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78THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY WATERPACKAGINGFINANCIAL AND PORTFOLIO DATAOVERVIEW GREENHOUSE GAS EMISSIONS & WASTE WORKPLACE, SAFETY & GIVING BACK HUMAN RIGHTS & AGRICULTURE DEFINITIONS OF PRIORITY TOPICS ASSURANCE STATEMENTS GREENHOUSE GAS EMISSIONS & WASTE Year ended December 31, 2014 2015 2016 2017 2018 2019 2020 2021 2022 Reduce our absolute emissions by 25% by 2030 against a 2015 baseline 7% GHG Emissions 1 Direct, from manufacturing sites (metric tons) (in millions) 1 .7 1 .7 1 .6 1 .78 1.79 1 .83 1 .49 1 .61 1.65 Indirect, from electricity purchased and consumed (without energy trading) at manufacturing sites (metric tons) (in millions) 3.6 3.8 3.8 3.76 3.76 3 .
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65 Indirect, from electricity purchased and consumed (without energy trading) at manufacturing sites (metric tons) (in millions) 3.6 3.8 3.8 3.76 3.76 3 .73 3 .75 3 .88 3.91 Indirect, from electricity purchased and consumed (without energy trading) at manufacturing sites (using GHG protocol market-based method) 2 (metric tons) (in millions) 3.44 3.35 3 .88 3 .28 3 .56 3.33 Total, from manufacturing sites (metric tons) (in millions) 5.55 5.58 5.45 5.54 5.55 5 .56 5 .24 5 .49 5.56 Total, from manufacturing sites (using GHG protocol market-based method) 2 (in millions) 5.22 5.14 5 .71 4 .77 5 .18 4.97 Emissions Ratio (gCO2 /L) 36.89 36.23 35.29 33.96 34.83 3 4.74 33 .96 33 .33 28.
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89 36.23 35.29 33.96 34.83 3 4.74 33 .96 33 .33 28.85 Business & Sustainability Report and CDP Manufacturing Emissions Reconciliation Reported Manufacturing Emissions in Business & Sustainability Report (millions of MT CO2e)–TCCS Reporting Entity 3 Scope 1 emissions per Business & Sustainability Report 1.61 1.65 Scope 2 emissions per Business & Sustainability Report 3.88 3.91 Total manufacturing emissions per Business & Sustainability Report 5.49 5.56 Reported Manufacturing Emissions in CDP (MT CO 2e)–TCCC Reporting Entity 3, 4 Scope 1–Manufacturing per CDP C7.3c 325,833 304,144 Scope 2 (location-based)–Manufacturing per CDP C6.3 869,832 890,400 Scope 3–Franchises per CDP C6.5 4,299,247 4,363,071 Total manufacturing emissions per CDP 5,494,912 5,577,615 Total manufacturing emissions per CDP (in millions) 5.49 5.
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5 4,299,247 4,363,071 Total manufacturing emissions per CDP 5,494,912 5,577,615 Total manufacturing emissions per CDP (in millions) 5.49 5.56 Energy Use5 Total Energy Use (megajoules) (in millions) 6 1,764.0 6 1,037.4 6 1,558.7 5 9,070.9 61 ,464.0 6 2,419.9 5 8,888.1 6 3,735.8 65,389 1 1,758.9 10,985.2 1 2,731.5 10,680 Percentage renewable (electricity) 1 5% 17 % 12 % 21% Energy Use Ratio (megajoules per liter of product) 0.42 0.41 0.40 0.40 0.39 0. 39 0. 38 0. 39 0.38 0. 54 0.
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41 0.40 0.40 0.39 0. 39 0. 38 0. 39 0.38 0. 54 0. 58 0 .61 0.57 1 T he direct, Scope 1 and indirect Scope 1 manufacturing emissions results shown in this section exclude fugitive emissions and flavor manufacturing plants. However, for the system-wide GHG results reported, these emissions sources are included. 2 T his metric accounts for renewable energy usage. 3 T he GHG emissions reported in the Business & Sustainability report represent the Coca-Cola system’s manufacturing emissions, which include emissions from activities which are under the Company’s operational control and activities that are related to Coca-Cola brands that are under direct control of franchise bottlers. Our CDP reporting is aligned with an operational control approach as defined by the GHG Protocol, which includes only emissions from activities within The Coca-Cola Company’s operational control as Scope 1 and 2 emissions, while manufacturing emissions from franchise bottlers are categorized as “Scope 3- Franchises”. 4 T he below emissions figures will be reported in the Company's forthcoming 2023 CDP Climate Change response. 5 S ystemwide total based on estimated total use.
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4 T he below emissions figures will be reported in the Company's forthcoming 2023 CDP Climate Change response. 5 S ystemwide total based on estimated total use. Note: Due to joint venture or merger and acquisition activities, certain brands may not be accounted for in The Coca-Cola Company-specific metrics included on this page. The Coca-C ola Company Coca-C ola System
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79THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY WATERPACKAGINGFINANCIAL AND PORTFOLIO DATAOVERVIEW GREENHOUSE GAS EMISSIONS & WASTE WORKPLACE, SAFETY & GIVING BACK HUMAN RIGHTS & AGRICULTURE DEFINITIONS OF PRIORITY TOPICS ASSURANCE STATEMENTS GREENHOUSE GAS EMISSIONS & WASTE (continued) Fleet Fuel Management Fleet fuel consumed (liters of diesel equiv.) 1 .01B1 1.10B 0.77B HFC-Free Coolers Number of pieces of HFC-free refrigeration equipment placed 623,160 730,876 886,693 9 18,009 5 71,753 8 03,602 1,070,739 Percentage of all coolers introduced in year that are HFC -f ree2 61% 65% 80% 82 % 8 3% 87 % 88% Waste2 Total Waste Generated (kilograms) (in millions) 1,441.3 1,360.5 1,
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441.3 1,360.5 1,297.4 1 ,367.8 1 ,269.9 1,490.3 1,749.6 Total Waste Ratio (grams per liter of product) 9.42 9.42 8.89 9 .17 8 .82 8.89 9.74 Total Waste Recovered (kilograms) (in millions) 1,264.6 1,181.3 1,134 1 ,212 1 ,135 1,324.8 1,587.3 Waste Recovered Percentage 87% 86% 87% 89 % 8 9% 88.6% 90.7% 1 T his 2020 figure has been adjusted. 2 S ystemwide total based on estimated total use.
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6% 90.7% 1 T his 2020 figure has been adjusted. 2 S ystemwide total based on estimated total use. The Coca-C ola Company Coca-C ola System Year ended December 31, 2014 2015 2016 2017 2018 2019 2020 2021 2022 Corrections sinceissuanceofreportinApril2023: Page 79 was updated to enter information that was not available at the time of report issuance related to equivalent liters of diesel fuel consumed by Fleet Fuel Management.
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80THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY WATERPACKAGINGFINANCIAL AND PORTFOLIO DATAOVERVIEW GREENHOUSE GAS EMISSIONS & WASTE WORKPLACE, SAFETY & GIVING BACK HUMAN RIGHTS & AGRICULTURE DEFINITIONS OF PRIORITY TOPICS ASSURANCE STATEMENTS WORKPLACE, SAFETY & GIVING BACK 1 F or exclusions, please view the criteria statement in the Independent Accountants’ Review Report . 2 C orporate employees are included in the geographic area in which they work. Bottling Investments is an operating segment with employees located in two of our four geographic operating segments. Numbers are approximate and as of December 31, 2022. 3 D ata as of December 31, 2022, for salaried and hourly employees. This data excludes Bottling Investments, Costa, fairlife and BODYARMOR employees. For exclusions, please view the criteria statement in the Independent Accountants’ Review Report . Year ended December 31,
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This data excludes Bottling Investments, Costa, fairlife and BODYARMOR employees. For exclusions, please view the criteria statement in the Independent Accountants’ Review Report . Year ended December 31, 2014 2015 2016 2017 2018 2019 2020 2021 2022 Lost-Time Incident Rate 1.9 1.6 1.29 0.57 0.38 0.32 0.34 0.281 0.25 1 Number of Employees Global Workforce 2 129,200 123,200 100,300 61,800 62,600 86,200 80,300 79,000 82,500 North America 7,000 10,000 10,700 11,000 12,100 10,800 10,000 10,000 9,600 Bottling Investments 64,700 57,200 46,600 7,700 — — — — — Latin America 2,500 2,400 2,500 2,500 2,400 2,400 2,200 2,400 2,
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500 2,400 2,500 2,500 2,400 2,400 2,200 2,400 2,600 Bottling Investments 2,200 2,000 2,000 1,900 — — — — — Europe, Middle East & Africa 5,100 4,900 4,400 4,100 4,300 5,700 5,300 5,500 5,800 Bottling Investments 10,400 10,700 — 15,300 15,400 17,000 17,300 16,300 16,500 Asia Pacific 2,800 2,600 2,600 2,600 2,600 2,900 2,700 2,900 3,100 Bottling Investments 34,500 33,400 31,500 16,700 25,800 25,700 23,800 22,900 21,300 Global Ventures 21,700 19,000 19,000 23,
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500 16,700 25,800 25,700 23,800 22,900 21,300 Global Ventures 21,700 19,000 19,000 23,600 Gender Representation by Level (global) 3 Female(global) S enior Leadership 34% 38.7% 39.0% M iddle Management 49% 50.5% 51.3% P rofessionals 36% 35.3% 36.0% Total 42% 42.9% 44.0% Male(global) S enior Leadership 66% 61.3% 61.0% M iddle Management 51% 49.5% 48.7% P rofessionals 64% 64.7% 64.0% Total 58% 57.1% 56.0% The Coca-C ola Company Coca-C ola System
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81THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY WATERPACKAGINGFINANCIAL AND PORTFOLIO DATAOVERVIEW GREENHOUSE GAS EMISSIONS & WASTE WORKPLACE, SAFETY & GIVING BACK HUMAN RIGHTS & AGRICULTURE DEFINITIONS OF PRIORITY TOPICS ASSURANCE STATEMENTS WORKPLACE, SAFETY & GIVING BACK (continued) The Coca-C ola Company Coca-C ola System 1 T his percentage represents People of Color. For exclusions, please view the criteria statement in the Independent Accountants’ Review Report . Year ended December 31, 2020 2021 2022 Race/Ethnicity Representation by Level (U.S. only)  S enior L eadership 29%1 Asian 10.0% 10.0% Hispanic/Latino 9.4% 9.9% Black/African American 8.2% 8.6% American Indian/Alaskan Native 0.2% 0.0% Native Hawaiian/Other Pacific Islander 0.2% 0.
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9% Black/African American 8.2% 8.6% American Indian/Alaskan Native 0.2% 0.0% Native Hawaiian/Other Pacific Islander 0.2% 0.1% White 62.7% 61.4% Two or more races 0.9% 0.9% N ot specified 8.4% 9.1%  Mi ddle M anagement 35%1 Asian 10.4% 10.4% Hispanic/Latino 8.9% 8.7% Black/African American 15.4% 16.1% American Indian/Alaskan Native 0.3% 0.3% Native Hawaiian/Other Pacific Islander 0.2% 0.1% White 58.0% 57.1% Two or more races 2.0% 2.2% N ot specified 4.8% 5.2%  P rofessionals 51%1 Asian 4.2% 5.4% Hispanic/Latino 20.6% 21.2% Black/African American 27.4% 30.3% American Indian/Alaskan Native 0.
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2% 5.4% Hispanic/Latino 20.6% 21.2% Black/African American 27.4% 30.3% American Indian/Alaskan Native 0.6% 0.4% Native Hawaiian/Other Pacific Islander 0.3% 0.5% White 42.3% 36.7% Two or more races 2.5% 3.0% N ot specified 2.1% 2.4% Total 43%1 Asian 7.2% 8.1% Hispanic/Latino 14.8% 14.6% Black/African American 20.9% 22.0% American Indian/Alaskan Native 0.5% 0.3% Native Hawaiian/Other Pacific Islander 0.2% 0.3% White 50.4% 48.1% Two or more races 2.2% 2.5% N ot specified 3.8% 4.3%
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82THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY WATERPACKAGINGFINANCIAL AND PORTFOLIO DATAOVERVIEW GREENHOUSE GAS EMISSIONS & WASTE WORKPLACE, SAFETY & GIVING BACK HUMAN RIGHTS & AGRICULTURE DEFINITIONS OF PRIORITY TOPICS ASSURANCE STATEMENTS WORKPLACE, SAFETY & GIVING BACK (continued) 1 I ncludes reports and allegations raised through The Coca -C ola Company’s Human Rights Policy reporting process. 2 I n 2019, Employee Relations redefined how cases were captured in the case management tool of record. Therefore, the reported figure includes only those allegations that required investigations only as opposed to generalized questions raised to Employee Relations. Please note, however, that all questions presented to Employee Relations were answered even if the question did not warrant an investigation. While we previously reported on all cases and questions raised through our case management tool, we no longer capture that data. This helps us to ensure that we have more accurate visibility to annual Human Rights cases. This change accounts for the 2019 variance when compared to previous years.
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This helps us to ensure that we have more accurate visibility to annual Human Rights cases. This change accounts for the 2019 variance when compared to previous years. 3 T his amount includes charitable grants awarded by The Coca-Cola Foundation and donations made by The Coca -C ola Company. 4 T his percentage was calculated based on the company’s prior year operating income (excluding the Bottling Investments operating segment). Year ended December 31, 2014 2015 2016 2017 2018 2019 2020 2021 2022 Human Rights Cases Reported by Category 1 Ask a Workplace Rights Question 20 11 8 2 — — — — Child Labor 1 — — — — — — — Discrimination 88 55 42 59 452 30 42 27 Forced Labor 3 — — — — — — 1 Freedom of Association 3 4 1 1 — — — 2 Retaliation 47 37 23 17 172 17 22 11 Safe and Healthy Workplace 55 33 22 31 52 74 50
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— 2 Retaliation 47 37 23 17 172 17 22 11 Safe and Healthy Workplace 55 33 22 31 52 74 50 37 Work Hours and Wages 64 42 34 36 182 5 7 11 Workplace Security 20 10 13 15 122 9 8 — Total Cases 300 192 143 161 972 135 129 89 Investment Back Into Local Communities Amount of charitable contributions made by The Coca-Cola Company and The Coca-Cola Foundation (in millions)3 $ 1 26 $ 1 17 $ 1 06 $ 1 38 $ 1 25 $ 1 25 $ 1 86.1 $ 1 73.5 $ 1 39.0 Percentage of the company’s operating income 4 1.3% 1.9% 1.2% 1.6% 1.5% 1.3% 1.9% 2.0% 1.
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3% 1.9% 1.2% 1.6% 1.5% 1.3% 1.9% 2.0% 1.4% The Coca-C ola Company Coca-C ola System
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83THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY WATERPACKAGINGFINANCIAL AND PORTFOLIO DATAOVERVIEW GREENHOUSE GAS EMISSIONS & WASTE WORKPLACE, SAFETY & GIVING BACK HUMAN RIGHTS & AGRICULTURE DEFINITIONS OF PRIORITY TOPICS ASSURANCE STATEMENTS HUMAN RIGHTS & AGRICULTURE 1 I ndependent third-party audits. 2 P rogress toward total sustainable sourcing of all 12 priority ingredients, combined, using third-party validation programs against The Coca-Cola Company’s previous Sustainable Agriculture Guiding Principles (SAGP) effective for 2013–2020. 3 P rogress toward total sustainable sourcing of all 12 priority ingredients, combined, using third-party validation programs approved under The Coca-Cola Company’s Principles for Sustainable Agriculture (PSA) effective for 2021–2022. Sustainably sourced volumes reported through 2020 were against the former Sustainable Agriculture Guiding Principles. Data reported for 2022 represents key ingredients that are sustainably sourced to our Leader standard in line with our PSA.
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Sustainably sourced volumes reported through 2020 were against the former Sustainable Agriculture Guiding Principles. Data reported for 2022 represents key ingredients that are sustainably sourced to our Leader standard in line with our PSA. 4 W e paused ingredient level reporting for 2021, and resumed this reporting for 2022. Year ended December 31, 2014 2015 2016 2017 2018 2019 2020 2021 2022 Human Rights Audits by Region 1 Total 2,318 2,789 3,204 2,823 2,778 2,279 2,848 2,
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318 2,789 3,204 2,823 2,778 2,279 2,848 2,770 Africa 120 188 259 236 206 165 297 259 Eurasia 116 93 133 109 78 89 124 141 Europe 218 339 356 280 376 296 385 345 Latin America 563 705 775 627 698 571 795 748 Middle East & North Africa 57 77 109 107 95 56 62 161 North America 171 180 266 208 161 124 156 146 Pacific 1,073 1,207 1,306 1,256 1,164 978 1,029 970 Number of Women Economically Enabled (cumulative) 864,996 1,237,734 1,751,626 2,413,079 3,278,866 4,602,033 6,073,117 2020
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996 1,237,734 1,751,626 2,413,079 3,278,866 4,602,033 6,073,117 2020 goal achieved 2020 goal achieved Agriculture Sustainably source our key agricultural ingredients %ofkeyingredientssustainablysourced(SAGP)2 not available not available 44% 54% 56% 61% — %ofkeyingredientssustainablysourced(PSA)3 58% 64% Apples not available 0–25% 26–50% 50% 60% —4 55% Coffee 76–100% 76–100% 76–100% 90% 97% —4 99% Corn 0–25% 0–25% 51–75% 67% 67% —4 70% Grapes not available 26–50% 26–50% 31% 39% —4 37% Lemons 51–75% 51–75% 51–75% 79% 82% —4 96% Mangoes not available not available 0–25% 19% 34% —4
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51–75% 51–75% 51–75% 79% 82% —4 96% Mangoes not available not available 0–25% 19% 34% —4 36% Oranges 0–25% 0–25% 26–50% 44% 44% —4 89% Soybeans not available not available 76–100% 100% 100% —4 100% Sugar Beets 51–75% 51–75% 51–75% 69% 83% —4 80% Sugar Cane 0–25% 0–25% 0–25% 32% 31% —4 40% Tea 76–100% 76–100% 76–100% 82% 84% —4 74% Pulp & Paper not available not available not available 75% 92% —4 86% The Coca-C ola Company Coca-C ola System
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84THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT DEFINITIONS OF PRIORITY TOPICS CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY WATERPACKAGINGFINANCIAL AND PORTFOLIO DATAOVERVIEW GREENHOUSE GAS EMISSIONS & WASTE WORKPLACE, SAFETY & GIVING BACK HUMAN RIGHTS & AGRICULTURE DEFINITIONS OF PRIORITY TOPICS ASSURANCE STATEMENTS Topic name Subtopic(s) Definition Advocacy & Regulatory Engagement Advocacy & Political Engagement How a company contributes to or engages with efforts in favor of or against policies and laws. This involves lobbying on issues such as taxes, trade policies, and regulation, including on sustainability issues. It also encompasses corporate stances and actions on social issues and world events. Regulatory Engagement & Responsiveness How a company monitors risks and opportunities derived from emerging policies and laws and interacts with governments and political bodies to shape or respond to them.
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Regulatory Engagement & Responsiveness How a company monitors risks and opportunities derived from emerging policies and laws and interacts with governments and political bodies to shape or respond to them. Biodiversity & Deforestation Biodiversity & Deforestation  How a company implements policies to sustainably manage, preserve, and restore the variety of living organisms on earth for the benefit of human beings, the planet, and climate. Involves the effects of the production of agricultural raw materials used in a company’s system and value chain on biodiversity. Business Continuity & Resilience Adapting and Thriving in a Digital Environment How a company manages the digital landscape, evolving shopping preferences and patterns, incorporating technology into business processes, and the enhanced capacity to conduct operations online. Also involves measures to ensure the necessary skills transformation of their workers and those in their value chain. Business Continuity & Resilience  How a company manages potential disruptions to business operations, including the workforce and supply chains, caused by geopolitical and geoeconomic tensions, social issues, including rising inequality or refugee migration, demographic changes, or economic crises. Also involves anticipating and adapting to changing environments to ensure the necessary skills transformation of their workers and those in their value chain.
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Also involves anticipating and adapting to changing environments to ensure the necessary skills transformation of their workers and those in their value chain. Cybersecurity & Data Privacy How a company protects and remediates information systems and networks from accidental or illegal breaches. Also includes how information is collected, used and transferred and respecting a data subject's privacy rights.   Innovation & Competitiveness  How a company is able to continually transform business operations and develop products in response to increasing competitive pressure in the marketplace. Climate Change Climate Change Risk & Resilience How a company manages the physical impacts and risks of climate change due to changes in weather patterns and increased frequency and severity of natural disasters, which could decrease agricultural productivity, exacerbate water scarcity, impair production capabilities, disrupt the supply chain, and impact demand for products. Also incorporates transition risks and the ability to manage and adapt to new policies and markets connected to the low-carbon economy transition. GHG Emissions How a company manages its direct and indirect emissions of greenhouse gases throughout the value chain, and mitigates contributions to climate change in line with net zero methodologies.
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GHG Emissions How a company manages its direct and indirect emissions of greenhouse gases throughout the value chain, and mitigates contributions to climate change in line with net zero methodologies. Examples of this include transition to renewable energy, use of alternative fuels, and energy efficiency through new equipment and processes, such as HFC-free equipment, as well as through reducing the environmental footprint of buildings and facilities across their life-cycles. Topic name Subtopic(s) Definition Corporate Governance Business Ethics & Compliance How a company implements policies and procedures surrounding compliant and lawful corporate conduct and competition in the marketplace. Includes the systems and channels in place to collect, process, and address complaints regarding suspected violations. Corporate Governance How a company implements policies and standards that determine how it operates, including its business strategy and goals, risk management, and sustainability integration. Includes the processes for ensuring the knowledge, skills, experience and diversity of board members. Transparency & Sustainability Data Validity How a company discloses robust and credible sustainability data based on globally accepted metrics in the face of increasing calls for sustainability data and assurance.
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Transparency & Sustainability Data Validity How a company discloses robust and credible sustainability data based on globally accepted metrics in the face of increasing calls for sustainability data and assurance. Health & Nutrition Consumer Preference Alignment  How a company responds to and aligns with evolving consumer preferences and concerns, including health, wellness, and nutrition considerations, expectations of transparency, as well as increased demand for sustainable products. Health & Nutrition How a company manages the impact its products have on the health and nutrition of consumers, not only in relation to the product offering, but also in relation to education, information, and research. Labor & Human Rights Human Rights How a company respects the rights of employees, workers in the supply chain, consumers, and communities the company interacts with. Includes alignment with human rights due diligence principles in the UN Guiding Principles on Business and Human Rights. Labor Rights & Relations How a company upholds worker's rights, including stipulations of employment, working conditions, and freedom of association. Occupational Health & Safety How a company implements policies, practices, and training in place to mitigate risks and uphold workplace health and safety.
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Occupational Health & Safety How a company implements policies, practices, and training in place to mitigate risks and uphold workplace health and safety. Packaging & Circularity Packaging & Circularity  How a company supports a circular economy, such as reusable/recyclable materials, collection and recycling, partnerships and innovation. Involves integrating sustainability considerations in the production and consumption of products and services across a company, system and value chain. Operational Waste How a company manages the waste and effluents generated from operations that are not able to be reused or recycled, and the associated management practices. Product Quality & Safety Product Quality & Safety How a company meets industry and consumer standards for quality and safety. This includes both fulfilling consumers' needs and complying with food safety, considering ingredients and their effects on health, and relevant certifications that verify environmental or social aspects of products.
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85THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY WATERPACKAGINGFINANCIAL AND PORTFOLIO DATAOVERVIEW GREENHOUSE GAS EMISSIONS & WASTE WORKPLACE, SAFETY & GIVING BACK HUMAN RIGHTS & AGRICULTURE DEFINITIONS OF PRIORITY TOPICS ASSURANCE STATEMENTS DEFINITIONS OF PRIORITY TOPICS (continued) Topic Name Subtopic(s) Definition Responsible Marketing Responsible Marketing How a company responsibly and accurately sells and markets products and communicates with consumers. Includes compliance with marketing regulations and restrictions (e.g., not marketing to children under 13). Alcohol Responsibility How a company markets alcohol products, engages in alcohol responsibility programs, and shares information with consumers about alcohol so that they can make informed decisions. Also includes responsible guidelines for associates and partners. Responsible Sourcing Responsible Sourcing & Supply Chain How a company sets policies, controls and market incentives in place to procure goods and raw materials that have been produced respecting the environment, workers and communities.
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Responsible Sourcing Responsible Sourcing & Supply Chain How a company sets policies, controls and market incentives in place to procure goods and raw materials that have been produced respecting the environment, workers and communities. Includes efforts to have a positive impact and ensure alignment by suppliers and distributors with sustainability policies.  Sustainable/ Regenerative Agriculture How a company implements policies and procedures in its agricultural supply chain to have a net-positive impact in an attempt to mitigate the impacts of climate change. Involves an approach to farming that aims to improve soil health and preserve biodiversity. Animal Welfare How a company implements practices and policies surrounding the physical and emotional treatment of animals involved in business operations along the value chain. Stakeholder, System & Business Partner Engagement Stakeholder Engagement How a company identifies, involves, and communicates with certain groups of people who may impact or be impacted by business activities, and building trust-based relationships. System Engagement How a company manages business and sustainability partnerships with The Coca-Cola Company’s bottling partners (e.g., independent entities responsible for manufacturing and/or distributing Coca-Cola packaged beverage products). Third-Party Service Provider & Business Engagement How a company manages business and sustainability partnerships, opportunities and challenges.
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Third-Party Service Provider & Business Engagement How a company manages business and sustainability partnerships, opportunities and challenges. This includes ensuring compliance with anti-corruption provisions, and relevant business and sustainability policies and regulations. Sustainable Communities Community Impact & Sustainable Communities How a company positively or negatively impacts communities with which it interacts through its operations and business transactions, including in the value chain, as well as voluntary community initiatives. Topic Name Subtopic(s) Definition Water Stewardship Water Stewardship How a company manages water resources in order to meet business and community needs. Includes a company's processes for water withdrawal, water use rights, mitigating water risk, and replenishing water used in a system and value chain. Talent Attraction, Retention & DEI Diversity, Equity & Inclusion How a company ensures there is diversity, equity, and inclusion in the workforce and throughout the value chain. It also includes how business operations approach diversity, equity and inclusion through marketing, sales and corporate citizenship. Talent Attraction & Retention How a company recruits, engages, and maintains employees in the face of increasing competition for talent and the evolving expectations from workers on the future of work and generational mindsets.
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Talent Attraction & Retention How a company recruits, engages, and maintains employees in the face of increasing competition for talent and the evolving expectations from workers on the future of work and generational mindsets. It also includes the strategies in place to maintain a diverse workforce. StakeholderPriorityTopics The topics stakeholders identified in order of priority are as follows: (Score out of seven) Packaging & Circularity 5.91 Talent Attraction, Retention & DEI 2.14 Water Stewardship 5.36 Labor & Human Rights 2.11 Health & Nutrition 4.28 Product Quality & Safety 1.89 Responsible Sourcing 3.53 Biodiversity & Deforestation 1.89 Climate Change 2.96 Business Continuity & Resilience 1.84 Sustainable Communities 2.67 Corporate Governance 1.57 Advocacy & Regulatory Engagement 2.61 Stakeholder, System & Business Partner Engagement 1.29 Responsible Marketing 2.27
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86THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY WATERPACKAGINGFINANCIAL AND PORTFOLIO DATAOVERVIEW GREENHOUSE GAS EMISSIONS & WASTE WORKPLACE, SAFETY & GIVING BACK HUMAN RIGHTS & AGRICULTURE DEFINITIONS OF PRIORITY TOPICS ASSURANCE STATEMENTS ASSURANCE STATEMENTS 2022 Business & Sustainability Report Independent Accountants’ Review Report 2022 Greenhouse Gas Emissions Assurance Statement
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87THE COCA-COLA COMPANY 2022 BUSINESS & SUSTAINABILITY REPORT CEO MESSAGE EXECUTIVE SUMMARYCONTENTS AGRICULTUREPORTFOLIO DATA APPENDIXPACKAGING FRAMEWORKSWATER OPERATIONSCLIMATE PEOPLEOUR COMPANY Global Reporting Initiative (GRI) Task Force on Climate-related Financial Disclosures Sustainability Accounting Standards Board (SASB) United Nations Global Compact (UNGC) United Nations Guiding Principles Reporting Framework (UNGPRF) United Nations Sustainable Development Goals (UNSDGs) GRI provides a globally recognized framework for companies to measure and communicate their environmental, economic, social and governance performance. We prepared this report in accordance with the GRI Standards: Core option. This is the twelfth consecutive year that these reporting principles have informed our reporting process, and we regularly assess our progress against these guidelines. In this report, the GRI General Disclosures are solely for The Coca-Cola Company. For all other indicators, the scope is identified in the referenced documents. Beyond reporting on performance indicators required by the GRI, we report on additional indicators important to our broad range of stakeholders. This report also meets the requirements of the UNGC Advanced Communication on Progress and aligns with the UNGPRF, which addresses reporting on human rights.
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This report also meets the requirements of the UNGC Advanced Communication on Progress and aligns with the UNGPRF, which addresses reporting on human rights. We review our reporting regularly and aim to be as responsive as possible to our stakeholders’ feedback. Reporting Frameworks & SDGs In a separate PDF document available here, we index the contents of this report to several reporting frameworks and standards.
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COCA-COLACOMPANY.COM Version 2
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