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Coca-Cola in Myanmar Making the Change in Myanmar: A practical workshop on how businesses can combat corruption March 2016

Coca-Cola in Myanmar: Making the Change in Myanmar

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Page 1: Coca-Cola in Myanmar: Making the Change in Myanmar

Coca-Cola in MyanmarMaking the Change in Myanmar:

A practical workshop on how businesses can combat corruption

March 2016

Page 2: Coca-Cola in Myanmar: Making the Change in Myanmar

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

Page 3: Coca-Cola in Myanmar: Making the Change in Myanmar

Relevant Global Company Policies

Code of Business Conduct

Anti-Bribery Policy

Supplier Guiding Principles

Human Rights Policy

Work Place Rights

Page 4: Coca-Cola in Myanmar: Making the Change in Myanmar

● 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

Page 5: Coca-Cola in Myanmar: Making the Change in Myanmar

• 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

Page 6: Coca-Cola in Myanmar: Making the Change in Myanmar

Anti-Bribery Wallet Cards

Page 7: Coca-Cola in Myanmar: Making the Change in Myanmar

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/

Page 8: Coca-Cola in Myanmar: Making the Change in Myanmar

Anti-Corruption & Bribery Training for our local suppliers

Page 9: Coca-Cola in Myanmar: Making the Change in Myanmar

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)

Page 10: Coca-Cola in Myanmar: Making the Change in Myanmar

Thank you