Despite considerable recent success, Coke Chairman and Chief Executive Officer Neville Isdell sees scarcely a chance to pause for his company, saying, “The moment you declare victory … you have just sown the first seeds of your defeat.” In particular, he said that there is more new product in the pipeline, more to be done to [...]
Having already set the goal of using 100% recycleable PET plastic bottles and aluminum cans in North America, Coca-Cola has broadened the definition of sustainability so that it applies to the company’s scholarship programs, local education and sports programs, and other philanthropic initiatives. And they’re publicizing this broader conception of “sustainable well-being” with a $10 [...]
Mars and Nestle have joined The Good Inside Cocoa Programme, which was established by the Dutch non-profit organisation Utz Certified to develop a traceability system for cocoa farmers in the Ivory Coast. The program aims to eliminate environmental and humanitarian problems such as child labour, deforestation and low salaries. But it will also help protect supply from the country, which along [...]
Costco is installing skylights and solar panel arrays on the roofs of its warehouse clubs in furtherance of its environmental sustainability goals, which the company sees as a business imperative. Six locations in California and Hawaii have been outfitted with the equipment at a cost of more than $700, 000 per store, and seven additional [...]
They are trying to entice health-concious customers back into the center aisles by stocking more SKUs without scary-sounding ingredients. They are taking a page from the Motion Picture Association’s book, rating foods on their nutritional value. They are, of course, appealing to shoppers’ growing interests in environmental sustainability — especially prevalent among the 40-60 set. [...]