Coca-Cola

After returning to Myanmar in 2012 for the first time in 60 years, the Coca-Cola Company announced its intentions to contribute to the economy by investing up to $200 million in local manufacturing, employing local people, engaging local suppliers and distributors, and supporting community investment programs. Through this engagement, Coca-Cola anticipated that, within five years, more than 22,000 job opportunities would emerge. The company further stressed that it would maintain its long-established global standards for corporate ethics, including strict adherence to its global human and workplace rights policy, supplier guiding principles, a code of business conduct and anti-bribery policies. In cooperation with PACT, Coca-Cola committed $3 million to support Swan Yi (translated as “capacity-building”), a three-year program to empower nearly 25,000 Myanmar women by focusing on financial literacy, entrepreneurship and business management. The project works with women who reside in the Yangon, Mandalay and Sagaing regions.