Can Corporate Sustainability & Economic Growth Coexist?
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Submitted by: Coca-Cola Company, The
Posted: Oct 29, 2008 – 10:42 AM EST
ATLANTA,GA. - Oct. 29, 2008 - The Coca-Cola Company announced the release of its fifth annual Sustainability Review, which profiles its commitment to growing its business in an economically, environmentally and socially sustainable way.The 2007/2008 Sustainability Review, entitled "Act. Inspire. Make a Difference. A dialogue of progress and possibility," is available online at: www.sustainability.thecoca-colacompany.com.
The Review outlines the connection between the Company's ability to make a difference in communities and its business through sustainable practices; highlights progress against key performance metrics within the four pillars of its system-wide sustainability framework – Workplace, Marketplace, Environment and Community; and reports on the Company's progress against Global Reporting Initiative(TM)indicators and United Nations Global Compact principles.
"For our Company and our bottling partners, sustainability reflects an understanding of the role our business must play in society if we are to be successful in the 21st century," President and CEO Muhtar Kent wrote in the Review's introduction: "This understanding is expressed in our renewed focus on productivity and efficiency, the goals we have set as a system, and the ways in which we are engaging with stakeholders and communities on issues such as water stewardship; energy management and climate protection; sustainable packaging; active, healthy living; workplace rights; and community development."
Stakeholder feedback influenced the development of the Review content. The Review is comprised of the following content:
The Company is committed to developing greater transparency in its reporting and improving the quality and quantity of the data reported. Feedback on the report is welcomed and may be sent to: firstname.lastname@example.org.
The Coca-Cola Company is the world's largest beverage company, refreshing consumers with more than 450 sparkling and still brands. Along with Coca-Cola, recognized as the world's most valuable brand, the Company's portfolio includes 12 other billion dollar brands, including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, PowerAde, Minute Maid and Georgia Coffee. Globally, we are the No. 1 provider of sparkling beverages, juices and juice drinks and ready-to-drink teas and coffees. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy the Company's beverages at a rate of 1.5 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that protect the environment, conserve resources and enhance the economic development of the communities where we operate. For more information about our Company, please visit our Web site at www.thecoca-colacompany.com.
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