BUSINESS & SUSTAINABILITY REPORT HIGHLIGHTS - 2019 BETTER SHARED
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2019
BUSINESS &
SUSTAINABILITY
REPORT
HIGHLIGHTS
THE COMPANY
BETTER SHARED
JAMES QUINCEY
Chairman and
Chief Executive Officer
“In 2019, we laid out our vision to craft
the brands and choice of drinks that
people love, to refresh them in body
and spirit.”
REFRESHMENT IS
BETTER
SHARED
The Coca-Cola Company is here to refresh the
world and make a difference. We craft the brands
and choice of drinks that people love. We do this
in ways that create a more sustainable business.
It’s about working together to create a better
shared future for our people, our communities
and our planet.
OUR PRIORITIES
& PROGRESS
2019 SUSTAINABILITY HIGHLIGHTS
~350,000 TONS
of added sugar removed on
24% REDUCTION
of the carbon footprint of the
88%
of our packaging is recyclable
10.6M+PEOPLE
provided access to clean
an annualized basis through “drink in your hand” toward our globally. water and sanitation globally
product reformulations in 2019. 2020 target of 25% reduction since 2010.
60%
against a 2010 baseline.
Set a Science-Based Target
to reduce absolute Scope 1, 2
and 3 GHG emissions
of the equivalent bottles and
160%
25%
cans we introduced into the of water used in manufacturing
market in 2019 were refilled, returned to communities and
collected or recycled. nature in 2019.
by 2030 from a 2015 base-year.
THE
F O U N D AT I O N
54% 92% 4.6M+ $125M
Contributed nearly
of bottling partners and
WOMEN
91%
of our priority ingredients volume empowered through our 5by20
was sourced sustainably in 2019, initiative, on track to reach
from The Coca-Cola Company
compared to 44% in 2018. 5 million women by 2020.
and The Coca-Cola Foundation
to directly benefit 294
of direct suppliers that achieved organizations across 129
compliance with our Supplier countries and territories.
Guiding Principles.
THE COCA‑COLA COMPANY / 2019 BUSINESS & SUSTAINABILITY REPORT HIGHLIGHTS Version 1: 4/22/2020
EXPANDING
OUR PORTFOLIO
REDUCING
ADDED SUGAR
TRANSFORMING OUR PORTFOLIO
We’re offering more choices with less sugar, reducing packaging
sizes and providing clear nutrition information.
People’s tastes and preferences are changing, and we’re changing too
through four key actions:
REDUCING ADDED MAKING SMALLER OFFERING MORE GIVING PEOPLE
SUGAR PACKAGES DRINKS THE INFORMATION
they need to make
informed choices
~42%
REDUCING ADDED SUGAR WHILE Today
INCREASING SALES GLOBALLY Average calories per pack
dropped by 1.7% in 2019 and
Sugar - vertical
UNIT CASE VOLUME GROWTH
1.8% in 2018.
AVERAGE SUGAR PER 100 ML
18 OUT OF 20
of our sparkling soft drink
2019 brands come in packages
2018 2.2% of 250mL (8.5oz) or less.
1.6%
top brands are low- or no-sugar
or have a low- or no-sugar option,
and ~45% of our beverage
100%
Nearly
portfolio is low- or no-sugar.
~350,000 TONS
–1.7%
of our products globally
of added sugar removed on provide front of pack
an annualized basis through product energy/calorie information.1
–4.0%
reformulations in 2019.
1. Calorie information (expressed as calories,
kilocalories, or kilojoules) is provided on the front
~275 GLOBAL
of our packages, with the exception of returnable
or refillable proprietary and multipurpose bottles
(glass and plastic) with permanent printed
PRODUCT labels; and unflavored and unsweetened still or
sparkling bottled water, including mineral water.
reformulations in 2019.
THE COCA‑COLA COMPANY / 2019 BUSINESS & SUSTAINABILITY REPORT HIGHLIGHTS Version 1: 4/22/2020
CLIMATE
TAKING ACTION
The impacts of climate change are already felt across our business.
And we are increasingly aware that our ability—and responsibility—to contribute
significant solutions on this urgent global agenda must play a role in the
shape of our business going forward.
We have cut our A BOLD NEW CLIMATE GOAL CARBON TRANSPARENCY
24%
carbon footprint by
FOR PROGRESS
This is a time for collective, ambitious
and positive climate action on one We are using the framework developed
of the most pressing global issues. by the Task Force on Climate-related
To that end, in 2019 we published Financial Disclosures (TCFD).
toward our 2020 target
of 25% reduction against a Science-Based Target for the
a 2010 baseline. Coca-Cola system, which aims to
further decrease our carbon footprint Achieving reductions will
across the system. require us to continue the
progress we have already made
while building new programs,
focusing on:
We set our “drink in your hand”
goal in 2013 to include
• Ongoing efforts with water,
our full value chain in
World Without Waste, sugar
our GHG emissions
reductions and sustainable
reduction efforts.
agriculture
• Increasing renewable
energy usage
PROGRESS TO “DRINK IN NEW GOAL
YOUR HAND” GOAL • Innovation and adaption
on topics ranging from
Drink In Your Hand
Estimated percentage reduction of
the carbon footprint of the “drink in your
Science-Based Target cold drinks equipment,
aligned with the ingredient or packaging
hand” since 20101
Paris Agreement Goals sourcing and more
2020 GOAL
25% • Increasing supplier
Reduce absolute Scope
engagement programs
1, 2 and 3 GHG emissions
16 14%
25% by 2030 from a
17 19% 2015 base-year.
18 21%
19 24%
1. The calculation of progress toward our “drink in your hand” goal has been internally vetted using accepted
and relevant scientific and technical methodologies, which are aligned with GHG Protocol Scopes 1, 2
and 3. Due to the nature of our franchise bottling system, our manufacturing emissions are normally split
between Scopes 1 and 2 for company-owned facilities and Scope 3 for bottling partner facilities. However,
in our “drink in your hand” calculations, we consider the full Coca-Cola system (including franchise bottling
partners) in the calculation of our manufacturing, distribution and refrigeration emissions, in addition to
the emissions from our ingredients and packaging.
THE COCA‑COLA COMPANY / 2019 BUSINESS & SUSTAINABILITY REPORT HIGHLIGHTS Version 1: 4/22/2020
WORLD
WITHOUT
WASTE
RECYCLING AND BEYOND
We believe a World Without Waste is possible by recycling
our packages and our packaging material as well as delivering
our beverages through new, virtually package-less solutions.
DESIGN COLLECT PARTNER
Make 100% of our packaging Collect and recycle a bottle Bring people together to
recyclable globally by 2025—and or can for each one we sell support a healthy, debris-free
use at least 50% recycled material by 2030. environment.
in our packaging by 2030.
60%
16 markets offered beverages
packaged in 100% recycled PET
bottles, with more to come.
of the equivalent bottles
and cans we introduced
Our packaging is into the market in 2019
We joined PepsiCo and Keurig
88%
were refilled, collected
RECYCLABLE or recycled (+4% vs. 2018). Dr. Pepper, the American
GLOBALLY, Beverage Association and key
NGO partners to announce
up from 85% at the “Every Bottle Back” initiative.
the end of 2017.
This will help improve sorting,
processing and collection of
20%
plastic bottles for reuse as well
RECYCLED as launch a consumer education
MATERIAL campaign, which includes a $100
million industry fund managed
in our packaging globally.
by Closed Loop Partners and the
We accelerated refillable
Recycling Partnership.
packaging growth in Brazil
and focused on PET collection
10% RECYCLED by working with 233 recycling
cooperatives. The volume of
MATERIAL recycled materials processed by
used in our PET plastic the co-ops more than doubled
packaging globally
to over 106,000 tons.
(+1% vs. 2018).
THE COCA‑COLA COMPANY / 2019 BUSINESS & SUSTAINABILITY REPORT HIGHLIGHTS Version 1: 4/22/2020
WATER
LEADERSHIP
PURSUING WATER SECURITY
We are working in our own operations, across our value chain
and in watersheds worldwide to support water security.
5
2020 GOAL
GOALS 25%
YEARS 16 13%
we’ve met and 17 15%
exceeded our water
replenishment goal. 18 16%
19 18%
While we have made significant progress on water
We’ve replenished efficiency in production, we recognize that we
1.5+
a total of will not fully meet our goal of 25% improvement
by 2020.
Replenish all the water we use
TRILLION
in our drinks and their production LITERS During 2019, we continued
by 2020. of water since 2012
to improve the efficiency of
through about
Improve our water efficiency 300 projects each year. our water use. We now need
by 25% by 2020. only 1.85 liters of water per
liter of final product, an 18%
160%
improvement compared
to 2010.
2020 GOAL
100%
A–
16 133% of the water used in
our finished beverages
17 150% was safely returned
to communities and
18 155% nature in 2019. Our 2019 CDP Water
disclosure placed us in
19 160% the leadership range
of scores.
As estimated working with our many external
partners and using generally accepted, Since 2010, our community
independently peer-reviewed scientific and technical
1 RANKING
water programs with our
#
methods. External assurance of 100% annual
replenishment rate. Finished beverages based partners worldwide helped
on global sales volume. Water in production based
on total system consumptive use. to provide access to safe
drinking water and sanitation
on water risk management
to 10.6 million+ people. in 2019 Ceres report among
beverage company peers.
THE COCA‑COLA COMPANY / 2019 BUSINESS & SUSTAINABILITY REPORT HIGHLIGHTS Version 1: 4/22/2020
SUSTAINABLE
AGRICULTURE
CULTIVATING INGREDIENTS BETTER
Since 2013, our goal is to source all our priority ingredients—
including our main natural sweeteners, fruit juices, coffee,
tea, soy and timber products—sustainably, according to our
Sustainable Agriculture Guiding Principles.
2020 GOAL
PROGRESS TO OUR SUSTAINABLE
100%
SOURCING GOAL
13 8% Sustainable Agriculture
2018 SAGP COMPLIANCE
2019 SAGP COMPLIANCE
18 44%
19 54%
100% We have achieved sustainable
SAGP compliance data is based on supplier farming certification or external
reporting according to our assurance requirements, assurance for:
which is consolidated and MANGO 15% I 19%
internally verified.
• All coffee used in Costa Coffee
CANE SUGAR 25% I 32%
(Rainforest Alliance)
• All sugar used in Australia
GRAPE 35% I 41% (Bonsucro/Smartcane BMP)
• All soybean used in our plant-
ORANGE 29% I 44% based drinks (Roundtable for
Sustainable Soy)
APPLE 27% I 50%
CORN 57% I 67%
21
54%
BEET SUGAR 76% I 69%
PULP & PAPER 75%
STUDIES
completed on human
rights in key countries
VOLUME LEMON 52% I 79% supplying sugar to
our company.
of sustainably sourced
PRIORITY INGREDIENTS TEA 95% I 82%
in 2019, compared to
44% in 2018.
COFFEE 94% I 90%
SOYBEANS 100% I 100%
THE COCA‑COLA COMPANY / 2019 BUSINESS & SUSTAINABILITY REPORT HIGHLIGHTS Version 1: 4/22/2020
5by20
EMPOWERING WOMEN
In 2010 we made a commitment to enable the economic
empowerment of 5 million women entrepreneurs across
our global value chain by 2020.
ON TRACK: TRACKING 5by20 PROGRESS
4.6
Over
We are on track to reach our target of
MILLION transforming the lives of 5 million women
by the end of 2020, with over 4.6 million
WOMEN women empowered as of the end of 2019.
empowered as of
the end of 2019.
TOP 5 # OF WOMEN
COUNTRIES ENABLED IN 2019
POLAND 312,515
Cumulative number of women entrepreneurs
UNITED STATES 274,796
economically empowered across our global
value chain UKRAINE 198,496
2020 GOAL KENYA 162,248
5M CHINA 68,144
16 1.7M
2018 2019 % INCREASE
17 2.4M
# ACHIEVED 865,787 1,323,167 53%
18 3.2M CUMULATIVE 3,278,866 4,602,033 40%
19 4.6M
INVESTING IN WOMEN These programs have been KENYA Provided more than
AROUND THE WORLD making a meaningful difference in 700,000 female entrepreneurs
96 countries globally. with business skills training
Our 5by20 commitment sponsors and loans to expand their
UKRAINE Created a networking
programs that address business businesses since 2010 through
and mentorship program that
barriers faced by female our external partnership with
engaged nearly 4,000 participants
entrepreneurs around the world. the Women Enterprise Fund
POLAND Trained more than
BRAZIL Offered 11,700 young
297,500 women through “Success
women life skills training and
is ME,” a program that aims to build
networking opportunities since
self-esteem while strengthening
2010 through the Coletivo
business skills
Youth program
THE COCA‑COLA COMPANY / 2019 BUSINESS & SUSTAINABILITY REPORT HIGHLIGHTS Version 1: 4/22/2020DIVERSITY
& INCLUSION
BUILDING ACCESS TO
EQUAL OPPORTUNITIES
As both a global and local business, diversity and inclusion
are at the heart of our values and our growth strategy and play
an important part in our company’s success.
WORKING TOWARD GLOBAL FEMALE
GENDER BALANCE Professional
EMPLOYEES BY LEVEL AT
THE COCA-COLA COMPANY
e aim for
W
The Coca-Cola Company
Professional
50%
to be
DRIVEN BY Mid-Level
18 50.4% Professional
WOMEN 19 48.3%
OUR STRATEGIC Mid-Level Professional
PRIORITIES
ur Women in Leadership
O
Program has helped
Senior
18 48.6% Leadership
CREATE an inclusive environment
accelerate the careers 19 48.4%
by engaging diverse talent and
850
of more than
influencing recruitment,
Senior Leadership
development, advancement
and retention.
FEMALE
EMPLOYEES Total
18 32.3% Global
ARTICULATE our D&I to date. 19 33.5%
progress through proactive
communications. Total Global
REGULATE and manage Chairman and CEO James 18 47.7%
workplace equality and fairness. Quincey became a founding 19 47.5%
member of the New York Stock
E VALUATE, CREATE and Exchange Board Advisory
Some of the 2018 numbers listed in this chart
UPDATE a systematic set of Council, which launched in 2019 differ slightly from what was reported in the
tools and resources. to improve diversity among 2018 Business & Sustainability Report due to a
regrouping of the data represented here. We are
corporate boards of directors. also now including Bottling Investments Group (BIG)
associates, who were previously not reported.
THE COCA‑COLA COMPANY / 2019 BUSINESS & SUSTAINABILITY REPORT HIGHLIGHTS Version 1: 4/22/2020THE COMPANY
www.coca-colacompany.com
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