Corporate Governance, Sustainability and CSR Policy of Coca-Cola Amatil

Coca-Cola Amatil

Contents
Introduction.................................................................................................................... 2
A brief background of the company Corporate Governance policy................................................2
Company Sustainability and CSR policy................................................................................2
Corporate governance mechanisms are undertaken by the company...............................................3
Sustainability and CSR initiatives are undertaken by the company under the categories of Social,
Environmental and Economic.............................................................................................. 4
Recommendations and suggestions to improve governance.........................................................5
Recommendations and suggestions to improve Sustainability/CSR practices....................................5
Conclusion..................................................................................................................... 5
Reference...................................................................................................................... 7

Introduction
Corporate governance includes the set of rules, practice, and process for directing and controlling
the business. It is used for balancing the needs of stakeholders of the company and the
stakeholders are shareholders, customers, suppliers, government and financiers. This report
includes the corporate governance, sustainability and corporate social responsibility policy of
Coca-Cola Amatil. In this report, the mechanisms of corporate governance and CSR and
sustainability initiatives are discussed. Recommendations and suggestions are provided for
improving the governance and CSR practices in the company.
Background of the company Corporate Governance policy
Coca-Cola Amatil Co., Ltd. is a public traded company and the Coca-Cola Amatil Board of
Directors is committed to achieve high standards and business in corporate governance. They
ensure to review the best practices in corporate governance (Coca-Cola Amatil, 2018). The
vision of the board is to provide happiness and create millions of moments. In Coca-Cola, the
board of directors is responsible for independent assurance which includes the internal audit,
external auditors, legal and professionals advice. The values of Coca-Cola Amatil are to be
forthright and open and they take the initiative and even focus on today and tomorrow
effectively. The responsibility of day to day management is given to group managing director
(Orlitzky, et al., 2011).
Risk management policy includes the approach for oversight and managing the risk. Risk helps
in representing the threat and opportunities. It helps in promoting a risk-aware corporate culture
for supporting the decision. Risk management policy includes the analysis of undertaking the
decision at all levels of the business. Coca-Cola Amatil includes the principles for the corporate
governance of the company which helps them in growth and development. It includes laying a
solid foundation for management and oversight (Brennan, et al., 2011).
Company Sustainability and CSR policy
The focus of Coca-Cola Amatil’s sustainability includes the four main pillars are people, well-
being, environment, and community. Sustainability and corporate social responsibilities are
important for the business and stakeholders of the company. It requires following the rules and