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Coca-Cola Co

The Coca-Cola Company is an American multinational beverage corporation headquartered in Atlanta, Georgia.

Summary

The Coca-Cola Company has interests in the manufacturing, retailing, and marketing of nonalcoholic beverage concentrates and syrups.

History

New markets opened up for Coca-Cola in the early 1990s; the company began selling products in East Germany in 1990 and in India in 1993. In 1992 the company introduced its first bottle made partially from recycled plastic—a major innovation in the industry at the time. Coca-Cola created many new beverages during the 1990s, including the Asia-marketed Qoo children’s fruit drink, Powerade sports drink, and Dasani bottled water. Coca-Cola also acquired Barq’s root beer in the United States; Inca Kola in Peru; Maaza, Thums Up, and Limca in India; and Cadbury Schweppes beverages, which were sold in more than 120 countries across the globe.

In the early 2000s Coca-Cola faced allegations of illegal soil and water pollution, as well as allegations of severe human rights violations. In 2001 the United Steelworkers of America and the International Labor Rights Fund (ILRF) filed a lawsuit against Coca-Cola and Bebidas y Alimentos and Panamerican Beverages, Inc. (also known as Panamco LLC; the primary bottlers of Coca-Cola’s beverages in Latin America), claiming that the defendants had openly engaged so-called “death squads” to intimidate, torture, kidnap, and even murder union officials in Latin America. The controversy gained worldwide attention and led several American universities to ban the sale of Coca-Cola products on their campuses. The lawsuit was eventually dismissed.

In 2005 the company introduced Coca-Cola Zero, a zero-calorie soft drink with the taste of regular Coca-Cola. In 2007 the company acquired Energy Brands, Inc., along with its variously enhanced waters. That same year Coca-Cola announced that it would join the Business Leaders Initiative on Human Rights (BLIHR), a group of companies working together to develop and implement corporate responses to human rights issues that affect the business world.

Vision

Our vision serves as the framework for our Roadmap and guides every aspect of our business by describing what we need to accomplish in order to continue achieving sustainable, quality growth.

People: Be a great place to work where people are inspired to be the best they can be.
Portfolio: Bring to the world a portfolio of quality beverage brands that anticipate and satisfy people’s desires and needs.
Partners: Nurture a winning network of customers and suppliers, together we create mutual, enduring value.
Planet: Be a responsible citizen that makes a difference by helping build and support sustainable communities.
Profit: Maximize long-term return to shareowners while being mindful of our overall responsibilities.
Productivity: Be a highly effective, lean and fast-moving organization.

Mission

Our Roadmap starts with our mission, which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions.

To refresh the world…
To inspire moments of optimism and happiness…
To create value and make a difference.

References

https://www.britannica.com/topic/The-Coca-Cola-Company

https://www.coca-cola.com.sg/our-company/mission-vision-values

https://www.just-drinks.com/news/the-coca-cola-co-prepares-to-cull-more-brands-as-q3-lifts-year-so-far-results-data_id132091.aspx

https://www.statista.com/topics/1392/coca-cola-company/