coca cola company sustainability report 2020

Challenging . 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. Sustainability Report 2021 demonstrates the company's progress and . We act in ways to create a more sustainable and better shared future. The company is hosting a conference call with investors and analysts to discuss fourth quarter and full year 2020 operating results today, Feb. 10, 2021, at 8:30 a.m. 4761 0 obj <> endobj Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). endstream endobj startxref Our purpose is to refresh the world and make a difference. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. 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. 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). 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Annual Report. 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. Explore our Purpose & Vision, History and more. Sustainable Development Reports | Swire Coca-Cola The Coca-Cola Company Releases First-Ever GRI Report | Press Release Coca-Cola, PepsiCo, Mars Slammed Over Recycling Targets - Business Insider 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. Since 2000, our average calories per serving decreased by 9 percent globally. Enquiries . . Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Coca-Cola HBC AG . Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. 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 declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. Jun 2021 - Present1 year 10 months. 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. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn Our purpose is to refresh the world and make a difference. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . Oluwatobiloba Kajero - Portfolio and Commercialisation Specialist 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. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Join to follow The Coca-Cola Company . 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. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. Back Submit. 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. 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.. In 2010, we improved our water use efficiency for the eighth consecutive year, reducing the average amount of water required to produce each beverage serving. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 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 . "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. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. Sustainability | Coca-Cola Nigeria. eaha@LlQx6. 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. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. KOF - Integrated Report 2021 - Coca-Cola FEMSA Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 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. 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 company can't pursue plastic-free bottles, as their customers enjoy their convenience. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Fiona Loh, IHRP-CA - Strategic Business Partner (Enabling functions We are striving to make packaging part of the circular economy, Perez said. 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. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". We use cookies to provide you with a great experience and to help our website run effectively. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. The company also provided an update on its strategic transformation initiatives. 2014 Annual Review. The company continues to strengthen risk assessments and streamline supplier engagement processes. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany Our purpose is to refresh the world and make a difference. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. Ambitious goals for sustainable business operations have not been forgotten. The structure of the Sustainability Report 2020 corresponds to the main pillars of Coca-Cola HBC's corporate social responsibility and sustainability, such as reducing emissions and caring for the climate, looking after water and water resources, striving for a world without waste, and an inclusive approach to corporate development. In the reconciliation of reported net revenues, "concentrate sales" represents the percent change in net revenues attributable to the increase (decrease) in concentrate sales volume for the geographic operating segments and the Global Ventures operating segment after considering the impact of structural changes. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. 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. While near-term uncertainty remains, we are well-positioned to emerge stronger from the crisis, driven by our purpose and our beverages for life ambition. Email Alerts. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. 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 . Therefore, the percent change is not meaningful. Our biggest commitment is to reach carbon neutrality. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. COCA-COLA RELEASES 2020 SUSTAINABILITY REPORT, THIS TIME IT'S - Dom 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. 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. Coca-Cola Statistics, Facts, - Market.us We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. Livingstone University. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. More than 20% of the companys global portfolio is in refillable or fountain packaging. 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 Christina Chaida - Innovation & Supply Chain Junior Project - LinkedIn Sustainability Report 2021 - gr.coca-colahellenic.com The news was disclosed in S&P Global's Annual Yearbook, which confirms the 2021 Dow Jones Sustainability Index (DJSI), one of the world's leading . Join to follow The Coca-Cola Company . The Coca-Cola Company on LinkedIn: #employerbranding #oficinas # Annual Reviews :: The Coca-Cola Company (KO) 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. 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. ", Business Environment and Strategic Actions Update. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Christine Yeager - Director, PMO Sustainability - The Coca-Cola Company Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. And, for the first time ever, its entire content is available exclusively online. 2020 Annual Review. Brussels, Brussels Region, Belgium. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Explore our Purpose & Vision, History and more. 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. Earnings Release Our purpose is to refresh the world and make a difference. 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. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. The. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. "Price/mix" represents the change in net operating revenues caused by factors such as price changes, the mix of products and packages sold, and the mix of channels and geographic territories where the sales occurred. Coca-Cola Bangladesh releases maiden Sustainability Highlights report We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Additionally, the company is constantly reducing the use of . Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn Sustainability Report for 2020 - cch Hungary In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Sustainability :: The Coca-Cola Company (KO) Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. - The health and safety of our associates have always been our priority. 2021 Integrated Report; Integrated Annual Report 2020. 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. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. 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. Reformulating nearly 1,000 beverages from 2017 to 2019. 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. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. Coca-Cola HBC on LinkedIn: #esg #sustainability #2021spglobalyearbook #

Glendale Az Chocolate Festival 2022, Lawrence Taylor Bench Press, How To Ask For Prayers Without Giving Details, 2 Bedroom Apartments In Fresno, Ca Under $800, Articles C