See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. <br><br>After finishing . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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. 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. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. The program impacted more than 1.3 million women in 2019 alone. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. 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. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Join to follow The Coca-Cola Company . Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. 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. The Coca-Cola Company. An audio replay in downloadable digital format and a transcript of the call will be available on the website within 24 hours following the call. Explore our Purpose & Vision, History and more. 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. 0 report summaries for congress reviews, astute public outreach that followed a vigorous branding and marking requirement . Company Provides 2022 Financial Outlook. To make a difference in people's lives, communities and our planet by doing business the right way. 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. 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. Email Alerts. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full-year 2021 results, including another quarter of sequential improvement in volume trends compared to 2019. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Earnings Release US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 Boosting PET recycling rates in Kenya from 5% in 2018 to 35% in 2019 via industry efforts to support the PETCO recycling model developed in South Africa. 2020 Integrated Report ; Integrated Annual Report May 2020 - Jun 2022 2 years 2 months. Additionally, the company is constantly reducing the use of . The Coca-Cola Company reported against the GRI's key performance indicators in the areas of economic, environmental and social performance and self-declared a B grade against the new GRI G3.1 guidelines. This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . 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.. 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 . Organic revenues (non-GAAP) declined 17%. 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. The unavailable information could have a significant impact on our full year 2021 reported financial results. Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. TI&Sc Quality and Food Safety Manager. 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. "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. 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. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Back Submit. 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. We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Lusaka, Zambia This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. 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. ",Ae)` Rv=D3012=J@g,@ GI Coca-Cola Nigeria. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Unit case volume grew 2% for the quarter, led by solid performance in sparkling soft drinks in Brazil, partially offset by a decline in away-from-home channels in Mexico. 2019 Annual Review. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. - 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. 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. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. (HR) and Public Affairs, Communication and Sustainability (PACS) director Prepare monthly reports on People metrics for senior leadership team Increasing total sales globally in 2018 and 2019, while reducing added sugar. We use cookies to provide you with a great experience and to help our website run effectively. 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. 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. 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. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. 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. 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. 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. "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. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Our planet matters. Plastics 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. The report highlights progress made on all aspects of business, governance and sustainability during 2020. 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. . For comparable net revenues (non-GAAP), the company expects a 2% to 3% currency tailwind based on the current rates and including the impact of hedged positions. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. 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. eaha@LlQx6. Refilling, recycling or collecting 60% of bottles and cans in 2019 (+4% over 2018)..
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