Sustainability Report 2021 demonstrates the company's progress and . This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Sustainability :: The Coca-Cola Company (KO) 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. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Our biggest commitment is to reach carbon neutrality. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. 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. 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. For the fiscal year ending on Decembr 31 each year, presented to the Mexican Stock Exchange Download report Check report history GREEN BOND REPORT 2021 Our green bond reports on the green bond issued September 2020. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Budapest, Hungary. Enquiries . Coca-Cola's Business & ESG Report 2020 CSR Europe Join to view profile Coca-Cola Beverages 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. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. 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. Our purpose is to refresh the world and make a difference. Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com, https://coca-colacompany.com/shared-future/diversity-and-inclusion/racial-equality. The Coca-Cola System in India releases Sustainability Update 2020-21 The Coca-Cola Companys World Without Waste strategy remains focused on three pillars: Design, Collect and Partner. 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. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. Operating Review Three Months Ended December 31, 2020. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Apr 2021 - Dec 20221 year 9 months. "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. We will prioritize efforts and set higher replenish targets in those high-risk regions or where we are sourcing most agricultural commodities. All rights reserved. "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. By becoming better ourselves, we can help build a stronger, more sustainable future for us all. ESG :: The Coca-Cola Company (KO) Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. Finance Manager Hungary - The Coca-Cola Company - LinkedIn Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. To make a difference in people's lives, communities and our planet by doing business the right way. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. To make a difference in people's lives, communities and our planet by doing business the right . Since 2012, this work has added up to more than 1.5 trillion liters of freshwater returned to the environment and communities., Delivering an 18% improvement in water use efficiency in operations since 2010.. Sustainable Agriculture Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Challenging . See more Sustainability report About this report %%EOF For both the quarter and the full year, the decline was primarily due to pressure in the fountain business in North America and away-from-home channels in Western Europe due to the coronavirus pandemic. Our PlantBottle technology, which allows us to replace 100 percent petroleum-based PET plastic with PET plastic that contains up to 30 percent material derived from plants, is becoming more widely used around the world. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. The report highlights progress made on all aspects of business, governance and sustainability during 2020. Annual Report. However, for readers to have more up-to-date information, we have also included highlights of COVID-19 related humanitarian relief measures that were implemented in 2021. Coca-Cola Europacific Partners - Sustainability-Reports.com Brussels, Brussels Region, Belgium. 2019 Annual Review. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. CCIPL has prepared Sustainability Update 2020/21 in line with Global Reporting Initiative (GRI) Standards. 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 . Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. Given the scale of unemployment and the challenges to our key customers in away-from-home channels, we see an opportunity to expand our economic empowerment strategy in the post-2020 period, engaging in broader industry platforms that collaboratively transform the livelihoods of women, youth and additional vulnerable populations by promoting retraining, upskilling and entrepreneurship, Perez said. 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. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. We aim to create a more sustainable and better shared future. Explore our Purpose & Vision, History and more. 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. 2 Coca-Cola's science-based target is to reduce absolute greenhouse gas (GHG) emissions 25% by 2030 from a 2015 baseline. 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 The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. 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. 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. Skilled in Corporate Social Responsibility, Public Policy . Back Submit. 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. 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-Cola, PepsiCo, Mars Slammed Over Recycling Targets - Business Insider 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. To make a difference in people's lives, communities and our planet by doing business the right way. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. 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. 102-53 Contact point for questions regarding the report Please visit our Contact Us webpage, email us or call 1-800-GET-COKE (U.S. only). The. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn The company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. pic.twitter.com/MJdxGmeeqJ, Going forward, we will segment our business by the level of water risk, Perez said. The organization is on a path to emerge stronger and is positioned for long-term success. 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. 0 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. 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. 578 followers 347 connections. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." Similar programs launched in Ethiopia and Tanzania. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. Sustainability | Coca-Cola Europacific Partners