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Csr: Coca Cola

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Submitted By knicks123
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Corporate Social Responsibility is an evolving concept becoming more and more prevalent within our society today. It is a tactic for companies to “give back” to the communities they operate in and it includes the companies’ economic, legal, ethical, and philanthropic responsibilities to society in addition to the their fiduciary responsibility to shareholders. When executed correctly it can help companies meet these responsibilities and fulfill certain ethical obligations to society at large. Coca Cola is a company that maintains that CSR is one of its major responsibilities as the world’s largest beverage system and a great way to make a positive difference in the communities it serves. Criticisms that Coca Cola’s efforts are only an attempt to resist regulation do little in detracting from the company’s fulfillment of its corporate social responsibility. Coca Cola still fulfills its corporate social responsibility considering the limitations its capitalistic origin and identity set.
Water stewardship is one of the sustainability efforts Coca Cola believes is important to fulfilling its corporate social responsibility. This stewardship includes increasing water efficiency by reducing the amount it uses per liter of product, even as production volume increases. The company has improved its water use ratio, its measure of efficiency, by 16 percent compared to 2004. It aspires to treat all wastewater from its manufacturing processes and return it to the environment. Coca Cola has achieved 93% alignment with its stringent standards, which translates into releasing 164 billion liters of treated wastewater. It would also like to return to nature and to communities an amount of water equal to what it uses in its finished beverages and production. In 2010 Coca Cola estimated that it replenished 23 percent of the water used.
Coca Cola understands that, “As demand for

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