Short-Term Experience as Commercialization Manager. Only through a comprehensive approach can we make transformational and enduring change. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. Quantitative data highlighted in the report covers period from January 1, 2020 to December 31, 2020 unless otherwise stated. As a result, the company has reinstated guidance and is providing its 2021 outlook. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . 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. Hillary Anichebe - Sustainability Senior Manager - Africa - The Coca See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. "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. 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). Coca-Cola's Business & ESG Report 2020 CSR Europe 4 Reported operating loss for Global Ventures for the year ended December 31, 2020 was $123 million. 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. 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. We act in ways to create a more sustainable and better shared future. 2020 WORLD WITHOUT WASTE REPORT We recognize our responsibility to help solve the global plastic waste crisis. 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. 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. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Explore our Purpose & Vision, History and more. Organic revenues (non-GAAP) declined 17%. Sustainability | Coca-Cola Nigeria. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. 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. 2020 Integrated Report ; Integrated Annual Report The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. 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. 600 Women To Benefit As S.H.A.P.E 2020 Launches; Wellbeing - Caring For Our Communities. 2020 Annual Review. 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. Finance Manager Hungary. 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. Coca-Cola is a globally distributed brand with products that contribute to the obesity epidemic, the plastic pollution crisis, and water scarcity in vulnerable communities, all of which harm. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Coca-Cola's brand value from 2006 to 2022 (in billion U.S. dollars) Most sustainable consumer goods companies in the United States in 2020 Most sustainable consumer goods companies in the. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 102-54 Claims of reporting in accordance with the GRI . 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. Water, enhanced water and sports drinks declined 9% for the quarter and 11% for the year, led by a broad-based decline across operating groups, primarily due to a decline in lower-margin water brands. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. Juice, dairy and plant-based beverages declined 2% for the quarter and 9% for the year, as solid performance by Simply and fairlife in North America was more than offset by a decline in Minute Maid in the fountain business. Feb 2021 - Present2 years 2 months. 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. Michael Goltzman - Vice President, Global Policy - LinkedIn 0
The Coca-Cola Company - Encyclopedia Britannica | Britannica All rights reserved. The program impacted more than 1.3 million women in 2019 alone. 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. Launching a $140+ million PET Packaging Manufacturers of Clean Environment (PACE) initiative in India to create Asias Largest Packaging Waste Management Venture with goal of preventing recyclable packaging material from reaching landfills by 2025. 2016 Annual Review. For the year, the company gained value share in total NARTD beverages in addition to all category clusters. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. 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. Geographical and industry experience across Africa and the UK in FMCG, Telecoms, Market Research and Government sectors. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. ", Business Environment and Strategic Actions Update. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. 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. Coca-Cola Reports Fourth Quarter and Full-Year 2021 Results Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany The organization is on a path to emerge stronger and is positioned for long-term success. Our purpose is to refresh the world and make a difference. Sustainability :: The Coca-Cola Company (KO) Back. Coca-Cola, PepsiCo, Mars Slammed Over Recycling Targets - Business Insider Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. 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. Astrid Berenice Garca Palma - Flavor & comminute - LinkedIn 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 . Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 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. 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. 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. In the Company's effort to increase transparency across its broad sustainability platform, this year's Report was created using stakeholder feedback and, for the first time, follows the disclosure and reporting requirements of the Global Reporting Initiative (GRI) to achieve a self-declared grade level "B+." 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. Lead the Sustainability Project Management Office for the North America Operating Unit of The Coca-Cola Company. - 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. Sustainable Agriculture 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. Our Sustainability Stakeholder Report contains a full year of data from 1 January, 2021 to 31 December, 2021 and covers our global business operations in Europe and API. Report. Sustainable Development Reports | Swire Coca-Cola How many drinks does The CocaCola Company sell worldwide each day? More than 20% of the companys global portfolio is in refillable or fountain packaging. - The health and safety of our associates have always been our priority. Company Provides 2022 Financial Outlook. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. hbbd```b``"H=U"A$|":Xd?Xo=&5$X3DW7X}4`]`]"&hlH>z$2 0) 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 company has made progress on its strategic transformation through the pandemic, including rewiring to become a more networked organization. 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 . Plastics The company is on track to achieve its 5by20 goal to support the economic empowerment of 5 million female entrepreneurs by 2020. Ian Hirschfeld - Director Africa: Economic Policy, Coca-Cola Africa at