Company sustainability Analysis

Essay by totsirollzUniversity, Bachelor'sA, October 2013

download word file, 5 pages 0.0

Downloaded 1 times

Coca Cola: India's Tragedy

Water is the essence of life. Without water, there would be no plants, no animals, and no people; there would be no trace of life. Everyone knows that water, air, and trees are common commodities that all living beings share; however, in the past few years that concept had changed with the introduction of "Water Privatization". The water industry is now the third largest industry in the world, which raises the question, who owns water? One of the biggest beverage and refreshment companies known all across the world is Coca Cola. According to its website, Coca Cola has always proclaimed to be socially responsible; however, based on numerous evidence and case studies, its corporate social responsibility was not fulfilled. One of the most unethical practices that Coca Cola has done was constructing a water-bottling plant in Kaladera, in the state of Rajasthan in India even though the Central Ground Water Authority declared the area's groundwater resources as overexploited.

In the documentary, For Love of Water (FLOW), directed by Irena Salina, many issues of water privatization were discussed and it raised many questions. In short, water privatization is the process of transferring government functions to the private companies and organizations. In many poor communities water privatization is considered to be a tremendous crisis because the private companies are literally stealing the communities resources, and then selling them with prices that cannot be afforded. The documentary emphasized the issue and focused on the corrupted politics of the water industry and the great violation of human rights.

Coca Cola is one of the most popular beverage companies in the industry with over 120 products including bottled water. The company operates 49 bottling plans located in India alone. For many years, Coca Cola claimed to be a company...