...2014/15 Coca Cola Sustainability Report Part 1 – Report Analysis 1. Coca Cola’s sustainability strategy is aligned rather than being just an afterthought. That is, the sustainability strategy is effectively aligned with the company’s strategic objective. As Coca Cola endeavors to refresh the world, the company and its local bottling partners strive at creating new value for their customers. The management is also committed not only on effectively implementing the strategy, but also keeping it aligned with the general strategic objective (Coca Cola, 2015). 2. The company’s sustainability report follows Triple Bottom Line (TBL) and the goals also reflect the TBL. The TBL is a framework that integrates three performance dimensions including social, financial, and environmental (Slaper & Hall, 2015). The company classifies specific standard disclosures (aspects) into three performance dimensions, environmental, financial and social according to the TBL framework (Coca Cola, 2015). The report offers performance outcomes of its system’s progress towards accomplish strategic commitments and goals that have been made in social, financial and environmental areas. 3. However, the company conducted a materiality, which refers to the information in a sustainability report that covers indicators and topics that a company’s crucial economic, social, and environmental effects or that can significantly affect the stakeholders’ evaluations and assessments (Coca Cola, 2015)...
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...on the sustainability program of Coca Cola Company. These assignments based on the challenges and success stories of Coca Cola Company to sustain in the market and be successful in the future. Firstly, I want to introduce the Coca Cola Company and what they do in the market. Secondly, I want to write about the objectives of the Sustainability program of Coca Cola Company. Thirdly, I want to write about Success and Challenges of the Sustainability Initiatives of Coca Cola Company. Fourthly, I want to write about recommendations that I can advise to the Coca Cola Company. 1 Table of Contents Acknowledgement 1 Executive Summary 1 2 3 1 Introduction 3 1.2 General growth strategy of Coca Cola Company 3 1.3 Scope of the study 4 1.4 Mission and Vision of Coca Cola Company 4 1.5 Mission 4 1.6 Sustainable vision 4 1.7 Trend Analysis of Coca Cola 5 2 Objectives of the Sustainability Program 6 2.1 Water Efficiency 8 2.2 Wellbeing 9 2.3 Energy and Climate Change 10 2.4 Agriculture 10 3 Quality Standard 11 4 Success and Challenges Story of Coca Cola Sustainability Program 11 4.1 Calorie commitments 12 4.2 Resource Scarcity 12 4.3 Coca-Cola in India 13 5 Improvement of the Business Sustainability Program 14 5.1 Growth and Differentiation 14 5.2 Advocacy and leadership 15 5.3 Technology and innovation 15 6 Recommendations 15 7 Conclusion 16 8 References 16 | | | | | | 1 Introduction Figure 1 Coca Cola...
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...Running head: ENVIRONMENTAL SCANNING Environmental Scanning MGT/498 May 1, 2012 University of Phoenix Environmental Scanning Pepsi and Coca-Cola serve as prime examples of major competitors in the beverage industry and strive to be different although each company produces a similar product. With the popularity of these corporations at the zenith of existence, each one needs to develop and maintain a competitive advantage that will yield results to their favor. For the purpose of gaining a competitive advantage measurement guidelines will need to be implemented to cultivate effective strategic planning and measure the effectiveness of each plan. The intention of this study will be to examine each cola giant in order to describe the internal and external environments of each one and develop an understanding of how each company uses environmental scanning. Furthermore, a discovery of competitive advantages will be uncovered by examining strategies, such as creation of value and sustain, measurement guidelines, and the effectiveness of the measurement guidelines used by each company. Environmental Scan The environmental scan of Pepsi and Coca-Cola will involve monitoring, evaluating, and disseminating of information from the external and internal environments to the key people within the corporations (Wheelen, 2010). An addition, each company will need to evaluate current performance results, review corporate governance, scan and assess the external and internal environment...
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...The Coca-Cola Company: Company Evaluation MGT/ 498 April 20, 2012 The Coca-Cola Company: Company Evaluation The Coca-Cola Company is the leading supplier of non-alcoholic beverages in the world. The brand is most recognized in the industry, providing over 3,500 soft drinks, sports drinks, water, juices, coffee, and milk products to more than 200 countries around the world. Guided by the company’s core values, Coca-Cola has created value and accomplished great notoriety through careful planning and execution of their business strategy. Current Strategies Although the Coca-Cola operates in a consolidated industry the company is still able to implement an integrated low cost/ differentiation strategy that “builds on the company’s basic strengths in marketing and innovation, driving increased efficiency and effectiveness in interactions with our system and generating new energy through core brands that focus on health and wellness”(Coca-Cola Company). The low cost side gives the company the ability to continue building profits in the midst of new entrants into the industry, substitutions, competitor rivalry, suppliers' power, and buyers' power. The low cost/differentiation strategy allows Coca-Cola to decrease costs consistently while adding differentiated attributes to its product lines. Using this strategy, Coca-Cola has “ increased its annual marketing budget substantially, launched many new products, and developed a model to help retail customers maximize their...
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...Coca Cola Green Initiatives Nicole Johnson MGT/470 Green Initiatives Implementation of sustainability plans by small businesses and global organizations have become one of the top priorities for businesses. Companies have become environmentally conscious of materials used in the production of goods, energy use in manufacturing, and modes of transportation for products. These organizations have become active in the effort to reduce greenhouse gases by using energy efficient facilities, recyclable materials in building new facilities, and alternative transportation methods. The Coca-Cola Company is not an exception. Coca Cola has manufacturing plants across the globe. The company consults with the bottling partners and outlays sustainability agendas for the system, and supports these partners in meeting the established goals. Current Initiatives by Coca-Cola The Coca Cola Company is the newest members of the National Clean Fleets Partnership. The National Clean Fleets Partnership was created by President Obama to help large companies reduce diesel and gasoline use in their fleets. Coca Cola is a model to other companies in this area because for some time the company has had more heavy-duty hybrid trucks in North America than any other fleet. The current inventory includes more than 700 hybrid electric trucks that reduce fuel consumption and greenhouse gases when compared to a conventional truck. The company has a vision of zero waste. The products used by Coca Cola...
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...What Coca-Cola Did Wrong, And Right, In China The company moved very wisely in trying to buy Huiyuan--except when it came to dealing with the government and the law. The Chinese government rejected Coca-Cola's planned $2.3 billion acquisition of the Chinese company Huiyuan Juice, despite Coke's announcement a week earlier that it would commit $2 billion on top of that to expansion in China over the next three years. When the government declared the deal dead, a chill blanketed boardrooms around the world. Is the climate for foreign firms in China cooling? Is protectionism rearing its ugly head? What happened? Retail sales in China are still growing at a double-digit rate despite the global financial turmoil. The country can no longer be considered an emerging market for many brands. It became the largest market in the world for automobiles earlier this year; car sales rose 25% in February after the government started issuing tax rebates for small engines. Companies are getting more and more of their revenues from China; Yum! Brands (nyse: YUM - news - people ) generates about a third of its revenue from its KFC and Pizza Hut sales in China. If the country turned inward, the effect on the bottom-line of businesses from Unilever to General Motors would be huge. However, China's government went to great lengths to indicate that the rejection of the deal was about monopoly, not protectionism. My own observations suggest that local officials throughout the country are green-lighting...
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...The Coca Cola Company is a multinational leader in the beverage industry, best known for its flagship product, Coca-Cola. With such global recognition, their sustainability efforts are significantly prominent, with different geographical regions having different initiatives to help the world generally, especially less fortunate communities. In the United States, their latest Sustainability commitment called “Me, We, World” has the goal of creating social value and making a positive difference for the consumers and communities they serve. This commitment is aimed at ‘Enhancing personal well-being’ (Me) by offering low or no-calorie beverage options in every market, providing transparent nutrition information on their packages, among other initiatives. It is also aimed at ‘Building strong communities’ (We), by enabling the economic empowerment of 5 million women entrepreneurs by 2020, complying with Human and Workplace standards, as well as giving back 1% of their annual operating income. Finally, this commitment to Sustainability also involves ‘Protecting the environment’ (World). They aim to do this by replenishing 100% of water used in their finished products, sustainably source key agricultural ingredients, reducing the carbon footprint of their drinks by 25%, as well as many other goals. In the United Kingdom, their Sustainability initiative titled “Live Positively” recognized the various components of Coca Cola products that needed to be more sustainable and developed different...
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...CSR Case Studies: Coca-Cola Prepared by the Kenan Institute Asia October 2010 Lead author John DaSilva, Project Development Manager, Kenan Institute Asia Research, editing, production and translation team Paul Wedel, Christine Davis, Richard Bernhard, Stephanie B. Soderborg, Pham Lam Thuy Quynh, Peeranun Panyavaranant and Kamonphorn Kanchana This case study was developed under the Global Compact Network Vietnam (GCNV). The Vietnamese Chamber of Commerce and Industry (VCCI) is the national implementing partner of GCNV with financial support provided by the United Nations Development Programme (UNDP). Kenan Institute Asia was selected as the project consultant for the Embedding Corporate Social Responsibility in the Vietnam through Research, Training and Curriculum Development Component. Coca-Cola 1 Coca-Cola Branding and CSR: How Coca-Cola Company protects its multi-billion dollar brand image through community-based water projects. Potable water for communities is a key element of a safe and healthy lifestyle. Access to potable water for drinking, cooking and cleaning is a basic need for everyone, but in many parts of the world, safe water is still a dream. It is predicted that over the course of the next 20 years, the situation will become worse, as more water resources are contaminated or disappear while the water needs of a growing population will only increase. In Vietnam, according to the Ministry of Natural Resources and Environment, an estimated 40%...
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...Course project part 3 Organization Change Coca cola and PepsiCo HRM 587 Managing Organizational Change Professor Michael Komos June 4, 2015 Prepare By Pragnesh Patel Email: pragnesh265798@gmail.com 630 827 2281 (Cell) Contents Diagnostic Model Selection 3 The McKinsey 7S Framework 3 Data Analysis 5 SWOT Analysis 7 Coca Cola 7 Strengths 7 Weaknesses 7 Opportunities 7 Threats 7 PepsiCo 8 Strengths 8 Weaknesses 8 Opportunities 8 Threats 8 Added Threats and Resistance to Change 9 Recommendations 10 References 11 Diagnostic Model Selection The McKinsey 7s Framework The McKinsey 7s model has been selected for this analysis as the most applicable to the changes that have occurred and continue to occur at Coco cola and PepsiCo. This model best suitable for competitive environment and achieve forecasting goals. The 7-s model can be implements many aspect of organization for example it improve effectiveness of company by using best strategy and creating good communication between all employees and determine factors by using current situation for future planning. This model is very useful for those companies which work on different projects by making team with particular time period. It include following seven elements: * Strategy: It make plan which is helpful to organization to take advantages over competition. * Structure: It establish proper structure who report to whom. * Systems: it prepare daily task for every employees...
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...Value Alignment Learning Team A Michelle Bolte, Jason Rodriguez-Galarza, Ryan Worsham, Jennifer Patton, Carol Odom BUS/475 March 24, 2014 Ryan Simpson Value Alignment Organizational values are established by the individuals that develop the business and are carried out in the plans and actions of employees and executives of the firm. Although there are inevitable differences between the two, alignment of individual and organizational values help to shape the culture in which the company operates and often the direction of the firm to include both long-term goals and the strategic short-term methods by which they are reached. Below we will analyze how organizational and individual values are reflected in the plans and actions of the Coca Cola organization. Individuals are born amoral, without established values. As each matures and evolves, they develop a sense of moral obligation and a system of values that derives from the people and cultures that they are subjected to. As babies, toddlers, and young children individuals witness and mimic the actions and values of those that they are most frequently surrounded by, mainly their parents or caregivers. They are taught the difference between right and wrong and throughout time develop a set of values from sources such as their parents, peers, religious leaders, educators, and other influential persons such as celebrities and cultural leaders. Although at a younger age people are generally more willing to stray from their...
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...2011/2012 GRI Report A companion to the 2011/2012 Sustainability Report This report was released on October 7, 2012 | v1 . 8 About This Report The Global Reporting Initiative (GRI) is “a network-based organization that produces a comprehensive sustainability reporting framework that is widely used around the world.” This year, in 2012, The Coca-Cola Company has set out to report against the Key Performance Indicators (KPIs) that measure economic, environmental and social performance. We have done so within the scope of our Company’s wholly owned operations. Where we have reported information on behalf of the Coca-Cola system (The Coca-Cola Company and our bottling partners), we have flagged this information within the body of the text. For 2012, and the 2011/2012 Sustainability Report specifically, our Company has self-declared a grade B against the GRI G3.1 Guidelines. This year’s Sustainability Report has also received verification by a third-party external verification agency, FIRA Sustainability BV. Their verification is evidenced by a “+” sign next to our grade B, which reflects their verification and approval of our tracking systems. Throughout this report, you will find the KPIs that we have addressed, along with additional information regarding our most critical initiatives and programs. While we strive to continuously increase our transparency, some of the information requested in response to additional KPIs could put at risk our ability to compete and therefore...
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...Coca Cola Hellenic Inc Corporate Case Study Table of Contents Executive summary……………………..………………………………4 Stakeholders……………………………………………………………………...……5 GRI & UN compact…………………………………………...……………………….5 Social and environment issue………………………………………………….…........6 CSR and Environmental Sustainability………………………………………………..8 Economic performance………………………………………………………………...9 Sustained competitive advantage………………………………………………….....10 Recommendations........................................................................................................12 References……………………………………………………………....13 Appendix A…………………………………………………………….14 Appendix B…………………………………………………………….17 Appendix C…………………………………………………………….18 Executive summary The Coca-Cola Company is the world’s largest non-alcoholic drinks company, controlling over 21% of soft drinks off-trade RTD volumes. Along with Coca-Cola, recognized as the world's most valuable brand, the Company markets four of the world's top five non-alcoholic sparkling brands, including Diet Coke, Fanta and Sprite, and a wide range of other Soft drinks company. In this report, we are working toward expanding our sustainability reporting on topics that are most important to Company and stakeholders. We include increased our discussion of stakeholder engagement, GRI & UN compact, Issues on social and environment, CSR and Environmental Sustainability, Economic performance, Quality of Management, Sustained competitive advantage and give some recommendations...
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...detecting early signs of opportunities and threats that may influence current and future plans. In strategic planning, an environmental scan can help an organization increase understanding of the internal and external environmental factors that will require reaching the long term goals of the company. Pepsi and Coca-Cola serve as prime examples of major competitors in the beverage industry and strive to be different although each company produces a similar product. With the popularity of these corporations at the zenith of existence, each needs to develop and maintain a competitive advantage that will yield results to their favor. For the purpose of gaining a competitive advantage measurement guidelines will need to be implemented to cultivate effective strategic planning and measure the effectiveness of each plan. The intention of this paper is to research and describe the internal and external to reach a company in order to describe the internal and external environments of each and develop an understanding of how each company uses environmental scanning. Furthermore, a discovery of competitive advantages will be uncovered by examining strategies, such as creation of value and sustain, measurement guidelines, and the effectiveness of the measurement guidelines used by each company Internal and External Environments The whole process can be seeing as beneficial knowledge for managers wishing to increase the long term efficiency and develop strategic plans...
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...detecting early signs of opportunities and threats that may influence current and future plans. In strategic planning, an environmental scan can help an organization increase understanding of the internal and external environmental factors that will require reaching the long term goals of the company. Pepsi and Coca-Cola serve as prime examples of major competitors in the beverage industry and strive to be different although each company produces a similar product. With the popularity of these corporations at the zenith of existence, each needs to develop and maintain a competitive advantage that will yield results to their favor. For the purpose of gaining a competitive advantage measurement guidelines will need to be implemented to cultivate effective strategic planning and measure the effectiveness of each plan. The intention of this paper is to research and describe the internal and external to reach a company in order to describe the internal and external environments of each and develop an understanding of how each company uses environmental scanning. Furthermore, a discovery of competitive advantages will be uncovered by examining strategies, such as creation of value and sustain, measurement guidelines, and the effectiveness of the measurement guidelines used by each company Internal and External Environments The whole process can be seeing as beneficial knowledge for managers wishing to increase the long term efficiency and develop strategic plans for the business...
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...The Coca Cola Company- Midterm MGMT 330- Principles of Leadership and Management The soft drink Coca Cola as we know today was created by a pharmacist by the name of John Pemberton. One day while he was experimenting with a new recipe, he created a syrup, which he believed was tasteful. This syrup was taken to Jacobs Pharmacy in Atlanta, Georgia, May 8, 1886. Pemberton added the syrup to carbonated water because at the time it was believed to help cure health issues. This new drink became popular that Pemberton was able to sell nine drinks a day at 5 cents per glass. From that point on, the greatest refreshment of all times was invented. Dr. Pemberton’s accountant helped create name and logo what is known today. In 1888, the secret formula was sold to a business man by the name of Asa Candler. He soon began to produce, distribute, and advertise Coca Cola. For many years the soft drink was only served in soda fountains, until two business men sold the idea to Chandler to sell Cola in glass bottles. This way everyone would be able to enjoy it not only at the parlors but in their homes as well. A few years later the design of the contour bottle was produced in order to authenticate the beverage from its competitors and imitators. At the start of the 21st century, The Coca Cola Company began expanding their company, distributing their soft drinks to different countries. Not only does the company produce soft drinks, it also produces: bottled water, children’s...
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