04 - Task - Performance - 1 (5) CASE STUDY 2YR
04 - Task - Performance - 1 (5) CASE STUDY 2YR
04 - Task - Performance - 1 (5) CASE STUDY 2YR
PART A:
I. Corporate Social Responsibility of a company (local or internal company)
` The Coca-Cola Company is the world's largest beverage company with the most extensive distribution
system in the world, operating in more than 200 countries across the world. The company currently has over
400 different brands under its control and is one of the most recognizable names in the commercial world. The
purpose of The Coca-Cola Company is to refresh the world and make a difference. Their vision is to craft the
brands and choice of drinks that people love, to refresh them in body and spirit. Their portfolio of brands
includes Coca-Cola, Sprite, Fanta, and other sparkling soft drinks. The Coca-Cola Company is a well-known
beverage company, and its most popular drink is Coke, a carbonated soft drink. The company already faced a
lot of disapproval concerning the harmful health effects of this drink that contains high amounts of sugar that
can lead to obesity, among other health issues. As a beverage company, it also must be water neutral or
reduce the effects of its water footprints. Its concept is becoming recognized and increasingly crucial for
society as the impact of environmental issues has become grave over the years.
Combining environmental and social concerns with the planning and operation of a company is what
CSR is all about. Different marketing research and case studies have stated that both consumers and investors
are more likely to patronize products from a company that promotes social causes they believe in. CSR
programs are created by different companies to both increase their revenues and encourage sustainable
development, "Green" Policies, also called environmental policies, these strategies are the ones companies
consider to minimize any environmental damage to their operations. Another worldwide concern is energy
usage. To help conserve energy, companies can put up signage to remind employees to turn off unneeded
lights. Reducing energy use will help the company save money and reduce pollution caused by non-renewable
energy sources. In the short term, water stewardship is using water responsibly in a way that's most beneficial
to both humans and the environment. Ranked fifth in global risk, the water crisis is a looming catastrophe
waiting to happen. This is why those who use it the most must find ways to promote water use and
sustainability. Large companies create a lot of waste, and recycling is the key to helping the environment.
Promoting recycling will save resources and send less waste to landfills to help reduce air and water pollution.
Encouraging environmental issues awareness is important to the success of green policies. Seriously instilling
these policies provides opportunities for companies to prove how environmentally mindful they are. Most of
the company's products depend on the environment. That's why they are very active when it comes to the
protection of the environment. They have a range of partnerships to protect and enhance the environment by
recycling, water efficiency, reducing carbon emissions, and cleaning up litter.
Coca-Cola also emphasized that all of their employees must make time to volunteer in their community
because it's the right thing to do. They have also planned to contribute a percentage of their profit to charities
and community causes. This CSR program of Coca-Cola will help the employees enhance their skills and gain
more experience while building a better future for the next generations.
PART B:
I. Create a sustainability plan to maintain/ or create innovations in the company’s existing CSR
The social impact of Coca-Cola is that 18.5 million+ people's lives improved through access to safe
drinking water, sanitation, and hygiene since 2010. Their programs focus on improving community access to
water and sanitation while promoting improved hygiene behaviors to make positive impacts on health and
development. Coca-Cola's business stimulates job creation across our value chain. They contribute to the
economic development of local communities by employing local people, paying taxes to governments,
purchasing goods, services, and capital equipment from suppliers, and supporting social development
programs. Although Coca-Cola is a large company, they also focus on making a positive difference in the local
communities they operate by working with local partners and supporting its employees' active involvement.
They have been using local partnerships and providing work-related learning and mentorships with their
education centers. The company is also promoting a culture of well-being with empowerment and encouraging
people to live positively. They are aiming for world-class health and safety standards and a zero-accident
workplace.
References:
https://studybay.com/blog/corporate-social-responsibility-in-the-coca-cola
https://www.bartleby.com/essay/Brand-Image-Of-Coca-Cola
https://www.britannica.com/topic/The-Coca-Cola-Company
Format:
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