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. 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. 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. 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. 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. 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. 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. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. How many drinks does The CocaCola Company sell worldwide each day? Annual Reviews. 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. Coca-Cola's brand value from 2006 to 2022 (in billion U.S. dollars) Most sustainable consumer goods companies in the United States in 2020 Most sustainable consumer goods companies in the. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. 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. Explore our Purpose & Vision, History and more. Water replenishment ratio of 159.9%. Reports and Results - KOF 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.. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany 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. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca We act in ways to create a more sustainable and better shared future. 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 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. Introduction to Sustainability Coursera Issued Nov 2020. Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Responsible business | Coca-Cola Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. We act in ways to create a more sustainable and better shared future. 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.. Christine Yeager - Director, PMO Sustainability - The Coca-Cola 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. 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. 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. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners And, for the first time ever, its entire content is available exclusively online. Human Rights | Coca-Cola European Partners - Coca-Cola Europacific Partners This was partially offset by growth in China, Brazil and Nigeria. 1K followers . TI&Sc Quality and Food Safety Manager. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. When expanded it provides a list of search options that will switch the search inputs . Further, the "Investors" section of the website includes certain supplemental information and a reconciliation of non-GAAP financial measures to the companys results as reported under GAAP, which may be used during the call when discussing financial results. 2020 Annual Review. Lottie S. - Digital Workplace Communications Lead - The Coca-Cola The program impacted more than 1.3 million women in 2019 alone. Coca-Cola Bangladesh releases maiden Sustainability Highlights report Volume performance included solid growth in sparkling soft drinks in China and India. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. 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.). 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. The unavailable information could have a significant impact on our full year 2021 reported financial results. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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 . The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. 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. 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. Menu. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. "The progress we made in 2020, including the actions taken to accelerate the transformation of our company, gives us confidence in returning to growth in the year ahead. Comparable currency neutral operating income (non-GAAP) declined 6%, driven by pressure in away-from-home channels in Japan and Australia, partially offset by effective cost management. 2015 Annual Review. eaha@LlQx6. Sustainable Agriculture 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. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. 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. View Governance. . pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands.