Strategic Management Report 2022

Running head: STRATEGIC MANAGEMENT
STRATEGIC MANAGEMENT
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Introduction
Sustainability reports play a vital role for the business organizations. Sustainability
reports are published by business organization to determine the environmental, social and
economic impacts that are caused by the day to day operations and activities of the business. The
sustainability reports of the organizations present the organizational values and governance
model. It also identifies the link of the strategies and goals of the organization and its
commitment towards sustainable global economy (Makadok & Ross, 2013). This sustainability
report is essential of the business organization to measure, communicate and have a better
understanding of the company’s impact on the environmental, social and economic aspects. It
also helps them to set goals and strategy as per the results of the sustainability report. This helps
to initiate change in the organization in a more effective manner. The purpose of this assignment
is to review the sustainability report of the companies Coca-Cola and PepsiCo. It compares and
contrasts the sustainability reports of the companies and concludes by grading and analyzing the
company which is performing sustainably.
1. Review of coca cola sustainability report
As per the latest annual sustainability report of Coca Cola, it has a pretty interactive
sustainability report. Below are six best aspects of the Coca-Cola report.
Women Empowerment
The company mainly focuses on empowering the women; they aim to have around five billion
women entrepreneurs working in the entire global value chain by the year 2020. The company
takes initiative to provide the women employees access to various types of business skills

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training, networking opportunity as well as finance and assets. The percentage of women’s
participating had grown in the last year by 45%. It implies that the company had empowered
around 1.7 million women. These activities are carried out through “5by20” global projects. The
company carries out the projects and the programs in collaboration with companies like IFC, Bill
$ Melinda, UN Women and others (Coca Cola - AnnualReports.com. 2019).
Embracing community well-being
The sustainability reports strive to offer beverages for every lifestyle and occasion while
achieving quality and consumer trust. The company previously had faced criticisms for their
work on basis on obesity research and its physical activity funds. Hence Coca-Cola in its
sustainability reports that they had refocused to community and individual well being. The
company is more focused on identifying ways to bring diversity on the drinks options.
Sustainable packaging
As per the reports the company has over 60% of the recovery rate of their bottles and cans. Coca
Cola plans to aims for 75% of bottle and can recovery by the year 2020. The plastics bottles
made by the company consist of 30% renewable materials from plants (Coca Cola -
AnnualReports.com. 2019).
Climate protection
Coca Cola is highly involved with the global climate conversations. The company has reduced
its CO2 in the drinks by 13%. The energy efficiency of the company has increased by 2%. Hence
they progress with their carbon footprint goal (Coca Cola - AnnualReports.com. 2019).
Human and workplace rights

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The company has focused on the human right risks. The company owned facilities comply with
the human rights policy, the direct suppliers of the company also comply with the supplier
Guiding Principles.
Sustainable agriculture
The company has procured almost 95% of the globally sourced coffee and tea from sustainable
sources. It has joined efforts with the suppliers and works towards achieving sustainable sourced
agricultural ingredients by the year 2020 (Coca Cola - AnnualReports.com. 2019).
2. Review of PepsiCo sustainability report
As per the sustainability report of PepsiCo, it mainly focuses on three aspects that are
people, product and planet. The six best aspects of the PepsiCo report are discussed below:
Product: the report provides information regarding the continued efforts of PepsiCo to reduce
the excessive amount of sugars in the drinks and reduce the percentage of sodium content in the
foods and beverages offered by the company. In the future years the company wants to focus
mainly on nutritious products through innovation and reformulations.
Planet: It is reported by the company that majority of the ingredients used by the company are
directly sourced crops from the farmers. They engage through the Sustainable Farming Program
of the company (PepsiCo - AnnualReports.com. 2019).
People: The Company has focus efforts on the area of people. It is reached out to nearly 6.4
million women’s and girls through the company have increased investments in the local
communities all across the globe. Further, the company also engages in projects and programs
like Women with Purpose. Through these programs the company reaches to the people and