Professional Documents
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In India, the Coca-Cola system comprises of a wholly owned subsidiary of The Coca-Cola
Company namely Coca-Cola India Pvt Ltd which manufactures and sells concentrate and
beverage bases and powdered beverage mixes, a Company-owned bottling entity, namely,
Hindustan Coca-Cola Beverages Pvt Ltd; thirteen licensed bottling partners of The Coca-Cola
Company, who are authorized to prepare, package, sell and distribute beverages under certain
specified trademarks of The Coca-Cola Company; and an extensive distribution system
comprising of our customers, distributors and retailers. Coca-Cola India Private Limited sells
concentrate and beverage bases to authorized bottlers who are authorized to use these to produce
our portfolio of beverages. These authorized bottlers independently develop local markets and
distribute beverages to grocers, small retailers, supermarkets, restaurants and numerous other
businesses. In turn, these customers make our beverages available to consumers across India.
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Our Leadership
Coca-
President
Coca-Cola India and South West Asia
Venkatesh Kini has over 25 years of Sales, Marketing & General Management experience in
India, USA & in Global roles, of which 15 have been with The Cola-Cola Company. He is
currently the President of Coca-Cola India & South West Asia Business Unit, with responsibility
for all Business Unit Operations and functional leadership. He was the Deputy President of the
Business Unit till 2013.
Prior to his role as the Deputy Business President, he was the Vice President of Global Marketing
for Juice, where he led the global design & rollout of the Minute Maid master brand and helped
create 3 Billion Dollar brands. From 2006 to 2009 he was Vice President Marketing for The
Coca-Cola Company in India and South West Asia, a member of the team that successfully
turned around Coke's India business.
He has also managed marketing for Coke's global bottled water business and the Sparkling
flavours business for Coca-Cola North America. Before joining Coca-Cola, Venkatesh worked at
Asian Paints and ITC, two of India's most respected companies.
Venkatesh obtained a BA in Economics from Delhi University and an MBA from the Indian
Institute of Management in Ahmedabad, India.
film had done business worth Rs. 14 crores and Rahul Dravid and Sourav Ganguly hadn't got
their India caps. And of course, there was no Coca-Cola, nor was there a McDonald's value meal
to go with it!
The beverage business has also changed beyond recognition. Two decades ago, the per capita
consumption of soft drinks was 3, the pre-dominant package was the returnable glass bottle,
there were limited choices of beverages, packaged drinking water was not a part of our lives, we
hadn't seen push carts and bicycle carts with molded plastic ice boxes as point of sale for soft
drinks and we didn't know that PET packaging could change our lives. We have moved on since
then and for the better.
Today, packaged beverages are a convenient and safe source of hydration, refreshment and
nutrition. Our lives are much easier with the pick and go options of packaged beverages. They
are a part of our everyday lives and they count as good value-for-money options. The per capita
consumption of soft drinks is now estimated at 20. However, given the current demographics,
economics and cultural patterns, my own estimate is that it will take only 5-6 years for India to
get to a per capita of 40. What is more, in the process, the packaged beverage industry has
catalyzed economic growth, technological advancement and provided direct & indirect
employment opportunities to hundreds of thousands of people across the country.
Coca-Cola India will continue to play its part in the packaged beverage revolution in the country.
Our priorities are:
Further building love for our brands our brands are already some of the most preferred
and largest selling beverages in the country. We will use the "screen to shelf" model to
bring this to life
Provide a wider choice of high quality, great tasting beverages including diet and light
drinks
We have already announced an investment plan of USD 5 BN between 2012 and 2020 to achieve
our business goals. Our bottling partners are aligned to the company's business priorities and we
are building on a solid foundation for our business.
It has been a privilege playing a small part in the growth and development of the country and our
communities and I thank each one of you who have supported us in our journey over the last
twenty years. We are counting on your continued support and feedback to help make the CocaCola India business one of the top five businesses of the Company globally.
Thank you for being with us and thank you for opening happiness! We look forward to spreading
more cheer and happiness in 2015.
Venkatesh Kini,
President Coca-Cola India & South West Asia
Corporate Governance
Coca-Cola India Private Limited is a Limited company incorporated under the Companies Act,
1956, in India. Considering various topics that are of interest to the company, CCIPL has
constituted committees drawing external experts to guide the organization.
Suggest viable health & wellness solutions for beverage applications; and
Support consumer education programs that promote a healthy and active lifestyle.
The members of the HWAC and the areas of their expertise are as follows:
The HWAC meets once every quarter; the members of the HWAC understand our business, give
inputs on current issues while also giving us an external perspective to such issues.
Our Sustainability Framework which we call Me, We, World is our shared vision for how
we can work together to create social value and make a positive difference for the consumers and
communities we serve. Me - Together we can promote well-being for the people who enjoy our
brands every day. We - Together we can create a better future for local communities where our
operations help raise the standard of living. World - Together we can create a better future for
the finite natural resources that we all share
Sustainability Reports
Coca-Cola India Private Limited (hereinafter referred to as CCIPL) is proud to present its annual
Sustainability Report to all its stakeholders. As a responsible corporate citizen, we have been
making voluntary disclosures on our triple bottom-line performance since 2011. download
reports
Our commitment to well-being begins with our focus on product and ingredient safety and
quality. We want to ensure that consumers have the utmost confidence that our products are made
to the highest standards for ensuring consistent product safety and quality. As a global
corporation with operations in markets large and small, we make it a priority to help improve the
well-being of our consumers, our employees and the communities we proudly serve. We
recognize the rising incidence of obesity and sedentary lifestyles as serious and complex global
health challenges. Through partnerships and collaborations across the Golden Triangle of
governments, industry and civil society, we are working to promote well-being and to help
address these issues in a number of ways. CCIPL has embraced innovation to grow and evolve
with our consumers needs and preferences. One way we do this is by offering a broad portfolio
of beverage choices that provide great taste and refreshmentwith or without calories. We are
also working to help inspire, empower and engage people worldwide regarding the importance of
an active, healthy lifestyle that includes a balanced diet and regular physical activity. Throughout
our system, we are mobilizing our collective assets and engaging in community outreach to raise
awareness and spur action.
Provide transparent nutrition information, featuring calories on the front of all of our
packages.
Help get people moving by supporting physical activity programs in every country where
we do business.
Global Goal: Offer low-or no- calorie beverage options in every market
We recognize the uniqueness of our consumers lifestyles and dietary choices and offer a variety
of products to meet their refreshment, enjoyment, nutrition and hydration needs. The Coca-Cola
system is the global leader in Non-Alcoholic Ready to Drink (NARTD) beverage market,
offering options for every life-style and occasion. We offer a broad portfolio of beverages and
package sizes to meet consumers needs for refreshment, enjoyment, nutrition and hydration.
Our portfolio in India includes Coca-Cola, Diet Coke, Sprite, Fanta, Minute Maid (these are
some of our global billion dollar brands available in India), Thums Up, Maaza, Burn (energy
drink), Kinley Water, Kinley Soda, Schweppes, Georgia Gold (coffee) Vitingo (powder) and
Fanta Fun Taste (powder). Sprite and Thums Up, respectively, are the largest and second largest
selling beverage brands in the country. Glocojal, a Glucose-based water was launched in 2013.
In the Indian markets, our low/no calorie offerings are Kinley water, Kinley Soda, Schweppes
Soda and Diet Coke. Yet another no-calorie beverage option Coke Zero is planned to be
introduced in 2014. We will continue to further explore potential for other low/no calorie
options.
Global Goal: Provide transparent nutrition information, featuring calories on the front of
all of our packages.
We are committed to providing transparent nutrition information about all our products, so that
consumers may make choices that fit their lifestyles. As a leader in the area of front-of-pack
nutrition labeling, Coca-Cola was the first beverage company to place calorie information on the
front of nearly all of our packaging worldwide. We also make available complete nutritional
information of our products on the packs. Information on nutritional content of our products is
also available in the companys website. All products manufactured & packaged contain FOP
Calorie declarations with exception of those bottled in Returnable Glass Bottles.
Global Goal: Help get people moving by supporting physical activity programs in every
country where we do business.
At Coca-Cola, we are committed to inspire consumers to adopt an active lifestyle and make
physical activity and exercise a part of everyday life. CCIPL has actively forged partnerships
with different partners to drive programs which promote active healthy living.
Global Goal: Market responsibly, including no advertising to children under the age of 12
anywhere in the world.
We at Coca-Cola believe that good marketing is responsible marketing. We have always taken
seriously our commitment to market our products responsibly. When it comes to choosing what
products children consume, we believe that parents and caregivers should be the decisionmakers. As a result, we do not buy advertising directly targeted at audiences that are more than
35% children under 12.
suppliers to comply with safety, environmental and quality standards. These may include (as
applicable):
FSSAI Standard
Global Food Safety Initiative (GFSI) & FSSC 22000 (Food safety standard) for all
suppliers of primary ingredients and packaging material
OHSAS 18001
(Occupational Health & Safety) Stringent checks are undertaken to ensure the quality and safety
of all material procured. For some of our key ingredients like sugar, batch-wise tests are
undertaken None of our products contain saturated fats or trans-fats; the Sodium content in our
packaged drinking water brands Kinley and Bonaqua- is less than 0.5 milligrams per 100 ml.
In addition to offering great taste, some of our products contain added vitamins and minerals.
Such products are listed below:
Vitingo concentrate (solid) for waterbased flavored drink with Iron, Vitamin C, Vitamin
A, Vitamin B2, Vitamin B12, Folic acid and Zinc. which has undergone Product Efficacy
Trial to demonstrate that consumption of Vitingo helps reduce iron deficiency anemia in
children
Kinley Gluco Jal (in Orange & Lemon Flavours) with Vitamin B3, Vitamin B6, Vitamin
B12, Folic Acid, Zinc Minute Maid Juicy (Mixed Fruit) with Vitamin A, Vitamin B3,
Vitamin B6, Vitamin B12, Folic Acid, Zinc
CCIPL also forayed into the space of social beverages with the launch of Vitingo in 2011.
Vitingo is a low cost, clinically proven, tasty micro-nutrient fortified beverage. Clinical trials
have validated the efficacy of Vitingo in reducing Iron Deficiency, Iron Deficiency Anaemia
and Vitamin-C deficiency. Priced at INR 3/- per sachet of 18 grams, Vitingo aims to address the
nutritional challenges of the people (primarily women and children) at the bottom of the
pyramid. As on end-2013, Vitingo was being distributed in 51 districts across the states of Uttar
Pradesh, Rajasthan, Bihar and Maharashtra
General V P MALIK
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Mr.Vishwanath Anand
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Mr.Ravi Narayan
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Sustainability
Me
We
World
ACES Board
CSR Policy
7. Training to promote rural sports, nationally recognized sports, Paralympic sports and
Olympic sports;
8. Contribution to Prime Ministers National Relief Fund or any other fund set up by the
Central Government for socio-economic development and relief and welfare of the
Scheduled Castes, the Schedule Tribes, other backward classes, minorities and women;
9. Contributions or funds provided to technology incubators located within academic
institutions which are approved by the Central Government;
10. Rural development projects.
11. Slum area development.
Explanation For the purposes of this item, the term slum area shall mean any area declared
as such by the Central Government or any State Government or any other competent authority
under any law for the time being in force.
CSR spend: Beginning with the financial year 2014-15 the Company has under taken to spend
on its CSR activities every year, 2% of its average Net Profits during every block of three years.
Net Profit shall be calculated in the manner prescribed by the Act and the CSR Rules. Any
Income or Surplus that may arise from its CSR activities would also be included in the CSR
corpus and will not form part of business profits of the Company. The CSR activities of the
Company shall not include any benefits which are exclusively for the employees of the Company
or their family members.
Monitoring of CSR Projects: The CSR Committee of the Board has devised a transparent
monitoring mechanism for various CSR Projects / Programs / Activities undertaken by the
Company including conduct of impact studies of CSR Projects / Programs on a periodic basis,
through independent third party agencies as and when necessary. Simultaneously, it also obtains
feedback from various beneficiaries of CSR Projects /Activities / Programmes undertaken by the
Company to measure their benefits.
CSR Activities/ Projects/Programs: At the beginning of each financial year, the CSR
Committee of the Board will prepare a list of CSR Projects/ Activities/Programmes which the
Company proposes to undertake during the financial year, specifying the modalities of execution
in the areas/sectors chosen with implementation schedules for approval of the Board. The current
CSR Activities /Projects/Programs of the Company with their execution modalities and
implementation schedules is appended below as Annexure A to this Policy. The Company may
take up other activities/Projects/Programs as it may consider appropriate.
Amendments to the CSR Policy: The Board of Directors of the Company shall have the powers
to revise/modify/amend this Policy from time to time, as the Board may think fit, based on the
recommendations to be made by the CSR Committee to confirm to the revision/amendment, if
any, to be made to the CSR Rules by the MCA, under Section 135 of the Companies Act, 2013
Coca-Cola
Diet Coke
Coke Zero
Thums Up
Sprite
Fanta
Limca
Maaza
Pulpy Orange
Minute Maid Mango
Kinley Water
Kinley Soda
Schweppes
Georgia Gold
suppliers to comply with safety, environmental and quality standards. These may include (as
applicable):
FSSAI Standard
Global Food Safety Initiative (GFSI) & FSSC 22000 (Food safety standard) for all
suppliers of primary ingredients and packaging material
OHSAS 18001
(Occupational Health & Safety) Stringent checks are undertaken to ensure the quality and safety
of all material procured. For some of our key ingredients like sugar, batch-wise tests are
undertaken None of our products contain saturated fats or trans-fats; the Sodium content in our
packaged drinking water brands Kinley and Bonaqua- is less than 0.5 milligrams per 100 ml.
In addition to offering great taste, some of our products contain added vitamins and minerals.
Such products are listed below:
Vitingo concentrate (solid) for waterbased flavored drink with Iron, Vitamin C, Vitamin
A, Vitamin B2, Vitamin B12, Folic acid and Zinc. which has undergone Product Efficacy
Trial to demonstrate that consumption of Vitingo helps reduce iron deficiency anemia in
children
Kinley Gluco Jal (in Orange & Lemon Flavours) with Vitamin B3, Vitamin B6, Vitamin
B12, Folic Acid, Zinc Minute Maid Juicy (Mixed Fruit) with Vitamin A, Vitamin B3,
Vitamin B6, Vitamin B12, Folic Acid, Zinc
CCIPL also forayed into the space of social beverages with the launch of Vitingo in 2011.
Vitingo is a low cost, clinically proven, tasty micro-nutrient fortified beverage. Clinical trials
have validated the efficacy of Vitingo in reducing Iron Deficiency, Iron Deficiency Anaemia
and Vitamin-C deficiency. Priced at INR 3/- per sachet of 18 grams, Vitingo aims to address the
nutritional challenges of the people (primarily women and children) at the bottom of the
pyramid. As on end-2013, Vitingo was being distributed in 51 districts across the states of Uttar
Pradesh, Rajasthan, Bihar and Maharashtra
Coca-Cola India is the countrys largest beverage company, refreshing consumers with a
wide portfolio of sparkling and still brands. Our Company and bottling partners are
dedicated to our 2020 Vision, a roadmap for doubling system revenues this decade, focused
on five key areasprofit, people, portfolio, partners and planet. Download
infographic(PDF)
In India, the Coca-Cola system comprises of a wholly owned subsidiary of The Coca-Cola
Company namely Coca-Cola India Pvt Ltd which manufactures and sells concentrate and
beverage bases and powdered beverage mixes, a Company-owned bottling entity, namely,
Hindustan Coca-Cola Beverages Pvt Ltd; thirteen licensed bottling partners of The Coca-Cola
Company, who are authorized to prepare, package, sell and distribute beverages under certain
specified trademarks of The Coca-Cola Company; and an extensive distribution system
comprising of our customers, distributors and retailers. Coca-Cola India Private Limited sells
concentrate and beverage bases to authorized bottlers who are authorized to use these to produce
our portfolio of beverages. These authorized bottlers independently develop local markets and
distribute beverages to grocers, small retailers, supermarkets, restaurants and numerous other
businesses. In turn, these customers make our beverages available to consumers across India.
People Gallery
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Venkatesh Kini
President, Coca-Cola India and South West Asia
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Atul Singh
Group President, Asia Pacific, The Coca-Cola Company
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Devdas Baliga
VP - Legal, Coca-Cola India
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Sumanta Datta
VP - Company Bottling Operations, Coca-Cola India
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Bhupendra Suri
VP - Franchise Bottling Operations, Coca-Cola India
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Sanjay Rawal
VP - IT Client Engagement, Coca-Cola India
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Sanjeev Kumar
VP - Finance, Coca-Cola India
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Deepak Jolly
VP - PAC, Coca-Cola India
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Debabrata Mukherjee
VP - Marketing & Commercial, Coca-Cola India
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People Gallery
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Sameer Wadhawan
VP - HR, Coca-Cola India
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Asim Parekh
VP - Technical, Coca-Cola India
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2006 - 2015 THE COCA-COLA COMPANY
Sustainability
Human and Workplace Rights
Approach
At The Coca-Cola Company, our respect for human and workplace rights is engrained in our
culture and guides our interactions with suppliers, customers, consumers, employees and
the communities we serve. Our commitment to respecting human rights guides the way we
conduct business and governs all aspects of our work, from the suppliers we work with, to how
we engage each other in the workplace, to our interaction with customers, consumers and
the communities we serve.
In 2011, TCCC formally endorsed the UN Guiding Principles on Business and Human Rights,
adopted by UN Human Rights Council in 2011. We have implemented all three of the
components that must be put in place under the Principles for companies implementing respect
for human rights in a corporate context:
A due diligence process to identify, prevent, mitigate and be accountable for human rights
abuses; and
Processes to enable the remediation of any adverse human rights impacts the company
causes or to which it contributes.
We also work with our bottling partners and suppliers to help them implement the Principles.
Global Goal: By 2015, achieve and maintain going forward a 98 percent compliance level for
Company-owned and Company-managed facilities upholding the standards set in our Workplace
Rights Policy.
India Progress: On-track (end 2013 98% compliance)
Global Goal: By 2015, achieve 90 percent compliance with our Supplier Guiding Principles
among independent franchise bottling partners and suppliers. By 2020, achieve 95
percent compliance with our Supplier Guiding Principles among our suppliers.
India Progress: On-going (end 2013 82% compliance)
The foundation of our approach lies in four key documents: our Human Rights Statement,
Workplace Rights Policy4, Supplier Guiding Principles, and Global Mutual Respect Policy. With
our system operating in more than 200 markets, a key challenge is to proactively identify and
address human rights issues in our global value chain. To this end, our dedicated Global
Workplace Rights group is specifically charged with identifying human-rights risks
throughout our value chain and developing easy to-use due-diligence tools to help the business
identify human rights risks and avoid unintended missteps, and to mitigate human rights harm
when it occurs.
Sustainability
Women in Leadership program: Globally, The Coca-Cola Company has been striving to
increase the number of women in our talent pool through recruitment and internal development
strategies.EAG Women in Leadership program was kick started in India in 2010. The program
aims at grooming women talent in the middle management level to take up higher
responsibilities.
Catalyst: Catalyst is a training program for selected managerial staff, relatively high in the
organizational hierarchy, grooming them for taking up senior management positions. Within the
organization, we recognize the need for performance and development reviews. Our approach to
these reviews is three pronged.
On the job - Learning gained through current work assignments and special
projects