Answered: How do you explain any risky and…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Given Coca-Cola's focus on sustainability and creating a more sustainable future for the planet, it would be valuable to include ESG metrics in the balanced scorecard. For example, you could add a sustainability perspective that includes metrics such as: • Greenhouse gas emissions: Reduce greenhouse gas emissions by 25% by 2030 by improving energy efficiency and transitioning to renewable energy sources. • Water stewardship: Improve water use efficiency and replenish 100% of the water used in manufacturing operations by 2030. • Packaging sustainability: Achieve 100% recyclable or reusable packaging by 2025 and reduce plastic waste by 25% by 2030. • Social responsibility: Enhance labor practices, human rights, and community engagement through initiatives such as responsible sourcing, fair labor standards, and community development programs. By including ESG metrics in the balanced scorecard, Coca-Cola can demonstrate its commitment to sustainability and responsible business practices,…
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How do you explain any risky and uncertain decisions that Publix supermarket would plan to address in the next fiscal year?