Corporate social responsibility (CSR) is an automatic plan of action that assists an organization with being socially responsible to itself, its partners, and general society. By rehearsing corporate social responsibility, additionally called corporate citizenship, organizations can be aware of the sort of effect they are having on all parts of society, including economic, social, and the environment at large.
a).World Without Waste
- Design of their bottles: The company has targeted to make their bottles 100% recyclable and reusable. The sizes of its bottles have also been changed to Affordable Small Sparkling Package (ASSP) turning into the world’s lightest weighing and best-performing bottles.
- Collection: The company intends on collecting all bottles used, including their reusable glass bottles to ensure that all their packages are again recycled and reused thereby not generating waste.
- Plastic circular economy: Coca Cola intends to create a sustainable economy and environment for all countries impacted by their business. Their focus lies on creating initiatives that work efficiently towards collection, segregation, and treatment of waste. Material Recovery Facilities, knowledge management, traceability, waste management workers – all of these lie in the checklist.
b).Water Stewardship
- Facility Water Vulnerability Assessments (FWVA) are carried out to assess the potential risks in quality and quantity at all bottling plants of the company.
- Facility Water Protection Plans (FWPP) are then drafted out each year after receiving the reports of FWVA. FCPPs are helpful to the company because it shows the quantities of water being used and the purpose, the efficiency of the same and the quantity of water that has been reused.
- All usage of water for the coming year is planned according to the above reports and then compared to the last year’s usage to understand any loopholes or arbitrary uses of water. Post usage, all wastewater is then treated properly and released in water bodies that support aquatic life.
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