primarily due to a decline in lower-margin water brands. 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. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. 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. Finance Manager Hungary. Our purpose is to refresh the world and make a difference. 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 "In 2020, employees from across The Coca-Cola Company and its bottling system worked tirelessly to learn and adapt amidst a global crisis," said James Quincey, chairman and CEO of The Coca-Cola Company. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. We are striving to make packaging part of the circular economy, Perez said. 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. To make a difference in people's lives, communities and our planet by doing business the right . 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. 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. 11K followers 500+ connections. 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. Earnings Release 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. All rights reserved. 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. 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 . 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. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. The companys sustainability goals are interlinked.. The report highlights progress made on all aspects of business, governance and sustainability during 2020. 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.. The organization is on a path to emerge stronger and is positioned for long-term success. <br> Given the above considerations, the company expects to deliver comparable EPS (non-GAAP) percentage growth of high single digits to low double digits versus $1.95 in 2020. To make a difference in people's lives, communities and our planet by doing business the right way. 102-54 Claims of reporting in accordance with the GRI . COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. This does not include any potential payments related to the ongoing tax litigation with the IRS. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 578 followers 347 connections. We act in ways to create a more sustainable and better shared future. 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. 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. Concentrate sales were 1 point ahead of unit case volume, driven by two additional days in the quarter partially offset by the timing of shipments. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. TI&Sc Quality and Food Safety Manager. Additionally, the company is constantly reducing the use of . 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). Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. 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. We aim to create a more sustainable and better shared future. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . 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 . 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. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. Learn all about our sustainability initiatives. July 2020 Home; Our Brands. Company Provides 2022 Financial Outlook. 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. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 2013 Annual Review . 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.. 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 . Creating a $100 million fund with The Recycling Partnership, Closed Loop Partners and World Wildlife Fund in the U.S. to reclaim more plastic bottles so they can be remade into new bottles. 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. And we will do all of this while maintaining a 100% or more global water replenishment rate.. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. Fiscal Year Ended Dec 31, 2020. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. About . TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 2022 The CocaCola Company. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. endstream endobj startxref For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. People matter. Report. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. We exceeded our goal to give back at least 1 percent of our operating income to communities worldwide through TheCoca-ColaCompany and TheCoca-ColaFoundation in 2010 by giving $102 million. See more Sustainability report About this report 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. 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. Apr 2021 - Dec 20221 year 9 months. Sustainable Agriculture ",Ae)` Rv=D3012=J@g,@ GI 4761 0 obj <> endobj Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. Operating Review Year Ended December 31, 2020. All rights reserved. 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. 2020 Annual Review. 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.
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