Coca-Cola's CSR Policy

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Coca-Cola’s CSR policies

In 2007 Coca-Cola launched its sustainability framework Live Positively embedded in the system at all levels, from production and packaging to distribution. The company’s CSR policy Live Positively establishes seven core areas where the company sets itself measurable goals to improve the business’ sustainability practices. The core areas are beverage benefits, active healthy living, the community, energy and climate, sustainable packaging, water stewardship and the workplace. Coca-Cola has a Code of Business Conduct which aims at providing guidelines to its employees on – amongst other things – competition issues and anti-corruption. The company has adopted international CSR guidelines such as Global Compact and …show more content…

Nowadays, Coca-Cola implements various initiatives tailored to address the water problems in India, which includes research, partnerships with the Indian local government and international organizations and community projects. Moreover, the company did not stop there. Water management is one of the core elements of Coca-Cola’s global CSR policy and the company is committed to meet targets concerning water management efficiency. Coca-Cola does not admit that the conflict in India was the main motivation behind the adoption of its ambitious water management policies. However, given the severe image damage – and the consequent revenue losses experienced – it is very likely that the conflict in India influenced the corporate decision to implement a CSR policy on water management efficiency in …show more content…

Also, Coca-Cola has improved its reporting activities by being up to date with the advances in GRI guidelines.

Walmart also updated its policies against discrimination. Its Global Responsibility Report emphasizes gender equality, a diverse workforce and appointing women to top management positions. Walmart has incorporated an Advisory Board on Gender Equality and Diversity that aims to provide equal opportunities in leadership positions. The report even dedicates a separate paragraph on ‘Empowering women at Walmart’. Regarding Walmart’s underage labour issue in Bangladesh, in 2005 Walmart changed its zero tolerance child labour policy due to NGO Maquila Solidarity Network
’s advice. Now, instead of immediately cutting business relationships with suppliers hiring up to two underage workers, they receive a warning and are obliged to take corrective measures for the next audit. Only when the supplier has hired more than two underage workers and has not corrected the situation does Walmart

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