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The power of sustainability to create shared value: Coca-Cola demonstrates that doing good is good for business

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  • Perez, Bea

Abstract

Many businesses today are still contemplating the decision to make investments in either community-based social good initiatives or in business operations. The reality is that one investment — in sustainability and in people and communities — can achieve return on investment for both. In fact, choosing to operate sustainably is becoming less of a choice and more of an imperative if brands are to remain relevant and companies are to grow. Coca-Cola is on a sustainability journey to grow its business while it makes a positive difference for people, communities and the environment. The journey is rigorous and requires strong partnerships, deep innovation and the commitment across the company to integrate sustainability into the business. It is how this 128-year-old company is connecting with consumers today and how it plans to remain relevant and trusted for the next 128 years.

Suggested Citation

  • Perez, Bea, 2015. "The power of sustainability to create shared value: Coca-Cola demonstrates that doing good is good for business," Journal of Brand Strategy, Henry Stewart Publications, vol. 3(4), pages 310-315, January.
  • Handle: RePEc:aza:jbs000:y:2015:v:3:i:4:p:310-315
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    More about this item

    Keywords

    sustainability; social value; business growth; innovation; partnerships; 5by20; water conservation; water replenishment;
    All these keywords.

    JEL classification:

    • M3 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising

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