"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. Operating Review Three Months Ended December 31, 2020. Our purpose is to refresh the world and make a difference. Operating Review Year Ended December 31, 2020. The organization is on a path to emerge stronger and is positioned for long-term success. Introduction to Sustainability Coursera Issued Nov 2020. eaha@LlQx6. We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Sep 2020 - Apr 20218 months. The global initiative launched in 2018 focuses on designing, collecting and partnering. "Our beverages are offered in returnable glass bottles and are 100% recyclable. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. Join to follow The Coca-Cola Company . Our planet matters. The Coca-Cola HBC AG group has acquired a 30% stake in Casa del Caff Vergnano, which preparations took place in 2021. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn We act in ways to create a more sustainable and better shared future. Short-Term Experience as Commercialization Manager. The first quarter has five additional days compared to first quarter 2020. 0
The report highlights progress made on all aspects of business, governance and sustainability during 2020. 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. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 Sophia Chrysopoulou EU Public Affairs & Government Relations Director, The Coca-Cola Company Organic revenues (non-GAAP) declined 17%. "Sustainability has been core to our business strategy for nearly 125 years," said Chief Sustainability Officer Beatriz Perez. "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. - The health and safety of our associates have always been our priority. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. happy birthday Coca-Cola Shared by Astrid Berenice Garca Palma Este Da del Nio #JuguemosALoProfesional con OREO la marca ms Playful de Mondelz International. 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. 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. 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. 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. 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. To make a difference in people's lives, communities and our planet by doing business the right . Note: Certain rows may not add due to rounding. ", Business Environment and Strategic Actions Update. This was partially offset by growth in China, Brazil and Nigeria. Atlanta, Georgia, United States. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . ATLANTA- TheCoca-ColaCompany released its eighth systemwide Sustainability Report, titledReasons to Believe. 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+." Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. We began to gain real traction with our new 5 BY 20 initiative to empower 5 million women entrepreneurs by 2020. 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 . 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. A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. 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. endstream
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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. 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. 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. The company is hosting a conference call with investors and analysts to discuss fourth quarter and full year 2020 operating results today, Feb. 10, 2021, at 8:30 a.m. This efficient use of input materials help in more than doubling the fruit produce. 4853 0 obj
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We act in ways to create a more sustainable and better shared future. 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 . Explore our Purpose & Vision, History and more. Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. 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. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Fruit Circular Economy starts with the Unnati program, which is farm-level productivity enhancement by creating a belief among farmers in using Ultra-high to high density fruit plantation coupled with modern Package of Practices (POP). 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. Join to follow The Coca-Cola Company . 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. 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. 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. Gurugram, Haryana, India. Sustainability Report 2021 demonstrates the company's progress and . Careers; . Revisiting Sustainable Agriculture Guiding Principles to include dairy supply chains and other ingredients. And we will do all of this while maintaining a 100% or more global water replenishment rate.. You can find our 2020 Integrated Annual Report, Annual Report") ("2020 https://www.cocahere: . Explore our Purpose & Vision, History and more. Skilled in Corporate Social Responsibility, Public Policy . 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. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. Mar 2021 - Present2 years 1 month. Experienced Marketing Programs and Communications with a demonstrated history of working in the IT, consumer product, and electrical and electronic manufacturing industry. I actively engage with stakeholders to strengthen The Coca-Cola Company's impact and deliver value to the business across Texas and other centrally located states in the U.S. A track record . 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. . By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. Water replenishment ratio of 159.9%. Operating income grew 13% in the quarter, impacted by headwinds from comparability items and currency. <br><br>Through my one-month internship at Nestl at the Quality Assurance Department I gained some first experience. 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.