Challenging . 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. 2020 Annual Review. Therefore, the percent change is not meaningful. Our Principles for Sustainable Agriculture advance sustainable sourcing of our agricultural ingredients at the farm level, taking a longer-term perspective to reflect our expanding portfolio, increasingly diverse supply chains and the most recent science to support farmer livelihoods and ensure continuity of supply. Developing supply chain management principles to support suppliers through COVID-19 disruptions and uphold food quality, social and environmental standards., Advancing Black representation in leadership roles by boosting investment in leader training and internal pipeline development., Updating recruiting and hiring strategies to deploy tools that assess job postings for bias language, and refreshing interview guides with more inclusive messaging and ensuring all interview panels and slates are diverse.. Lusaka, Zambia Atlanta, Georgia, United States. 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. A strong business leader with a growth mindset with 30 years' experience having managed large businesses at a P&L level, both in India & international markets, and functional roles at Regional and National level in a large multinational environment.<br><br>My core strength is in Operations and People Leadership and have delivered signature achievements in the multiple business leadership . "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. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Join to follow The Coca-Cola Company . The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Given the above considerations, the company expects to deliver comparable EPS (non-GAAP) percentage growth of high single digits to low double digits versus $1.95 in 2020. 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. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. The Coca-Cola Company in Boydton, VA Expand search. 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. 2022 The CocaCola Company. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. 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. 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. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. 4800 0 obj
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TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. For the Bottling Investments operating segment for the fourth quarter, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. Further, the "Investors" section of the website includes certain supplemental information and a reconciliation of non-GAAP financial measures to the companys results as reported under GAAP, which may be used during the call when discussing financial results. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. 2014 Annual Review. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." At The Coca-Cola Company, we strive to use our leadership to be part of the solution to achieve positive change in the world and to build a more sustainable future for our planet. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. To make a difference in people's lives, communities and our planet by doing business the right way. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. Menu. Therefore, the percent change is not meaningful. Extending a global pay equity analysis to ensure employees in equal or similar jobs are paid fairly, without regard to gender (globally) or race/ethnicity (in the U.S.). Sustainable Development Reports | Swire Coca-Cola Sustainability Overview Planet Product People SD Reports Sustainable Development Reports Further details of our environmental and social performance are outlined in our Sustainability Report. As of December 31, 2021, Coca-Cola FEMSA had allocated US$350.12 million of green bond net proceeds to projects supporting climate action, water stewardship, and a circular economy. Home; Our Brands. 578 followers 347 connections. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. "Concentrate sales" represents the amount of concentrates, syrups, beverage bases, source waters and powders/minerals (in all instances expressed in equivalent unit cases) sold by, or used in finished beverages sold by, the company to its bottling partners or other customers. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Increasing total sales globally in 2018 and 2019, while reducing added sugar. While near-term uncertainty remains, we are well-positioned to emerge stronger from the crisis, driven by our purpose and our beverages for life ambition. - Foundation, Anandana, has set up 300+ water replenishment structures with a potential of replenishing 14 billion liters of water which has further benefitted more than 1 Million community members. This role a strategic role that supports the franchises within Coca-Cola Africa to develop, review and support implementation of sustainability imperatives in package waste management (primarily including, package design, collection and recycled content . Our planet matters. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) Feb 2021 - Present2 years 2 months. 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. 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. 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. May 2020 - Jun 2022 2 years 2 months. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Filings & Reports . We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Coca-Cola Nigeria. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. 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. Similarly to previous years, in the 2020 Sustainability Report we report on our performance and goals. This does not include any potential payments related to the ongoing tax litigation with the IRS. 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. 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%. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Since 2000, our average calories per serving decreased by 9 percent globally. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Organic revenues (non-GAAP) declined 17%. Explore our Purpose & Vision, History and more. Leading product development projects for WEBU and DDFI&NE with a cross-functional team that includes Marketing, Finance, Bottler, Technical and R&D. Relevant learnings within this experience: o Lead . 1 For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes. - 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. 2022 The CocaCola Company. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. hb```6B We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. "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. 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. All rights reserved. The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes. 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. 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. In 2020, built on this by joining the U.S. Plastics Pact to galvanize action beyond the beverage industry to ensure that all plastic packaging gets collected.. Apr 2021 - Dec 20221 year 9 months. 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. Unit case volume declined 4% for the quarter, primarily due to adverse weather in Southeast Asia along with coronavirus-related pressure in away-from-home channels in most markets in the region. Jun 2021 - Present1 year 10 months. 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. 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 Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. "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. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 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 . 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. What a wonderful week spending time with our Public Affairs, Communications, Sustainability, The Coca-Cola Foundation and Licensing and Retail teams Liked by Bhumika Gupta Oberoi (She/Her) Another PROUD moment for the University- Ajay Banga, a 63 year old Indian-American has been nominated by the White House to head the World Earnings Release To make a difference in people's lives, communities and our planet by doing business the right way. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. 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. "Unit case" means a unit of measurement equal to 192 U.S. fluid ounces of finished beverage (24 eight-ounce servings), with the exception of unit case equivalents for Costa non-ready-to-drink beverage products which are primarily measured in number of transactions. Explore our Purpose & Vision, History and more. 2020 BUSINESS & ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT This report is a reflection of how, together with our bottling partners, we navigated the COVID-19 crisis as a global business while advancing our environmental, social and governance (ESG) priorities. ", TheCoca-ColaCompany 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. Lagos, Nigeria. 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. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. 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. We act in ways to create a more sustainable and better shared future. View Governance. 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. 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 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. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Similar programs launched in Ethiopia and Tanzania. Operating Review Three Months Ended December 31, 2020. As we continue to strengthen our sustainability efforts, we also will innovate the means by which we share our progress.