High Platinum Band Rating for Coca-Cola

Coca-Cola Sri Lanka has been rated in the Platinum band of the inaugural Corporate Accountability Rating conducted by STING Consultants.

The first-ever 'Report Card' on corporate accountability, based on the implementation of a strategic approach to corporate accountability is compiled by STING Consultants, in association with LMD, the Corporate Accountability Rating evaluates submissions made by the companies and classifies them into broad bands, based on their level of adherence to implementing a strategic approach to corporate accountability.

Coca-Cola Sri Lanka was one of the four corporate entities to score more than the 90 points required for Platinum status.

The rating system focuses on assessing the level of an individual business and its ability to understand and institute relevant processes and systems to fall in line with this concept, through a strategic operating model.

The primary focus was on assessing the awareness of the company, its approach to preparedness for corporate accountability.

Companies were assessed in seven specific categories: corporate values, risk and opportunity identification, policies, stakeholder engagement, management and measurement, workplace and public disclosure. Commenting on the Platinum rating received Sarath Jayasinghe, Country Human Resources Manager, Coca-Cola Sri Lanka said, "This is yet another milestone and we are extremely proud of this ranking which exhibits to the world what we do on behalf of mankind and the environment in which we operate."

Coca-Cola constantly works towards reaching such milestones, defying all challenges and ensuring sustainability in taking CSR to higher levels. At Coca-Cola, the real CSR begins from within the organisation and then flows outwards.