Coca-Cola Company and Social Responsibility - Assignment Example

In its quest to be a socially responsible company, Coca-Cola has put in place a sustainability strategy, which encompasses waste reduction, waste-water management strategies energy conservation schemes, and community development initiatives. The company works in close association with the communities in which it operates to ensure the economic and social well-being of individuals in those communities.

For example, Coca-Cola FEMSA works in conjunction with communities and non-governmental organization, SOS Mata Atlântica in Brazil in a bid to conserve forest water through the Brazilian Forest Water Program. In Mexico, the company is involved in a major reforestation program, where the company plans to plant millions of trees. Through its active engagement in tree planting initiatives, Coca-Cola not only ensures forest conservation but also reduces greenhouse gases emission into the atmosphere because forests are good absorbers of carbon, which is a major component of greenhouse gases. Coca-Cola also engages in recycling initiatives and water management programs as well as energy conservation, which remains crucial to its surroundings and business environment. The company ensures high and acceptable standards for sustainable packaging aimed at achieving zero waste and maximum package recycling. Coca-Cola has a strong relationship with the communities in which it operates.