coca cola company sustainability report 2020
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. 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.. Sustainability Report 2021 demonstrates the company's progress and . Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. 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. 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. And we will do all of this while maintaining a 100% or more global water replenishment rate.. 578 followers 347 connections. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. The company also provided an update on its strategic transformation initiatives. All volume percentage changes are computed based on average daily sales for the fourth quarter, unless otherwise noted, and are computed on a reported basis for the full year. 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. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. To make a difference in people's lives, communities and our planet by doing business the right way. 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, 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. 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%. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. 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. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. 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. 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. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. To make a difference in people's lives, communities and our planet by doing business the right way. 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. 0 Our planet matters. 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. 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. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. Menu. Our purpose is to refresh the world and make a difference. Lusaka, Zambia When expanded it provides a list of search options that will switch the search inputs . "Our beverages are offered in returnable glass bottles and are 100% recyclable. The unavailable information could have a significant impact on our full year 2021 reported financial results. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 11K followers 500+ connections. 2020 Annual Review. Operating Review Three Months Ended December 31, 2020. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Our purpose is to refresh the world and make a difference. <br> 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. Join to view profile Coca-Cola Beverages Zambia. Globally, we are the No. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Challenging . 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. Annual Report. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. 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 TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. 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. 1K followers . 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. ",Ae)` Rv=D3012=J@g,@ GI Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 1 For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume after considering the impact of structural changes. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system employees.For more information, visitwww.coca-colacompany.com, follow us on Twitter attwitter.com/CocaColaCo, or find us on LinkedIn atwww.linkedin.com/company/the-coca-cola-company., 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, www.linkedin.com/company/the-coca-cola-company. Sep 2020 - Apr 20218 months. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. For the year, the company lost value share in total NARTD beverages due to coronavirus-related restrictions in away-from-home channels, where the company has a strong share position. 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. This year's report also received verification by a third party agency, indicating the agency's approval of tracking systems, resulting in an overall B+ grade. Oluwatobiloba is an experienced professional skilled in managing and monitoring market trends, driving strategic brand development and executing campaigns and ensuring marketing activities ultimately drive profitable business growth. 2017 Annual Review. 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. Short-Term Experience as Commercialization Manager. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. The portal for Sustainability Reporting. Organic revenues (non-GAAP) declined 17%. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. 2022 The CocaCola Company. Join to follow The Coca-Cola Company . 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 increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. 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. 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. Join to follow The Coca-Cola Company . eaha@LlQx6. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. . Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. Skilled in Corporate Social Responsibility, Public Policy . Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. The first quarter has five additional days compared to first quarter 2020. This button displays the currently selected search type. 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. 2013 Annual Review . Back Submit. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 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 aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. ET. Home; Our Brands. Atlanta, Georgia, United States. 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. Volume performance included solid growth in sparkling soft drinks in China and India. Enquiries . 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. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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. We act in ways to create a more sustainable and better shared future. 2016 Annual Review. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Unit case volume grew 2% for the quarter, led by solid performance in sparkling soft drinks in Brazil, partially offset by a decline in away-from-home channels in Mexico. 4761 0 obj <> endobj 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. 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. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. 4853 0 obj <>stream | Learn more about Oluwatobiloba Kajero's work experience, education . The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. "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 Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. <br><br>After finishing . Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. The company continues to strengthen risk assessments and streamline supplier engagement processes. Company Provides 2022 Financial Outlook. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. We committed to include calorie information on the front of nearly all our packages by the end of 2011 and have a physical activity program in 100 countries toward our goal to have one in every country in which we operate by 2015. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Coca-Cola is a globally distributed brand with products that contribute to the obesity epidemic, the plastic pollution crisis, and water scarcity in vulnerable communities, all of which harm. 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. 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. Earnings Release 2022 The CocaCola Company. 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.
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