Csr coca cola
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- Corporate social responsibility (CSR) refers to companies managing their business processes to have an overall positive impact on society. CSR takes into account people, planet, and profit. Businesses engage in CSR to build reputation, save costs, reduce risk, and create a better work environment. Coca-Cola India has made CSR an integral part of its agenda and focuses on initiatives related to water, energy, health, packaging/recycling, communities, and economic responsibilities. However, the company has faced some obstacles and allegations but has responded through transparency and addressing concerns.
Csr coca cola
- 2. Corporate Social Responsibility: It is about how companies manage the business processes to produce an overall positive impact on society. WHAT IS CSR?? • CSR takes into account the 3P’s • People • Planet • Profit
- 3. Reasons why businesses engage in CSR • CSR enables to build a reputation as a responsible business. • CSR can lead to costs savings. • CSR allows a risk reduction of future liability. • CSR creates a better working environment. •Mandatory Requirement
- 4. Why Coca Cola Selected CSR • 3 consecutive years bagged THE GOLDEN PEACOCK award.
- 5. Coca Cola • Coca-Cola India was established as the Indian subsidiary of the US-based Coca-Cola Company (Coca-Cola) in 1993. • Keeping in mind the fact that it was one of the largest beverage companies in India, Coca-Cola India said it had made CSR an integral part of its corporate agenda.
- 6. • The company used large amounts of water and energy in its beverage production and tons of packaging material for its products, it had taken up several initiatives to act as a responsible company and reduce its environmental impact. • In addition to water, energy, and sustainable packaging, Coca-Cola India also focused on several community initiatives in India as part of its social responsibility initiatives.
- 7. COCA-COLA CSR MODEL PLANET: Be a responsible citizen that makes a difference by helping build and support sustainable communities. PEOPLE : To commit to the fair and dignified treatment of all people who work for The Coca-Cola Company, 90 percent of more production by local people with local resources. PORTFOLIO: Offer the highest quality beverages starting with, Coca cola and more than 2,600 beverage products. PARTNERS: The Company strives to engage effectively and cooperatively with our partners and stakeholders. PROFIT: Maximize long-term return to share owners while being mindful of our overall responsibilities.
- 8. CSR INITIATIVES WATER: • Conserve Water. • Watershed protection, rainwater harvesting projects • 110 recharge shafts that collected rainwater. Reverse filter system. • The company initiated drinking water projects in Maharashtra and Gujarat to provide potable water to the local communities. ENERGY: • Reducing energy consumption and emission of GHGs by such as refrigeration. • GHG emission reduced by three-fourths. • Increase the energy efficiency of its equipment by 40 to 50%.
- 9. CONTINUED… HEALTH: • Provided health checkups, medicine, and education to rural communities on health-related topics • Also funded polio eradication camps • Company conducted blood donation camps and supported a 24-hour emergency service for children • In a few districts of Andhra Pradesh, conducted camps for Hepatitis B vaccinations, eye checkups, and malaria eradication PACKAGING AND RECYCLING: • Packaging framework that aimed at recycling • A PET recycling project in Mumbai in partnership with Brihan Mumbai Municipal Corporation • Collected the company’s packaging material consisting of glass bottles, cans, etc. after they were disposed
- 10. CONTINUED… COMMUNITIES: • A commitment to the community was part of Coca-Cola India’s CSR. • In 2003,launched Jagriti Learning Centers to provide education to more than 1,800 children residing near its bottling facilities in Pune. • The initiative aimed to curb waterborne diseases • It set up around 2,000 schools for children. ECONOMIC RESPONSIBILITIES: • Played an active role in providing employment and giving the community opportunities to expand and grow. • For every job in the Coca-Cola system, 10 more jobs were created indirectly . • In 2007, launched an initiative called Parivartan (Change) for training small retailers in India.
- 11. Coca-Cola India Bags the Prestigious Golden Peacock Award for CSR, Third year in a Row.
- 12. OBSTACLES • The groundwater levels had dropped in the firsts even years of the company’s operations, from 1999 to 2006 • Even in 2008, the company continued to face mass demonstrations from local communities who demanded that the company shut down its bottling operations • There were also allegations that the company had seized land from farmers and that it had discharged hazardous material • A few critics came down heavily on Coca-Cola’s much acclaimed TCCC standards for waste management
- 13. RESPONSE • Coca-Cola opened an exclusive website, www.cokefacts.org, which addressed the allegations related to India and other countries • The National Geophysical ResearchInstitute78 (NGRI), which had concluded that there was no field evidence of overexploitation of the groundwater reserves in the area surrounding the plant • Coca-Cola stated that the technology used for waste water treatment at the plant was among the most advanced in the world . • Coca-Cola India had carried out its CSR activities across 45 bottling plants at an annual spend of Rs. 70 to 80 million .
- 14. THANK YOU