The companys sustainability goals are interlinked.. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. Coca-Cola Nigeria. Our purpose is to refresh the world and make a difference. 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. Back. We act in ways to create a more sustainable and better shared future. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. 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. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Coca-Cola Amatil Ltd - ResponsibilityReports.com Fiscal Year Ended Dec 31, 2020. 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. ESG :: The Coca-Cola Company (KO) 4853 0 obj <>stream All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. 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. Oluwatobiloba Kajero - Portfolio and Commercialisation Specialist Operating Review Three Months Ended December 31, 2020. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Price/mix grew 3% for the quarter, as solid growth in juice and dairy finished-goods brands was partially offset by pressure in the fountain business and away-from-home channels. We use cookies to provide you with a great experience and to help our website run effectively. 2020 - hr.coca-colahellenic.com Writing a Marketing Plan . To make a difference in people's lives, communities and our planet by doing business the right way. The company continues to strengthen risk assessments and streamline supplier engagement processes. The first quarter has five additional days compared to first quarter 2020. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. "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. Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. 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. Volume performance included solid growth in sparkling soft drinks in China and India. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). Lusaka, Zambia 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. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. The organization is on a path to emerge stronger and is positioned for long-term success. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. 1 For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes. More than 20% of the companys global portfolio is in refillable or fountain packaging. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. Back Submit. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. In addition to the data in the preceding tables, operating results included the following: The 2021 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. The company also provided an update on its strategic transformation initiatives. Coca-Cola Sustainability Strategy - PHDessay.com 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 2015 Annual Review. Explore our Purpose & Vision, History and more. Skilled in Corporate Social Responsibility, Public Policy . - 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. The Coca-Cola Company - Encyclopedia Britannica | Britannica The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. We are striving to make packaging part of the circular economy, Perez said. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. 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. 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. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Annual Reviews :: The Coca-Cola Company (KO) This button displays the currently selected search type. "Unit case" means a unit of measurement equal to 192 U.S. fluid ounces of finished beverage (24 eight-ounce servings), with the exception of unit case equivalents for Costa non-ready-to-drink beverage products which are primarily measured in number of transactions. 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. 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. . Osita Abana, MPA - Global Sustainability, Public Policy Responsible business | Coca-Cola The. 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. 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. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Community hygiene programs have continued during the pandemic in countries such as Uganda, where Coca-Cola Beverages Africa helped distribute 5,000 hand-washing stations. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Through early February 2021, the company has experienced a volume decline of mid single digits globally, with continued elevated levels of sales in at-home channels being more than offset by pressure in away-from-home channels. 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.. 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. Sophia Chrysopoulou - EU Public Affairs & Government - LinkedIn To make a difference in people's lives, communities and our planet by doing business the right way. Our purpose is to refresh the world and make a difference. 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. Sustainability Report 2021 - gr.coca-colahellenic.com Explore our Purpose & Vision, History and more. . We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 0 Explore our Purpose & Vision, History and more. 578 followers 347 connections. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Coca-Cola HBC on LinkedIn: #esg #sustainability #2021spglobalyearbook # <br><br>After finishing . KOF - Integrated Report 2021 - Coca-Cola FEMSA World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. Concentrate sales were 1 point ahead of unit case volume, driven by two additional days in the quarter partially offset by the timing of shipments. 2020 Integrated Report ; Integrated Annual Report 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. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". 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. 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. Lottie S. - Digital Workplace Communications Lead - The Coca-Cola Supply Chain Manager - The Coca-Cola Company - LinkedIn 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 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. 2017 Annual Review. At the end of 2020 we announced our ambition to reach net zero greenhouse gas emissions across our entire value chain in Europe by 2040.
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