Professional Documents
Culture Documents
Coca-Cola
Ritesh Dhundhuani
063/2015
Flow
About Coca-Cola
Mission
Vision
Code of business conduct
Board of directors
Governance philosophy
CSR initiatives
About Coca-Cola
Worlds largest beverage company
- Market Capitalisation: $185.8bn
- Net income: $7.4bn
Founded in 1886 by John Pemberton
- Origin: Atlanta, Georgia
Worlds third most valuable ranked by Interbrand 2015
Spread Over 200+ countries
- 500+ sparkling and still brands and more than 3,800 beverage choices
Contd...
Partners
- 250 bottling partners
- around 9000 plants
- 24mn. retail outlets
Daily servings of more than 1.9 bn.
More than 700K associates world wide
Mission
To Refresh the World...in body, mind, and spirit.
To Inspire Moments of Optimism...through our brands and our actions.
To Create Value and Make a Difference...everywhere we engage.
Vision
People: Being a great place to work where people are inspired to be the best they
can be.
Planet: Being a responsible global citizen that makes a difference.
Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and
satisfy peoples' desires and needs.
Partners: Nurturing a winning network of partners and building mutual loyalty.
Profit: Maximizing return to shareowners while being mindful of our overall
responsibilities.
Contd...
Conflicts of Interest
Act in the best interest of The Coca-Cola Company while performing your job for
the Company. Personal interests and relationships must not interfere, or appear to
interfere and must always follow applicable Company procurement guidelines.
Integrity in Dealing with Others
The Coca-Cola Companys external relationships are critical to our success. We
must deal fairly and lawfully with everyone we encounter. Either dealing with
Governments or Customers, Suppliers and Consumers or Competitors
Can be summarized as
Act with integrity.
Be honest.
Follow the law.
Comply with the Code.
Be accountable.
Board of Directors
Muhtar Kent
Chairman of the Board and Chief Executive Officer, The Coca Cola Company
Herbert A. Allen
President, Chief Executive Officer and Director, Allen & Company Incorporated
Alexis M. Herman
Chair and Chief Executive Officer, New Ventures LLC
Bobby Kotick
President, Chief Executive Officer and Director, Activision Blizzard, Inc.
Maria Elena Lagomasino
Chief Executive Officer and Managing Partner, WE Family Offices
Sam Nunn
Co-Chairman and Chief Executive Officer, Nuclear Threat Initiative (NTI)
David B. Weinberg
Chairman of the Board and Chief Executive Officer, Judd Enterprises, Inc
Ronald W. Allen
Former Chairman of the Board, President and Chief Executive Officer, Aarons Inc. and Delta Airlines, Inc.
Marc Bolland
Head of European Portfolio Operations, The Blackstone Group L.P.
Ana Botn
Executive Chairman, Banco Santander, S.A.
Howard G. Buffett
President, Buffett Farms; Chairman and Chief Executive Officer, Howard G. Buffett Foundation
Richard M. Daley
Executive Chairman, Tur Partners LLC; Of Counsel, Katten Muchin Rosenman LLP
Barry Diller
Chairman of the Board and Senior Executive, IAC/InterActiveCorp and Expedia, Inc.
Helene D. Gayle
Chief Executive Officer, McKinsey Social Initiative
Organizational Structure
Contd..
SeparateInternationalDivisionStructure.
Itsinternationalstaffsoperateseparatelyandinisolationfromheadoffice.
Ithasvariousdivisionsinallcontinentsaroundtheworldwithpresidentsthatcontrol
eachofthe5continentaldivision.
Each Continental division has vice presidents that control subdivisions based on
regionsorcountries.
Domesticoperationsareverysimilartoitsinternationaloperations.
Companyhastightcontroloveritsoperationsfromheadoffice
Shareholder pattern
Contd..
Contd..
Governance Philosophy
The Coca-Cola Company is committed to good corporate governance, which
promotes the long-term interests of shareowners, strengthens Board and
management accountability and helps build public trust in the Company.
The Board of Directors has established Corporate Governance Guidelines
which provide a framework for the effective governance of the Company
The company aims to lead by example and to learn from experience.
Set high standards for people at all levels and strive to consistently meet
them.
Committed to ethical behavior, accountability and transparency.
Board of Directors
Board of Directors is elected by our shareowners to oversee their interests in the
long-term health and the overall success of the Companys business and its
financial strength. It serves as the ultimate decision-making body of the Company,
except for those matters reserved to or shared with the shareowners.
Corporate Responsibility
Corporate responsibility is managed through the Public Policy and Corporate
Reputation Council, a cross-functional group of senior managers from the
Company and bottling partners. The Council identifies risks and opportunities
faced by our business and communities and recommends strategies to address
these challenges.
Ethics Line
Associates, bottling partners, suppliers, customers and consumers can ask
questions about our Code and other ethics and compliance issues, or report
potential violations, through Ethics Line, a global Web and telephone information
and reporting service. Telephone calls are toll-free, and Ethics Line is available 24
hours a day, seven days a week, with translators available.
Public Policy Engagement
We participate in public policy dialogues around the world, particularly in the
United States. Our aim is to use our resources responsibly to advance public
policy that supports our industry and business priorities, our more than 700,000
system associates, our shareowners and the communities we serve.
CSR Initiatives
Contribution to the Swachh Bharat Kosh set-up by the Central Government for
promotion of sanitation and making available safe drinking water.
Contribution to the Clean Ganga Fund setup by the Central Government for
rejuvenation of river Ganga.
Contribution to Prime Ministers National Relief Fund or any other fund set up
by the Central Government for socio-economic development and relief and
welfare of the Scheduled Castes, the Schedule Tribes, other backward classes,
minorities and women.
Venenzula Crisis
In May 2016Coca-Cola has stopped making its trademark fizzy pop in Venezuela
because of a shortage of sugar in the economically troubled South American
country.
Coke, as well as other sugar-sweetened drinks, has halted completely, citing a
combination of government price controls, rising costs of production, restrictive
labor laws and a lack of fertilizer that have pushed many small-scale farmers to
switch to other crops.
Sugar suppliers in Venezuela have informed us that they will temporarily cease
operations due to a lack of raw materials, Coca-Cola spokeswoman Kerry
Tressler.
Thank You !!