Introduction of Coca Cola Company
Introduction of Coca Cola Company
Introduction of Coca Cola Company
The Coca-Cola India Private Limited is a subsidiary of The Coca-Cola Company which manufactures
and sells concentrates and beverage bases and powdered beverage mixes. With an aim to ‘Refresh
the world and make a difference’, the company works to preserve the synergistic
interconnectedness of its communities and activities.
Through its Corporate Social responsibility (CSR) initiatives, Coca-Cola India has been setting clear
and measurable targets against the United Nations’ Sustainable Development Goals and is
measuring its progress against the targets. It focuses its CSR initiatives on waste management and
recycling, sustainable supply chain, water conservation and optimization, and community welfare.
Coca-Cola India Private Limited recognizes the impact it has on communities in which it operates.
The company believes that it has a tremendous opportunity to change the lives of these
communities and it aims to contribute to the social, economic and environmental progress of India.
As part of its dedicated approach to create economic opportunity in the communities in which it
operates, the Company has been contributing its time, expertise and resources to help communities
and undertaking a series of initiatives that are locally relevant.
2. CSR Policy
At the beginning of each financial year, the CSR Committee of the Board of the Company prepares a
list of CSR Projects/Activities/Programs which the Company proposes to undertake during the
financial year, specifying the modalities of execution in the areas/sectors chosen with
implementation schedules for approval of the Board. In order to monitor these programs, the board
has devised a “transparent monitoring mechanism” for various which includes the conduct of impact
studies on a periodic basis, through independent third-party agencies as and when necessary. In
addition to this, the company also strives to obtain feedback from various beneficiaries of its CSR
projects to measure its impact.
The Board of Directors of the Company have the powers to revise/modify/amend the CSR Policy of
the company from time to time, as they may think fit, based on the recommendations made by the
CSR Committee or to conform to the amendments made to the CSR rules by the Ministry of
Corporate Affairs under the Companies Act.
CSR ACTIVITIES:
Packaging waste is a major challenge in the current times for the environment as well as the
economy. Coca-Cola India is actively involved in ensuring that it provides safe and hygienic packaging
to its consumers while maintaining the quality and affordability of its products. The company is also
engaged in dealing with the waste generated by its products across its lifecycle and reducing plastic
waste in the environment and oceans.
In lieu of this vision, the company launched ‘World Without Waste’, a global initiative, in 2018.
Through this initiative the company is radically rethinking the design of its bottles, its recycling and
sustainable means of distribution.
The company has set a target of making its packaging 100 per cent recyclable globally by 2025. In
addition to this, it aims to collect and help recycle the plastic waste that is 100 per cent equivalent to
its production of packaging material. In short, it aims to create a plastic circular economy.
The company is looking to convert plastic waste into wealth. The Coca-Cola System in India, along
with partners is working to develop sustainable, community-led programs for integrated plastic
waste management and promote efficient recycling in India. The company has launched various
projects and campaigns across the country to create awareness about segregation of waste at
source, streamline collection mechanisms and help build infrastructure to recycle post-consumer
packaging into value-added products. These initiatives will also create better livelihoods and provide
better social security for the marginalized waste workers in the existing largely informal economy.
– Develop, support and implement an economically sustainable model for plastic waste
management
– Design and implement Material Recovery Facilities (MRFs)/Swachhta Kendra for improved plastic
waste management
– Improve socio-economic conditions of waste workers and enhance their access to institutionalized
benefits
3.Project Prithvi: Project Prithvi was implemented by Hindustan Coca-Cola Beverages Private Limited
(HCCBPL) in partnership with United Nations Development Programme (UNDP), Indian Centre for
Plastics in the Environment (ICPE), Stree Mukti Sangathana and Mindtree. The project has been able
to collect over 42000 metric tons (MT) of waste across 28 cities. It has also resulted in the formation
of about 100 Self Help Groups (SHGs) to mainstream men and women waste workers. More than
4200 waste workers have been benefited through this project.
Integrated plastic waste management project is implemented in partnership with Prayas Juvenile
Aid Centre to work towards social and economic upliftment of more than 1,000 ragpickers in and
around Jahangirpuri area.
Women waste recycler upliftment programme: Women waste recycler upliftment programme is
implemented by Coca-Cola India Foundation in partnership with Mahila Sewa Trust (SEWA) to
improve the standard of living of 200 vulnerable women waste recyclers by providing sustainable
livelihood, enhanced income, nutritious food and safety gears
4. Fruit Circular Economy
Consumers throughout the world are increasingly becoming conscious of the social and
environmental impact of foods and beverages they consume. Over the past years, Coca-Cola India
has built significant inroads into the farming community with its focus on good agricultural practices
that provide forward linkages to the Indian farmers. Fruit Circular Economy (FCE) is a step towards
addressing the issues of low farm productivity, poor technology adoption and fruit wastage by
harnessing the higher productivity potential of fruits – both at the farm as well as processing level.
The company’s efforts are focused on improving the overall fruit availability, increasing farming
efficiency as well as building food processing capacity in the country, thereby helping farmers
increase their income.
5.Project Unnati
Under Project Unnati, the company and its partners train the farmers to become better
entrepreneurs by deploying techniques such as ultra-high-density plantation, drip irrigation, good
agricultural practices and high-yielding cultivars to increase their fruit productivity and then take a
decision whether to sell the produce to processors or in the market for the best return on their
investments. It also creates a positive impact across many other sustainability focus areas, including
women’s empowerment, community wellbeing and water stewardship.