The Coca-Cola Company in Boydton, VA Expand search. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. 2013 Annual Review . And we will do all of this while maintaining a 100% or more global water replenishment rate.. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of 1.7 billion servings a day. 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. Sustainability Senior Manager - Africa. Apr 2021 - Dec 20221 year 9 months. 102-54 Claims of reporting in accordance with the GRI . endstream
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View Governance. Back Submit. As a result, the company has reinstated guidance and is providing its 2021 outlook. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company The global initiative launched in 2018 focuses on designing, collecting and partnering. Operating Review Year Ended December 31, 2020. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. 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. The Coca-Cola Company - Encyclopedia Britannica | Britannica For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. 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. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) Water replenishment ratio of 159.9%. - 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. 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.. Sophia Chrysopoulou - EU Public Affairs & Government - LinkedIn World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. 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. For comparable net revenues (non-GAAP), the company expects a 2% to 3% currency tailwind based on the current rates and including the impact of hedged positions. This report is the company's maiden sustainability performance disclosure, highlighting the impact the company has created in the community along with the key sustainability initiatives across the value chain, according to a press release. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Coca-Cola Sustainability Strategy - PHDessay.com Coca-Cola in Sri Lanka releases maiden Sustainability Report 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. Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . Join to follow The Coca-Cola Company . 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. Finance Manager Hungary. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. The company continues to strengthen risk assessments and streamline supplier engagement processes. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team With new digital tools available to more people, the report was also created in a unique format offering easier access from smart phones, tablets and other popular mobile devices. Arijit Mitra - Business Development Director at the Africa Operating Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Our CEO James Quincey has made it very clear what our commitment is this commitment and alignment from the very top drives the top-down effect of ensuring the senior leaders of the company are invested in building accountability and leading by example., Coca-Colas Chief Diversity and Inclusion Officer discusses the importance of taking action to create a diverse, safe and equal work environment. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 - The health and safety of our associates have always been our priority. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. 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). Our biggest commitment is to reach carbon neutrality. The Coca-Cola System in India releases Sustainability Update 2020-21 Join to view profile Coca-Cola Beverages Zambia. Financial Results :: The Coca-Cola Company (KO) Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 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. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. In the Company's effort to increase transparency across its broad sustainability platform, this year's Report was created using stakeholder feedback and, for the first time, follows the disclosure and reporting requirements of the Global Reporting Initiative (GRI) to achieve a self-declared grade level "B+." Sustainability | Coca-Cola Nigeria. Anna Lusa Cruz - Short-Term Experience Sustainability - The Coca-Cola Coca-Cola Company - statistics & facts | Statista Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at 0
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. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). By becoming better ourselves, we can help build a stronger, more sustainable future for us all. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. Download report Check report history 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 . Concentrate sales were 4 points ahead of unit case volume, driven by two additional days in the quarter and cycling the timing of shipments in Brazil in the prior year. - 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. ESG :: The Coca-Cola Company (KO) 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. Similar programs launched in Ethiopia and Tanzania. "Our beverages are offered in returnable glass bottles and are 100% recyclable. To make a difference in people's lives, communities and our planet by doing business the right . For the year, the company lost value share in total NARTD beverages due to coronavirus-related restrictions in away-from-home channels, where the company has a strong share position. 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.. Our purpose is to refresh the world and make a difference. 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. 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. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. 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. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Sustainability Report 2021 - gr.coca-colahellenic.com About . Unit case volume declined 3% for the quarter and 6% for the year, as continued strength in at-home channels was more than offset by coronavirus-related pressure in away-from-home channels. 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. 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. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. More than 20% of the companys global portfolio is in refillable or fountain packaging. We aim to create a more sustainable and better shared future. For the year, the company's value share in total NARTD beverages was even as a share gain in the tea and coffee category cluster was offset by share losses in the other category clusters. We are striving to make packaging part of the circular economy, Perez said. 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.. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. ", 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. 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. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Earnings Release See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Short-Term Experience as Commercialization Manager. 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. Operating Review Three Months Ended December 31, 2020. Oluwatobiloba Kajero - Portfolio and Commercialisation Specialist Sustainability | Coca-Cola Europacific Partners 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. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca Sustainability | Coca-Cola See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. PDF Coca-Cola HBC Publishes 2020 Integrated Annual Report Email Alerts. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. According to a recent audit, the industry surpassed this target ahead of schedule (14.6% reduction between 2015 and 2019)., Growing Coca-Cola Zero Sugar volume double digits in North America for the third consecutive year in 2019, while continuing to post double-digit growth of mini can sales., Rolling out 100% recycled PET (rPET) plastic packaging in 18 markets and counting. 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. "Concentrate sales" represents the amount of concentrates, syrups, beverage bases, source waters and powders/minerals (in all instances expressed in equivalent unit cases) sold by, or used in finished beverages sold by, the company to its bottling partners or other customers. 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 . Careers; . While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Explore our Purpose & Vision, History and more. 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. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. "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. 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. This multi-year effort includes addressing internal policies; supporting inclusive legislation (such as the hate-crime bill in Georgia, which was signed into law); committing to spending at least $500 million with Black-owned businesses in the U.S. over the next five years; and awarded $1 million to The Equal Justice Initiative to support communities marginalized by poverty and discouraged by unequal treatment. 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. We act in ways to create a more sustainable and better shared future. 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. 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. July 2020 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. How many drinks does The CocaCola Company sell worldwide each day? Sep 2020 - Apr 20218 months. She has exemplary communication, leadership, innovative and collaborative skills . 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. DuyenMai BuiDang - Public Affairs, Communications, and Sustainability pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. 1K followers . . 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. The Coca-Cola Company Releases First-Ever GRI Report | Press Release Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. Livingstone University. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Therefore, the percent change is not meaningful. 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. To make a difference in people's lives, communities and our planet by doing business the right way. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Lizzie Munsanje - Communications & Sustainability Specialist - Coca See more Sustainability report About this report Only through a comprehensive approach can we make transformational and enduring change. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. <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 . 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.