Coca-Cola Sustainability Report 2010/2011

In: Business and Management

Submitted By mike1604
Words 788
Pages 4
Coca-Cola Sustainability Report 2010/2011

Coca-Cola company 2010/2011 sustainability report offers a clear view on how the company views sustainability, their current suitability achievements and their goals for the future. The following analysis will highlight some of the positive attributes, as well as offer suggestions on areas of improvement.
Adding creditability and transparency to their reported information Coca-Cola utilizes third-party verification through the FIRA, standardized performance framework through the Global Reporting Initiative (GRI), and visibility of its global business principles. This level of reporting and verification speaks to the point the Coca-Cola is looking at sustainability in the short and long term. One area in which the company could improve from an Accountability perspective is depicting additional efforts for goals that have not been achieved.
Within the report, Coca-Cola speaks to the following areas of sustainability: The Coca-Cola System, Water Stewardship, Energy Efficiency, Climate Protection, Sustainable Packaging, Corporate Giving Economic Opportunity, Workplace / Human Rights, A Great Place to Work, Sustainable Agriculture, and Health / Well-Being. Overall statements around these measures are that they seem to be fairly inclusive to the industry, as well as covering the triple bottom lines three dimensions of social, environmental and economic performance. One highlight to the companies’ measures is their brief depiction of the Coca-Cola System. Through this measure, the company eludes that they are considering the products entire lifecycle; from where they get their ingredients, to the products refrigeration, and finally the community improvement. Areas in which the company could improve from a Measures perspective are energy efficiency and climate protection. Currently…...

Similar Documents


...UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2012 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-02217 20FEB200902055832 (Exact name of Registrant as specified in its charter) DELAWARE 58-0628465 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) One Coca-Cola Plaza Atlanta, Georgia 30313 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (404) 676-2121 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered COMMON STOCK, $0.25 PAR VALUE NEW YORK STOCK EXCHANGE Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes No Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and (2) has been subject to such filing requirements for the past 90...

Words: 116782 - Pages: 468

Accounting Sustainability: Coca-Cola

...Evaluation of Corporate Financial and Sustainability Reporting: Coca-Cola The company that I chose was The Coca-Cola Company. Their last fiscal year ended on December 31st, 2010. “Coca-Cola is the world’s largest nonalcoholic beverage company” (Coca-Cola). They distribute and market more than 500 nonalcoholic brands from soda pop, to juices, to even sports drinks. Coca-Cola is known as the world’s most valuable brand that owns four of the planets top five nonalcoholic beverages including Sprite, Diet Coke, and Fanta. Coca-Cola distributes their products to more than 200 countries and this is made easy by having the world’s largest beverage distribution system. This company believes that its success is from being able to link up with their customers to be able to provide them with many options to meet their specific choices and desires. The overall goal of The Coca-Cola Company is to use their assets in the most efficient way possible so they can become more competitive and grow as a company to generate revenue for their shareholders. The Coca-Cola Company has expanded its horizons in recent years. On October 2, 2010 the company bought out the North American business of Coca-Cola Enterprises Inc., which is one of Coke’s main bottling companies. With this acquisition “The Coca-Cola Company now has more presence in the U.S., Canada, the British Virgin Islands, the U.S. Virgin Islands and the Cayman Islands “(Coca-Cola). Not only this but The Coca-Cola Company is merging......

Words: 1355 - Pages: 6

Coca Cola

...The Coca Cola Company- Midterm MGMT 330- Principles of Leadership and Management The soft drink Coca Cola as we know today was created by a pharmacist by the name of John Pemberton. One day while he was experimenting with a new recipe, he created a syrup, which he believed was tasteful. This syrup was taken to Jacobs Pharmacy in Atlanta, Georgia, May 8, 1886. Pemberton added the syrup to carbonated water because at the time it was believed to help cure health issues. This new drink became popular that Pemberton was able to sell nine drinks a day at 5 cents per glass. From that point on, the greatest refreshment of all times was invented. Dr. Pemberton’s accountant helped create name and logo what is known today. In 1888, the secret formula was sold to a business man by the name of Asa Candler. He soon began to produce, distribute, and advertise Coca Cola. For many years the soft drink was only served in soda fountains, until two business men sold the idea to Chandler to sell Cola in glass bottles. This way everyone would be able to enjoy it not only at the parlors but in their homes as well. A few years later the design of the contour bottle was produced in order to authenticate the beverage from its competitors and imitators. At the start of the 21st century, The Coca Cola Company began expanding their company, distributing their soft drinks to different countries. Not only does the company produce soft drinks, it also produces: bottled water,......

Words: 1280 - Pages: 6

Sustainability Motto of Coca Cola

...Coca Cola Report Introduction Coca- Cola is one of the very well known brands operating in FMCG sector. The drink which has quenched the thirst of so many people around the globe was invented by John Pemberton a pharmacist by profession and most commonly called as “Doc”. He was assisted by Frank Robinson in the marketing of the product. The company was totally in mess until Asa Griggs Candler took over the business in 1891. Secret of Coca Cola’s success is the innovative marketing strategies of Grigg which laid the foundation for the success the company is enjoying today. Initially the drink was sold as a medicine for the treatment of fatigue and headaches. Later, with the imposition of tax in 1898 on all medicines, Grigg categorized it into beverage sector after a prolonged court battle. Ever since then, Coca-Cola is operating as one of the well known brands in beverage industry. In 1919 Candler was chosen as mayor of Atlanta which made him excessively busy because of this he decided to sale out the ownership of the company and Ernest Woodruff became the new owner in September 12, 1919. He changed the formula of the drink and labeled it as New Coke. Unfortunately, the drink was rejected by the consumers and with no option left Woodruff had to introduce the old Classic Coke back for meeting customer demands. According to Business Insiders Coca Cola is a brand with which 94% of the world’s population is familiar. The company has marked its presence in more than 200......

Words: 3354 - Pages: 14

Coca-Cola Sustainability Ethic

...Coca Cola Hellenic Inc Corporate Case Study Table of Contents Executive summary……………………..………………………………4 Stakeholders……………………………………………………………………...……5 GRI & UN compact…………………………………………...……………………….5 Social and environment issue………………………………………………….…........6 CSR and Environmental Sustainability………………………………………………..8 Economic performance………………………………………………………………...9 Sustained competitive advantage………………………………………………….....10 Recommendations........................................................................................................12 References……………………………………………………………....13 Appendix A…………………………………………………………….14 Appendix B…………………………………………………………….17 Appendix C…………………………………………………………….18 Executive summary The Coca-Cola Company is the world’s largest non-alcoholic drinks company, controlling over 21% of soft drinks off-trade RTD volumes. Along with Coca-Cola, recognized as the world's most valuable brand, the Company markets four of the world's top five non-alcoholic sparkling brands, including Diet Coke, Fanta and Sprite, and a wide range of other Soft drinks company. In this report, we are working toward expanding our sustainability reporting on topics that are most important to Company and stakeholders. We include increased our discussion of stakeholder engagement, GRI & UN compact, Issues on social and environment, CSR and Environmental Sustainability, Economic performance, Quality of Management, Sustained competitive advantage and give some......

Words: 2739 - Pages: 11

Sustainability Report - Arcelormittal 2011

...ArcelorMittal 2011 Executive Summary The underlying challenge for human organizations in the 21st century is to build and preserve a sustainable combination/blend of economic, social, and environmental conditions in a progressive global and commercial society. However, it is a challenge that is not being met at present. Currently it is failing to meet even the basic needs of the society, or to protect its natural resources and the ecosystems that produce them, even as it creates unprecedented wealth and amenities for a few. The reasons for these failures lie in both economic and political institutions. Sustainable Enterprises pioneers established concepts and tools for implementing eco-efficiency measures and also show how to use them immediately to reap business worth. Business enterprises in turn must quantify themselves against a “triple bottom line” which includes social value, environmental and economic profit. ArcelorMittal is one such company that has implemented eco-efficiency measures and realized the business benefits. Monitoring Systems Monitoring is a systematic and on-going activity which involves collecting, recording and reporting information. Monitoring systems for any organisation should be developed for three dimensions based on the triple bottom line. Monitoring Systems for Planet Monitoring systems and eco-tracking help to answer some fundamental questions:   What are the company‟s big environmental impacts? When and where do those impacts arise?......

Words: 3389 - Pages: 14

Coca Cola Business Report on 2014

...Report  on  the  development  of  The  Coca-­‐Cola  Company  from   February  2014  until  January  2015     Introduction   This  report  is  intended  to  give  a  clear  insight  in  The  Coca-­‐Cola  Company’s   development  from  February  2014  until  January  2015.  First,  the  company’s   history  and  products  are  briefly  described.  Second,  its  market  development  and   share  price  performance  are  discussed.  Finally,  investors  are  provided  with  a   speculation  on  the  company’s  future.     Company  History  &  Products   The  Coca-­‐Cola  Company,  founded  by  Asa  Candler  who  was  able  to  promote  Coca-­‐ Cola  nationwide,  has  become  the  major  player  in  the  soda  industry  throughout   the  years.  The  company  markets  more  than  500  beverage  brands.  Examples  are   Coca-­‐Cola,  Sprite  and  Fanta,  which  are  non-­‐alcoholic  sodas.  Also,  the  company   offers  a  variety  of  non-­‐carbonated  beverages,  such  as  juices,  energy  drinks,   sports  drinks,  waters  and  enhanced  waters.     Market ......

Words: 587 - Pages: 3

Coca-Cola Annual Report Analysis

...Introduction Coca-Cola Amatil Limited (CCL) is the Australasia regional anchor bottler of The Coca Cola Company. The company's Australian origins date back to 1904 as the tobacco company British Tobacco (Australia). Its first foray into soft drinks came in 1964 with the purchase of Coca-Cola Bottlers (Perth), and the company was listed on the Australian Stock Exchange in 1972. Soft drinks and snack foods gradually became the primary focus of the company, which was renamed Amatil Limited in 1977. The snack food operations were sold in 1992, and European operations were spun off into a new company, Coca-Cola Beverages, in 1998. Expansion into Asia continued, though Filipino bottling was eventually sold to San Miguel Brewery and parent The Coca-Cola Company. Its most recent purchase activity has been the acquisition of fruit producer and packager SPC Ardmona Ltd. Until May 2007, the company also operated the online music store, Coke Tunes, out of New Zealand. . Core Business of the Company Coca-Cola Amatil is an anchor bottler of The Coca Cola Company in Asia-Pacific region. It manufactures, distributes, and markets carbonated soft drinks, still and mineral waters, fruit juices, coffee and other alcohol-free beverages. The company also processes and markets fruit, vegetables, and other food products. For the convenient sake of this paper Coca-Cola Amatil is referred its acronym CCA. In August 2006, Coca-Cola Amatil has also ventured into the......

Words: 2183 - Pages: 9

Coca Cola Sustainability

...The Coca Cola Company is a multinational leader in the beverage industry, best known for its flagship product, Coca-Cola. With such global recognition, their sustainability efforts are significantly prominent, with different geographical regions having different initiatives to help the world generally, especially less fortunate communities. In the United States, their latest Sustainability commitment called “Me, We, World” has the goal of creating social value and making a positive difference for the consumers and communities they serve. This commitment is aimed at ‘Enhancing personal well-being’ (Me) by offering low or no-calorie beverage options in every market, providing transparent nutrition information on their packages, among other initiatives. It is also aimed at ‘Building strong communities’ (We), by enabling the economic empowerment of 5 million women entrepreneurs by 2020, complying with Human and Workplace standards, as well as giving back 1% of their annual operating income. Finally, this commitment to Sustainability also involves ‘Protecting the environment’ (World). They aim to do this by replenishing 100% of water used in their finished products, sustainably source key agricultural ingredients, reducing the carbon footprint of their drinks by 25%, as well as many other goals. In the United Kingdom, their Sustainability initiative titled “Live Positively” recognized the various components of Coca Cola products that needed to be more sustainable and developed......

Words: 930 - Pages: 4

Value of Sustainability: Coca Cola

...Value of Sustainability Coca-Cola’s Mission statement is “to refresh the world in mind, body and spirit, to inspire moments of optimism and happiness, to create value and make a difference.” This statement is very broad and only addresses general differences that they want to make in the world. Their vision for the company, on the other hand, addresses the planet, stating the company will “be a responsible citizen that makes a difference by helping build and support sustainable communities.” Their sustainability report discusses their main framework called “Me, We, World” and the advancements they have made in these areas. They show their many goals for themselves, for the people of the world, and for sustaining the world. Their goals for sustainability in the report include improving water efficiency as well as recycling and treating water. Although Coca-Cola is very big on sustainability now and has been for the past few years, Coca-Cola has not been without some issues with sustainability. In 2008, Coca-Cola through the actions of its subsidiary, Industria Nacional de Gaseosas, was fined $110,000 for dumping its industrial waste in Columbia’s sewage system. Coca-Cola has also been fined and punished in India for excessive water use and toxic pollution; they were forced to close down a bottling factory. Despite all these previous issues, Coca-Cola has been more active in sustainability efforts. The Chairman and CEO, Muhtar Kent, penned a letter on the topic of......

Words: 723 - Pages: 3

Financial Research Report: the Coca - Cola Company

...Financial Research Report: The Coca - Cola Company FIN 534 – Assignment #1 07 December 2014 Coca Cola Introduction: Coca Cola Company is an American, multinational company that is infamous for its beverage products. The company is commonly referred to as coca cola. Invented and patented in 1886 and 1887, respectively, by an American pharmacist named John Pemberton. Pemberton sold the company in 1889 to Griggs Candler who incorporated it in 1892. For more than 70 years, coca cola had been the sole beverage of the company. Although international expansion was tested in 1928, expansion of the company in the United States did not start until late 1955 (World of Coca-Cola, 2014). This expansion into other beverage flavors as well as diet and caffeine free choices has allowed the company to become a market leader in the beverage industry. The Company has found success in appealing to the needs and desires of a broad consumer base. Their customers derive from various backgrounds, lifestyles, demographics and age ranges. Currently, the Coca Cola brand expands in the integrated form of more than 500 brands of beverages across more than 200 nations worldwide. As markets changed and competition grew, Coca Cola decided to introduce Diet Coke and later followed with several others to include, but not limited to, Coca-Cola Zero, Coca-Cola Cherry, Sprite, and Schweppes. As of today, it is estimated that the Coca Cola Corporation has more than 3500 beverages spread across a...

Words: 2936 - Pages: 12

Coca Cola Annual Report

...Jeffery David Jordan Short Paper: Annual Reports BUS501 Business Communications Dr. Lamer 3/25/2012 Short Paper: Annual Reports Introduction The Coca-Cola Company is the largest beverage company in the world. PepsiCo is a world leader in soft drinks and snacks globally. Together, both Coca-Cola and Pepsi combine to own over 70% of the soft drink market. This report studies the annual reports of both companies. The information in this report will look at any differences perceived in the approach each organization presents in its annual performance. What goals, challenges, and plans do the organizations emphasize in their discussion of results. The last section discusses how the format and organization of each report enhances or diminishes from the information presented. Discussion The information in each of the annual reports has similar information in them. The PepsiCo annual report is approximately half the length of The Coca-Cola Companies annual report. PepsiCo’s annual report is pleasing to the eye with the abundance of pictures, illustrations, and other graphics. As an example, PepsiCo begins their annual report with graphics containing a Pepsi can and a bag of Doritos stating “One billion times a day, in 200 countries and territories around the world, PepsiCo provides consumers with affordable, aspirational and authentic foods and beverages. Our consumers are refreshed, rejuvenated, and restored by PepsiCo’s beloved snack, beverage, and......

Words: 891 - Pages: 4

Coca Sustainability

...2014/15 Coca Cola Sustainability Report Part 1 – Report Analysis 1. Coca Cola’s sustainability strategy is aligned rather than being just an afterthought. That is, the sustainability strategy is effectively aligned with the company’s strategic objective. As Coca Cola endeavors to refresh the world, the company and its local bottling partners strive at creating new value for their customers. The management is also committed not only on effectively implementing the strategy, but also keeping it aligned with the general strategic objective (Coca Cola, 2015). 2. The company’s sustainability report follows Triple Bottom Line (TBL) and the goals also reflect the TBL. The TBL is a framework that integrates three performance dimensions including social, financial, and environmental (Slaper & Hall, 2015). The company classifies specific standard disclosures (aspects) into three performance dimensions, environmental, financial and social according to the TBL framework (Coca Cola, 2015). The report offers performance outcomes of its system’s progress towards accomplish strategic commitments and goals that have been made in social, financial and environmental areas. 3. However, the company conducted a materiality, which refers to the information in a sustainability report that covers indicators and topics that a company’s crucial economic, social, and environmental effects or that can significantly affect the stakeholders’ evaluations and assessments (Coca Cola,......

Words: 1170 - Pages: 5

Coca Cola Sustainability

...Water Sustainability Water management is a high priority for Coca Cola mainly because it is the main ingredient used in their products and is used extensively throughout their manufacturing process. With over 900 bottling plants across the globe which source water locally, the health of their business is dependent upon the communities and ecosystems they operate in. In 2009 Coca Cola achieved its seventh consecutive year of improved water use efficiency. They focus their water stewardship efforts in three areas: 1. Improve water efficiency, 2. Recycle the water used in operations and 3. Replenish through community restoration and protection initiative’s Some of the measures Coca Cola has undertaken in its water stewardship program include: * Compliance with all applicable local wastewater laws * Work to align their entire global system with their internal wastewater treatment standards which are often more strict than local legislation * They return 90% of the water used in manufacturing back into the environment in a safe condition and aim to return 100% by 2012 * Working to reduce the water used to produce 1 litre of beverage from 2.43 litres, down to 2.17 litres, nearly half way there * Since 2005 they have been involved in more than 320 community water partnerships in 86 countries to support locally relevant initiatives * Working with World Wildlife Fund, they are helping to measurably conserve seven of the world's most......

Words: 526 - Pages: 3

Coca Cola

...raw material (water is the substantially important material for all products of the company ,as company didnt suffer from any shortage of water supply but having abundant amount of water and having quality and the to ensure sustainability of this precious natural resource,is different thing sustainability is responsibility of company)(envoirment) Being consider it as a threat Water is the main ingredient in substantially all of our products. It is also a limited resource in many parts of the world, facing unprecedented challenges from overexploitation, increasing pollution, poor management and climate change. As demand for water continues to increase around the world, and as water becomes scarcer and the quality of available water deteriorates, our system may incur increasing production costs or face capacity constraints which could adversely affect our profitability or net operating revenues in the long run. sweetneers sweetners in us is high fructose corn syrup hfcsavailable from domestic sources and subject to fluctuation in price.CCBSS is a limited liability company that is owned by authorized Coca-Cola bottlers doing business in the United States. Among other things, CCBSS provides procurement services to our Company for the purchase of various goods and services in the United States, including HFCS. The principal non-nutritive sweeteners we use in our business are aspartame,However, our Company purchases aspartame, an important non-nutritive sweetener that......

Words: 2448 - Pages: 10