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Sustainable Agriculture 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. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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 We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. Our CEO James Quincey has made it very clear what our commitment is this commitment and alignment from the very top drives the top-down effect of ensuring the senior leaders of the company are invested in building accountability and leading by example., Coca-Colas Chief Diversity and Inclusion Officer discusses the importance of taking action to create a diverse, safe and equal work environment. Learn all about our sustainability initiatives. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. During my studies I have completed a lot of projects (in and out of the lab) working with other people and developed my skills in solving different problems. 4800 0 obj <>/Filter/FlateDecode/ID[<0BAA659A84D44741B6685DA836576184><052C9A4B0CCFD44A8B1721E43F16254A>]/Index[4761 93]/Info 4760 0 R/Length 163/Prev 876078/Root 4762 0 R/Size 4854/Type/XRef/W[1 3 1]>>stream Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. 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. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of 1.7 billion servings a day. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . This does not include any potential payments related to the ongoing tax litigation with the IRS. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. TI&Sc Quality and Food Safety Manager. "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. Mar 2021 - Present2 years 1 month. - The health and safety of our associates have always been our priority. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. 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.. How many drinks does The CocaCola Company sell worldwide each day? May 2020 - Jun 2022 2 years 2 months. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. The company also provided an update on its strategic transformation initiatives. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. Global unit case volume trends remain closely linked to consumer mobility and the health of away-from-home channels. 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. 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. 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. In 2010, we improved our water use efficiency for the eighth consecutive year, reducing the average amount of water required to produce each beverage serving. Feb 2021 - Present2 years 2 months. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Our ambitious plan in Europe, launched in 2017 in partnership with The Coca-Cola Company, places sustainability at the heart of our business strategy. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. Since 2000, our average calories per serving decreased by 9 percent globally. 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. 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.. This multi-year effort includes addressing internal policies; supporting inclusive legislation (such as the hate-crime bill in Georgia, which was signed into law); committing to spending at least $500 million with Black-owned businesses in the U.S. over the next five years; and awarded $1 million to The Equal Justice Initiative to support communities marginalized by poverty and discouraged by unequal treatment. We aim to create a more sustainable and better shared future. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. 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. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. Joining an industry initiative in Europe to reduce added sugars by 10% by 2020. We act in ways to create a more sustainable and better shared future. 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. In addition to increasing transparency within the content, we have taken a digital approach to make the report more user-friendly and accessible on a variety of mobile devices. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. The company also provided an update on its strategic transformation initiatives. We act in ways to create a more sustainable and better shared future. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. 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 . 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. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. Atlanta, Georgia, United States. And we will do all of this while maintaining a 100% or more global water replenishment rate.. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. Skilled in Corporate Social Responsibility, Public Policy . 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. The organization is on a path to emerge stronger and is positioned for long-term success. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. We use cookies to provide you with a great experience and to help our website run effectively. The report highlights progress made on all aspects of business, governance and sustainability during 2020. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. Short-Term Experience as Commercialization Manager. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. Tea and coffee declined 15% for the quarter and 17% for the year, primarily driven by coronavirus-related pressure on Costa retail stores, along with pressure on the doadan tea business in Turkey. This resulted in removing approximately 350,000 tons of added sugar from beverages on an annualized basis in 2019. Operating income grew 32% in the quarter, which included a tailwind from items impacting comparability. 2021 Integrated Report; Integrated Annual Report 2020. To make a difference in people's lives, communities and our planet by doing business the right way. 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. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. <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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. 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. 11K followers 500+ connections. Explore our Purpose & Vision, History and more. 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. 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. Jun 2021 - Present1 year 10 months. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. pic.twitter.com/cHqrWnxgXh, Billingsley shared several steps the company is taking to promote diversity, equity and inclusion and mirror the diversity of the communities where we operate..