Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. 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. 2017 Annual Review. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. 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. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. To make a difference in people's lives, communities and our planet by doing business the right way. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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 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. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. Reformulating nearly 1,000 beverages from 2017 to 2019. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. The revenue declines were primarily driven by coronavirus-related pressure on Costa retail stores, partially offset by strong performance in Costa Express machines in the United Kingdom. Our planet matters. Livingstone University. 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. 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. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. 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. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. 2015 Annual Review. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. 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 use cookies to provide you with a great experience and to help our website run effectively. Comparable EPS (non-GAAP) is expected to include an approximate 2% currency headwind based on the current rates and including the impact of hedged positions. Email Alerts. . Courtesy of Coca-Cola The impact speaks for itself: A 2020 report from Break Free From Plastic collected 13,834 pieces of Coca-Cola-branded waste across 51 countriesmore than the. 2019 Annual Review. While near-term uncertainty remains, we are well-positioned to emerge stronger from the crisis, driven by our purpose and our beverages for life ambition. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. A track record . 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. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. Our purpose is to refresh the world and make a difference. Coca-Cola is committing to sharing diversity, equity and inclusion metrics with senior leaders each quarter, and disclosing results to investors and stakeholders on a regular basis. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . TI&Sc Quality and Food Safety Manager. 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. 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. 4853 0 obj <>stream 2018 Annual Review. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Explore our Purpose & Vision, History and more. Writing a Marketing Plan . 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. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Lagos, Nigeria. Skilled in Corporate Social Responsibility, Public Policy . TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. 2020 Annual Review. Filings & Reports . World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . Short-Term Experience as Commercialization Manager. Experienced FMCG Supply Chain professional. 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. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. 1 Coca-Cola's work toward its "drink in your hand" goal reduced its relative carbon emissions by 25% by 2020, against a 2010 baseline. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. 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. 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 Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. <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 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. 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. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. And, for the first time ever, its entire content is available exclusively online. Only through a comprehensive approach can we make transformational and enduring change. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Operating Review Three Months Ended December 31, 2020. Increasing total sales globally in 2018 and 2019, while reducing added sugar. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. . | Learn more about Oluwatobiloba Kajero's work experience, education . "Our beverages are offered in returnable glass bottles and are 100% recyclable. Menu. 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. Annual Report. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. 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. Fiscal Year Ended Dec 31, 2020. Operating Review Year Ended December 31, 2020. 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. 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 . Back Submit. ",Ae)` Rv=D3012=J@g,@ GI Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system employees.For more information, visitwww.coca-colacompany.com, follow us on Twitter attwitter.com/CocaColaCo, or find us on LinkedIn atwww.linkedin.com/company/the-coca-cola-company., 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, www.linkedin.com/company/the-coca-cola-company. Join to follow The Coca-Cola Company . People matter. %%EOF 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. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. The unavailable information could have a significant impact on our full year 2021 reported financial results. ", Business Environment and Strategic Actions Update. 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. 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. ET. We act in ways to create a more sustainable and better shared future. How many drinks does The CocaCola Company sell worldwide each day? To make a difference in people's lives, communities and our planet by doing business the right . 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.
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