coca cola company sustainability report 2020

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. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Global Unit Case Volume Declined 3% for the Quarter and 6% for the Full Year, Net Revenues Declined 5% for the Quarter and 11% for the Full Year; Organic Revenues (Non-GAAP) Declined 3% for the Quarter and 9% for the Full Year, Operating Income Grew 8% for the Quarter and Declined 11% for the Full Year; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% for the Quarter and Was Even for the Full Year, Fourth Quarter EPS Declined 29% to $0.34, and Comparable EPS (Non-GAAP) Grew 6% to $0.47; Full Year EPS Declined 13% to $1.79, and Comparable EPS (Non-GAAP) Declined 8% to $1.95, Cash from Operations Was $9.8 Billion for the Full Year, Down 6%; Full Year Free Cash Flow (Non-GAAP) Was $8.7 Billion, Up 3%. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. We act in ways to create a more sustainable and better shared future. 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. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Coca-Cola HBC ranked Europe's most sustainable Beverage Company Reformulating nearly 1,000 beverages from 2017 to 2019. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn Back. ESG | Coca-Cola European Partners - Coca-Cola Europacific Partners 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. 1K followers . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 2022 The CocaCola Company. 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. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Writing a Marketing Plan . 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. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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. Also in 2010, our system increased production volume while reducing global carbon emissions by 2 percent, putting us a step closer to our goal of growing our business but not our carbon footprint. Our planet matters. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site Download report Check report history 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. "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. ET. 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. 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. About . 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 Responsible business | Coca-Cola The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. 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. KOF - Integrated Report 2021 - Coca-Cola FEMSA 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. 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. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany 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. PDF GRI SASB TCFD SDGs - The Coca-Cola Company Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Annual Reviews :: The Coca-Cola Company (KO) The Coca-Cola Company in Boydton, VA Expand search. A strong business leader with a growth mindset with 30 years' experience having managed large businesses at a P&L level, both in India & international markets, and functional roles at Regional and National level in a large multinational environment.<br><br>My core strength is in Operations and People Leadership and have delivered signature achievements in the multiple business leadership . When expanded it provides a list of search options that will switch the search inputs . This button displays the currently selected search type. Careers; . Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Coca-Cola in Sri Lanka releases maiden Sustainability Report As a result, the company has reinstated guidance and is providing its 2021 outlook. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. Our purpose is to refresh the world and make a difference. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Budapest, Hungary. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola The report highlights progress made on all aspects of business, governance and sustainability during 2020. %PDF-1.6 % Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. 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. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. Christine Yeager - Director, PMO Sustainability - The Coca-Cola Company 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. Introduction to Sustainability Coursera Issued Nov 2020. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. The Coca-Cola System in India releases Sustainability Update 2020-21 ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. TI&Sc Quality and Food Safety Manager. Join to follow The Coca-Cola Company . The portal for Sustainability Reporting. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca People matter. 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 . hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) KOF - Integrated Report 2021 - Coca-Cola FEMSA 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. And, for the first time ever, its entire content is available exclusively online. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. 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, Achieving the companys water replenishment goal to return 100% of water used annually by 2020 in 2015, five years ahead of schedule., Returning the equivalent of 160% of water used in finished beverages back to communities and nature as of 2019. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability.