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Poverty Footprint Study on how the Coca Cola - Oxfam America

Poverty Footprint Study on how the Coca Cola - Oxfam America

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Muhtar Kent<br />

Chairman and Chief Executive Officer<br />

The <strong>Coca</strong>-<strong>Cola</strong> Company<br />

More than ever it is clear that <strong>the</strong> world’s most<br />

pressing social problems—from poverty to health to<br />

educati<strong>on</strong>—cannot be solved by government al<strong>on</strong>e.<br />

Government, civil society and business must stand<br />

toge<strong>the</strong>r and build innovative partnerships to create<br />

lasting soluti<strong>on</strong>s to <strong>the</strong>se difficult challenges. The<br />

<strong>Coca</strong>-<strong>Cola</strong> Company is proud to be at <strong>the</strong> forefr<strong>on</strong>t<br />

of <strong>the</strong>se kinds of partnerships, building models of<br />

public-private collaborati<strong>on</strong> that push <strong>the</strong> boundaries<br />

of development thinking.<br />

As stewards of <strong>the</strong> world’s most recognized and<br />

valuable brand, we recognize that <strong>the</strong> success and<br />

sustainability of our business is inextricably linked<br />

to <strong>the</strong> success and sustainability of <strong>the</strong> communities<br />

in which we operate. The strength of our brands<br />

is directly related to our social license to operate,<br />

which we must earn daily by keeping our promises<br />

to our customers, c<strong>on</strong>sumers, associates, investors,<br />

communities and partners.<br />

To this end, we have created a number of groundbreaking<br />

partnerships around issues of watershed<br />

management, access to clean water, recycling, small<br />

business development and disaster relief. These<br />

partnerships are developed through our systemwide<br />

initiatives to create positive change in <strong>the</strong> world in<br />

four key areas: Water; Packaging and Recycling;<br />

Climate; and Community.<br />

This report represents a new kind of partnership;<br />

<strong>on</strong>e built <strong>on</strong> intellectual cooperati<strong>on</strong>. By opening<br />

our doors to <strong>Oxfam</strong> <strong>America</strong>, <strong>on</strong>e of <strong>the</strong> world’s<br />

most respected n<strong>on</strong>governmental organizati<strong>on</strong>s<br />

(NGOs), The <strong>Coca</strong>-<strong>Cola</strong> Company and SABMiIIer<br />

have raised <strong>the</strong> bar for corporate transparency<br />

and c<strong>on</strong>tributed to building trust between civil<br />

society and <strong>the</strong> private sector.<br />

While this partnership may not have beneficiaries in<br />

<strong>the</strong> traditi<strong>on</strong>al sense, <strong>the</strong> insights gained from this<br />

report may ultimately benefit many people in our<br />

supply chain around <strong>the</strong> world. Through this work,<br />

<strong>Oxfam</strong>’s development experts have helped identify<br />

areas where our business could bring more benefit<br />

to more people. We take <strong>the</strong> c<strong>on</strong>tent of this report<br />

seriously, and we will c<strong>on</strong>sider its recommendati<strong>on</strong>s<br />

with our bottling partner, SABMiller, and our<br />

stakeholders, as we strive to create sustainable<br />

businesses in El Salvador and Zambia.<br />

For <strong>the</strong> reader, this report is a unique opportunity<br />

to see <strong>the</strong> inside of our business through <strong>the</strong> eyes<br />

of development practiti<strong>on</strong>ers. We hope you find it<br />

interesting and thought-provoking.<br />

Muhtar Kent<br />

Exploring <strong>the</strong> links between internati<strong>on</strong>al business and poverty reducti<strong>on</strong> 9

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