coca-cola in myanmar: making the change in myanmar
TRANSCRIPT
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Coca-Cola in MyanmarMaking the Change in Myanmar:
A practical workshop on how businesses can combat corruption
March 2016
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22
14,000-18,000 Indirect employment opportunities
25,000+ women entrepreneurs empowered
Coca-Cola in Myanmar
1,400+ Coca-Cola employees in Myanmar
June 2013 Local production begins
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Relevant Global Company Policies
Code of Business Conduct
Anti-Bribery Policy
Supplier Guiding Principles
Human Rights Policy
Work Place Rights
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● Dealing with Governments
● Dealing with Customers, Suppliers and Consumers
● Dealing with Competitors
Integrity in Dealing with Others
Our Guide to Protecting our Reputation Everywhere We Operate…Elevating Our
Standards Beyond Legal Minimum Requirements To Deliver on the Promise
Of Our Brands in All We Do….
• Act with integrity and honest• Use good judgment• Avoid even the appearance of improper behavior • Follow the law at all times• Available Ethics hotline
ALL Company Employees Must:
Integrity in the Company
● Business and Financial Records
● Company Assets● Use of Information
Conflicts of
Interest
Code of Business Conduct
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• The Coca-Cola Company is a signatory to the United Nations Global Compact – commitment to work against corruption and bribery Built on the U.S. Foreign Corrupt Practices Act (FCPA), UK Bribery Act (UKBA) and compliance with local laws– Anti-Bribery provision on obtaining or retaining business – Accurate books and records (internal accounting controls)– Bans public or commercial bribery and facilitating payments – Along with the FCPA and UKBA, local Anti-Corruption laws must be
considered and complied with as well• Governance and reporting processes (items of value to govt officials)• Extensive training for employees and suppliers• Internal confidential reporting mechanisms (e.g., KO Ethics Line)• Vehicle fleet upgrade• Wallet cards
Global Anti-Bribery Policy
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Anti-Bribery Wallet Cards
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Coca-Cola’s Supplier Guiding Principles
• Business Integrity • Freedom of Association and
Collective Bargaining• Prohibit Child Labor • Prohibit Forced Labor and
Abuse of Labor • Eliminate Discrimination • Work Hours and Wages • Provide a Safe and Healthy
Workplace • Protect the Environment • Grievance Procedure and
Remedy • Management Systems
www.coca-colacompany.com/our-company/supplier-guiding-principles/
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Anti-Corruption & Bribery Training for our local suppliers
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Consistent communications about policies Establish internal processes and grievance mechanisms Consider confidential survey to understand the risk and
exposure of your business Offer training sessions on periodic basis for employees
and also third parties Address issue areas proactively and empower employees
Recommendations
Establish clear policy on anti-bribery and business conduct for employees and third-parties
Build policies and expectations into contracts (e.g., employees, suppliers)
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Thank you