I am looking into these points in to why XYZ Manufacturing could use the Coca-Cola blueprint to move forward. Choose metrics to assess how well XYZ Manufacturing Company is meeting its environmental and social impact goals. What data would be used to support these metrics? How would you collect these data? Explain why these metrics would be effective.

At its bottling facilities worldwide, Coca-Cola recycles more than 90% of the effluent from its manufacturing process. The company's increasing social and environmental sustainability has benefited its financial position. Coca-sustainability, The company has benefited from Cola's initiatives in terms of cost savings, efficiency gains, and client acquisition and retention. Additionally, Coca-Cola's dedication to sustainability has helped the company's reputation and brand grow. Although Coca-Cola's environmental initiatives have mainly been effective, the firm will still face challenges. New technologies like carbon capture and plant-based packaging may enable Coca-Cola to lessen its environmental effect further. Coca-Cola believes sustainable agriculture offers solutions to interrelated issues such as human rights, water security, climate resilience, greenhouse gas (GHG) emissions reduction, and women's empowerment. We are working with our suppliers and a range of partners to create systemic change in our agricultural supply chain. (Sustainable Agriculture | The Coca-Cola Company, n.d.) Additionally, many customers concerned about social and environmental issues may pressure the company to enhance its sustainability. Coca-efforts Cola's strengthening social and ecological sustainability has helped the business's bottom line. The corporation may be able to boost its sustainability with the help of new technologies and heightened consumer knowledge of environmental and social issues. Coca-Cola has teamed up with its suppliers and customers to make its entire supply chain more environmentally sustainable. The business has created environmentally friendly packaging options that reduce the water needed for manufacturing and improve package recycling. Coca-Cola has also used sustainable farming methods that enhance the living circumstances of the farmers in its supply chain. These tactics have improved farmer income, reduced the company's environmental effect, and increased recycling rates. The first step in Coca-sustainability Cola's activities was adopting a zero-waste policy for all its global plants in 2011. In addition, the company planned to switch all locations to biodegradable paper straws in 2012. Coca-Cola has made significant strides in socially and environmentally sustainable in recent years. The company's accomplishments in this field are noteworthy. For example, the company has switched to biodegradable paper straws and launched a "Bite Back" program that encourages users to return plastic bottles in exchange for reimbursements of any deposits paid on such bottles. These two modifications were recently announced as the company has implemented a zero-waste strategy for all its global activities. To improve the environmental sustainability of the entire supply chain, Coca-Cola has also created connections with its suppliers and customers. This is being done to reduce the company's environmental impact. This project is part of the company's greater endeavor to reduce its ecological effect and is one of the ways it is doing so to replace petroleum-based polymers like polyethylene terephthalate with sustainable packaging materials made from corn starch, Coca-Cola announced intentions to build a $30 million factory in India in 2016. (PET). The effort is anticipated to reduce CO2 emissions and create local jobs. To reduce water use, Coca-Cola has partnered with bottle producers. Additionally, they have worked with suppliers to provide less-wasteful bottle designs. (Bottles Made From 100% Plant Plastic | The Coca-Cola Company, 2018) For instance, one form of bottle uses less plastic than ordinary bottles because consumers who want to recycle their empty bottles rather than throw them away can repurpose them several times (Coca-Cola). Coca-Cola has teamed up with waste management firms to support recycling initiatives to help cut down on packaging waste (Coca-Cola). To improve the living conditions of the farmers in its supply chain, Coca-Cola has adopted sustainable agricultural methods. These initiatives have reduced the company's environmental impact, raised farmer incomes, and increased recycling rates. Coca-Cola evaluates its efforts to promote social and environmental sustainability using a variety of variables. (How Does Coca-Cola Help the Environment? | Coca-Cola Australia, n.d.) The company set a 2020 water use reduction objective of 25% for ecological sustainability. Coca-Cola examines its water usage utilizing a variety of data sources, including production data, audits from outside parties, and data from water meters. The company also gathers information on the amount of water used in its packaging and the proportion of packaging manufactured from recycled materials to assess its success in minimizing its environmental impact. Coca-Cola intends to lessen the effects of climate change by cutting back on the greenhouse gas emissions produced by its business. A corporation's carbon footprint is determined using GHG reduction strategies that track GHG reductions at source sites (e.g., factories). The company's dedication to utilizing only renewable energy supports the accomplishment of its goal. Currently, about 70% of their electricity is generated by renewable sources. Since it enables them to limit their impact on local water supplies while lowering their carbon footprint, this is a crucial step towards their aim of reducing water consumption. Coca-Cola also utilizes impartial audits to assess the effects it has on the environment. This involves, among other things, waste management practices, air pollutants, wastewater treatment, and greenhouse gas emissions. The corporation examines these audits when setting its goals and deciding where to allocate funds for sustainability projects. Coca-Cola tracks its efforts to reduce its environmental effect by collecting information on the water footprint of its products (including packaging). Coca-Cola wants to raise the living conditions of the farmers that produce it by 2020. Numerous metrics, such as farmer wages, access to education and training, and debt levels, are used to track the progress of this goal. (Statistics Division, n.d.) Based on the number of farmers in its supply chain who have embraced sustainable agriculture practices, Coca-Cola assesses its progress toward this goal. According to research conducted by the corporation, over the past several decades, the demand for Coca-Cola products in developing countries with rising GDP has increased farmer profits. To address current problems such as rural inhabitants' lack of access to education and illiteracy, however, is insufficient. Over half (54%) of Coca-Cola suppliers' employees, according to the firm, had finished secondary or higher education during the past ten years. This is insufficient for many farmers who live in rural locations with few post-secondary education options. (Global School Beverage Policy | The Coca-Cola Company, n.d.) In addition, despite their commitment to using only 100 percent organic products across the supply chain, Coca-Cola estimates that only 17 percent of suppliers utilize organic fertilizers on their farms. However, there are a lot of other approaches for businesses to accomplish sustainability. Other methods include creating new technology, enhancing waste management procedures, and investing in renewable energy. Companies can move closer to environmental and social sustainability by acting in these areas. After the business has created its social and environmental sustainability strategies, it is crucial to select metrics to gauge progress. The amount of garbage removed from landfills, the percentage of renewable energy used, and the reduced greenhouse gas emissions are a few examples of potential indicators. The business can monitor these KPIs to ensure it is moving toward its sustainability objectives. (WRI's Sustainability Data | World Resources Institute, 2020)

Monitoring development is critical to ensure the business is moving forward with its sustainability initiatives. However, it's crucial to remember that these plans must be revised as the company develops and changes. One may employ several measures to determine how far a corporation has progressed toward environmental and social sustainability. This can be accomplished by analyzing the organization's progress toward reaching these objectives. For example, the organization can track the amount of garbage removed from landfills, the proportion of energy obtained from non-conventional sources, and the reduced carbon dioxide emissions. In addition, the company can track and report on the number of farmers in its supply chain who have implemented ecologically responsible agricultural practices. Thus, the company can reduce the harm it causes to the surrounding environment. Considering these findings, it is abundantly clear that Coca-Cola is making enormous strides in guaranteeing its business operations' ecological and social sustainability. Moreover, the offered evidence gives credibility to this claim. In addition, as the business gains more insight into practical and feasible, the goals may also need to be altered. However, the industry can make significant strides towards environmental and social sustainability by establishing a defined plan and monitoring progress. In general, Coca-Cola is moving correctly regarding social and environmental sustainability. The business has created a plan and goals to enhance its sustainability operations. Depending on how you look at it, it seems like the organization has room for development in many of its characteristics. For instance, the corporation may increase the amount of money it spends on renewable energy, produce packaging that is friendlier to the environment, and embrace more sustainable farming techniques. Despite this, it is abundantly clear that the company is moving in the right direction regarding the social and environmental sustainability it plans to achieve when looking at Coca-Cola's practices. This is the case even though the company is a significant player in the beverage industry. The industry is also monitoring KPIs to ensure its sustainability strategies are successful. Coca-Cola will be able to lessen its impact on the environment and society while enhancing its financial performance if it keeps putting its sustainability strategies into practice. References Bottles Made From 100% Plant Plastic | The Coca-Cola Company. (2018, January 1). The Coca-Cola Company; www.coca-colacompany.com. https://www.coca-colacompany.com/news/100-percent-plant-based-plastic-bottle Global School Beverage Policy | The Coca-Cola Company. (n.d.). The Coca-Cola Company; www.coca-colacompany.com. Retrieved July 24, 2022, from https://www.coca-colacompany.com/policies-and-practices/global-school-beverage-policy How does Coca-Cola help the environment? | Coca-Cola Australia. (n.d.). How Does Coca-Cola Help the Environment? | Coca-Cola Australia; www.coca-colacompany.com. Retrieved July 24, 2022, from https://www.coca-colacompany.com/au/faqs/how-does-coca-cola-help-the-environment Statistics Division, U. N. (n.d.). SDG Indicators SDG Indicators. SDG Indicators SDG Indicators; unstats.un.org. Retrieved July 24, 2022, from https://unstats.un.org/sdgs/metadata/ Sustainable Agriculture | The Coca-Cola Company. (n.d.). The Coca-Cola Company; www.coca-colacompany.com. Retrieved July 24, 2022, from https://www.coca-colacompany.com/sustainability/sustainable-agriculture WRI's Sustainability Data | World Resources Institute. (2020, July 21). World Resources Institute; www.wri.org. https://www.wri.org/sustainability-wri/dashboard