Coca Cola CSR
Coca Cola CSR
Coca Cola CSR
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individual and communities at large and this explains the increased adoption of CSR activities in
organizations. To generate value, CSR addresses the different and interests of the stakeholders.
As part of its CSR, the Coca Cola Company has worked towards promoting the plight of gender
The Coca Cola Company is a beverage company selling its products to in more than 200
nations and regions globally. The goal of the company is to ensure the world is refreshed (The
Coca Cola Company 2021). The company also strives to make a difference. Some of the Coca
Cola products include soft drinks such as Coca-Cola, Sprite and Fanta. Other products are
Minute Maid, Dasani, Costa and Innocent. The company is focused on bringing innovative
products while positively impacting the lives of the people. With more than 700,000 employees,
Coca Cola has created economic opportunities for people and communities around the world
(The Coca Cola Company 2021). Coca Cola’s success has in part been attributed to its CSR
activities. CSR is based on the notion that organizations cannot be isolated entities, rather must
work in ways that are more sustainable and which help guarantee a better shared future (Sun and
Prize, 2017). The main goal is to make a difference by doing business as is required.
CSR is now a global phenomenon drawing the interest of scholars and organizations.
CSR ensures that organizations incorporate social and environmental concerns into their
operations. The involvement of all stakeholders is also warranted (Agudo-Valiente et al, 2017).
stakeholders with suitable controls in place. CSR activities benefit all the stakeholders by
generating shared value. In order to achieve shared value, organizations strive to address the
different interests of stakeholders (Sun & Prize 2017). Under CSR, a number of issues such as
social, environmental, climate and gender are considered while focusing on long-term attainment
of organizational goals. As part of its CSR initiatives, Coca Cola has strived to promote gender
and minority issues to coincide with its core values of diversity, equality and inclusivity.
The workplace is becoming increasingly diverse given the effects of global integration
commonly termed globalization, which has made the world a global village. There are different
(Inegbedion et al, 2020). A direct impact of this phenomenon is that people from different parts
of the world can now interact and work together. An organization’s ability to fit into different
parts of the world is a global corporate culture that is promoted via effective diversity
management (Holgersson et al, 2020). This is the reason why diversity management has caught
Diversity, equity and inclusion remain the core values of Coca Cola besides serving as
the growth strategy. Moreover, these factors are important in defining the success of the
organization (The Coca Cola Company 2021). The company harnesses the diversity of people
from all over the world in order to attain its goal of refreshing the world and standing out from
the rest. For this company, having a diverse workforce and an environment that is inclusive is a
strategic plan that promotes creativity and innovation (The Coca Cola Company 2021). The
company’s goal is not just to reflect diversity of the places it serves, rather to lead and support a
Coca Cola’s support for gender and minority groups in the US has been evidenced in a
number of areas. One is the support it has accorded LGBT communities (The Coca Cola
Company 2021). Being one of the most inclusive brands in the world, the company cherishes
diversity, inclusion and equality demonstrated through its culture, policies and partnerships.
Coca Cola has always protected employees from discrimination on the basis of gender and
sexual orientation, scoring 100% annually on the Human Rights Campaign’s Corporate Equality
Index. The company has had an LGBTQA Business Resource Group (BRG) for about 15 years
and remains a leader in ensuring its LGBTQ partners are treated equally (The Coca Cola
Company 2021). In 2011, Coca Cola started providing health insurance that covered transgender
groups.
Moreover, in 2015, the company started helping with the taxes imposed on American
workers whose same-sex partner had been registered under health benefits though residing from
states that ban same-sex marriage. On the other hand, the company is known for supporting
policies that enhance inclusion and equality for these marginalize groups (The Coca Cola
Company 2021). As a matter of fact, Coca Cola was among the first American companies to
offer public support to the Employment Non-Discrimination Act. The company also partnered
with 379 businesses to support marriage equality before the Supreme Court. Together with
LGBTQ organizations in the US, the company introduced the Next Generation LGBTQ Leaders’
Initiative. This is a program whose goal is to educate, link up and motivate young LGBTQ
leaders (The Coca Cola Company 2021). In addition, the company has worked in different states
in a bid to counter the Religious Freedom Restoration Act (RFRA) legislation that is against the
LGBTQs. Coca Cola worked with Georgia business in 2020 to shoot down the RFRA legislation
Furthermore, in order to promote gender and minority groups, Coca Cola has supported
black-owned suppliers. The longstanding commitment of the company to promote diversity has
gained momentum, especially now as the minority-owned business are feeling the effects of the
COVID-19 pandemic, economic slowdown and increased rates of racial discrimination (The
Coca Cola Company 2021). By May 2020, 40 percent of the businesses owned by Blacks were
closed due to the pandemic. Though relief programs from the government have helped to some
extent, many businesses still require support and could suffer permanent shutdown. Given this,
Coca Cola decided to increase spending with the minority businesses across its supply chain in
the next five years by about $500 million (The Coca Cola Company 2021). With this pledge,
Black entrepreneurs will be accorded opportunities for growth. In addition, they will have
economic empowerment opportunities. Spending will cover existing partners across the supply
and marketing among others. Similar announcements were made in 2021 to the effect that
American-based law firms working for Coca Cola must pledge that about 30 percent of every
billed associate time would be from diverse attorneys (The Coca Cola Company 2021). On the
other hand, half of these amounts would come from Black attorneys.
Coca Cola has done a lot more in promoting women empowerment. There is a strong
belief that empowering women means empowering society. On the same note, research has
40% when it comes to men (The Coca Cola Company 2021). Furthermore, promoting women’s
equality could add about $12 trillion to the global economy by 2025. However, many American
women do not have access to the knowledge, skills and capital needed for success in business.
When these women are empowered with resources such as loans and training, it might as well be
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communities (McPherson, 2016). For Coca Cola, women hold the key to global success.
This is why the company set a goal in 2010 to ensure that 5 million women were
empowered by 2020. From this moment on, the company has collaborated with a number of
partners to offer crucial resources that would assist women entrepreneurs better their lives and
those of their families and communities (The Coca Cola Company 2021). The resources include
business skills training, financials services and a chain of networks that offer mentorship. Coca
Cola believes that attaining equality for women and ensuring they are empowered will have
and other parts of the world, the company and its partners are happy to have surpassed the 5by20
goal (The Coca Cola Company 2021). Women involved in 5by20 program were found in tasks
In summary, Coca Cola has embraced corporate social responsibility as a core pillar in
defining its success not just in the US but across the world. As part of its CSR initiatives, the
company has worked to promote gender and minority groups including addressing the plight of
women, LGBTQs and racial groups such as African American entrepreneurs. The company
operates in ways that help create a future that is not only sustainable, rather recognizes the
contribution of all stakeholders. In addition, Coca Cola strives to make a difference in the lives
of the people, communities and the world as a whole by ensuring that their businesses are
References
About the Coca Cola Company. (2021) The Coca Cola Company, Retrieved March 22, 2021
from https://investors.coca-colacompany.com/about#:~:text=The%20World's%20Largest
%20Nonalcoholic%20Beverage,than%20200%20countries%20and%20territories.&text=Our
%20portfolio%20of%20brands%20includes,and%20other%20sparkling%20soft%20drinks.
Agudo-Valiente, J., Salvador, M., and Ayerbe, C. (2017) Corporate Social Responsibility
Drivers and Barriers According to Managers’ Perception; Evidence from Spanish Firms.
Coca Cola CFO John Murphy on How Male Employees Can Support the Company’s Gender
Equality Agenda. (2021) The Coca Cola Company, Retrieved March 22, 2021 from
https://www.coca-colacompany.com/news/coca-cola-cfo-on-gender-equality-agenda
Coca Cola Commits $500 Million in Additional Spending With Black-Owned Enterprises. (2021)
https://www.coca-colacompany.com/news/coca-cola-accelerates-commitment-to-black-owned-
businesses
Holgersson, C., and Romani, L. (2020) Tokenism Revisited: When Organizational Culture
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Sun, W., and Price, J. (2017) Doing good and doing bad: The impact of corporate social
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