Coca Cola Corporate Social Responsibility

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This essay is going to discuss the benefits of Corporate Social Responsibility (CSR) for business with an example of different companies. CSR is the responsibility of business towards its society where it appears and runs in order to gain profit. Also, it is business approaches to contribute society and environment for sustainable development of an organization. This includes obligations of the firm for the company’s images and its effect on surrounding and social prosperity. It also provides a way to create a balance between economy, environment and social duty. When an organization settles, their main focus is to earn a maximum profit by satisfying their customers. They have many duties to be followed for the benefits of the society and should…show more content…
The study notes that Coca-Cola is listed in World’s 25 best multinational workplaces as it provides various education, training, and activities for empowering its workers. Its stakeholders were given an opportunity to inform perceived violation Code of Business Conduct, Workplace rights or any other violations in a secure and anonymous manner. Not only this, in 2013 out of 400 new beverage products, 100 were low calorie or without calorie. It has also set targets by 2020 to reduce carbon footprints by 25% and committed to balancing water usage. Since 2005, it has collaborated with other different 86 countries to support local water conservation initiatives (Coca-Cola Company, nd, online). Similarly, Primark mainly imports products from Europe and Asia. Primark (nd, online) has brought into many social programmes that support its corporate social responsibility and assure its trading meets the company’s ethics. The study also shows that they ensure that all workers are treated decently, work in good working conditions and paid a fair wage. It also runs the project Health Enables Return for those works in factories in Bangladesh and provide them training in maternal health, personal hygiene and make them aware of different diseases and suggest…show more content…
They would always like to cover the ethical works done by the company in order to raise the living standard of people and community. These types of companies always can have benefited from media publicity in advertising and making company name popular. An organization who perform CSR activities always have greater ability to attract talent and retain staff due to their ethical treatment, their good behavior towards the employees. They give equal importance to human resources and treat them as human not machines in the sense they care about their feeling and their importance for an organization. For many companies, it becomes difficult to arrange capital in order to run the business but for those firms who perform CSR activities, it becomes easier access to capital. Being reputable company and getting positive publicity through media for the good social works, they easily become popular and known to others
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