Friday, October 21, 2016
Week 3 EOC: Making Money for Good
The Coca-Cola company is the biggest beverage company in the world. You can find their drinks almost everywhere, and they've delved into other ventures as well instead of their signature soda. There's new variants of Coca-Cola. They sell Fanta soda, Sprite, juice, and several more beverages. This company has gotten so big that over 90% of the worlds population recognizes their logo. However, instead of letting the fame make this company selfish, they choose instead to give back to the community. They always give back at least one percent of their company's annual income. They support a lot of community programs like arts and culture, community and economic development programs in the United States. They also do their best to support HIV/AIDS prevention and awareness programs in Africa and Latin America. In 2015, Coca-Cola gave back over $117 million to nearly 300 different organizations across over 70 separate countries and territories. They've awarded over $500 million to support global sustainable community initiatives, including water stewardship, community recycling, active healthy living, and education. The Foundation was established in the U.S. as a registered 501 charitable organization. Coca-Cola supports programs offering scholarships, school drop-out prevention projects, and access to educational programming. This very large and successful company does what they can in order to help better the community. They give back wherever they feel necessary and however they can.
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