The Coca-Cola Company Global Women’s Initiative So Why Focus On Women? Out of Economic Interest for Our Business For The Coca-Cola System Consumers, Shoppers and Customers Gender Diversity, Mirroring the Market, Enables Growth and Value Creation Attract, engage and retain the best talent: People People 3 Be a great place to work • Increase people’s system knowledge, and cross-system movement. • Inspire our people to be passionate ambassadors for our brands. • Recruit, develop and advance women, and achieve true diversity. • Engagement • Employer of Choice • Workplace Rights • Diversity • Retention STRATEGIC FRAMEWORK Vision: A diverse workforce of 50/50 men and women at all levels by 2020 Retention of existing female talent Placement of qualified women into key open roles Support systems A thriving Pipeline of Ready-Now and ReadyFuture Female Associates Business case and company-wide communications Women’s Leadership Council Objective To accelerate the development and movement of female talent into roles of increasing responsibility and influence Women’s Leadership Council 206 countries, simultaneously • 17 influential, passionate female executives • Sponsored by CEO and other members of the Senior Leadership Team • Supported by HR (Global Diversity, Talent Management & Development, and Talent Acquisition) Business Case Strategy • Situation Analysis • Desired Outcomes • Key Levers • Metrics Action Plan • Key Initiatives • Target Audience • Timing • Investments Implementation • Communications • Participation • Follow Through • Evaluation Best Practices Global Women’s Initiative - - Accomplishments 2008-2011 RETAIN •Operating Committee drives regular global review of female talent RECRUIT •41% of hiring at our senior level, globally, in 2011 (13% in 2007) •Since 2008, representation at our senior level, globally, has moved from 23% to 28.2% •The immediate pipeline level, globally, has moved from 28% to 34% •One level further down is now 46%, globally Global Women’s Initiative - - Accomplishments 2008-2011 DEVELOP • 49% female participants in key leadership programs in 2011 (21% in 2007) • New Mid-Level Women’s Leadership program launched; 240 women from around the globe participated in the program’s first two years • U.S.-based mentoring program tools scaled globally ENABLING CULTURE • Globally scaled the guidelines, frameworks and tools for launching women’s networks across any geography; networks launched in South Africa and Middle East/North Africa; launches set to initiate throughout Asia, Latin America and Europe • Flexible Work Arrangements program launched in U.S., and framework and tools distributed globally • Integrated development of female talent into Woodruff Cup award criteria Global Women’s Initiative - - Accomplishments 2008-2011 ENGAGED ORGANIZATION •Muhtar Kent routinely addressing topic in his remarks during business trips, and hosting Women’s Leadership Speaker Series events (i.e., Sheryl Sandberg, Ursula Burns) •Muhtar Kent meeting with top female talent throughout his global travel •Group Women’s Leadership Councils established for Asia, Eurasia/Africa and in each of the company-owned bottlers; launching soon in Europe & Latin America •WLC events held in Atlanta, Hong Kong, Mexico City, Istanbul, Paris, Tokyo, Johannesburg, Dubai, and Buenos Aires •International Women’s Day “The future belongs to those who dare….” 2020 Destination Sustainable Results • Strong Presence in Senior Leadership Roles 2009 - 2011 2008 Awareness and Quick Wins System-Wide Impact on Programs, Culture and Metrics • Pipeline of Ready Now Female Talent • System Talent Initiatives • Culture of Inclusion and Sustainability • Best Place for Women to Work • 5,000,000 economically empowered Women’s Leadership Council Members Title Group/Function Susan Mboya Eurasia & Africa Group Director, Women’s Economic Empowerment Eurasia/Africa Group Therese Gearhart President, South Africa Business Unit Eurasia/Africa Group Kathy Waller (Chair) VP and Controller Corporate Group Wendy Clark Senior VP, Integrated Marketing Communications & Capabilities Corporate Group Charlotte Oades Global Director, Women’s Economic Empowerment Corporate Group Veronique Bourez Franchise Operations Director, France Europe Group Jane Lawrie Group Public Affairs & Communications Director Europe Group Claudia Lorenzo Social Business Director, Brazil Business Unit Latin America Group Lucia Dourritzague VP, Strategic Planning, Mexico Business Unit Latin America Group Kathleen Ciaramello VP, East Region, Foodservice Coca-Cola Refreshments Julie Francis VP, Chief Commercial Officer Coca-Cola Refreshments Melody Justice Executive VP, Business Transformation North America Group Katie Bayne President & General Manager, Sparkling Beverages North America Group Gill McLaren Customer & Commercial Director, South Pacific BU Pacific Group Pam Chuenhathai Commercial Planning Director, Thailand Pacific Group Josefine Hansel Procurement Director, Coca-Cola Germany Bottling Investment Group Tina Reyes Legal Director, Coca-Cola Bottlers Philippines Bottling Investment Group