Analyzing Strategies of Coca-Cola to Achieve Environmental Protection and Corporate Profit

Coca-Cola unveiled its "World Without Waste" sustainable packaging initiative in 2018. In 2022, the corporation executed this plan with a series of eco-friendly initiatives in the Chinese market. This study aims to examine how Coca-Cola reconciles environmental conservation with company profitability in the execution of its “World Without Waste” sustainable packaging initiative. This research analyzes data on plastic packaging content and theoretical concepts related to brand image and brand loyalty. It delineates three major factors: the execution of a circular economy strategy, the strategy for recycled packaging materials, and packaging promotional activities. Furthermore, it presents three recommendations: utilizing lighter plastic packaging, integrating designs inspired by traditional Chinese culture, and employing internet marketing strategies. This study contributes to the notion of corporate social responsibility (CSR) by demonstrating how firms can bolster their brand image and promote consumer loyalty through environmental protection activities, thereby facilitating long-term sustainable development.

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Publication Details

Journal
Transactions on Economics Business and Management Research
Published
2024-12-23
DOI
https://doi.org/10.62051/e3145z28
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
0.00
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article

Analyzing Strategies of Coca-Cola to Achieve Environmental Protection and Corporate Profit

Cunting Wang
Transactions on Economics Business and Management Research
Entrepreneurship Studies and Influences
article

Analyzing Strategies of Coca-Cola to Achieve Environmental Protection and Corporate Profit

Cunting Wang
article en

Abstract

Coca-Cola unveiled its "World Without Waste" sustainable packaging initiative in 2018. In 2022, the corporation executed this plan with a series of eco-friendly initiatives in the Chinese market. This study aims to examine how Coca-Cola reconciles environmental conservation with company profitability in the execution of its “World Without Waste” sustainable packaging initiative. This research analyzes data on plastic packaging content and theoretical concepts related to brand image and brand loyalty. It delineates three major factors: the execution of a circular economy strategy, the strategy for recycled packaging materials, and packaging promotional activities. Furthermore, it presents three recommendations: utilizing lighter plastic packaging, integrating designs inspired by traditional Chinese culture, and employing internet marketing strategies. This study contributes to the notion of corporate social responsibility (CSR) by demonstrating how firms can bolster their brand image and promote consumer loyalty through environmental protection activities, thereby facilitating long-term sustainable development.

Transactions on Economics Business and Management ResearchVol. 14
University of Technology Sydney (AU)
Openalex Percentile: Top 53%
Entrepreneurship Studies and Influences
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