Comparison Of Social Responsibility In Coca Cola And Nestle Company

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Social Responsibility
Corporate Social Responsibility is the responsibility by business to behave ethically and contribute to economic development while improving the quality of life in the workforce, local community and society. According to Robbins and Coulter (2014, pp. 156 – 158), social responsibility can be classified into 3 stages. It is found that both Coca-Cola and Nestle Company are socially responsible. Figure 1: Comparison of Social Obligation, Social Responsiveness and Social Responsibility

Coca-Cola enterprise is a public company, its business make a significant economic contribution to the countries and communities in the world. They sold approximately 12 billion bottles and cans through more than one million retail customers across the world and generating approximately $8.2 billion in revenue and $1 billion in operating income in 2014. (W. Jon, 2015) Hence, Coca-Cola company business has huge environmental and social impacts across the life cycle of their products. The life cycle is from the sourcing and use of raw materials and ingredients, to the manufacturing of products until the product disposal. They are also committed to reduce the impact across the value chain by reducing the carbon footprint of the drink and minimizing the water impacts in their value chain. However, there are also has a biggest impact lies beyond their business operations. (Coca-Cola CSR, 2014) Energy and climate change
According to the New Climate Economy report,

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