A graduate Chemical Engineer, passionate about the field of Food Technology and Sustainability. Reported operating income for Global Ventures for the three months ended December 31, 2019 was $118 million. Joining industry peers to launch Indonesias first Packaging Recovery Organization, with support from the Indonesian government, to improve collection. 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. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. Coca-Cola has developed a Global Social Justice Framework focused on four main pillars: listening, leading, investing and advocating. We aim to create a more sustainable and better shared future. Feb 2021 - Present2 years 2 months. 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. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. 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. I frequently created short-form videos focused on the latest fashion and beauty trends, outfit . We continued working to make TheCoca-ColaCompany -- and our entire system -- a great place to work, starting with an unwavering commitment toworkplace and human rights. Increasing total sales globally in 2018 and 2019, while reducing added sugar. Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. Concentrate sales were 4 points ahead of unit case volume, driven by two additional days in the quarter and cycling the timing of shipments in Brazil in the prior year. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn To make a difference in people's lives, communities and our planet by doing business the right way. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. 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 . The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. 4 Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. In 2020 the coronavirus pandemic has posed numerous challenges, but the ambitious goals linked to our sustainable business operations remained stable. 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. Since 2000, our average calories per serving decreased by 9 percent globally. People matter. At the end of 2020 we announced our ambition to reach net zero greenhouse gas emissions across our entire value chain in Europe by 2040. . 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. 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. 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 program impacted more than 1.3 million women in 2019 alone. Reaching more than 10.6 million people globally through water, sanitation and hygiene programs, to date. 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. Additionally, about 42% of its sparkling soft drink brands are offered in small packages of 250 milliliters or less. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . Communications & Sustainability Specialist at Coca-Cola Beverages Zambia Zambia. ATLANTA-- (BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. 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. 2019 Annual Review. 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. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today reported fourth quarter and full year 2020 results, including sequential improvement in volume trends. "After receiving feedback from a variety of stakeholders, we decided to make some significant changes to our sustainability reporting efforts. In just a few months, I grew my TikTok profile to more than 25,000 followers and 500,000+ likes. Back Submit. 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 can't pursue plastic-free bottles, as their customers enjoy their convenience. Trademark Coca-Cola growth in the quarter was driven by positive performance in most operating groups. Lusaka, Zambia 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. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. In 2019, the company reported a 24% reduction of the carbon footprint of the Drink In Your Hand compared to a 2010 baseline. 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. Annual Reviews. The company expects to deliver organic revenue (non-GAAP) percentage growth of high single digits. Explore our Purpose & Vision, History and more. Coca-Cola Nigeria. 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. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. We act in ways to create a more sustainable and better shared future. Operating income declined 14% in the quarter, which included items impacting comparability and a 25-point currency headwind. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. Report. July 2020 This efficient use of input materials help in more than doubling the fruit produce. All rights reserved. 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 . - 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. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. Comparable currency neutral operating income (non-GAAP) grew 23% driven by pricing and effective cost management. For the full year, concentrate sales were 1 point behind unit case volume, primarily due to the timing of shipments across operating groups. The organization is on a path to emerge stronger and is positioned for long-term success. Our Affordable Small Sparkling Package (ASSP) is the world's lightest-weight best-performing bottle." This innovation will be available on all Freestyle machines in the U.S. by the end 2020. 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 "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. 2015 Annual Review. 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. 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. 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. "Our beverages are offered in returnable glass bottles and are 100% recyclable. The operating loss in the quarter was primarily driven by coronavirus-related pressure on Costa retail stores. 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. 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. 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 Comparable currency neutral operating income (non-GAAP) grew 10%, primarily due to effective cost management across all business units. Our purpose is to refresh the world and make a difference. 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.