CocaCola Challenges in the Business Environment By Konou
Coca-Cola: Challenges in the Business Environment By: Konou Selom
Coca-Cola in a Nutshell • 2, 800 products • 200 countries • America’s largest beverage manufacturer • Originated in 1886 • Expansion and diversification began after World War II • Mostly a clean image • Some lawsuits in various parts of the world.
Suppliers • Ingredients, packaging and machinery • Goods and services • Community development • Business enterprises owned by Minorities and Women • Conduct business in ethical manner • Supplier Guiding Principles • Code of Business Conduct for Suppliers
Supplier Guiding Principles 1. Freedom of association and collective bargaining 2. Prohibit child labor 3. Prohibit forced labor and abuse of labor 4. Eliminate discrimination 5. Work hours and wages 6. Provide a safe and healthy workplace 7. Protect the environment 8. Business integrity 9. Grievance procedure and remedy 10. Management systems for ensuring lawful compliance and respect for all human rights
Guidance Documents • Land Rights • HIV/AIDS • Pregnancy Testing • Migrant working • Employment practices • Child Labor
Human Rights Policy 1. Respect for Human Rights 2. Community and Stakeholder Engagement 3. Diversity and Inclusion 4. Freedom of Association and Collective Bargaining 5. Safe and Healthy Workplace 6. Workplace Security 7. Forced Labor and Human Trafficking 8. Child Labor 9. Work Hours, Wages and Benefits 10. Land Rights and Water Resources 11. Healthy Lifestyles 12. Guidance and Reporting for Employees
References 1. Britannica (2019) The Coca-Cola Company. Retrieved from https: //www. britannica. com/topic/The-Coca-Cola-Company 2. The Coca-Cola Company (2019) About Our Suppliers. Retrieved from https: //www. coca-colacompany. com/our-company/suppliers 3. The Coca-Cola Company (2018) Supplier Guiding Principles. Retrieved from https: //www. coca-colacompany. com/our-company/supplier-guiding-principles 4. The Coca-Cola Company (2019) Human Rights Policy. Retrieved from https: //www. coca-colacompany. com/our-company/human-rights-policy 5. The Coca-Cola Company (2018) 2018 Business & Sustainability Report. Retrieved from https: //www. cocacolacompany. com/content/dam/journey/us/en/private/fileassets/pdf/2019/Coca -Cola-Business-and-Sustainability-Report. pdf
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