Coca-Cola India Bags the Prestigious Golden Peacock Award for CSR, Third year in a Row
Coca-Cola India made a hat-trick by bagging the coveted Golden Peacock Award third year in a row for CSR. Of the four Golden Peacock Global Awards for Corporate Social Responsibility given at Lisbon in Portugal, Coca-Cola India once again bagged a special commendation for its contribution in India towards its efforts in community development. Some of the other recipients of the awards were The TATA Power Company Ltd, Mahindra and Mahindra Ltd, IBM India Private Ltd, Hindalco Industries Limited etc.
Mr. Ola Ullsten, Former Prime Minister of Sweden , gave away the award in the presence of Dr Madhav Mehra, President World Council for Corporate Governance at the 5th Global Conference on Social Responsibility held in Portugal. This year the Conference was based on the theme - "Profiting from your business by turning it into a cause. The prime objective of the conference was to demonstrate how social and environmental agenda have increasingly become the biggest competitive differentiators and help companies to generate profits by focusing on social and environmental causes.
The award's citation recognized Coca-Cola's contribution as "Coca-Cola India has supported community programmes with a focus on education, health and water conservation. The Company has commissioned 400 rainwater harvesting systems, provided clean drinking water to more than 100 schools, supported school projects and driven reform in sustainable packaging, disaster relief and rehabilitation"
As a responsible corporate, Coca-Cola India has always placed high value on good citizenship. The company provides extensive support for community programs across the country, with a focus on education, health and water conservation. In the area of Water Conservation, Coca-Cola India has commissioned over 500 RWH structures with a recharge capacity of 500 crore liters in 20 states, touching over 1 million people. The Company also organized Health Camps in urban slum and rural areas in several parts of country, which benefited over 40000 women and children.
In the field of education, over 500 merit cum scholarships have been awarded to over 135,000 students from 116 Army Schools spread across the country. These scholarships catered to the educational needs of child for a year which included Fees, Books, Stationary and Uniforms. These scholarships were given to wards of non commissioned (85%) Army personnel (Jawans). Additionally, Coca-Cola India also established Rain Water Harvesting systems in all of 39 villages of SOS Children's villages to provide for water security to over 6000 children. The Company regularly supports several education and health initiatives in addition to Disaster Relief and Rehabilitation programs as and when required. Coca-Cola India awarded the Bombay Stock Exchange Award for Social and Corporate Governance 2009