coca cola company sustainability report 2020

happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. All rights reserved. Since 2012, this work has added up to more than 1.5 trillion liters of freshwater returned to the environment and communities., Delivering an 18% improvement in water use efficiency in operations since 2010.. We use cookies to provide you with a great experience and to help our website run effectively. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. 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. Menu. 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. We act in ways to create a more sustainable and better shared future. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Coca-Cola HBC AG . The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. The Coca-Cola System in India releases Sustainability Update 2020-21 ", 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. 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.. hb```6B 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. 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.. 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+." "Our beverages are offered in returnable glass bottles and are 100% recyclable. Sustainable Agriculture Sustainability | Coca-Cola Europacific Partners Water, enhanced water and sports drinks declined 9% for the quarter and 11% for the year, led by a broad-based decline across operating groups, primarily due to a decline in lower-margin water brands. 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 Releases First-Ever GRI Report | Press Release . The Coca-Cola Company in Boydton, VA Expand search. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Oluwatobiloba Kajero - Portfolio and Commercialisation Specialist Our purpose is to refresh the world and make a difference. While there are still uncertainties related to the pandemic, the company has greater visibility into its future recovery and is confident that its actions will continue to mitigate the effects of the crisis. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. See more Sustainability report About this report Jun 2021 - Present1 year 10 months. 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. 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). 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. 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. Brussels, Brussels Region, Belgium. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Budapest, Hungary. 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. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. Earnings Release Water replenishment ratio of 159.9%. KOF - Integrated Report 2021 - Coca-Cola FEMSA 4761 0 obj <> endobj Plastics People matter. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. Reformulating nearly 1,000 beverages from 2017 to 2019. 2020 Business, Environmental, Social & Governance - The Coca-Cola Company 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Atlanta, Georgia, United States. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team Lottie S. - Digital Workplace Communications Lead - The Coca-Cola "Our beverages are offered in returnable glass bottles and are 100% recyclable. The program impacted more than 1.3 million women in 2019 alone. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The company also provided an update on its strategic transformation initiatives. May 2020 - Jun 2022 2 years 2 months. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Back. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. 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. "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. Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. In 2020, built on this by joining the U.S. Plastics Pact to galvanize action beyond the beverage industry to ensure that all plastic packaging gets collected.. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 102-54 Claims of reporting in accordance with the GRI . Coca-Cola Europacific Partners - Sustainability-Reports.com Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. 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. 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. 2017 Annual Review. Explore our Purpose & Vision, History and more. Coca-Cola Amatil Limited, together with its subsidiaries, manufactures, distributes, and markets non-alcoholic ready-to-drink beverages primarily in Australia, New Zealand, Indonesia, Papua New Guinea, and Fiji. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. Coca-Cola HBC ranked Europe's most sustainable Beverage Company 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 . Proxy Statements; Annual Reviews; 2021 Annual Review. Our purpose is to refresh the world and make a difference. Given the above considerations, the company expects to deliver comparable EPS (non-GAAP) percentage growth of high single digits to low double digits versus $1.95 in 2020. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. We invest to improve peoples lives, from our employees to all those who touch our business system, to our investors, to the broad communities we call home. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. Water replenishment ratio of 159.9%. 2020 BUSINESS & ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT This report is a reflection of how, together with our bottling partners, we navigated the COVID-19 crisis as a global business while advancing our environmental, social and governance (ESG) priorities. 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. 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. 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. 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. Outstanding achievements of 2021 - Coca-Cola HBC Hungary's 2021 All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. TI&Sc Quality and Food Safety Manager. Michael Goltzman - Vice President, Global Policy - LinkedIn This button displays the currently selected search type. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. 2020 Integrated Report ; Integrated Annual Report 2021 Business, Environmental, Social & Governance | Company Reports Bhumika Gupta Oberoi (She/Her) - Manager - Strategic & Sustainability The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Aisha Sarwari - Director Public Affairs, Communications and Email Alerts. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. Juice, dairy and plant-based beverages declined 2% for the quarter and 9% for the year, as solid performance by Simply and fairlife in North America was more than offset by a decline in Minute Maid in the fountain business. 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 . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. Increasing total sales globally in 2018 and 2019, while reducing added sugar. Coca-Cola Nigeria. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results To make a difference in people's lives, communities and our planet by doing business the right way. 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.. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. We act in ways to create a more sustainable and better shared future. 1K followers . Lizzie Munsanje - Communications & Sustainability Specialist - Coca Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. Sustainability | Coca-Cola Felicia Pea - Manager, Public Affairs, Communications and - LinkedIn Osita Abana, MPA - Global Sustainability, Public Policy Explore our Purpose & Vision, History and more. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle."

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