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Corporate Social Responsibility
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3.18.2008 - 11:59pm ET
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New BSR Study Details Coca-Cola's Water Program
(CSRwire) SAN FRANCISCO, CA - March 18, 2008 - Business for Social Responsibility
BSR) has released Drinking
It In: The Evolution of a Global Water Stewardship Program at The Coca-Cola
Company. Researched and written by Linda Hwang and other members of
BSR's Environmental Research & Development team, this new study explores
the role of the private sector in responsible management of water
resources.
"By chronicling the journey of The Coca-Cola Company over five years, this
case study demonstrates how companies can be proactively involved in water
management along their supply chains and within their own facilities,"
said Emma Stewart, Ph.D., Director of Environmental R&D at BSR. "This
report profiles one company's experience in advancing an integrated water
strategy throughout its global operations and promoting the groundbreaking
concept of 'water neutrality.'"
As a company that operates in nearly 200 countries around the world, The
Coca-Cola Company (TCCC) is keenly aware of the challenges facing the
world's water resources. Today TCCC is the only organization in the world
that has publicly pledged to achieve "water neutrality" across its global
operations, which span more than 100 basins and sub-basins.
According to TCCC, its water stewardship strategy is an evolving learning
process. "We recognize the challenge in a goal as complex as 'water
neutrality' and have sought extensive external input from other companies,
non-governmental organizations and universities as to how it might be
defined," said Jeff Seabright, Vice President Environment & Water
Resources at TCCC. "We're focusing on quantifying our global water
footprint so that we can develop a process to return an amount of water
equal to what we use in our operations."
Drinking
It In reviews the drivers for TCCC's commitment to water resources
management, examines the complexities of integrating water initiatives
throughout global systems, and outlines implications and key lessons to
guide other companies that wish to gauge their water footprints and
evaluate potential risks.
Download Drinking It In at www.bsr.org/reports/Coke_Water_Study_March_2008.pdf.
About BSR
Since 1992, Business for Social Responsibility (BSR) has been providing
socially responsible business solutions to many of the world's leading
corporations. Headquartered in San Francisco and with offices in New York,
Paris, Guangzhou, Beijing and Hong Kong, BSR is a nonprofit business
association that serves its 250 member companies and other Global 1000
enterprises. Through advisory services, convenings and research, BSR works
with corporations and concerned stakeholders of all types to create a more
just and sustainable global economy. For more information, visit www.bsr.org.
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