Coca Cola: Financial and Management Accounting

Running Head: Accounting and Financial Management
1
Project Report: Financial and Management Accounting

Accounting and Financial Management
2
Executive Summary
The main focus of the report is on Coca Cola, a leading corporation involved in the
distribution of the soft drinks. The factor affecting the company which are the financial as
well as the non-financial are discussed in detail only through the evaluation of the
performance of the business and the impact of the system on the general society and the
environment. There are several newspaper articles about the company that reflect whether the
company has evaluated the life style and the surroundings of the society.

Accounting and Financial Management
3
Contents
Executive Summary..........................................................................................................2
Part A................................................................................................................................4
Introduction...................................................................................................................4
Environment and social impacts on The Coca Cola operations...................................4
Positive impact..........................................................................................................5
Negative impact........................................................................................................6
Four key GRI disclosure...............................................................................................7
Comparison of Coca Cola and Pepsi Co.......................................................................8
Benefits to the shareholders due to the GRI compliances............................................9
Conclusion....................................................................................................................9
Part B................................................................................................................................9
Part C..............................................................................................................................12
Appendix.........................................................................................................................17

Accounting and Financial Management
4
Part A:
Introduction:
The Coca Cola Company is the American based company that deals in the
manufacturing of the carbonated soft drinks and concentrated beverages and syrup. The
company is renowned for its core product Coca Coal. The company is currently operating
worldwide with the revenue of US$35.410 billion. The company was founded in the year
1886, the headquarters are in Atlanta, Georgia and United States (Coca Cola Journey, 2019).
In December 2016, it acquired SABMiller’s Coca Cola operations and in August 31,
2018 it agreed to acquire Costa Coffee form Whitbread for pound 3.9 billion. In terms of the
rank the Coca Cola Company has been on the second position in terms of the market
capitalisation. The company is operating with 61900 employees to work consistently and
efficiently (Coca Cola, 2019).
Environment and social impacts on The Coca Cola operations:
It is the duty of the company to give in return to the society after utilising the input
factors given by the society. The production house of the Coca Cola Company emits the huge
pollution while manufacturing the beverages and thus it affects the environment a lot more
than it is expected, in order to serve the society in the better manner the company has the
motto of carrying out the operations in such a way that can lower down the environmental
pollution and the lifestyle of the customers. The two major factors that the company has
worked upon are, first in serving the society with the safe products and the improving the
society by utilisation of the energy in the positive means. There is a proper disclosure in the
sustainability report of the Coca Cola Company along with the GRI disclosures and
compliance with regards to the improvement in the society (Coca Cola, 2019).