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. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. Lusaka, Zambia 2019 Annual Review. 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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. Similar programs launched in Ethiopia and Tanzania. 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. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. Additionally, the company is constantly reducing the use of . 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. Mar 2021 - Present2 years 1 month. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. The Netherlands and Norway recently became the second and third markets in Western Europe (after Sweden) to transition to 100% rPET for their entire portfolios.. "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. Our sustainability strategy guides how we support and engage the remarkable people behind our brands, from farmers and employees to the communities we call home, and delivers on our commitments to safeguard the health of the environment. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Volume performance included solid growth in sparkling soft drinks in China and India. To make a difference in people's lives, communities and our planet by doing business the right . 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 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. The first quarter has five additional days compared to first quarter 2020. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 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. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. 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. 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 . The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. 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. <br> Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. An audio replay in downloadable digital format and a transcript of the call will be available on the website within 24 hours following the call. 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. 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. 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. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. Bea Perez, SVP and Chief Communications, Sustainability & Strategic Partnerships Officer, and Lori Billingsley, Chief Diversity & Inclusion Officer, shared a detailed progress report on the companys key sustainability goals and initiatives, which are anchored by its refreshed purpose and closely aligned with its business strategy. 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. Plastics This button displays the currently selected search type. About . 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. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. 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. Brussels, Brussels Region, Belgium. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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 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. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. 2022 The CocaCola Company. Our purpose is to refresh the world and make a difference. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. - Foundation, Anandana, has set up 300+ water replenishment structures with a potential of replenishing 14 billion liters of water which has further benefitted more than 1 Million community members. Operating Review Year Ended December 31, 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 . Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. 2015 Annual Review. I actively engage with stakeholders to strengthen The Coca-Cola Company's impact and deliver value to the business across Texas and other centrally located states in the U.S. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. 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.. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. People matter. To make a difference in people's lives, communities and our planet by doing business the right way. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. 2020 Annual Review. Sustainability Senior Manager - Africa. We aim 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. The program impacted more than 1.3 million women in 2019 alone. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. 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. Back. endstream endobj startxref Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. To make a difference in people's lives, communities and our planet by doing business the right way. 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 . 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.. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Careers; . Skilled in Corporate Social Responsibility, Public Policy . The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating.
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