Ethical Investment Report: Coca-Cola CSR and Carroll's Pyramid

This report examines Coca-Cola's Corporate Social Responsibility (CSR) program, focusing on ethical investment and business practices. The analysis uses Carroll's Pyramid to evaluate the company's economic, legal, ethical, and philanthropic responsibilities. It highlights the importance of CSR in business operations, including the impact of ethical considerations on investment decisions. The report includes an analysis of a data breach incident, emphasizing the need for data protection. Recommendations are made for CSR implementation. The conclusion underscores the significance of ethical behavior in business, particularly for multinational enterprises (MNEs) operating in the UK and internationally. The report provides a comprehensive overview of Coca-Cola's CSR initiatives and its role in ethical investment.

BUSINESS AND
ETHICS

Table of content
• Introduction
 Coca Colas CSR Programme using the dimensions of Carroll's Pyramid
 Economic Responsibilities are a component of CSR
 Analysis of coca cola on the basis of its Commitments
 Recommendation
• Conclusion
• References

Introduction
Ethics is a subject of social science that is related with social values and
moral principles. Business ethics can be termed as a study of proper business
practices and policies regarding potentially controversial issues, such as
fiduciary responsibilities, bribery, insider trading, corporate social
responsibility, discrimination, and corporate governance. In this report
select company Coca Cola, is an American corporation, and retailer,
marketer and manufacturer of non-alcoholic beverage syrups and
concentrates.

Coca Colas CSR Program using the
dimensions of Carroll's Pyramid
Corporate social responsibility is a kind of
corporate self regulation integrated into a
business model. CSR policy utility as a
improved in, self regulating execution where
by a ensure and business monitors. Its active
cooperation with the ethical standards,
international norms, and spirit of the law.

Continue..
In this pyramid a corporation has four types of responsibilities. The first one
and most evident is the economic responsibility to be gainful. The second
one is the legal responsibility to conform the laws set forward by society.
The third one which is closely linked to the second, is the ethical
responsibility. That is to do what is right even when business not obligate to
do so by law. The fourth one is the philanthropic responsibility.

Economic Responsibilities are a component of
CSR
Economic responsibility is to be profitable for principles by delivering a
good quality product at a fair cost due to customers. As a central status or
demand of existence, businesses have an economic responsibility to the
society that license them to be sustained and created. At first, it may seem
different to consider about an economic prospect as a social responsibility,
but this is what it is because business, society expects, organizations indeed
requires to be able to continue themselves and the only way this is possible
is by being gainful and able to incentivize shareholders or owners to invest
and have enough resources to continue in operation.

Analysis of coca cola on the basis of its
Commitments
Coca cola has admitted to a data breach after an employee stole dozens of
laptop over the source of six years. The stolen laptops went unnoticed
and contained the sensitive data of 74000 individuals. The employee
stole a total of 55 laptop from coca cola's Atlanta offices. Some of the
laptops belonged to a bottling company acquired by coca cola in
2010.
 If they slip into wrong hands, could content a data breach
 Unencrypted Data and lack of proper supervision caused the breach

Recommendation
Carroll's pyramid four part important for corporate social responsibility to
operate of national and regional basis was originally stated as follows:
corporate social responsibility include the economic, legal, ethical and
discretionary expectations that society has of organizations at a given point
in time.

CONCLUSION
In this report concluded that corporate social responsibility important part of
every organization, it helps to apply ethics in business. Code of conduct and
many other policies apply on Coca Cola that will conduct economical, legal,
social and discrimination responsibilities. Each policies plays important part
for justify policies and recommended that in Asian, African and European
world also apply in business organization.

REFERENCES
Crane, A. and Matten, D., 2016. Business ethics: Managing corporate
citizenship and sustainability in the age of globalization. Oxford
University Press.
Hopkins, M., 2012. The planetary bargain: Corporate social responsibility
matters. Routledge.
Pearson, R., 2017. Business ethics as communication ethics: Public relations
practice and the idea of dialogue. In Public relations theory (pp. 111-
131). Routledge.

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