Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 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. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 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. 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. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. ESG :: The Coca-Cola Company (KO) Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at 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 view profile Coca-Cola Beverages Zambia. 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+." 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. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Human Rights | Coca-Cola European Partners - Coca-Cola Europacific Partners 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. 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. 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. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Apr 2021 - Dec 20221 year 9 months. 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. 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. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. ",Ae)` Rv=D3012=J@g,@ GI Join to follow The Coca-Cola Company . Only through a comprehensive approach can we make transformational and enduring change. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . This button displays the currently selected search type. Report this profile Report Report. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. "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. Mar 2021 - Present2 years 1 month. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. 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. Lagos, Nigeria. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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 . Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Sustainable Agriculture 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. 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. Sep 2020 - Apr 20218 months. Water replenishment ratio of 159.9%. This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. - Committed investments of USD 1.7 Billion to Indias agri-ecosystem along with partners to create a healthy local juice and concentrate supply chain with successful and thriving farming communities and ecosystems. Annual Report. 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. 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. 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. Coca-Cola Europacific Partners - Sustainability-Reports.com We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. 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 first quarter has five additional days compared to first quarter 2020. 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. Developing supply chain management principles to support suppliers through COVID-19 disruptions and uphold food quality, social and environmental standards., Advancing Black representation in leadership roles by boosting investment in leader training and internal pipeline development., Updating recruiting and hiring strategies to deploy tools that assess job postings for bias language, and refreshing interview guides with more inclusive messaging and ensuring all interview panels and slates are diverse.. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. Volume performance included solid growth in sparkling soft drinks in China and India. 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. 2020 World Without Waste | Company Reports - The Coca-Cola Company Gurugram, Haryana, India. Back. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. About . 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. 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. 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. ", 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. 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 . ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners Proxy Statements; Annual Reviews; 2021 Annual Review. 2014 Annual Review. hb```6B 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. 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 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. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Fruit Circular Economy starts with the Unnati program, which is farm-level productivity enhancement by creating a belief among farmers in using Ultra-high to high density fruit plantation coupled with modern Package of Practices (POP). The companys sustainability goals are interlinked.. %PDF-1.6 % 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. 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. Email Alerts. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company The company continues to strengthen risk assessments and streamline supplier engagement processes. A new science-based target aims to reduce the companys absolute carbon emissions by 25% by 2030, against a 2015 baseline, in line with the Paris Agreement Goals. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full-year 2021 results, including another quarter of sequential improvement in volume trends compared to 2019. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. Coca-Cola HBC on LinkedIn: #esg #sustainability #2021spglobalyearbook # Skilled in Corporate Social Responsibility, Public Policy . We act in ways to create a more sustainable and better shared future. Oluwatobiloba Kajero - Portfolio and Commercialisation Specialist 2018 Annual Review. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Arijit Mitra - Business Development Director at the Africa Operating The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . <br> happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. The global initiative launched in 2018 focuses on designing, collecting and partnering. The Coca-Cola System in India releases Sustainability Update 2020-21 The Coca-Cola Company. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Budapest, Hungary. 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. Sustainability :: The Coca-Cola Company (KO) 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. 2020 BUSINESS & ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT This report is a reflection of how, together with our bottling partners, we navigated the COVID-19 crisis as a global business while advancing our environmental, social and governance (ESG) priorities. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team "Unit case volume" means the number of unit cases (or unit case equivalents) of company beverages directly or indirectly sold by the company and its bottling partners to customers or consumers. 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 This efficient use of input materials help in more than doubling the fruit produce. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. "Our beverages are offered in returnable glass bottles and are 100% recyclable. And we will do all of this while maintaining a 100% or more global water replenishment rate.. The report highlights progress made on all aspects of business, governance and sustainability during 2020. Explore our Purpose & Vision, History and more. Menu. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results Operating Review Three Months Ended December 31, 2020. We act in ways to create a more sustainable and better shared future. 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. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Globally, we are the No. 11K followers 500+ connections. 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. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 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. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom <br><br>After finishing . See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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.. As a result, the company has reinstated guidance and is providing its 2021 outlook. Our planet matters. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. Coca-Cola HBC ranked Europe's most sustainable Beverage Company 2019 Annual Review. When expanded it provides a list of search options that will switch the search inputs . Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Annual Reviews :: The Coca-Cola Company (KO) 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. The Coca Cola Impact Report | Pages | WWF - World Wildlife Fund 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. CocaCola . 3 Due to the combination of multiple business models in the Global Ventures segment, the composition of concentrate sales and price/mix may fluctuate materially on a periodic basis. 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). Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. Challenging . Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions This report is the company's maiden sustainability performance disclosure, highlighting the impact the company has created in the community along with the key sustainability initiatives across the value chain, according to a press release. The program impacted more than 1.3 million women in 2019 alone. Coca-Cola Nigeria. 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. 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. Careers; . 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. 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.

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