Coca-Cola

Coca-Cola is the Real Thing!

Thursday, September 23, 2010

Corporate Responsability

Coca-Cola has always had problems with the government of India, in 1977 when the new government of India establish, As a result the FERA (Foreign Exchange Regulation Act) order to the company of Coca-Cola to turn over their secret formula. The company Coca-cola close their plants, they returned in 1993 after the India Liberalization.

India is a country where 70% of their income is on Agriculture, thousands of farmers had being affected by Coca-Cola. Coca-Cola is guilty of destroying waters storage, pollution of groundwater and soil exposure to toxic waste and pesticides.

In Plachimada, Coca-Cola is responsible for creating severe water shortages for the communities in the polluting the groundwater and soil destroying farms by draining them out completely. The plant here used about 900,000 liters of water last year, about a third of it for the soft drinks, the rest to clean bottles and machinery. It is drawn from wells at the plant but also from aquifers Coca-Cola shares with neighboring farmers. The water is virtually free to all users. These farmers who have been protesting say their problems began after the Coca-Cola factory arrived in 1999. The water table has declined between 25-40 feet in the last four years, and Coca-Cola has been discharging its waste water into the surrounding fields, and now into a canal that feeds into the river Ganges, a holy river for millions of Indian.

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