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Coca-Cola Launches Global EKOCENTER Partnership To Deliver Safe Drinking Water And Basic Necessities To Rural Communities

Stocks in this article: KO

Please replace the release with the following corrected version due to revisions in the second paragraph.

The corrected release reads:

COCA-COLA LAUNCHES GLOBAL EKOCENTER PARTNERSHIP TO DELIVER SAFE DRINKING WATER AND BASIC NECESSITIES TO RURAL COMMUNITIES

Announces Cross-Sector Collaboration with DEKA R&D, IBM, Inter-American Development Bank, McCann Health, NRG Energy, Qualcomm Technologies and UPS to Deliver EKOCENTER to 20 Countries by End of 2015

The Coca-Cola Company, DEKA R&D, IBM, Inter-American Development Bank (IDB) Group, McCann Health, NRG Energy, Inc. (NRG), Qualcomm Technologies, Inc. and UPS®, today announced they will work together to bring EKOCENTER TM – a kiosk designed to improve the well-being of communities – to 20 countries by the end of 2015.

Coca-Cola’s announcement brings to action its 2012 commitment with DEKA R&D to provide safe drinking water to communities through the Slingshot TM water purification system, ensuring communities are more sustainable. Today, we are announcing that we will place between 1,500 and 2,000 units in the form of EKOCENTERs, “downtowns in a box,” or Slingshot TM water purification systems to deliver further services beyond clean water, in Africa, Asia, Latin America and North America by the end of 2015. Each EKOCENTER will offer a locally tailored mix of products, services and resources that may include safe drinking water, sustainable energy, wireless communications, refrigerated vaccination storage, health education, and other functionality to jump-start entrepreneurship opportunities and community development. Through this commitment, we aim to deliver 500 million liters of safe drinking water, while promoting greater local development in communities that need it most.

Women and entrepreneurs from local communities will be recruited to operate each EKOCENTER, creating new opportunities for employment in the communities where we install and operate EKOCENTER. Entrepreneurs selected to operate the EKOCENTERs will be given business skills training similar to that provided by Coca-Cola’s 5by20 program, an initiative designed to economically empower 5 million women entrepreneurs across Coca-Cola’s value chain by 2020.

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