Review of conservation processes in the coca cola company
The reduction of emissions process has been achievable outside the outstanding plants walls with the larger operations of the company. This majorly entails the delivery of heavy-duty typo of hybrid electricity in fleets. It constitutes more than delivery trucks that accommodate 700 hybrid electricity on the road. This is a means that ensures there is a reduction of fuel consumption and emission with an approximation of 30%. The company also deploys more than 800 hybrid vehicles of light-duty in the process for the company’s sales representatives (Hussen, 2012).
The company actively participates in the process of consumer-facing campaigns that relates to the climate protection measures. In the year 2011, in collaboration with the company’s long-term partner in conservation WWF, the company assisted in the launching of the Arctic Home. This is considerable as the largest marketing initiative process ever performed by the coca cola company. As an active process in conservation, the campaign aimed at raising the widespread awareness with funds that would help in the protection of the environment inhabitants. This process also involved the company’s change of packaging to help draw attention towards the campaign with a commitment of up to $3 million towards the conservation efforts. The process also encouraged its potential consumers to join the active campaign through texting of donations (Hussen, 2012).
In relation to the process fronts, the changes in a climate that can alter the fresh water that is available in the environment further required an increment in demand for the natural resource that is critical. The sustainability of the company’s principal products has a dependency on the reliable accessibility to the water sources. This constitutes the considerable significant ingredient in all its products. It is critical in consideration of the agricultural ingredients used in its beverages. The company enhanced the process of conservation. They set a global goal of safely returning to the communities and the nature the specified amount of water. This is equivalent to the relative amount applicable in the beverages and its active production (Boersema & Reijnders, 2009).
In order to engage actively in the process and achieve the set goals, the company focuses on the reduction of water application ratio with a corresponding increase in product volume. The company also recycle the used water during the manufacturing process and releases it to the environment at a specified level that is capable of supporting an aquatic life. The process also involves the replenishing of the water used through participation in the relevant locally set community projects. The company also involves in the process of innovating its principal ways of preventing waste release over the relative life of its regular packaging (Boersema & Reijnders, 2009).
The company also involves the accounting department as an active member in its decision making process. During the implementation of the set strategies in the conservation of the environment, the company’s accounting department takes part through the release of the task financial reports. The company’s accounting department has aided the company through the set processes following the involvement in planning and controlling of finances directed towards strategised tasks. This is since it actively participates in decision making meant to enhance the company’s performance in environmental conservation process. The accounting department also plays a vital role in contributing to the identification of risks threatening the set objectives of the company (Boersema & Reijnders, 2009).
The coca cola company of recent made a decision to involve all the company’s departments in the strategised plans of environment conservation. This has ensured that all its departments actively participates in the processes involved in conserving the environments that accommodate its main plants. This is through regular trainings and contributions through convened meetings to help expose to each department the ground of all the company’s set strategies (Nordhaus & Workshop, 2008).
The two outstanding relevant costs for the decision are the performance measurement and financial management. Performance measurement involved in the decision involves the ability to make evaluations to each department performance with respect to the established targets and strategies of the company. Financial management involves the setting of each department financial objectives prior to active participation in the set processes and managing of the financial risks and resources involved (Nordhaus & Workshop, 2008).
The two non-relevant costs for the decision include performance management and financial reporting. The performance management involved in the decision involves the ability of making implementations that are appropriate to the company’s system. This is to support the made decisions and monitor the department’s performance in relation to the target achievement. The management makes substantial focuses on the management of both revenues and costs. Financial reporting as used in the decision involves the ability of understanding and making analysis to the disclosed company’s information regarding the financial statements. The reporting majorly makes focus on the requirements of the external parties inclusive of regulatory agencies, shareholders and creditors (Nordhaus & Workshop, 2008).
References
Ahmed Hussen. (2012). Principles of environment economics and sustainability. Mason, OH: South-Western/Cengage Learning.
Boersema, J. J., & Reijnders, L. (2009). Principles of Environmental Sciences. Dordrecht: Springer Netherlands.
Nordhaus, W. D., & Workshop. (2008). Economics and policy issues in climate change: [results of a workshop held in Snowmass, Colorado, in August 1996]. Washington, DC.
