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    Ke n ie articles

    The power of sustainability

    create shared value: Coca-Colademonstrates that doing good is

    good for businessReceived (in revised farm): 9th October, 2014

    BEA PEREis Chief Sstainabilit! Officer (CSO) of "he Coca#Cala Com$an!% &ea drives a 'lobal sstainabilit! strate'! that

    si $ositive erence or $eo$le% commnities and the environment% rior

    to becomin' Coca#Colals first CSO, &ea served as Chief ar*etin' Officer for thesom*an!%:s +or-ctier%is.an

    /ivision% She hel$e.d.brin' brands to life0"olr1onsrrer134e5an te'ic $artnershi$s 6ith 7sl-SC-R,%8-,

    9e&ron arnes,-merican 7dol, rhe$s cars, R!an Seacrest, and others &ea is a member of the -merican

    -dvertisin' all of -chievement% She earned an indstr! Career -chiever a6ard from the -merican -dvertisin'

    ederations osaic Center and is a member of the Sports &sinessJournal's ;ail of ame% &ea serves on the

    boards of Childrens ;ealthcare of -tlanta ondation, the 9-O, Save the Children,"he &o! Scots of

    -merica, and rimerica%

    -bstract

    Many businesses toda! are still contem$latin' the decision to make investments in either

    communitybased socialgood initiatives or in business o$erations% The reality is that one investment ires stron' $artnershi$s, dee$ innovation and the commitment across the company

    to inte'ratesustainability into the business. it is how this #$%!year!old company is connecting with

    consmers toda! and ho6 itplans to remain relevant and trstedfor the ne?t #$% years.

    Ke!6ords

    sstainabait!,social value, business growth, innovation, $artnershi$s, Sb!2O, 6ater conservation,

    water re$lenishment

    &ea (ere@,

    bea$ere@'caca#colacom

    7+"RO/AC"7O+

    Bithin the bsiness conmmit!, conven#

    tional 6isdom held that investments in

    commnit!#based social 'ood initiatives

    are t!$icall! se$arate and nrelated to

    investments in the bsiness%

    +ot an!m ore%

    Bhen considerin' 6hether to invest

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    in sstainabilit!

    $ro=ects or 'ro6th

    initia#

    tives, it is no6

    $ossible to sa! both%

    "his

    is becase both are beneficial to bsiness% 7n

    fact, sstainabilit! is no lon'er a choice: it is

    a bsiness im$erative and critical to

    com$an! 'ro6th, brand relevalice di id

    lon'#term vale,

    -t Coca#Cola, sstainabilit! commit#

    ments are ma*in' a difference for $eo#

    $le, commnities and the bsiness% -s of

    /ecember 201, the com$an! hel$ed $ro#

    vide safe 6ater access to almost 2 million

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    10 O ; +R3 S" B-R" A&7C -"7O +S 04D #EDSF GO AR+- O &R- +/ S"R -" H3 IO % +O%4%1 0# 7S B7+ " R 2014 #7D