Week 3/Ethics and Social Responsibility

ETHICS

Coca-Cola company is guided by the Establish Standard of Corporates Governance and Ethic, the company review their system constantly to ensure they achieve international practices in terms of transparency and accountability.

The code of ethics and compliance program at the Coca-Cola company is theirs code of business conduct, this code is administrated by their Ethic and Compliance Commitee. All of our associates and directors are required to read and understand the Code and follow its precepts in the workplace and larger community.

Coca-Cola has shown his Ethics by responding to the people of India an accepting the charge of destroying their land and their water resources. India government sue Coca-Cola for 45 millions of dollars and as a result Coca-Cola promise to the government of India to improve the quality of life of the people of Plachimada. They started installing a pipe line underground that bring the water far away from the city. Yet, Under the rules of entry for Coca-Cola into India, it was agreed that Coca-Cola would divest 49% of its equity stake in India within 5 years. Therefore, Coca-Cola Company has prove they Ethics by accepting their responsibility and not only by paying, but for the Social Responsibility with not only with the community of India, but with the rest of the world by forming programs to preserve water all over the world

SOCIAL RESPONSIBILITY 

Education:

Coca-Cola Company encourage educational programs for students of all ages from around the world. Since 1986 Coca-Cola has benefited from more than 38 millions in scholarship. Only in US more than 3 millions annually are directed to this programs and BMCC is one of the benefit of the Coca-Cola grants. They also help other countries all over the globe, Argentina, Chile, China, Egypt, Pakistan, and the Philippines

HIV/AIDS:

Coca-Cola works hand to hand with local health official to ensure the education on relevant health concerns like polio, tuberculosis, hepatitis and HIV/AIDS.

Coca-Cola company has expend $2.5 millions over the past year in HIV/AIDS programs in different countries; Egypt, Ethiopia, Kenya, South Africa and Tanzania. Coca-Cola has form partnership with different local agencies; African Network of children Orphaned, The Africa Broadcast Media and Dance4life.

Dance4life is a foundation establish in 2006, this organization works world wide and help the community through the use of dancing and listening with youth artist icons in they own languages to encourage them to learn more on the prevention of the HIV/AIDS. Dance4life works across the world, in countries where HIV/AIDS has big impact; Kenya, Sierra Leona, Nigeria, South Africa, Tanzania, Uganda, Zambia and Zimbabwe.

Disaster Relief:

Coca-Cola has done a big effort to help the people in need and specially those who had been in natural disaster. In 2004 a Tsunami hit Acech, Indonesia. Coca-Cola was there to help more than 7,000 villagers by providing them with clean water and promoting a long-term hygiene sanitation problems. In 2008 a Cyclone named Nargis pass through Myanmar, Thai, even though that Coca-Cola did not had business in that country, they work with the government to provide them with 240,000 bottles of clean water for the victims. In 2008 a Earthquake in Sichuan, China, Coca-Cola donate 2,8 millions of dollars in cash. This operations started with clean water and financial support for the victims. In 2009 Coca-Cola responded to the Earthquake in Haiti, Coca-Cola company donate 2,0 millions of dollars and more than 1 million of litters of clean water.

Water Programs:

Our community water programs are designed to support healthy watersheds and sustainable programs to balance the water used throughout our production process. We do this by working on a wide range of locally relevant initiatives, such as watershed protection; expanding community drinking water and sanitation access; agricultural water use efficiency; and education and awareness programs.