coca cola company sustainability report 2020

The organization is on a path to emerge stronger and is positioned for long-term success. "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. Additionally, the company is constantly reducing the use of . 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. Gurugram, Haryana, India. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Coca-Cola Zero Sugar grew 3% for the quarter and 4% for the year. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 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. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. Our purpose is to refresh the world and make a difference. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 578 followers 347 connections. We act in ways to create a more sustainable and better shared future. Water replenishment ratio of 159.9%. Water replenishment ratio of 159.9%. 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.. People matter. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. 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.. 1K followers . 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Finance Manager Hungary. Note: Certain rows may not add due to rounding. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. Since 2000, our average calories per serving decreased by 9 percent globally. Our purpose is to refresh the world and make a difference. Enquiries . 102-54 Claims of reporting in accordance with the GRI . Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. Led byCoca-Cola, the world's most valuable brand, our Company's portfolio features 15 billion dollar brands including Diet Coke, Fanta, Sprite,Coca-ColaZero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. The global initiative launched in 2018 focuses on designing, collecting and partnering. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. KEY HIGHLIGHTS OF THE SUSTAINABILITY UPDATE 2020 - 21 World Without Waste As part of its World Without Waste initiative, The Coca-Cola Company (TCCC) is committed to make 100 per cent of its packaging recyclable globally by 2025 and use at least 50 per cent recycled material in its packaging by 2030. 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. More than 20% of the companys global portfolio is in refillable or fountain packaging. 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. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . | Learn more about Oluwatobiloba Kajero's work experience, education . 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. Company Provides 2022 Financial Outlook. . 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. 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. To make a difference in people's lives, communities and our planet by doing business the right . Global Unit Case Volume Declined 3% for the Quarter and 6% for the Full Year, Net Revenues Declined 5% for the Quarter and 11% for the Full Year; Organic Revenues (Non-GAAP) Declined 3% for the Quarter and 9% for the Full Year, Operating Income Grew 8% for the Quarter and Declined 11% for the Full Year; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 14% for the Quarter and Was Even for the Full Year, Fourth Quarter EPS Declined 29% to $0.34, and Comparable EPS (Non-GAAP) Grew 6% to $0.47; Full Year EPS Declined 13% to $1.79, and Comparable EPS (Non-GAAP) Declined 8% to $1.95, Cash from Operations Was $9.8 Billion for the Full Year, Down 6%; Full Year Free Cash Flow (Non-GAAP) Was $8.7 Billion, Up 3%. Careers; . "The progress we made in 2020, including the actions taken to accelerate the transformation of our company, gives us confidence in returning to growth in the year ahead. The. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Ceres, the sustainability leadership advocacy group, in a recent report ranked Coca-Colasecond highest scorer among food companies on water management, behind Unilever.Over the last 13 years, Coca-Cola has poured roughly $2bn into its water stewardship goals. 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. <br><br>After finishing . Feb 2021 - Present2 years 2 months. Livingstone University. 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 . Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. 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. 102-51 Date of most recent report April 2020 102-52 Reporting cycle The Coca-Cola Company reports annually on its sustainability progress and performance. Operating Review Three Months Ended December 31, 2020. Increasing total sales globally in 2018 and 2019, while reducing added sugar. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 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. To make a difference in people's lives, communities and our planet by doing business the right way. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Zug, Switzerland - 1 February 2022 - Coca-Cola HBC has again been rated Europe's most sustainable beverage company, and for the 11 th consecutive year has been ranked among the top three beverage industry performers globally.. Sustainability Report 2021 demonstrates the company's progress and . Learn all about our sustainability initiatives. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. 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). 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. All rights reserved. Challenging . ",Ae)` Rv=D3012=J@g,@ GI 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. 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. May 2020 - Jun 2022 2 years 2 months. Lusaka, Zambia For Costa non-ready-to-drink beverage products, "concentrate sales" represents the amount of coffee beans and finished beverages (in all instances expressed in equivalent unit cases) sold by the company to customers or consumers. 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. Reformulating nearly 1,000 beverages from 2017 to 2019. Also in 2010, our system increased production volume while reducing global carbon emissions by 2 percent, putting us a step closer to our goal of growing our business but not our carbon footprint. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. 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. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. Fiscal Year Ended Dec 31, 2020. The Coca-Cola Company. Apr 2021 - Dec 20221 year 9 months. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Therefore, the percent change is not meaningful. Experienced Head of Environment, Policy and Sustainability with a demonstrated history of working in the food & beverages industry. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. 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. intermission number program,

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