This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Coca-Cola Releases 2011-2012 Global Sustainability Report

The Coca-Cola Company (NYSE: KO) today issued its ninth annual Sustainability Report and second Global Reporting Initiative (GRI) Report highlighting the Company’s efforts to create value for shareowners while enhancing well-being for people and communities around the globe.

“Coca-Cola is intent on growing our business by making a difference wherever our business touches the world and the world touches our business. We are committed to enhancing people’s lives, economically empowering women, providing access to safe water and promoting water replenishment – in collaboration with critical partners from civil society and government,” said Bea Perez, Chief Sustainability Officer at The Coca-Cola Company.

Since naming its first Chief Sustainability Officer in July 2011, the Company has evolved its sustainability framework. Formerly organized across seven pillars and themed, “Live Positively,” the new framework focuses sustainability efforts into three pillars: People, Communities and Environment. This new approach was designed to further embed sustainability initiatives into business plans, while providing clarity to consumers.

Highlights of key sustainability efforts and accomplishments achieved by the Company and its nearly 275 bottling partners worldwide, many of which are detailed further in the 2011-2012 Sustainability Report , include:

  • Our portfolio includes full-, reduced-, low- and no-calorie sparkling beverages, waters, juice and juice drinks, sports and energy drinks, teas, coffees, and milk- and soy-based beverages. We now offer more than 800 low- or no-calorie options — nearly 25 percent of our global portfolio. Since 2000, our average calories per serving have decreased by 9 percent globally.
  • The Coca-Cola system currently sponsors more than 280 physical activity and nutrition education programs in more than 115 countries with a goal to provide at least one such program in the more than 200 countries where it has operations by 2015.
  • The Company’s 5by20 initiative to enable the economic empowerment of 5 million women entrepreneurs across its value chain by 2020 has gained exciting momentum over the past year. By the end of 2011, 131,000 women were empowered throughout Brazil, India, the Philippines and South Africa, by programs that offered access to business skills training, financial services, assets and networks of mentors and peers. We expect to enable the economic empowerment of 300,000 women by the end of 2012.
  • In 2011, the Company and The Coca-Cola Foundation gave back a total of $123.5 million to improve living standards for people around the world. This is a 21 percent increase over 2010.
  • Since 2005, as part of the efforts to become water neutral by 2020, the Coca-Cola system has conducted 382 community water projects in 94 countries, working hand in hand with local governments and partners including WWF, the United States Agency for International Development, The Nature Conservancy and CARE. Also in 2011, the water use ratio in manufacturing operations achieved its targeted 20 percent reduction, based on a 2004 baseline. In September of this year, the Company announced a long-term global clean water partnership with DEKA Research and Development to bring DEKA President Dean Kamen's "Slingshot" technology to communities where potable water access is limited.
  • The Company has distributed more than 10 billion fully recyclable PlantBottle™ packages across 24 countries, eliminating the need for the equivalent of more than 200,000 barrels of oil since the debut of this innovative plastic bottle in 2009. To continue to accelerate global production of plastic packaging made from plants, in September of this year, the Company announced a partnership with JBF Industries Ltd. To support the partnership, JBF Industries Ltd. will build the world's largest facility to produce bioglycol – the key ingredient used to make PlantBottle™ packaging.
  • In response to a 2015 goal for all new cold-drink equipment to be HFC-free, approximately 24 percent of our 2011 cold-drink equipment purchases were HFC-free. Also in 2011, CO 2 was adopted as the system’s HFC-free refrigerant of choice for new equipment purchases. By phasing out HFCs, the Company expects to avoid the emission of more than 52.5 million metric tons of carbon dioxide equivalent over the life of its equipment fleet.
  • With long-standing conservation partner WWF, Coca-Cola launched Arctic Home, the Company’s largest cause-marketing campaign in its history. Together with Coca-Cola fans, awareness and funds were raised to help protect the polar bear and its habitat.

Perez says, “We recognize that the sustainability of our business depends on the health of the communities we serve. We also know that we won’t reach our 2020 Vision of doubling the business without embedding sustainability into our business to drive efficiency and effectiveness.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,678.23 -40.31 -0.23%
S&P 500 2,056.15 -4.90 -0.24%
NASDAQ 4,863.3620 -13.1570 -0.27%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs