SUSTAINABILITY UPDATE 2015/2016 About the Cover: Water and Women ­— Creating a Ripple Effect

Elizabeth, shown on the cover, is a mother and water kiosk manager in Naivasha, Kenya, where access to safe drinking water was scarce. Read more about Elizabeth and two other equally inspiring women — Sofia and Geetha (all shown here) — who share their stories and demonstrate the TABLE OF positive impact that occurs when women CONTENTS entrepreneurs have access to safe drinking water. Access to water brings new employment opportunities through new businesses Introduction 2 related to agricultural programs or even Our Journey Forward 3 water kiosks where safe water access is managed for the community. Women who 2020 Sustainability 5 Commitments no longer transport water for their families can spend time learning entrepreneurial Our Reporting 6 skills to run businesses and can provide Water 7 for their families in a different way. Women 10 Elizabeth, Sofia and Geetha are just three of many women who have benefited Well-Being 12 from Coca-Cola's 5by20™ initiative and Human Rights 15 water programs. Through their work they continue to create a “ripple effect,” Packaging 17 strengthening their communities. Climate 19 Agriculture 21 Giving Back 23 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

OUR JOURNEY FORWARD A Letter from Muhtar Kent and James Quincey

DEAR FRIENDS, COLLEAGUES the Coca-Cola system, it also helps to more than 1.2 million businesswomen AND PARTNERS: strengthen the connections between our with programs in the form of training, brands and the people who reach for mentoring, micro-loans and more. The Coca-Cola Company is committed them more than 1.9 billion times a day. to creating more long-term sustainable Water, the primary ingredient in value for everyone connected to our This is fundamentally important to us our products, is essential to the business and the communities we as we know our business thrives and sustainability of our business. In 2015, proudly serve across more than 200 grows best when our local communities we achieved our goal of replenishing countries and territories. are also thriving and growing. 100 percent of the water we use in our finished beverages as calculated To this end, we’ve established a set of Our work on sustainable business using generally accepted scientific priorities that are intimately connected practices not only helps to improve the methods and with the assistance of to our business of producing and lives of individuals and families across independent, reputable partners like selling high-quality beverages and Deloitte, The Nature Conservancy providing people with simple moments and LimnoTech. But reaching 100 of refreshment and togetherness. percent replenishment doesn’t mean Pictured: James Quincey, President and Chief Operating Officer; Today, our primary sustainability focus our work is done and as our business and Muhtar Kent, Chairman and Chief Executive Officer. is on the “Three Ws” of women, water grows, we will continue to maintain our and well-being. stewardship of this valuable resource. NEWS AND OPINIONS Women, often pillars of the As for well-being, we are taking a communities we serve, tend to holistic view of what it means to make invest strongly in their families and a positive difference in the world. ©© 2015 Year in Review neighborhoods. However, they remain This effort begins with the role of our ©© Five Strategic Actions at an economic disadvantage in almost brands and the value we create for ©© Q&A with James Quincey every part of the globe. That’s why we those linked to our business, including ©© Muhtar Kent: Why I'm a made a commitment to an initiative our associates, retail and restaurant Realistic Optimist called 5by20™—with a goal to help customers, bottling partners, suppliers enable 5 million women entrepreneurs and many others. ©© Download: 2015 across our global value chain by 2020. Annual Review Our work doesn’t stop there. In 2015, we As of year-end 2015, we had helped to also joined with partners in advance of enable the economic empowerment of the COP21 conference to sign the Food

Related: A New Water System in South Africa Changes Lives | Coca-Cola and the 2030 Water Resources Group | COP21 Series | Related Content 3 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

and Beverage Leadership Statement on circumstances. This approach is a Climate Change. long-term business strategy and can OUR STRATEGY: EMBEDDING also help the people and communities Moreover, we continue to seek SUSTAINABILITY IN THE BUSINESS enduring times of hardship. new ways to increase supply-chain sustainability and reduce our overall In all we do, our business tries to take carbon footprint. In 2015, we placed in the approach of staying “constructively market more than 490,000 HFC-free discontent.” We’re always encouraging A Letter from Bea Perez, beverage coolers, bringing our total to our partners, our colleagues and 1.8 million. ourselves to achieve more, work more Chief Sustainability Officer holistically and be more efficient. Beyond our sustainability commitments, we support the United Nations Thank you for your interest in Global Compact, advancing its Coca-Cola’s ongoing sustainability principles through our actions and our journey. We welcome your feedback relationships. We believe in creating and your suggestions as we continue value and engaging across local, in our relentless pursuit of ever more “We are a global business regional and national governments, sustainable business practices and that operates on a local scale, NGOs, educational institutions, and our greater value creation. in every community where local communities. we work; that is the strength Of course, there are always areas of the Coca-Cola system. Very best regards, where we can improve. In 2015, we took We’ve built our business on action to engage more transparently the power of partnerships, with groups and individuals concerned starting at our earliest origins about obesity. We’re also concerned with our bottling partners at about the growing challenge of non- the community level. Today, communicable diseases. Additionally, this global-local business we’ve expanded our efforts to be part Muhtar Kent endures as we engage with of the solution through sweetener Chairman and Chief Executive Officer stakeholders around the world and packaging innovations, product The Coca-Cola Company reformulation, responsible marketing, to work together through our promoting clear facts and increasing the 'Golden Triangle' partnership number of no-, low- and reduced-calorie approach to create beverage options. lasting value. This is what sustainability means to us.” Macroeconomic uncertainty and James Quincey volatility remain concerns for our President and Chief Operating Officer Read the Full Letter on The Coca-Cola Company business. We believe, however, Coca-Cola Journey. that a business like ours must continue to invest in our brands and our communities in all economic

4 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

2020 SUSTAINABILITY COMMITMENTS: PROGRESS UPDATE

PILLAR CHAPTER GOAL PROGRESS 2015 2014 2013 This dashboard provides Offer low- or no-calorie beverage options in every market. 191 markets 191 markets 192 markets an overview of our 2020 sustainability commitments. ME Provide transparent nutrition information, featuring Nearly all markets Nearly all markets Nearly all markets Well-Being calories on the front of all of our packages. These commitments extend Enhancing Personal across the entire Coca-Cola Well-being Market responsibly, including no advertising to children 100% print; 99.8% online; 97.0% 100% print; 99.5% online; 88.5% 100% print and online; 96.9% system, which includes all of our under the age of 12 anywhere in the world.* television television television nearly 250 independent bottling partners. We have set ambitious Enable the economic empowerment of 5 million women More than 1,200,000 Nearly 865,000 More than 550,000 targets to drive system- Women across our global value chain–cumulative (as per wide change beyond small Coca-Cola's definition). operational improvements. WE Achieve at least 98% compliance with independent 90% of bottling partners and 88% of bottling partners and 83% of bottling partners and Although we do not own most Creating Stronger Human Rights franchise bottling partners and 95% compliance with our 92% of direct suppliers achieved 90% of direct suppliers achieved 86% of direct suppliers achieved of the companies that comprise Communities Supplier Guiding Principles (SGP) among our suppliers. compliance with our SGP. compliance with our SGP. compliance with our SGP. our bottling system, we feel it is important to strive for large- Give back at least 1% of the Company's operating income $117MM; 1.2% $126MM; 1.3% $143MM; 1.4% scale success and to provide Giving Back (OI) annually. (Total $; %OI) leadership that will raise the bar for our system and our industry. Safely return to communities and nature an amount 115% (191.9 B liters) of the water 94% (153.6 B liters) of the water 68% (108.5 B liters) of the water of water equivalent to what we use in our finished used in our finished beverages used in our finished beverages used in our finished beverages beverages and their production.** (based on 2015 sales volume). (based on 2014 sales volume). (based on 2013 sales volume). Water Improve water efficiency in manufacturing operations by 1.98; 12% 2.03; 10% 2.08; 8% 25% compared with a 2010 baseline. (liters of water used per liter of product produced by the Coca-Cola system; % improvement since 2010)

Work with our partners to recover and recycle the 59% 61% 63% *According to an analysis by Accenture equivalent of 75% of the bottles and cans we introduce WORLD Packaging Media Management commissioned into developed markets. (estimate percent progress) by the International Food & Beverage Protecting the Alliance, measuring industry compliance. Environment 13% Draft reduction targets have Metrics established. Reduce the carbon footprint of "the drink in your hand" by Accenture's analysis includes a globally Climate 25% (estimate progress compared with a 2010 baseline). been set through 2020 by representative sample of markets. business units. Some markets are repeated to obtain a comparison year on year. Audience Sustainably source our key agricultural ingredients. More than 95% of Coca-Cola’s Developed the seven-step Publicly committed to threshold used in Accenture's study was globally sourced coffee and tea Supplier Engagement Program sustainably source our key more than 50% children younger than 12. and an estimated 54% of our lemon and convened 14 workshops. agricultural ingredients. Agriculture supply meets Company-approved **This estimate was calculated using sustainable sourcing guidelines. generally accepted and recognized Coca-Cola is contracted to scientific and technical methods, and in purchase over 1 million tons of more association with independent third parties sustainably sourced sugar in 2016. like The Nature Conservancy, LimnoTech and Deloitte.

Related: A New Water System in South Africa Changes Lives | Coca-Cola and the 2030 Water Resources Group | COP21 Series | Related Content 5 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

OUR APPROACH TO REPORTING Introducing Our Refreshed Reporting Structure About This Report Disclosure & Content Index Our reporting against leading The Coca-Cola Company has a longstanding The systems, scope and activities EXPANDING THE BREADTH associated with our reporting. sustainability frameworks - GRI, commitment to reporting on our sustainability OF OUR REPORTING UNGC, and SDGs. journey. As we advance progress against our A shorter PDF document does not mean less 2020 Sustainability Commitments, we information. On the contrary, the role of this issue sustainability updates annually that Sustainability Update is to provide easier encompass both our Company’s and the access to all of our disclosures, metrics, broader Coca-Cola system’s global operations. programs and progress online. We believe Click here to access our prior annual this new reporting structure will make it easier sustainability reports. for our stakeholders to locate the information that matters most to them. Our Sustainability OUR APPROACH Update is a portal to a larger universe of We found that a single document does not information. This way, our readers can take Priority Issue Analysis always meet the needs of all our stakeholders. advantage of the best of both worlds: A Prioritizing our issues enables us to report That is why, this year, we have transitioned our quick summary of the year’s highlights with on those that matter most to our business sustainability updates and disclosures online the option to dive deeper into the online and stakeholders. at Coca-Cola Journey, where we can update modules, rich with dynamic, real-time news our reporting with dynamic, real-time news stories and blogs. stories and blogs. We have also published this succinct Sustainability Update, which provides HOW TO NAVIGATE THIS REPORT readers with this year’s highlights and links to Access to our sustainability disclosures can find more information online. be found in our Sustainability Update and on Throughout this PDF, we include 2015 highlights, Coca-Cola Journey. Throughout Journey, we as well as links to stories and disclosures on include discussions on our approach to, and Coca-Cola Journey and our 2015 Form 10-K. In management of, our priority issues, goals, each chapter we report on key progress from metrics, partnerships and programs, while the Access to our sustainability disclosures can be the past year, key partnerships and link readers Sustainability Update includes only highlights found here in this Sustainability Update and on to disclosures on Coca-Cola Journey. We from 2015 with access to our disclosures, Coca-Cola Journey. Read more. also highlight stories from our global Journey policies and programs. pages, some of which will be reported in local languages. This helps to demonstrate the breadth of our reporting across the system.

Related: A New Water System in South Africa Changes Lives | Coca-Cola and the 2030 Water Resources Group | COP21 Series | Related Content 6 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

WATER STEWARDSHIP Coca-Cola Achieves 100 Percent Replenishment Goal

SIGNIFICANT ACHIEVEMENT: Reaching 115 percent replenishment REPLENISHING THE doesn’t mean our work is complete. OUR WATER FOCUS WATER WE USE We will continue to advance water ©© Collaborating to Replenish the Water We Use projects because, as the primary In 2015, we achieved our goal to ©© ingredient in our products, water is Improving Our Water-Use Efficiency replenish at least 100 percent of the ©© Mitigating Water Risk water we use in our finished beverage essential to the sustainability of our ©© Treating and Recycling Wastewater sales volume. Based on the business and that of our bottling Coca-Cola system’s 2015 global partners and the markets we serve. To water replenishment projects, the help ensure the long-term availability Our strategy is governed at the highest system is balancing the equivalent of of this critical resource to both local levels of our business, with oversight Raising Awareness and Collective Action for an estimated 115 percent of the water communities and our operations, we from our CEO, CSO and Board of used in its finished beverages based have a robust water stewardship and Directors. Water with WWF management program that includes a on 2015 sales volume. This estimate World Wildlife Fund and The Coca-Cola Company have been was calculated using generally formal approach to responsible water CONTINUE READING ON PAGE 8 working together since 2007 to help conserve the world’s accepted and recognized scientific and risk management. freshwater resources. Read more. technical methods, and in association Our water stewardship efforts are with independent third-parties like The built on rigorous transparency. Nature Conservancy, LimnoTech and We gather detailed data on our ESTIMATED QUANTITY OF Responsible IN-DEPTH REPORTING Deloitte. In 2015, the Coca-Cola system replenishment projects and make WATER REPLENISHED Water replenished 191.9 billion liters of water them available online. We invite you Management ©© Our Approach to Water to communities and nature, through 248 to review the data. In 2015, the system in India and Stewardship 115% 2015 community water projects in 71 countries. replenished an Beyond ©© Our Partners WATER MANAGEMENT IS On the production side, the estimated 191.9 In India, our local ©© Our Position: Respecting CRUCIAL TO OUR BUSINESS 94% 2014 bottling plants are Coca-Cola system returned billion liters of the Human Right to working to identify Water and Sanitation approximately 145.8 billion liters Because water quality and availability water through opportunities to reduce is key to our business, our stewardship 248 community 2013 ©© The Water-Energy-Food Nexus of water used in its manufacturing 68% consumption and processes back to local watersheds is based on a comprehensive risk water projects in 71 recycle and reuse ©© Our CDP Climate Change near our bottling plants through mitigation strategy, which we continue countries. 52% 2012 water. Read more. and Water Disclosures treated wastewater in 2015. to evaluate on a regular basis.

Related: Meet Our Experts | Coca-Cola and the 2030 Water Resources Group | COP21 Article Series | Related Content 7 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

PROJECT RAIN MILESTONES WATER FUNDS TO ADDRESS GLOBAL WATER CHALLENGES Our Replenish Africa Initiative (RAIN) achieved its goal “Globally, our freshwater of improving sustainable access to safe water for more Coca-Cola has invested in nearly 50 water funds environment is under threat. than 2 million people by end of 2015 in more than 1,800 across 11 countries in Latin America, the Caribbean and Assessment of water-related communities. But we are not stopping there. We have Africa. Water funds are financial instruments designed to risks and impacts is the first challenged ourselves and our more than 140 partners preserve water for all users in a watershed. step in any plan to tackle to provide the same benefit to another 4 million people Ultimately, we believe the most effective way to address by 2020. RAIN programs have also provided sanitation global water challenges. And water conservation is collaboration at all levels— The Coca-Cola Company has and hygiene, productive use of water or watershed business, government and civil society—and that protection programs in 37 African countries. been a leader in this space, every user of water needs to be a part of the solution. sharing learnings with others In order to help lift people out of poverty, giving Even though we have exceeded our 100 percent water in their sector. The Coca-Cola African communities more opportunity for prosperity, replenishment goal, we will continue our work, ensuring Company has started the The Coca-Cola Foundation and The Coca-Cola Africa that replenishment and source water protection remain Foundation pledged an additional $35 million in 2015 to priorities for the Company and our bottling partners. journey towards good water continue supporting water-based initiatives across Africa. stewardship and made solid progress. However, we see NEW WORLD INITIATIVE & SUSTAINABLE a long road ahead. The next DEVELOPMENT GOALS READ MORE ABOUT WATER STEWARDSHIP challenge is to expand on the Building on the successful partnership with the United ON COCA-COLA JOURNEY  work being done and influence Nations Development Programme (UNDP) on Every policy makers to recognize the Drop Matters, we launched the New World in 2014. This need for action to ensure the initiative expands our scope of collaboration beyond durability of these programs.” water sustainability to also include empowering women KARIN KRCHNAK, DIRECTOR, and youth, improving education and generating job FRESHWATER, WORLD WILDLIFE FUND opportunities to build resilient communities. Since 2015, New World has reached more than an estimated 1 million people through 44 projects in 19 countries. PERFORMANCE ON WATER EFFICIENCY IN MANUFACTURING New World not only aligns with Coca-Cola’s sustainability strategy but is also positioned to play a Working to Restore key role in support of the United Nations Sustainable Ayubia National Park Development Goals (SDGs). Coca-Cola was involved in a variety of SDG events and activities in 2015, Learn how an integrated multi- including engaging in discussions at the World Water stakeholder approach rooted in community empowerment Things You Want Us to Answer Forum. In 2015, we also signed onto several statements, Around Water including the Women for Water and Sanitation creates results to restore watersheds in Pakistan. This is a series focused on Declaration and the joint statement on access transparency, in which Bea Perez and to water, sanitation and hygiene and freshwater Read more on Coca-Cola Greg Koch address frequently asked ecosystem conservation with WWF and WaterAid. Pakistan Journey. questions about water. Read more.

Related: Meet Our Experts | Coca-Cola and the 2030 Water Resources Group | COP21 Article Series | Related Content 8 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

The Sustainable Development Goals

The Coca-Cola Company sees the value that meeting the Sustainable Development Goals (SDGs) will bring to the world, business and, most importantly, to those afflicted by poverty. Through our sustainability platform, our Company is aligned and contributing toward all 17 SDGs, with an especially strong focus on our leadership areas of women, water and well-being. The Company launched a comprehensive overview of Coca-Cola’s inputs toward the achievement of the SDGs, outlining our support of meaningful programs and partnerships that help communities achieve these necessary goals, to build a better world for 2030 and beyond.

IN-DEPTH: EXPLORE OUR WORK TO SUPPORT THE SDGS

©© Sustainable Development Goals Need Us – Yes, Us, The Private Sector by: Bea Perez, CSO, The Coca-Cola Company ©© Download Our Interactive PDF

Related: Sustainability at Coca-Cola | Food-Water-Energy Nexus | Celebrating Work on the Amazon | New World Initiative | Regional Sustainability Reports 9 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

WOMEN’S ECONOMIC EMPOWERMENT The Road to 5 Million: 5by20™ Initiative Enables More Than 1.2 Million Women Entrepreneurs

GLOBAL EXPANSION TO 60 COUNTRIES women by 2020. We are working with key part- ners to build on best practices in the Coca-Cola 1.2 MILLION WOMEN In 2015, The Coca-Cola Company achieved system worldwide and on the valuable insights ENABLED a milestone in our effort to help enable the and programs our partners bring to the table, economic empowerment of women around the encouraging innovation, scale-up and replication. world: as of the year’s end, our 5by20TM initiative

had enabled more than 1.2 million women 5by20 is built on the concept of using the 1.2M entrepreneurs across our global value chain. power of partnerships to create positive social and economic change. Working through the Approximately 372,000 women participated in 865k 5by20 in 2015, increasing the cumulative number “Golden Triangle” of business, government and Water and Women: Creating Change Together

of participants by 43 percent over the prior year. civil society has greatly increased the impact Communities win when women entrepreneurs have access to and scale of our programs. Our partners 550k water and business skills training. See how it’s creating a “ripple Through 5by20, we address the most common include UN Women, Mercy Corps, TechnoServe, effect” for people like Sofia. Read more. barriers women face when trying to succeed in 300k the Bill & Melinda Gates Foundation, the the marketplace by providing access to three International Finance Corporation, the Inter- 131k economic enablers: business skills training; American Development Bank and hundreds In 2015, access to finance and assets; and networking of other organizations around the world. 5by20 expanded into and mentoring. By helping overcome these challenges, 5by20 is helping provide millions of CONTINUE READING ON PAGE 11 8 NEW women opportunities to build their businesses, COUNTRIES support their families and build their communities, ‘11 ‘12 ‘13 ‘14 ‘15 making a total of while inspiring more to do the same. IN-DEPTH REPORTING Our Progress: ©© Our Approach to Women’s Empowerment THE ROAD AHEAD Read about our work to help 60 ©© How We're Doing: Our Progress enable the economic empowerment While we are proud of the progress achieved COUNTRIES ©© 5by20 by the Numbers of 5 million women across our with programs. in the first five years, there is still a great deal of global value chain by 2020. work ahead on the journey to enable 5 million ©© The Road to 5 Million

Related: 5by20 Success Stories | 5by20 Artisans Items | International Women’s Day 2016 | Infographic: The Ripple Effect | 5by20 News Center 10 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

MAKING A LASTING IMPACT By studying the impact of select programs, we are able to demonstrate positive results. In 2013, Coca-Cola and Ipsos, a leading global market research company, began conducting an impact study of 101 women entrepreneurs in Gauteng and North West provinces in South Africa. Results collected over 18 months indicate that, on average, women entrepreneurs participating in the study saw increases in sales and personal income, which they were able to use for basic expenses for their families and to put into savings accounts. Specific data points from the study include: • Average business sales increased 44% and data indicates average personal income increased 23% over one year (July 2014-July 2015). • More than half (54%) of participants reported their business improved ‘a lot’ as a result of the training. Of those women reporting their business improved ‘a lot’, Results on the Ground: South Africa more than half saw an increase in personal income.

Through our GLOBAL WOMEN’S Business skills training courses implemented by Coca-Cola, UN • Approximately two-thirds of participants reported LEADERSHIP COUNCIL we continue our Women and Hand in Hand are helping women like Noko. Her story. they were able to put money in savings each month. focus to expand opportunities for and (L to R: Susan Mboya, president of The Coca-Cola Africa Foundation; Phumzile Mlambo- We continue to leverage our global scale to help increase the representation of senior Ngcuka, executive director, UN Women; Noko Maganyele, a 5by20 participant; and Nathan female leadership in the Company. Kalumbu, former president, Coca-Cola Eurasia and Africa) women entrepreneurs reach new markets. In June 2015, we piloted selling handmade items made from Coca-Cola packaging globally online through the Women “As UN Women’s collaboration Coca-Cola Store. Each item is made by 5by20 women Empowering with The Coca-Cola Company entrepreneurs, and the proceeds directly benefit 5by20 Women in demonstrates, the combination of Providing a 'Home to artisans and their communities. Bangladesh expertise, resources and committed Mothers' In 2015, women- leadership is a powerful force for Several budding community run centers change. Investing in women-owned centers in Sichuan Province, READ MORE ABOUT WOMEN’S ECONOMIC trained more than SMEs pays dividends in terms China aim to provide learning EMPOWERMENT ON COCA-COLA JOURNEY  10,000 women of jobs, income generation and and development programs for in a variety of improved development outcomes.” more than 50,000 women. sectors. PHUMZILE MLAMBO-NGCUKA, Read more on Coca-Cola Learn more. EXECUTIVE DIRECTOR, UN WOMEN China Journey.

Related: 5by20 Success Stories | 5by20 Artisans Items | International Women’s Day 2016 | Infographic: The Ripple Effect | 5by20 News Center 11 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

WELL-BEING Our Way Forward: Evolving to Keep Consumers Front and Center

THE WORLD IS CHANGING. and calorie consumption. That means taking an SO ARE WE. honest look at our beverages and how we sell them, and making real, purposeful changes— In 2013, we committed to invest in physical changes that give consumers the Coca-Cola activity programs around the world, while experience they expect but with less sugar and continuing to invest in scientific research on fewer calories whenever we can. the role of physical activity in human health. We believed that was the best way for us to In short, we can’t just say more; we must do more. help advance the fight against obesity. A RENEWED FOCUS ON Last year, however, we realized we had STRENGTHENING COMMUNITIES Behind the Bottle: Our Ongoing Commitment to Superheroes Clash Over fallen short. While well-intended, our focus Meaningful Transparency on scientific research and physical activity If you peek back in time—130 years to be Mini Cans created confusion that ultimately led to exact—we’ve been an integral part of local We continue to update our public disclosure of our financial Showcasing the benefits of our smaller communities from Birmingham to Buenos support of scientific research, health-related programming, and packages, Coca-Cola's ad for the "big mistrust and legitimate criticism. game" featured an epic clash between Aires and everywhere in between. health care professionals. Read more. Though we had already begun a journey two superheroes. Read more. to change, we’ve listened carefully and Whether it’s creating countless good- are implementing a number of accelerated paying jobs, volunteering our time to actions to address these concerns. make a difference, or providing essential Coke’s resources in times of need, we take our Venturing In particular, last year we realigned our focus & Emerging commitment to the communities we call from physical activity to the broader well- Brands Unit home seriously. And while this commitment being of entire communities. That means Pursues 'Next to strengthening communities isn't ensuring we work even harder to help local Big Thing’ anything new, with our Company’s size organizations like schools, senior centers and See how Coca-Cola's and scale, we can do so much more to community hubs provide the kinds of services VEB is working to strengthen the fabric of neighborhoods, and experiences people depend on. identify, nurture and towns, and cities across the globe. scale our next billion- To be clear: we still fully embrace the dollar brands. Read more. role our Company can and should play in CONTINUE READING ON PAGE 13 helping people better manage their sugar

Related: The Sweet Success of a Kenyan Farmer | Coca-Cola Invests in Aloe Gloe | Coca-Cola Acquires AdeS Soy-Based Beverage Business 12 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

CONSTANTLY THINKING ABOUT dollars to promote choice and encourage WHAT YOU’RE DRINKING moderation through low- and no-sugar options, A $13M as well as smaller package sizes. Campaign While we’re working to evolve, consumers to Help aren’t being shy about what they want Not only must The Coca-Cola Company build Reduce Sugar from us. If the past was about bigger and brands, but we must also continue to build trust. Consumption That can only happen if we hold ourselves to cheaper, the present and future are about How Coca-Cola smaller and more valuable. From phones the highest standards, acknowledge when we is investing in to homes to portion sizes, consumers are make mistakes, and quickly do what’s right alternative drink finding more value in smaller packages. whenever we fall short. options in Great And people everywhere are becoming Britain. Read more more health-conscious, whether it’s THE WAY FORWARD on Coca-Cola Great watching salt, fat, added sugar, or refined This year of reflection and change has led us Britain Journey. carbohydrates generally. to refocus our efforts on what we have done People continue to tell us they love best for over 130 years: create the future, lead by example and strengthen communities. “Consumers are concerned about Coca-Cola, but they don’t necessarily want sugar, and they’re concerned all of the calories. So we’re rolling out smaller Taken together, these actions will help us keep consumers at the center of our business about artificiality. They also want package options such as our 7.5 oz. mini cans greater control, they want choice, and 8 oz. aluminum bottles. In addition, we and provide the best Coca-Cola experience Focused on the Future possible so we can unleash the growth we’re and they want products that are are providing a wider selection of low- and In this one-on-one interview, fully capable of. natural. We must adapt to where no-sugar beverages. The introduction of Coca-Cola North America’s the future is going.” Coca-Cola Life, sweetened with cane sugar All of this is an affirmation of who we are and Chief Technical Officer, Nancy W. The Power of Mentoring and stevia, is just one recent example of how what we stand for at The Coca-Cola Company. Quan, talks about how innovation JAMES QUINCEY, PRESIDENT AND CHIEF See how a high school senior we’re providing lower-sugar alternatives to drives our strategy for reaching OPERATING OFFICER, from Cambodia changed a Texas It’s a series of specific, strategic actions with THE COCA-COLA COMPANY classic favorites. And our Freestyle machine new consumers in smarter, more entrepreneur’s life through their time measurable outcomes that, we think, will make CONSUMER ANALYST GROUP OF NEW together in the Coca-Cola Scholars brings over 60 low- and no-sugar beverages the world a better place and help us grow our responsible ways. Read more. YORK CONFERENCE, FEBRUARY 19, 2016 program. Read more. to consumers at the press of a button. business sustainably and responsibly. Consumers expect us to be open, honest and transparent in everything we do. That Anti-polio Drive, means providing as much information about Argentina 1964 READ MORE ABOUT WELL-BEING our beverages as possible. One way we’re With three volunteers, ON COCA-COLA JOURNEY  making this a reality is through front-of-pack Jorge Schiantarelli of the labeling, which lets consumers see how Coca-Cola Sales Department loads vaccine. With the help of many calories are in a beverage without Coca-Cola personnel and evening having to pick it up. trucks, one million doses of polio They also expect us to be responsible in vaccine were distributed by the Association for the Fight Against how we market our beverages around the Infantile Paralysis in one day in world. We couldn’t agree more. That’s why the Province of Buenos Aires. we’re reallocating some of our marketing

Related: The Sweet Success of a Kenyan Farmer | Coca-Cola Invests in Aloe Gloe | Coca-Cola Acquires AdeS Soy-Based Beverage Business 13 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

Providing Access to Critical Medicines

Coca-Cola is only as strong as the communities we serve, so we leverage our skills and those of our partners to help create healthy, thriving communities. By utilizing The Coca-Coca Company’s business, route-to-market, technical and marketing expertise, Project Last Mile is helping get medical supplies the “last mile” to remote and hard-to- reach communities in Africa. Project Last Mile is an example of a public-private partnership designed to assist African governments in getting critical medicines and medical supplies the “last mile” to remote and hard-to-reach communities. Read about Project Last Mile, the work of The Coca-Cola Africa Foundation and our many partners.

Photo Gallery Mother Nasra Ally and child are waiting outside a clinic in the Northern Zonal Area of Tanzania’s Dar es Salaam District as a truck offloads medicine directly to the clinic. They await medical care that was not easily accessible prior to the launch of Project Last Mile. View a photo gallery including Mother Nasra Ally and others involved with Project Last Mile.

Related: Project Last Mile Infographic | Report: Yale Global Health Leadership Institute 14 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

HUMAN AND WORKPLACE RIGHTS Coca-Cola Progresses in Advancing Human and Workplace Rights

10 Years and Counting an effective tool for engagement with OUR APPROACH TO HUMAN Coca-Cola Scores 100 on Corporate Equality Index. Read more. AND WORKPLACE RIGHTS our suppliers, bottling partners and external collaborators. Research and The Coca-Cola Company’s fieldwork is currently underway in IN-DEPTH REPORTING commitment to respect human rights India, Mexico and several countries extends to all aspects of our business in Africa. Learn more about our ©© Human Rights Policy conduct and relationships in our value country studies. ©© Our Progress: Achieving chain. To meet that commitment, in Compliance 2015 we continued to study supply- In July 2016, we published our fourth ©© Supplier Guiding Principles chain risks related to human and Myanmar Responsible Investment ©© Addressing Global workplace rights, expanded our Report, which provided an update Human Rights Issues engagement with our associates and on our ongoing due diligence efforts, ©© Engaging Stakeholders Coke’s director of global key stakeholders and developed new progress to date, challenges and about Human Rights workplace rights, Brent Wilton, tools for sharing our policies broadly. opportunities. ©© Workplace Safety and Health discusses "What Respect for ©© The report highlighted our continued Coca-Cola’s Diversity Efforts Human Rights Means to Me." * Non-bargaining employees in the U.S. DRIVING CHANGE IN OUR focus on advancing a culture of safety AGRICULTURAL SUPPLY CHAIN and compliance through thousands OUR PROGRESS In 2013, we committed to completing of hours of training, awareness- raising efforts and safety recognition 28 intensive third-party studies of In 2015, we met our awards. To address overtime issues, 98% 98% our top sugar-sourcing countries goal to have 98% we created more than 200 positions 94% addressing human-rights risks in our of Company-owned in 2015 and implemented a system agricultural supply chain by 2020. facilities achieve to flag when overtime limits are We continued that effort during 2015 compliance with our approaching. In early 2016, we and into 2016, releasing the results of Human Rights Policy. submitted a public comment to the the studies of Colombia, Guatemala, Read more about our U.S. State Department expressing El Salvador, Honduras and Brazil. progress and our path our support for the reporting These studies—on child labor, forced forward. ‘13 ‘14 ‘15 labor and land rights—have become CONTINUE READING ON PAGE 16

Related: Human Rights Policy | Diversity Councils and Business Resource Groups | Workplace Safety and Health | Engaging Stakeholders | Related Content 15 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

requirements, as they provide an leaders from business, government important vehicle to transparently and nonprofit organizations. communicate our efforts to operate The Coca-Cola Company has We spoke on panels at the UN Forum responsibly in Myanmar. worked with its business units and on Business and Human Rights in independent bottlers to explore November 2015. COMMUNICATING ABOUT the salient human rights risks – OUR HUMAN RIGHTS POLICY In April 2016, we released a statement that is, the most severe impacts on the importance of equal rights for the on people’s human rights – that The Coca-Cola Company’s Human lesbian, gay, bisexual and transgender could be linked to its business. This Rights Policy establishes a foundation (LGBT) community. In honor of Human Rights Day, leading-edge work will help further for managing our business around the we asked Coca-Cola Associates, embed respect for human rights world in accordance with international In May 2016, we were one of five “What Do Human Rights Mean to in how business gets done across human rights principles. In 2015, we companies to launch the Leadership You?” Watch now. its operations and value chain. We created posters and brochures in Group for Responsible Recruitment, look forward now to seeing the multiple languages, a manager’s focused on combating the exploitation of company continue and strengthen guide and an app, in order to make migrant workers in global supply chains. The Coke Team its work to reduce labour rights our positions on human rights widely Proud to Be Part risks while broadening its lens understandable across a range of MOVING FORWARD TO RESPECT of Auckland to address other salient human cultures. HUMAN AND WORKPLACE RIGHTS Pride Festival rights issues as well. In doing We have begun a comprehensive Parade provides a so, the company can help tens of LEADING THE CONVERSATION platform for people to global effort to identify salient human thousands of people better enjoy gather, socialize and their human rights, while also We continue to take steps to realize rights issues and risks throughout express themselves. our aim and lead our industry on our value chain. We expect to have a reducing risks to its own business. Read more on human rights and workplace issues: deeper understanding of our salient CAROLINE REES, PRESIDENT issues and risks by the end of 2016. Coca-Cola New We signed a “friend of the court” Zealand Journey. SHIFT PROJECT In 2017, we will then assess changes brief in March 2015 expressing support needed, if any, to our Human Rights for marriage equality in cases pending Policy, due diligence and remediation before the U.S. Supreme Court. In processes to address these risks. In Depth: Aligning with the June, the Court declared same-sex The Coca-Cola system UN Guiding Principles on received the Bonsucro® marriage legal in all 50 states. Business and Human Rights Sustainability Award We continue to engage with In May 2015, we issued a statement for Buyers Supporting urging World Cup organizer FIFA to READ MORE ABOUT HUMAN Shift Project Ltd. and provide a AND WORKPLACE RIGHTS ON comprehensive disclosure, including Transformational Change, address questions of labor and content in response to the questions in recognition of our human rights in Qatar, host of the COCA-COLA JOURNEY  in the “UN Guiding Principles on leadership, commitment 2022 World Cup. Business and Human Rights Reporting Framework.” and holistic approaches We hosted our eighth conference Read our complete disclosure in to sustainable sugarcane on human rights in September 2015, Shift’s database. production. bringing together more than 150

Related: Human Rights Policy | Diversity Councils and Business Resource Groups | Workplace Safety and Health | Engaging Stakeholders | Related Content 16 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

SUSTAINABLE PACKAGING Coca-Cola Has Distributed 40 Billion PlantBottle™ Packages in Over 40 Countries Continues progress against recovery and recycling commitments

OUR APPROACH TO SUSTAINABLE RENEWABLE RESOURCES REDUCE PACKAGING RELIANCE ON FOSSIL FUELS PlantBottle 2.0 Packaging is essential to the protection We continue to look for opportunities to and safety of our products. We are focused lessen our dependence on fossil fuels The PlantBottle 2.0 innovation The Circular Economy is the world’s first prototype Could Be the Total on sustainable packaging efforts and through the increased use of recycled Package evaluating opportunities to reduce our and renewable materials. In 2015 alone, PET bottle made entirely from plants. PlantBottle packaging Ulrike Sapiro, Coca-Cola’s waste and emissions profile, as packaging for example, we distributed 8.7 billion director of sustainability for represents the second largest contributor PlantBottle packages. Since the launch of uses innovative technology Western Europe, discusses the to the Coca-Cola system’s potential carbon our first-generation 30 percent PlantBottle that converts natural sugars business case for our vision. footprint. In 2015, our work on sustainable packaging in 2009, we have distributed found in plants into the packaging continued on multiple fronts, more than 40 billion PlantBottle packages ingredients for making fully • The Circular Economy: What including packaging redesign, support for in over 40 countries. Made from up to 30 recyclable PET plastic bottles. Does It Mean to Coca-Cola’s recycling programs and infrastructure, and percent plant-based materials, the use of Director of Sustainability? development of desirable products using PlantBottle packaging to date has helped Our Progress 2015 (ESTIMATE) • The Circular Economy: What recycled materials in creative ways. save 365,000 metric tons of potential Changes Do Stakeholders in carbon dioxide emissions—equivalent to the Packaging Sector Need to 41 million gallons of gas, more than 77,000 By 2015, we aim to recover and recycle 50% of Make? IN-DEPTH: EXPLORE OUR PROGRESS cars, or more than 845,000 barrels of oil. the equivalent bottles and cans we introduce 59% globally each year. • The Circular Economy: How Is ©© Our Approach to Sustainable Packaging In June 2015, we announced 100 percent It a Business Opportunity for Coca-Cola and the Packaged ©© Our Progress: What We're Doing PlantBottle, a breakthrough in packaging Goods Industry? and How We're Doing It innovation. Using groundbreaking technology, a prototype of the world’s By 2020, work with our partners to recover and ©© An Introduction to PlantBottle Packaging recycle the equivalent of 75% of the bottles • The Circular Economy: How first fully recyclable PET plastic bottle 59% Important Is Innovation and ©© Packaging Recycling at Coca-Cola and cans we introduce into developed markets. made entirely from renewable plant Effective Regulation? ©© Packaging Recovery at Coca-Cola CONTINUE READING ON PAGE 18

Related: Our Progress on Packaging | Introduction to PlantBottle | Keeping America Beautiful | NASCAR Green: A Race Worth Leading | Related Content 17 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

materials—sugarcane and sugarcane 120 years ago. As market and consumer processing waste—was introduced. Our preferences continue to shift, we are shifting “Coca-Cola has been a key partner in Ocean Conservancy's annual system continues to make progress on our packaging to meet those needs. We have “Coca-ColaInternational Coastal has beenCleanup increasing helping to remove its publicmillions ofvoice pounds on of rPET, and to improve our packaging a long history of developing sustainable, climate impact through lightweighting, recyclable packaging that meets consumer issuestrash from such beaches as andclimate waterways and globally water since in 1995.a very For effectivethe past 21 a process that improves the design of preferences while protecting the integrity years Coca-Cola team members have exemplified passion and dedication our packages. Results in these areas of our products, as well as supporting toway, trash from free seas joining by joining the volunteers American around Business the world toAct document on account toward our goal to reduce technology innovation such as food grade Climateand collect marinePledge debris. and We the look CEO forward climate to working statement, with to the carbon footprint of the “drink in recycled PET and plant-based materials. Coca-Cola closely on future cleanups and also through the Trash Free having a strong presence at COP21.” your hand” by 25 percent by 2020. Achieving our circular economy vision Seas Alliance as we all move toward a future of trash free seas.” Read more about our successes, requires significant investment from many ALLISONMINDY LUBBER, SCHUTES, PRESIDENT, SENIOR MANAGER, CERES TRASH FREE SEAS, OCEAN challenges and ongoing work to sectors in innovation, infrastructure, and CONSERVANCY. improve our packaging in our progress public-private collaboration, as well as report on Coca-Cola Journey. shifts in public behavior. As part of our work to support growth in The Green Team - Coke RECOVERY, RECYCLING AND recovery and recycling, in 2014 Employees Promote THE CIRCULAR ECONOMY Coca-Cola joined other leading companies Sustainability Year-Round: In 2015, we estimate that we helped to to launch the Closed Loop Fund. Envisioned A group of employees at Coca-Cola recover and recycle bottles and cans as a $100 million, five-year investment by headquarters in Atlanta formed globally equivalent to 59 percent of the participating companies, the Closed Loop an independent "Green Team" to bottles and cans introduced into the Fund provides zero- and low-interest loans promote sustainability internally marketplace by the Coca-Cola system, to U.S. cities and recycling companies to and externally. Read more about how their "Do One Thing" campaign surpassing our 2015 goal of 50 percent. improve recycling infrastructure. We also will help others realize their In developed markets, in 2015, we also support The Recycling Partnership, a national potential to make an impact on an estimate that our efforts contributed to a nonprofit transforming recycling in towns individual basis. 59 percent recovery rate toward meeting across America. Other recovery initiatives our commitment to recover and recycle include the Keep America Beautiful public by 2020 the equivalent of 75 percent space recycling bin grant program and of bottles and cans introduced into the regional recycling joint ventures. marketplace by the Coca-Cola system. Our long-term vision is to leverage our significant scale and resources to contribute READ MORE ABOUT meaningfully to the “circular economy,” SUSTAINABLE PACKAGING ON where materials are recycled and reused COCA-COLA JOURNEY  We have distributed for as long as possible to ensure maximum From Start to Finish—Reducing Packaging Impacts in Brazil value is gained from them. We have been Recycling in Brazil carries a strong social demand. Our local teams do their more than 40 billion a long-time proponent of circular thinking, part to support national and local initiatives. PlantBottle packages particularly when it comes to packaging. Read more on Coca-Cola Brasil Journey. in over 40 countries worldwide. Coca-Cola introduced refillable bottles

Related: Our Progress on Packaging | Introduction to PlantBottle | Keeping America Beautiful | NASCAR Green: A Race Worth Leading | Related Content 18 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

CLIMATE PROTECTION Coca-Cola Signs Historic Commitments for Climate Protection

ADVANCING THE GLOBAL REDUCING CARBON IN CLIMATE CONVERSATION OUR VALUE CHAIN In 2015, an unprecedented number of We continue our work to make changes in OUR PROGRESS world leaders gathered for the 2015 United our operations and throughout the Nations Climate Change Conference Coca-Cola system value chain to reduce (COP21) and 195 countries adopted a our climate impact. This is reflected in our In 2015, the historic agreement to address climate decision to bring several sustainability Coca-Cola system change. COP21 presented a golden initiatives under one goal to reduce the estimates to have COP21 Series reduced the CO opportunity to reinforce our public carbon footprint of the "drink in your 2 We committed to two climate leadership initiatives, made pledges commitment to climate protection: hand” by 25 percent by 2020. Progress embedded in of continued action on and support of sustainability efforts, and toward reducing the greenhouse gas `the drink in advocated for a strong climate deal at COP21. • Before the conference, we committed emissions across our manufacturing your hand' to two climate leadership initiatives Read more from our series of climate-focused business articles processes, packaging formats, delivery from the We Mean Business coalition. BY 13% providing updates of our programs, opinions and participation in fleet, refrigeration equipment and They are to reduce short-lived climate events connected to the climate negotiations in Paris. ingredient sourcing is now being measured pollutant emissions and to participate in toward the “drink in your hand” goal. a low-carbon technology partnerships IN-DEPTH REPORTING initiative. In 2015, the Coca-Cola system estimates to have reduced the CO embedded in ©© • Our Chairman and CEO, Muhtar 2 Climate Protection Overview Kent, signed the Food and Beverage the "drink in your hand" by 13 percent.* ©© Position Statement on Leadership Statement on Climate Contributing to this 2015 progress was a Climate Protection Change. Uniting global food companies 2 percent improvement in manufacturing ©© An Ambitious Goal: Reducing Carbon in Our Value Chain on climate action, the statement pledged operations’ energy efficiency, the distribution ©© Manufacturing Emissions continued action toward supply-chain of 8.7 billion PlantBottle™ packages, and the placement of nearly 494,000 units of HFC- ©© Emissions in Developed sustainability and urged world leaders to Countries We placed nearly 494,000 units of forge a robust agreement in Paris. free refrigeration equipment. ©© Collaborating and HFC-free equipment in 2015, bringing • We joined the White House’s American CONTINUE READING ON PAGE 20 Moving Forward our global total to 1.8 million units. Business Act on Climate Pledge.

Related: Drink In Your Hand | Collaborating on Climate | Sustainable Refrigeration by the Numbers | Protecting Polar Bears with WWF | Related Content 19 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

Our business unit leaders and bottling your hand” goal: lightweighting (material partners have set draft reduction targets efficiency) and sourcing PET plastic from Celebrating Work through 2020, and have been given the recycled or renewable materials. To learn on the Amazon flexibility to look across our value chain more, visit our packaging website. to implement locally relevant programs During COP21, our Coletivo designed to help them meet their targets. Forest program received the * The 13 percent calculation of progress toward our Best Sustainable Development WIN-WIN INITIATIVES “drink in your hand" goal has been internally vetted Solution award, recognizing the using accepted and relevant scientific and technical program model as a replicable As we continue this journey, it’s increasingly methodologies, but those methodologies are evolving. solution in Brazil and other parts evident that climate protection is closely We are working to simplify our data collection and of the world toward meeting related to other sustainability challenges. measuring systems, and plan to have our data Sustainable Development Goals (SDGs). Many of our sustainability initiatives are externally verified by an independent third party for “win-win” in that they contribute or are 2016. At that time, we will also revisit our 2015 estimate “Coca-Colarelated to has the positivebeen increasing impacts of our its public voiceto ensure on its accuracy and make any updates or climate work. For example: necessary corrections, if any, to our public reporting. “As a supporter of the Refrigerants, Naturally! initiative, UNEP has issues such as climate and water in a very effective partnered with The Coca-Cola Company since 2004 to catalyze a global Water: Climate change is expected to have technology shift in point-of-sale refrigeration equipment towards energy- a major impact on water availability—a way, from joining the American Business Act on efficient natural refrigerants. Coca-Cola has truly “walked the talk” by critical issue for our business. One of our key Climate Pledge and the CEO climate statement, to deploying nearly 2 million climate-friendly HFC-free coolers around the climate adaptation areas is our replenish READ MORE ABOUT world to date, thus avoiding harmful gases that contribute to climate havingstrategy a strong—the goal presence of which at is toCOP21.” replenish CLIMATE PROTECTION ON change or harm the ozone layer. UNEP commends The Coca-Cola Company 100 percent of the water used in our finished COCA-COLA JOURNEY  in its demonstration of corporate leadership in this sector, its substantial MINDY LUBBER, PRESIDENT, CERES beverages back to communities and nature. investments in natural refrigerant-based technology, and its openness to Green Mobility Project Agriculture: Our Sustainable Agriculture share its experiences with others.” Introducing 100 new electric cars to sales executives helps reduce Guiding Principles guide our suppliers in DR. SHAMILA NAIR-BEDOUELLE, HEAD OF OZONACTION, UNITED NATIONS emissions in Sicily. Read more on reducing greenhouse gas emissions and ENVIRONMENT PROGRAMME Coca-Cola Italy Journey. other impacts through improved agricultural practices. One of our programs, Coletivo Forest, strengthens the capabilities Sustainability in of superfruit harvesters living near the North America Amazon River, resulting in environmental Bruce Karas, vice president of conservation, greater economic value and Environment & Sustainability reduced greenhouse gas emissions. for Coca-Cola North America, Packaging: Our efforts to reduce, reuse, and his team share their Coca-Cola FEMSA, recycle and redesign our packaging passion and work in a video our system’s largest independent that highlights the region’s contribute to climate protection as well as bottler, intends to source 85% of its efforts in water stewardship, environmental conservation. That’s why manufacturing energy in Mexico from climate protection and we measure two of our key packaging clean energy by 2020 and has begun sustainable packaging. sustainability initiatives under the “drink in to engage with wind farm developers.

Related: Drink In Your Hand | Collaborating on Climate | Sustainable Refrigeration by the Numbers | Protecting Polar Bears with WWF | Related Content 20 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

SUSTAINABLE AGRICULTURE

Accelerating Sourcing of Ingredients Under Our Sustainable Agriculture Program

TAKING ACTION IN OUR conducting country-based studies AGRICULTURAL SUPPLY CHAIN on land rights, child labor and forced In 2015, we procured labor practices in our main sugarcane Coca-Cola's priority agricultural ingredients production countries. As of early 2016, MORE THAN 95% include cane and beet sugar, high Coca-Cola has published the results of of our globally sourced fructose corn syrup, stevia, tea, coffee, the studies for Colombia, Guatemala, coffee and tea from oranges, lemons, grapes, apples, mangos, El Salvador, Honduras and Brazil. sustainable sources. pulp and paper fiber for packaging, Research and fieldwork is currently palm oil and soy. Through our bottling underway in India, Mexico and several partners and suppliers, collaborations Honest Tea Interactive Map countries in Africa. We plan to release with farmers, communities and other In 2015, Honest Tea launched an interactive map on its website these market findings as well. key partners, we are bringing about the detailing the sourcing locations of more than 40 ingredients used in development of a healthy and more its products. Read more. EXPANDING OUR WORK WITH sustainable agricultural supply chain. SMALLHOLDER FARMERS What we mean by ‘sustainable agriculture’ Smallholder farmers are an essential is that our farm suppliers meet certain component of a more sustainable and standards, among other requirements, Coca-Cola productive food supply chain. In 2015, relating to human and workplace is contracted to source over we expanded our work with smallholder rights, environmental protection, and farmers to encourage more sustainable responsible farming management, farming practices. 1 MILLION otherwise known as our Sustainable TONS OF MORE Agriculture Guiding Principles (SAGP). For example, in China we partnered with SUSTAINABLE Coca-Cola has published IN-DEPTH WWF and the Jinjing Tea Company, Our Sustainable Agriculture STUDIES examining human-rights To guide our supply chain partners in SUGAR IN 2016 a supplier for Coca-Cola, to introduce Goal and Progress impacts in our sugar supply chain operating more sustainably, we assess that is compliant with our SAGP. practices that both reduced agricultural We are on track to sustainably source in COLOMBIA, GUATEMALA, EL environmental and social impacts at our key agricultural ingredients by SALVADOR, HONDURAS AND BRAZIL. 2020. Read more. the source. In 2013, Coca-Cola began CONTINUE READING ON PAGE 22

Related: Key Programs Around the World | Sustainable Agriculture Guiding Principles | Our Agricultural Supply Chain Journey | Related Content 21 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

runoff and improved the biological diversity of the IN-DEPTH REPORTING tea farm. Together, we built water-collecting and Bea Perez, CSO, irrigation systems, and constructed wetlands. As a Reflects on ©© Our Approach result, the farm has met Coca-Cola’s sustainable sourcing requirements under our SAGP. We are Sustainability after ©© Our Goal and Progress Visit to China building this model of smallholder engagement ©© Our Key Programs for other crops, working with Mercy Corps on Coca-Cola’s Golden Around the World sugarcane in China, engaging with IFC and Triangle partnerships ©© Solidaridad on sugarcane in India, and partnering are having an impact The Water-Energy- on Promesa Café with Heifer International and the in China and other Food Nexus countries. Read more. ©© Sustainable Agriculture Howard G. Buffett Foundation on coffee in Mexico. Guiding Principles WORKING WITH BOTTLING PARTNERS We continue to work collaboratively with our "TechnoServe has partnered with Coca-Cola on multiple initiatives bottling partners to develop more sustainable to sustainably source its top agricultural ingredients, such as fruit, agriculture best practices—sometimes taking coffee and tea. This work has contributed to more sustainable farming the lead and at other times learning from their practices and helped hundreds of thousands of smallholder farmers expertise. For example, with our bottling partner, Coca-Cola HBC, together we have focused in Sub-Saharan Africa, Asia, Latin America and the Caribbean to lift primarily on establishing several pathways to themselves out of poverty and provide better futures for themselves and compliance with our SAGP for all key agricultural their families. In order to build on this impact, we must now scale these ingredients, starting with sugar beet and sugarcane. efforts across supply chains while integrating important priorities like Additional bottling partners, such as SABMiller water conservation and women's empowerment." and Coca-Cola FEMSA, have also embraced WILLIAM WARSHAUER, TECHNOSERVE PRESIDENT AND CEO sustainable procurement standards. We are dedicated to sharing our findings with and gaining insights from our bottling system to work to increase SAGP compliance for all ingredients sourced.

We finalized our Supplier Engagement Program guidance document to help READ MORE ABOUT SUSTAINABLE our suppliers comply with AGRICULTURE ON COCA-COLA JOURNEY  The Unlikely Environmentalists: Sugarcane Growers our Sustainable Agriculture Protecting The Great Barrier Reef Guiding Principles. We use a seven-step supplier verification Project Catalyst has helped more than 75 farmers develop plans to program to measure progress reduce agricultural runoff in the Great Barrier Reef. toward compliance. Read more on Coca-Cola Australia Journey.

Related: Key Programs Around the World | Sustainable Agriculture Guiding Principles | Our Agricultural Supply Chain Journey | Related Content 22 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

GIVING BACK TO COMMUNITIES Donations benefited ~300 ORGANIZATIONS across more than The Coca-Cola Foundation and 70 Countries and Territories The Foundation and the Company Together Award More The Coca-Cola Company together donated more than $117 MILLION TO Than $117 Million in 2015 COMMUNITIES IN 2015

COCA-COLA CHARITABLE CONTRIBUTIONS One percent of The Coca-Cola Company’s CATEGORY 2015 2014 2013 annual operating income is invested back into the community through The Coca-Cola Foundation Water 21% 21% 19% and Company donations. Since its inception in Women 4% 4% -- 1984, the Foundation has awarded more than Well-Being 65% 67% 70% $830 million in grants to support sustainable community initiatives around the world. Humanitarian/Disaster Relief 3% 2% 3% 7% 6% 8% In 2015, The Coca-Cola Foundation and the In-Kind Company together gave back more than TOTAL 100% 100% 100% $117 million or 1.2 percent of our operating income. Foundation grants composed $84.5 million of our giving worldwide, with the remaining $32.5 million contributed from The $8.4 MILLION Coca-Cola Company. provided through the 2-for-1 Coca-Cola Grants from The Coca-Cola Foundation in 2015 Matching Gifts Program directly benefited nearly 300 organizations for employees’ personal across more than 70 countries. charitable contributions. The Foundation’s strategy is aligned with the Company’s sustainability platform. In 2015, 90 percent of grants were focused on the platform’s core priorities: women, water and well-being. 90 percent of grants focused on core priorities of women, water and well-being. CONTINUE READING ON PAGE 24

Related: Giving Back News Center | Coca-Cola Foundation 2015 Grantees | Guidelines for Community Requests | Coca-Cola Foundation Infographic 23 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

The following are just a few of the nearly 300 organizations the Foundation reached in 2015. • $7 million to the Replenish Africa Initiative, or RAIN, which improves sustainable access to safe water and supports women’s empowerment and sustainable agriculture across Africa. • $949,000 to support wetland restoration in the Danube River Basin, the largest in Europe. • $350,000 to support the Mekong Vitality Expanded Project implemented by Pact to strengthen the social and economic status of Vietnamese women by increasing their savings and providing access to credit for New Foundation enterprise development. President “With a big, bold, • $200,000 to support The Nature Conservancy In April 2016, we welcomed audacious and inclusive in nine freshwater replenishment projects in Helen Smith Price as president watersheds throughout North America. of The Coca-Cola Foundation dream, and a powerful Strong Roots = Strong Communities and vice president of Global collaboration like this Our presence in more than 200 countries Coca-Cola and its partners in Mexico have worked together to plant Community Affairs for The and territories and our extensive logistical over 68 million trees, to help enable women entrepreneurs and to Coca-Cola Company. Price had one between Operation infrastructure position us well to respond to help improve water harvesting, creating an important eco-restoration served as executive director of HOPE and The Coca-Cola disaster anywhere in the world. When natural project for the region. the Foundation since 2001. disasters strike, the Foundation and the Company, we just might Coca-Cola system respond to offer emergency Read More on Coca-Cola Mexico Journey. Read more. relief. In 2015, the Foundation provided $3 save many women from million in humanitarian and disaster relief generational poverty.” efforts throughout the world, including support Changing Lives JOHN HOPE BRYANT, FOUNDER for victims of the Nepal earthquake, relief through Opportunity OF OPERATION HOPE, WHICH HAS responses to flooding in Myanmar, wildfires in RECEIVED $1 MILLION FROM THE the Western U.S., and humanitarian relief for the The Coca-Cola First COCA-COLA FOUNDATION FOR Generation Scholarship FINANCIAL EDUCATION FOR WOMEN European refugee crisis. AND GIRLS IN THE UNITED STATES program has helped more than 3,200 college students at more than READ MORE ABOUT GIVING BACK ON 520 campuses in the U.S. COCA-COLA JOURNEY  Read more.

Related: Giving Back News Center | Coca-Cola Foundation 2015 Grantees | Guidelines for Community Requests | Coca-Cola Foundation Infographic 24 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

EKOCENTER™: A Catalyst for Community Growth Our EKOCENTER initiative continues to gather momentum with new partners coming aboard and more than 130 units placed in eight countries as of July 2016. EKOCENTER was developed on the belief that local, shared values and entrepreneurship are the keys to long-term growth. At first sight, EKOCENTER is a solar- powered kiosk that is run as a market by a female entrepreneur. EKOCENTER empowers communities with critical goods and services such as solar power, connectivity, entertainment and, at times, safe drinking water and health services.

Related: Flagship EKOCENTER Site in Rwanda | EKOCENTER in Vietnam | EKOCENTER Infographic | Recent News 25 Sustainability Update 2015 - 2016 Intro Water Women Well-Being Human Rights Packaging Climate Agriculture Giving Back Our Reporting

Our Approach to Reporting

Coca-Cola is committed to reporting comprehensively and transparently. Our complete Sustainability Report is online at Coca-Cola Journey. We invite you to explore these disclosures and core reporting elements via links on this page.

About This Report Disclosure & Content Index 2020 Sustainability Priority Issue Analysis Our Refreshed Ethics & Compliance Our reporting against leading Commitments Prioritizing our issues enables us to report Reporting Structure Our commitment to building an ethical The systems, scope and activities sustainability frameworks - GRI, on those that matter most to our business business culture throughout the associated with our reporting. Our progress on the sustainability commitments How to navigate our UNGC, UNGP and SDGs. that we aim to achieve by 2020. and stakeholders. sustainability reporting. Coca-Cola system.

Assuring the Accuracy of Regional Stakeholder Engagement Corporate Governance Our Value Chain our Disclosures Engaging our stakeholders informs our Guiding our performance and our Working with reliable partners on Sustainability Reports Assurance provides external validation of decisions and enhances our progress on commitment to good and effective sustainability programs across Sharing the work of our bottling partners our commitments and enhances the our 2020 sustainability commitments. corporate governance. our value chain. and business units across the system. accuracy of our disclosures.

Related: A New Water System in South Africa Changes Lives | Coca-Cola and the 2030 Water Resources Group | COP21 Series | Related Content 26