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. Since 2000, our average calories per serving decreased by 9 percent globally. "In 2020, employees from across The Coca-Cola Company and its bottling system worked tirelessly to learn and adapt amidst a global crisis," said James Quincey, chairman and CEO of The Coca-Cola Company. 2019 Annual Review. TI&Sc Quality and Food Safety Manager. Similar programs launched in Ethiopia and Tanzania. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . | Learn more about Oluwatobiloba Kajero's work experience, education . For the fiscal year ending on Decembr 31 each year, presented to the Mexican Stock Exchange Download report Check report history GREEN BOND REPORT 2021 Our green bond reports on the green bond issued September 2020. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. As of December 31, 2021, Coca-Cola FEMSA had allocated US$350.12 million of green bond net proceeds to projects supporting climate action, water stewardship, and a circular economy. 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. As a result, the company has reinstated guidance and is providing its 2021 outlook. 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. Lagos, Nigeria. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Download report Check report history Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. The. The portal for Sustainability Reporting. Report this profile Report Report. 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. 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. May 2020 - Jun 2022 2 years 2 months. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Filings & Reports . Sustainable Development Reports | Swire Coca-Cola Sustainability Overview Planet Product People SD Reports Sustainable Development Reports Further details of our environmental and social performance are outlined in our Sustainability Report. 2018 Annual Review. All rights reserved. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 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. Annual Reviews. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The companys sustainability goals are interlinked.. Email Alerts. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. . "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. 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. Coca-Cola HBC AG . Our goal is to create closed loop systems, extracting the maximum value from materials and products while in use, and then recovering and recycling them.. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. 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. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. 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. eaha@LlQx6. Back Submit. Comparable net revenues (non-GAAP) are expected to include a minimal currency impact based on the current rates and including the impact of hedged positions. 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 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. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Join to follow The Coca-Cola Company . Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. The company expects to deliver free cash flow (non-GAAP) of at least $8.5 billion through cash flow from operations of at least $10.0 billion and capital expenditures of approximately $1.5 billion. 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. <br><br>After finishing . Challenging . Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany 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. - The health and safety of our associates have always been our priority. 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 . Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 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. - 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. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. Led byCoca-Cola, the world's most valuable brand, our Company's portfolio features 15 billion dollar brands including Diet Coke, Fanta, Sprite,Coca-ColaZero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. 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. Operating Review Three Months Ended December 31, 2020. Operating Review Year Ended December 31, 2020. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. 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. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. 2014 Annual Review. 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. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. 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. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 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. Through our strategy of Reduce, Recycle and Replenish, we exceeded our 2020 replenish goal - our water usage ratio was 1.73 liters of water per litre of beverage produced a reduction of 32.4% since 2010. 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. This efficient use of input materials help in more than doubling the fruit produce. 2015 Annual Review. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. Water replenishment ratio of 159.9%. "Our beverages are offered in returnable glass bottles and are 100% recyclable. 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. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. 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. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . The first quarter has five additional days compared to first quarter 2020. How many drinks does The CocaCola Company sell worldwide each day? Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. 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 . "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. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. <br><br>While serving in these organizations, I have led high-performing teams and provided strategic leadership in: strategic communications, leadership and internal communications, stakeholder and community management, corporate . 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. 1K followers . This year's report also received verification by a third party agency, indicating the agency's approval of tracking systems, resulting in an overall B+ grade. Learn all about our sustainability initiatives. %%EOF Sustainability Report 2021 demonstrates the company's progress and . Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. For the Bottling Investments operating segment for the fourth quarter, 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. 2013 Annual Review . Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Courtesy of Coca-Cola The impact speaks for itself: A 2020 report from Break Free From Plastic collected 13,834 pieces of Coca-Cola-branded waste across 51 countriesmore than the. 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. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. 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. Unit case volume declined 7% for the quarter, primarily due to the impact of the coronavirus pandemic across key markets and adverse weather in Southeast Asia. 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. 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 ", Business Environment and Strategic Actions Update. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. To make a difference in people's lives, communities and our planet by doing business the right way. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. 2016 Annual Review. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. Joining an industry initiative in Europe to reduce added sugars by 10% by 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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. Annual Report. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. We act in ways to create a more sustainable and better shared future. 2022 The CocaCola Company. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. And, for the first time ever, its entire content is available exclusively online. The unavailable information could have a significant impact on our full year 2021 reported financial results. 0 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. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. 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. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Writing a Marketing Plan . By becoming better ourselves, we can help build a stronger, more sustainable future for us all. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . 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. All rights reserved. 2020 Integrated Report ; Integrated Annual Report 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. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. 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 program impacted more than 1.3 million women in 2019 alone. . Therefore, the percent change is not meaningful. Plastics We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. Volume performance included solid growth in sparkling soft drinks in China and India. 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. 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.