. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team 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. Sep 2020 - Apr 20218 months. 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. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 2016 Annual Review. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. 2015 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. ", Business Environment and Strategic Actions Update. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 102-54 Claims of reporting in accordance with the GRI . All rights reserved. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Similar programs launched in Ethiopia and Tanzania. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. 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. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. 2020 Annual Review. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Comparable currency neutral operating income (non-GAAP) grew 23% driven by effective cost management. Company Provides 2022 Financial Outlook. Operating Review Three Months Ended December 31, 2020. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. According to a recent audit, the industry surpassed this target ahead of schedule (14.6% reduction between 2015 and 2019)., Growing Coca-Cola Zero Sugar volume double digits in North America for the third consecutive year in 2019, while continuing to post double-digit growth of mini can sales., Rolling out 100% recycled PET (rPET) plastic packaging in 18 markets and counting. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. The companys sustainability goals are interlinked.. May 2020 - Jun 2022 2 years 2 months. Since 2000, our average calories per serving decreased by 9 percent globally. For 14+ years, I have worked at the intersection of Public Policy, ESG and Communications for: The United Nations, The Coca-Cola Company, Unilever and Diageo. 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. Careers; . Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site "In 2020, employees from across The Coca-Cola Company and its bottling system worked tirelessly to learn and adapt amidst a global crisis," said James Quincey, chairman and CEO of The Coca-Cola Company. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. 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. We committed to include calorie information on the front of nearly all our packages by the end of 2011 and have a physical activity program in 100 countries toward our goal to have one in every country in which we operate by 2015. 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 is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Unit case volume declined 7% for the quarter, as strong growth in sparkling soft drinks in at-home channels along with growth in AHA, fairlife and Powerade Zero was more than offset by a decline in the fountain business. "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's Chief Sustainability Officer, Bea Perez, discusses the importance of prioritizing our sustainability goals as the business emerges stronger from the global pandemic. When expanded it provides a list of search options that will switch the search inputs . Experienced FMCG Supply Chain professional. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Our purpose is to refresh the world and make a difference. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. hb```6B 4853 0 obj <>stream 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+." Reformulating nearly 1,000 beverages from 2017 to 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 . To make a difference in people's lives, communities and our planet by doing business the right way. 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. 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. 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. The company's new sustainability campaign "Deliver for Today, Inspire for Tomorrow" focuses on corporate and environmental sustainability with the goal of leading the industry in two major areas: energy and climate change and sustainable packing and recycling. Join to view profile Coca-Cola Beverages Zambia. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 2019 Annual Review. 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. %PDF-1.6 % %%EOF Water replenishment ratio of 159.9%. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. Explore our Purpose & Vision, History and more. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Introduction to Sustainability Coursera Issued Nov 2020. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. "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. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. We are striving to make packaging part of the circular economy, Perez said. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018).. To make a difference in people's lives, communities and our planet by doing business the right way. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. We aim to create a more sustainable and better shared future. report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Coca-Cola Nigeria. 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. - 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. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. 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. Skilled in Corporate Social Responsibility, Public Policy . The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. Annual Reviews. Explore our Purpose & Vision, History and more. Organic revenues (non-GAAP) declined 17%. 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. 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. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. In 2020, Coca-Cola pledged over Rs.70 million through its COVID-19 response program where it donated test kits to the Ministry of Health, essential packs to communities that needed it the most and conducted disinfection programs in multiple local communities. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. For the Bottling Investments operating segment for the full year, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume after considering the impact of structural changes. 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. 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. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . 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. Operating income grew 8% for the quarter and declined 11% for the year, which included items impacting comparability in addition to currency headwinds. TI&Sc Quality and Food Safety Manager. First quarter 2020 financial results were impacted by one less day as compared to the same period in 2019, and fourth quarter 2020 financial results were impacted by two additional days as compared to the same period in 2019. Therefore, the percent change is not meaningful. How many drinks does The CocaCola Company sell worldwide each day? 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. Gurugram, Haryana, India. ",Ae)` Rv=D3012=J@g,@ GI 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. 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 Senior Manager - Africa. The organization is on a path to emerge stronger and is positioned for long-term success. 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. 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 . Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. Proxy Statements; Annual Reviews; 2021 Annual Review. 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. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. As a result, the company has reinstated guidance and is providing its 2021 outlook. Annual Report. "Concentrate sales" represents the amount of concentrates, syrups, beverage bases, source waters and powders/minerals (in all instances expressed in equivalent unit cases) sold by, or used in finished beverages sold by, the company to its bottling partners or other customers. We act in ways to create a more sustainable and better shared future. ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". Globally, we are the No. Operating Review Year Ended December 31, 2020. 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.
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