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 Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Budapest, Hungary. People matter. Explore our Purpose & Vision, History and more. Mar 2021 - Present2 years 1 month. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. As a result, the company has reinstated guidance and is providing its 2021 outlook. 2014 Annual Review. Skilled in Supply Chain Strategies, Program Design, Demand & Supply planning, Logistics and warehousing, Project Management, Import & Export, Manufacturing Operations, Procurement & Process improvements (LEAN). 1K followers . 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. 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. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. 2018 Annual Review. Careers; . Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. 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. Annual Reviews. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. 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, Achieving the companys water replenishment goal to return 100% of water used annually by 2020 in 2015, five years ahead of schedule., Returning the equivalent of 160% of water used in finished beverages back to communities and nature as of 2019. Currently, 88% of the companys packaging is recyclable, and 20% is made from recycled material. Operating Review Year Ended December 31, 2020. World Without Waste, our ambitious sustainable packaging initiative, aims to create systemic change through a circular economy for our packaging alongside our bottling partners. 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. 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. Lusaka, Zambia 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 . The report highlights progress made on all aspects of business, governance and sustainability during 2020. 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. COCA-COLACOMPANY.COM Sustainability 2021 Business and ESG Report View Overview Vision Growth Strategy Sustainability Financials Sustainability Our planet matters. Explore our Purpose & Vision, History and more. Unit case volume declined 4% for the quarter, primarily due to coronavirus-related pressure in away-from-home channels in Europe and South Africa, partially offset by growth in Western Africa and Turkey. Courtesy of Coca-Cola The impact speaks for itself: A 2020 report from Break Free From Plastic collected 13,834 pieces of Coca-Cola-branded waste across 51 countriesmore than the. Concentrate sales were 1 point ahead of unit case volume, driven by two additional days in the quarter partially offset by the timing of shipments. We exceeded our goal to give back at least 1 percent of our operating income to communities worldwide through TheCoca-ColaCompany and TheCoca-ColaFoundation in 2010 by giving $102 million. Our purpose is to refresh the world and make a difference. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) We use cookies to provide you with a great experience and to help our website run effectively. Financing Agreements; In August, Coca-Cola Beverages Philippines announced an investment of US$22 million in its operations to support its expansion projects and maintain its labor forces. Lagos, Nigeria. Ceres, the sustainability leadership advocacy group, in a recent report ranked Coca-Colasecond highest scorer among food companies on water management, behind Unilever.Over the last 13 years, Coca-Cola has poured roughly $2bn into its water stewardship goals. 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. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. 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 . Since 2000, our average calories per serving decreased by 9 percent globally. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Proxy Statements; Annual Reviews; 2021 Annual Review. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. The portal for Sustainability Reporting. Sep 2020 - Apr 20218 months. Comparable currency neutral operating income (non-GAAP) grew 25% driven by solid pricing and effective operating expense management. Full-Year Free Cash Flow (Non-GAAP) Was $11.3 Billion, Up 30%. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. 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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. 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. Join to follow The Coca-Cola Company . July 2020 Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. The structure of the Sustainability Report 2020 corresponds to the main pillars of Coca-Cola HBC's corporate social responsibility and sustainability, such as reducing emissions and caring for the climate, looking after water and water resources, striving for a world without waste, and an inclusive approach to corporate development. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. %PDF-1.6
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This year's report also received verification by a third party agency, indicating the agency's approval of tracking systems, resulting in an overall B+ grade. 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. 2013 Annual Review . Our planet matters. Increasing total sales globally in 2018 and 2019, while reducing added sugar. 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. She has exemplary communication, leadership, innovative and collaborative skills . 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. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period. 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. This was partially offset by growth in China, Brazil and Nigeria. hb```6B The global initiative launched in 2018 focuses on designing, collecting and partnering. "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. All rights reserved. - 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. 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. The company invites participants to listen to a live webcast of the conference call on the companys website, http://www.coca-colacompany.com, in the "Investors" section. 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. Atlanta, Georgia, United States. 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. Net revenues declined 14% in the quarter, which included a 2-point currency tailwind. TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. This includes a 3% to 4% currency tailwind based on the current rates and including the impact of hedged positions. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. 2017 Annual Review. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. Jun 2021 - Present1 year 10 months. . Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. Our biggest commitment is to reach carbon neutrality. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. 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. May 2020 - Jun 2022 2 years 2 months. Apr 2021 - Dec 20221 year 9 months. 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. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany Short-Term Experience as Commercialization Manager. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. Explore our Purpose & Vision, History and more. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. Operating Review Three Months Ended December 31, 2020. The 2010/2011 Sustainability Report provides an in-depth review on the sustainability efforts of the Company and its nearly 300 bottling partners. Sustainability Report 2021 demonstrates the company's progress and . ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. The company provides carbonated soft drinks, spring waters, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee . The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the segment. 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. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. 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. While developing and emerging markets remained resilient in the quarter, developed markets continued to be under pressure. 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 . 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. ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. 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. Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company 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. 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.). Our planet matters. 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. 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. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. All rights reserved. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. 0
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. Sustainable Agriculture ", "Created a water replenishment potential equivalent to 159.9% of water used by our operations in 2020". Coca-Cola HBC AG is committed to making its entire value chain carbon neutral by 2040. 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.. Our purpose is to refresh the world and make a difference. Our pledge as a company is that we will do our part to listen, learn and act with measurable and sustainable actions, Billingsley said. Trademark Coca-Cola grew 1% for the quarter and declined 1% for the year. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. This does not include any potential payments related to the ongoing tax litigation with the IRS. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. Price/mix declined 4% for the quarter driven by negative package mix along with cycling solid pricing in the prior year. 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. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 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.