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Corporate social responsibility - Essay Example
Finance & Accounting
Pages 6 (1506 words)
Corporate social responsibility Option B Corporately Socially Responsible Reporting Entity: Amongst an entire list of multinational corporations, a number of companies are fulfilling their corporate social responsibility. Coca cola international is one of such companies…
al, 2005). Activities of Corporately Socially Responsible (CSR) Firms: Coca cola international claims itself as a socially responsible multinational firm. It is currently operating in dozens of countries while honoring its commitment of being CSR efficient. As a sure sign of success not only has it been able to capture and sustain a remarkable 49% of market share in beverage market around the world , rather the increasing revenues have consistently shown a better picture throughout (Cokecsr, 2011). Following are the activities claimed by coca cola as their Corporate Social Responsibilities. Energy Efficiency and Climate Concerns: The Company claims at reducing the carbon emissions throughout the value chain and making their processes more energy efficient (cokecsr, 2011). Emissions of harmful materials are carefully managed. Water Stewardship: Water consumption for running the operations is strictly need based; there is no excessive usage or wastage of drinking water. Water sustainability is ensured during operations at coke plants; what is consumed is returned to the environment (cokecsr, 2011). ...
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