You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . This was partially offset by growth in China, Brazil and Nigeria. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. Is Coca Cola helping the environment? Or hurting? Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 KOF - Integrated Report 2021 - Coca-Cola FEMSA 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 . . 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. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. Similar programs launched in Ethiopia and Tanzania. Sustainability Report 2021 demonstrates the company's progress and . 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. 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. 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. 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. Aisha Sarwari - Director Public Affairs, Communications and 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. 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. To make a difference in people's lives, communities and our planet by doing business the right way. 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. 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. Sustainability | Coca-Cola This efficient use of input materials help in more than doubling the fruit produce. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. 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. July 2020 2021 Business, Environmental, Social & Governance | Company Reports Experienced FMCG Supply Chain professional. Explore our Purpose & Vision, History and more. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. 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. 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 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. Skilled in Corporate Social Responsibility, Public Policy . 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.). 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. 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. Challenging . 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. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn 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. 2017 Annual Review. Annual Reviews :: The Coca-Cola Company (KO) Responsible business | Coca-Cola 2022 The CocaCola Company. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 578 followers 347 connections. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. 2021 Integrated Report; Integrated Annual Report 2020. Sep 2020 - Apr 20218 months. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. 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. eaha@LlQx6. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. 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. Coca-Cola Statistics, Facts, - Market.us 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. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Sustainability | Coca-Cola Europacific Partners 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. Price/mix grew 3% for the quarter, as solid growth in juice and dairy finished-goods brands was partially offset by pressure in the fountain business and away-from-home channels. Water replenishment ratio of 159.9%. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn Lusaka, Zambia 4853 0 obj <>stream Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. . The report highlights progress made on all aspects of business, governance and sustainability during 2020. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . 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 . Coca-Cola Sustainability Strategy - PHDessay.com Operating Review Year Ended December 31, 2020. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. 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. Join to follow The Coca-Cola Company . Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Explore our Purpose & Vision, History and more. 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. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Report this profile Report Report. 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+." ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". Short-Term Experience as Commercialization Manager. Mar 2021 - Present2 years 1 month. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability We are striving to make packaging part of the circular economy, Perez said. 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. However, for readers to have more up-to-date information, we have also included highlights of COVID-19 related humanitarian relief measures that were implemented in 2021. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. %PDF-1.6 % 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. 2020 Integrated Report ; Integrated Annual Report Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Careers; . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Coca-Cola Amatil Ltd - ResponsibilityReports.com 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. 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. To make a difference in people's lives, communities and our planet by doing business the right way. Budapest, Hungary. 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. Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability Coca-Cola HBC ranked Europe's most sustainable Beverage Company We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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.