Professional Documents
Culture Documents
Throughout each step of the way, from the way they create beverages that refresh and cater
to the needs of its customers, to the way they provide economic growth for those who is
helping deliver and sell their products to more Filipinos, to the way they take care and
grow the communities they serve, Coca-Cola strives to do good, go beyond what is
expected them, and take all Filipinos who also strive for more further with them in their
journey.
CORPORATE SOCIAL
RESPONSIBILITY
INITIATIVE/PROGRAM
Community and people-centered in all that they do, Coca-Cola also created a
program for the street-smart women who drive 90% of the Company’s local
business – the sari-sari store owners. Through the Sari-Sari Store Training and
Access to Resources (STAR) program, these women are provided skills training,
peer mentoring, and access to resources to grow their businesses. Present in 16
regions and 68 provinces, the STAR program has impacted the lives of over
150,000 women.
Throughout each step of the way, from the way they create beverages that refresh and
cater to the needs of its customers, to the way they provide economic growth for those
who is helping deliver and sell their products to more Filipinos, to the way they take
care and grow the communities they serve, Coca-Cola strives to do good, go beyond
what is expected them, and take all Filipinos who also strive for more further with them
in their journey.
CORPORATE SOCIAL
RESPONSIBILITY
INITIATIVE/PROGRAM
Little Red Schoolhouse
-Started in 1997 in partnership with the Philippine Business for Social Progress
(PBSP) and the Department of Education, the Little Red School house program
was created to give disadvantaged children access to complete
elementary education.
Under this project, we have constructed schoolhouses; provided teacher training
in public elementary schools in underserved areas; and built up the capability of
parent-teacher-community associations (PTCAs) to support and maintain the
schools.
STRENGTHS AND WEAKNESSES
OF THE CSR PROGRAM
Strengths Weaknesses
The strengths of this corporate social responsibility is to The main problem
build a reputation as a responsible business, which can regarding with the company’s performance in Corporate
turn into a competitive advantage towards other Social Responsibility is budget constraint. Because of
companies. Consumer often prefer companies who have this their activities are being limited, they have short-
responsible policies, surveys says that people rank a term benefits and its impact are minimal. Being able to
company’s commitment to the environment (71%), sustain their corporate activities can affect how people
social responsibility (68%), and giving back to he local and their consumers view their company and their
community (68%) as the most important attributes of a product.
business. It is also a reflection on what customers
are based on their products that they are using.
RECOMMENDATIONS/
SUGGESTIONS
Based on their weaknesses i think the company should build stronger partnerships with NGOs, with local communities,
and “with any stakeholder who can add value to the business". Also establishing policies and systems to attract and
retain talent can result in long-term success of the business.
Developing communities alongside the business, which includes properly measuring community impacts and having
long-term investment strategies
involving stakeholder can ensure a long term success which can be acquired by also engaging in better non-financial
risk management and Ensuring good governance.