Question
Coca-Cola has been a pioneer in sustainable packaging for decades, and its commitment to environmental sustainability has helped the company reduce its total impact on
Coca-Cola has been a pioneer in sustainable packaging for decades, and its commitment to environmental sustainability has helped the company reduce its total impact on the environment. The company has reduced the amount of water used in its manufacturing process and increased the amount of recycled packaging. Coca-Cola has also developed strategies for sustainable agriculture and worked to improve the living conditions of farmers in its supply chain. These strategies have decreased the company's environmental impact, boosted farmer earnings, and raise recycling rates. Coca-Cola uses beverage containers made from PET plastic bottles that have been recycled. In reality, just 10 percent of Coca-packaging Cola's is non-recyclable; the rest consists of virgin plastics derived from petroleum or nonrenewable elements such as glass and metal. Coca-impact Cola's is reduced by 30 percent when recycled materials are used instead of raw materials. Additionally, it minimizes CO2 emissions since less energy is needed to make a given quantity of plastic than if it were made from petroleum resources such as crude oil or natural gas.
Coca-Cola recycles more than ninety percent of its manufacturing wastewater at bottling plants worldwide. The company's attempts to improve its environmental and social sustainability have helped its bottom line. Coca-sustainability Cola's initiatives have helped the company save money, increase efficiency, and attract and retain customers. Additionally, Coca-commitment Cola's sustainability has contributed to the expansion of its brand and reputation. The initiatives of Coca-environmental Cola have been largely successful, but the company will continue to confront hurdles. Emerging technologies, such as plant-based packaging and carbon capture, could help Coca-Cola reduce its environmental impact even further. In addition, increasing customer awareness of environmental and social issues may pressure the organization to improve its sustainability. Coca-endeavors Cola's to improve environmental and social sustainability has benefited the company's financial success. Emerging technologies and increased consumer awareness of environmental and social issues could aid the company in improving its sustainability.
Coca-Cola has partnered with its suppliers and consumers to improve the environmental sustainability of its entire supply chain. The company has developed ecologically friendly packaging choices that lower the water required for manufacturing and enhance package recycling. In addition, Coca-Cola has implemented sustainable agriculture practices that improve the living conditions of the farmers in its supply chain. These strategies have decreased the company's environmental impact, boosted farmer earnings, and raise recycling rates. Coca-Cola initiated its sustainability initiatives in 2011 when it implemented a zero-waste policy for its global facilities. By 2012, the company will have replaced all plastic straws with biodegradable paper straws at all locations. In addition, it launched the "Bite Back" campaign, which encouraged consumers to return plastic bottles for deposit refunds at select locations across the country. In 2016, Coca-Cola announced plans to build a $30 million factory in India to produce sustainable packaging materials from corn starch instead of petroleum-based plastics like polyethylene terephthalate (PET). The initiative is projected to provide local employment and lower CO2 emissions.
Coca-Cola has formed partnerships with bottle manufacturers to cut water consumption. They have also cooperated with vendors to offer less wasteful bottle designs. One type of bottle, for instance, consumes less plastic than standard bottles because consumers who wish to recycle their empty bottles rather than discard them can reuse them multiple times (Coca-Cola). Coca-Cola has partnered with waste management companies to help reduce packaging waste through recycling programs (Coca-Cola). Additionally, the corporation collaborates with its farmers to improve their living conditions by decreasing chemical use in coca-leaf-growing areas so that farmers may earn more money without increasing their pesticide exposure (Coca-Cola). Coca-Cola has reduced water consumption by 20% using its new hydration bottling technology. Compared to previous beverage bottling procedures, the new technology reduces water consumption by 30 percent. This technology is also eco-friendly because no additional energy or chemicals are required to produce the final product. Coca-Cola's to improve farmer livelihoods are part of a larger effort by beverage companies such as PepsiCo and Nestle's bottled water business to build long-term relationships with local farmers through sustainable agricultural practices such as crop rotation, use of organically grown fertilizers and pesticides, and providing access to markets where they can sell their produce at fair prices to earn more money. Recent research reveals that Coca-cooperation Cola's with its suppliers and customers increases the environmental sustainability of the entire supply chain. The company has created packaging options that reduce water usage and increase the amount of recyclable material.
Coca-Cola has adopted sustainable agriculture practices to enhance the living conditions of the farmers in its supply chain. As a result of these actions, the company's environmental impact has diminished, farmers' incomes have increased, and recycling rates have risen. Using a range of factors, Coca-Cola examines its environmental and social sustainability efforts. The firm has established a 2020 water use reduction goal of 25 percent regarding environmental sustainability. Coca-Cola analyzes its water usage using various data sources, including water meters, production data, and third-party audits. To measure its performance in reducing its environmental impact, the company also collects data on the amount of water used in its packaging and the percentage of packaging that is made from recycled materials. Coca-Cola plans to mitigate the consequences of climate change by reducing the greenhouse gas emissions from its operations. Green House Gas (GHG) reduction initiatives that monitor GHG reductions at source sites are used to calculate a company's carbon footprint (e.g., factories). The company's commitment to using 100 percent renewable energy bolsters the achievement of its objective.
Currently, almost seventy percent of their electricity comes from renewable sources. This is an essential step towards their goal of reducing water consumption since it allows them to restrict their influence on local water supplies while reducing their carbon footprint. Coca-Cola also uses independent audits to examine its environmental impact. This includes, among other things, wastewater treatment, air pollutants, greenhouse gas emissions, and waste management techniques. The corporation analyzes these audits when creating goals for itself and selecting where to invest money in sustainability projects. Coca-Cola uses data on the water footprint of its products (including packaging) to measure its environmental impact reduction progress. By 2020, Coca-Cola intends to improve the standard of living of its supply chain farmers. This objective is monitored using a variety of indicators, including farmer earnings, access to education and training, and debt levels among farmers. Coca-Cola also evaluates its progress toward this target based on the number of farmers in its supply chain who have adopted sustainable agriculture techniques. According to the company's research, farmer earnings are increasing due to the rising demand for Coca-Cola goods in developing nations with expanding GDP over the past several decades. However, this is insufficient to resolve existing issues like illiteracy and lack of access to education among rural residents in these regions. According to the corporation, more than half (54 percent) of Coca-suppliers' Cola's employees have completed secondary or higher education during the previous decade. This is insufficient for many farmers living in remote areas with limited opportunities for post-secondary education. Coca-Cola believes that only 17 percent of suppliers use organic fertilizers on their farms, despite their vow to use 100% organic ingredients throughout the supply chain.
Delnevo, D. (2021, May 25). Coca-Cola's Business & ESG Report 2020. CSR Europe. Retrieved July 10, 2022, from https://www.csreurope.org/newsbundle-articles/coca-colas-business-esg-report-2020
https://coca-colafemsa.com/wp-content/uploads/2022/03/VF-KOF-IR-2021-english-FS8.pdf. (n.d.).
Sustainable business. The Coca-Cola Company. (n.d.). Retrieved July 10, 2022, from https://www.coca-colacompany.com/sustainability
30 points Logically analyzes how emerging technologies or best practices affect environmental and social sustainability efforts and the financial bottom line at researched company and provides applicable support for answers 22.5 points Analyzes how emerging technologies or best practices affect environmental and social sustainability efforts and the financial bottom line at researched company but explanation is cursory or missing components, or support provided for analysis is not applicable 0 points Does not analyze how emerging technologies or best practices affect environmental and social sustainability efforts and the financial bottom line at researched company Score of Overview: Technologies,30 / 30 Criterion Feedback Good work logically analyzing how emerging technologies or best practices affect environmental and social sustainability efforts and the financial bottom line of your researched company while providing applicable support for answers.
Overview: Assess 30 points Assesses researched company's collaboration with suppliers and customers for how collaboration does or does not improve its environmental sustainability, supported by appropriate evidence provided 22.5 points Assesses researched company's collaboration with suppliers and customers for how collaboration does or does not improve its environmental sustainability, but evaluation is cursory; or is supported by evidence, but evidence is inappropriate 0 points Does not assess researched company's collaboration with suppliers and customers for how collaboration does or does not improve its environmental sustainability Score of Overview: Assess,22.5 / 30 Criterion Feedback You have a start on your assessment of your researched company's collaboration with suppliers and customers and how collaboration affects environmental sustainability; however, your assessment is missing critical detail and support. You are missing how the company collaborates with customers. You state that they do but you only cover supplier collaboration.
Overview: Metrics 30 points Comprehensively assesses performance metrics being used to analyze environmental and social sustainability 22.5 points Assesses performance metrics being used to analyze environmental and social sustainability, but some aspects of assessment are missing 0 points Does not assess performance metrics being used to analyze environmental and social sustainability Score of Overview: Metrics,22.5 / 30 Criterion Feedback You have the beginning pieces for the third section assessing performance metrics being used to analyze environmental and social sustainability, but some aspects of assessment are missing. You have a lot of content in this section that discuss the the outcomes that Coca-Cola has achieved not the specific metrics the company is using to track its sustainability efforts. You need to redesign this section and identify a few specific metrics they are using (e.g. how does the company track GHG or the precent of electricity that comes from renewable sources?). Also discuss the data needed to support the metric, how the company collects the data for each metric, and why the company likely chose those metrics.
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