Question
SUSTAINABILITY REPORT REGARDING ENVIRONMENTAL PERFORMANCE Coca-Cola Company is the largest company which have a wide range of partnerships to enhance and protect the environment through
SUSTAINABILITY REPORT REGARDING
ENVIRONMENTAL PERFORMANCE
Coca-Cola Company is the largest company which have a wide range of partnerships to enhance and protect the environment through cleaning up litter, reducing carbon emissions, recycling, and water efficiency with the involvement of employees and this company believes on doing the right thing always. As we all are well-known that waste of any company comes through the product packaging since 2017, this company find its solution through the process of partnering with other organizations along with Coca-Cola Foundation, they have invested more than $6 million on deducting the impact of plastic pollution problems, water replenishment, collecting marine litter, and recycling (Senay et al. 2022). Similarly, if the company recycled the used bottles then it will help to reduce the cost of manufacturing the new bottles. If the manufacturing cost of company decreases through the process of recycling then the company can utilized that reduced amount to the productive works which will gain profit for the company. Nowadays, every people of the community believe on sustainability and provides the positive image of the company which will help to increase the sales of company.
SUSTAINABILITY REPORT PERFORMANCE
REGARDING
SOCIAL
Coca-Cola foundation is an autonomous arm of Coca-Cola Company which is dedicated to the approach of providing charity to improve the communities all over the world. This foundation has given donations of about $109.2 million to 350 organizations worldwide. In 2021, the Coca-Cola foundation gave donation of $20 million to support in the fight against COVID-19.
Over the past two years the total funding of the Foundation for pandemic has exceeded 75 million which includes funding for the distribution of PPE (Personal Protective Equipment) and vaccines as well as general awareness campaigns (The Coca-Cola Company, 2021).
Furthermore, the Foundation had donated more than S7 million in the year 2021 for humanitarian help, disaster relief and other preparatory initiatives. In this way, the Coca-Cola Company is dedicated to helping communities during difficult times.
SUSTAINABILITY REPORT REGARDING GOVERNMENT
The Coca-Cola company can create and maintain its sustainability business to make a change in communities, people's lives, and the planet by executing its business in the right way.
Furthermore, it has achieved its targeted climate goal and now has focused to reduce the gas emissions by 25% as well as has launched a new bold strategy for the increment of water security. Moreover, it has also innovated industry leading goal to boost the use of reusable packaging by 2030 which will help to reduce the carbon footprint and has taken an action to create a secured and better future of people and communities through the investments. Lastly,Coca-Cola actively advocates for its interests in public policy at the state and federal levels of government in the United States and these sustainable activities will make better future and profitable to the company.
Evaluate ESGs in an individual context (i.e., one aspect of the Environmental, Social and Economic or Governance (ESG) impacts Evaluate ESGs in a team context (i.e., the team, as a whole, needs to make a number of written recommendations on how the other group could improve those three aspects of their case study)
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