Our policies and programs around the world share a common spirit, and goal: to operate our business, at all times, in a responsible, productive and profitable fashion.
That was our mission when we were founded more than a century ago, and it is still at the core of who we are and how we run the business today.
We have active dialogues on public policy around the world and with numerous multilateral and local organizations. But it is important that we highlight the critical role we place on our efforts in the United States. We have keen appreciation for the intersection of policy and politics. As such, and in keeping with U.S. requirements, we have instituted a political engagement policy to ensure compliance with U.S. laws and other requirements regarding contributions to political organizations, candidates for federal, state and local public office, ballot measure campaigns, political action committees and trade associations.
One hallmark of a responsible business is a clear-eyed understanding of where you’re trying to get, as a for-profit business, and how you plan to get there given the market realities of the industry to which you are attached – the global beverage business, in our case. Like many publicly-held companies, maximizing profits for our shareowners, for example, has been a perennial objective since our founding. For that reason, we’ve always paid a lot of attention to tax policies, as these can dramatically impact our ability to grow and pay dividends.
The list of things we focus on day-to-day is practically endless. That said, we have a few top advocacy areas, and they are as follows:
- Corporate taxation: As noted above, we pay a lot of attention to tax policy, as we are subject to income tax in the United States and in numerous other jurisdictions in which we operate. We support tax policies that allow companies like ours to operate on a level playing field in global competition with non-U.S. based companies, which currently enjoy a number of tax advantages over American-headquartered businesses.
- Product-specific policies, such as taxes, restrictions or regulations: We contribute substantially to the global economy through jobs, investment, taxes and community investment. As such, we actively oppose discriminatory taxes or policies that single out certain products – non-alcoholic beverages, in our case.
- Environmental policy: We work hard to maximize the energy efficiency and minimize the impact of our manufacturing and distribution processes, and actively participate in policy discussions that have the potential to impact these areas. We support public policies that deal fairly with water quality, packaging, agriculture and ingredients, as well as other environmental policies and/or actions that have the potential to impact our business.
- Obesity: Obesity is an emotional issue for many people. And we are no different: we are a global beverage business, yes. But we’re also an extended family of mothers and fathers, sons and daughters, and grandparents, too. We see the statistics on obesity and are concerned, just like you. We are committed to using our brands and marketing platforms to help encourage active, healthy lifestyles. We do our best to support the needs of our business, so we do not support policies that unfairly focus on any single food or beverage category. This includes sugar-sweetened beverages, which we make and sell along with more than 800 low and no-calorie options around the world, including 180 in the United States.
Coca-Cola CAN (Civic Action Network)
CAN enables people to engage in thoughtful conversations about a range of issues, from health and wellness initiatives to pending product regulations. As with any global business, the issues that impact our business tend to ebb and flow, and so do the discussions on CAN. We invite you to join the conversation!
Political Engagement Policy
We believe in responsible corporate governance, and participate in the political process to support the needs of our business and customers globally, while keeping with our values, character and long-term mission. For a detailed description of our political activities, including lobbying, PACS and legal compliance, please visit our Political Engagement Policy page.