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Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. 102-54 Claims of reporting in accordance with the GRI . 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. 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. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Comparable currency neutral operating income (non-GAAP) grew 14% for the quarter and was even for the year, driven by effective cost management across operating groups offset by top-line pressure due to the coronavirus pandemic. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. Note: Certain rows may not add due to rounding. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) Our purpose is to refresh the world and make a difference. Menu. The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Similar programs launched in Ethiopia and Tanzania. 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. 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. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Operating Review Three Months Ended December 31, 2020. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Lagos, Nigeria. 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. 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 . Our purpose is to refresh the world and make a difference. 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. Email Alerts. 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. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 Coca-Cola HBC has been awarded a gold medal in The Sustainability Yearbook 2021, which ranks company sustainability performance by industry, according to their | 10 comments on LinkedIn For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 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. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Atlanta, Georgia, United States. 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. Unit case volume declined 4% for the quarter, primarily due to adverse weather in Southeast Asia along with coronavirus-related pressure in away-from-home channels in most markets in the region. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. %PDF-1.6 % 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. Home; Our Brands. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Finance Manager Hungary. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. 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. Concentrate sales were 3 points ahead of unit case volume, largely due to two additional days in the quarter and cycling the Brexit-related inventory reduction in the prior year. The four main areas of focus include water stewardship, energy efficiency and climate protection, sustainable packaging and healthy communities.. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. 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 . To make a difference in people's lives, communities and our planet by doing business the right way. Lusaka, Zambia 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. Human Rights | Coca-Cola European Partners Investors Contact Our human rights journey November 2020 Listed on the Dow Jones Sustainability Index for a fifth year (one of just four beverage companies to be listed on the DJSI World Index and one of three to be listed on the DJSI Europe Index). Explore our Purpose & Vision, History and more. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. In 2010, we distributed 2.5 billion PlantBottle packages in 10 major markets, saving more than 60,000 barrels of oil and sequestering the equivalent of nearly 30,000 metric tons of carbon dioxide from our PET plastic bottles. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. Introduction to Sustainability Coursera Issued Nov 2020. This was partially offset by growth in China, Brazil and Nigeria. 11K followers 500+ connections. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. The unavailable information could have a significant impact on our full year 2021 reported financial results. 2013 Annual Review . 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. - 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. Back Submit. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. When expanded it provides a list of search options that will switch the search inputs . 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. 2016 Annual Review. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. This does not include any potential payments related to the ongoing tax litigation with the IRS. 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. The company also provided an update on its strategic transformation initiatives. 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. Water replenishment ratio of 159.9%. Join to follow The Coca-Cola Company . 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 . 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. 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 . Explore our Purpose & Vision, History and more. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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 beverages are offered in returnable glass bottles and are 100% recyclable. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. 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. 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. The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. <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 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. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. Operating income declined 2% in the quarter, which included a 3-point currency tailwind. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . Ambitious goals for sustainable business operations have not been forgotten. 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. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Filings & Reports . Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . Sep 2020 - Apr 20218 months. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects.