Our purpose is to refresh the world and make a difference. 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. Therefore, the percent change is not meaningful. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Coca-Cola Nigeria. Our purpose is to refresh the world and make a difference. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 578 followers 347 connections. Explore our Purpose & Vision, History and more. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 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. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Finance Manager Hungary. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. 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. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. 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. Enquiries . 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. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. May 2020 - Jun 2022 2 years 2 months. 4800 0 obj <>/Filter/FlateDecode/ID[<0BAA659A84D44741B6685DA836576184><052C9A4B0CCFD44A8B1721E43F16254A>]/Index[4761 93]/Info 4760 0 R/Length 163/Prev 876078/Root 4762 0 R/Size 4854/Type/XRef/W[1 3 1]>>stream 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. Reformulating nearly 1,000 beverages from 2017 to 2019. The unavailable information could have a significant impact on our full year 2021 reported financial results. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. 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. 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. We use cookies to provide you with a great experience and to help our website run effectively. . 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. And we will do all of this while maintaining a 100% or more global water replenishment rate.. View Governance. For the year, the company lost value share in total NARTD beverages, primarily due to share losses across most category clusters, partially offset by a share gain in sparkling soft drinks. 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. All rights reserved. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 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. Back Submit. Investors and Analysts: Tim Leveridge,
[email protected], https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. 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. Note: Certain rows may not add due to rounding. 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. Careers; . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 2020 Annual Review. ", 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. The Coca-Cola Company. 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. Unit case volume declined 7% for the quarter, as strong growth in sparkling soft drinks in at-home channels along with growth in AHA, fairlife and Powerade Zero was more than offset by a decline in the fountain business. 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 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'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. "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. Explore our Purpose & Vision, History and more. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. "Our beverages are offered in returnable glass bottles and are 100% recyclable. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Company Provides 2022 Financial Outlook. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. The portal for Sustainability Reporting. 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. 2018 Annual Review. 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Sustainable Agriculture Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. Volume performance included solid growth in sparkling soft drinks in China and India. 102-54 Claims of reporting in accordance with the GRI . At The Coca-Cola Company, we strive to use our leadership to be part of the solution to achieve positive change in the world and to build a more sustainable future for our planet. Join to view profile Coca-Cola Beverages Zambia. She has exemplary communication, leadership, innovative and collaborative skills . The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. 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. Writing a Marketing Plan . 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. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The company invites participants to listen to a live webcast of the conference call on the companys website, http://www.coca-colacompany.com, in the "Investors" section. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. 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. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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.