Operating Review Three Months Ended December 31, 2020. We continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. 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 portal for Sustainability Reporting. 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. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. May 2020 - Jun 2022 2 years 2 months. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 2019 Annual Review. How many drinks does The CocaCola Company sell worldwide each day? 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. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. ", 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. Atlanta, Georgia, United States. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. 2016 Annual Review. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. 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 . 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. 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. TI&Sc Quality and Food Safety Manager. - The health and safety of our associates have always been our priority. Similar programs launched in Ethiopia and Tanzania. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. More than 20% of the companys global portfolio is in refillable or fountain packaging. A track record . The unavailable information could have a significant impact on our full year 2021 reported financial results. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." "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. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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. 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. 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. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. 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. 578 followers 347 connections. As of the end of 2010, we had achieved 93 percent alignment, and by the end of 2011 we estimate 96 percent alignment with our stringent standards. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn 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. Annual Report. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Creating a $100 million fund with The Recycling Partnership, Closed Loop Partners and World Wildlife Fund in the U.S. to reclaim more plastic bottles so they can be remade into new bottles. | Learn more about Oluwatobiloba Kajero's work experience, education . 2013 Annual Review . Our biggest commitment is to reach carbon neutrality. Explore our Purpose & Vision, History and more. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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 Explore our Purpose & Vision, History and more. Note: Certain rows may not add due to rounding. Our planet matters. Earnings Release Since 2000, our average calories per serving decreased by 9 percent globally. We aim to create a more sustainable and better shared future. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. ",Ae)` Rv=D3012=J@g,@ GI 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. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. The. Jun 2021 - Present1 year 10 months. All rights reserved. The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. All rights reserved. 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. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. 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. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. 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). Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Challenging . But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Fiscal Year Ended Dec 31, 2020. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team 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.

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