sip on this
Posted by Mark J. Miller on June 26, 2012 09:55 AM
When you’ve got more than 1.2 billion residents, marketers want you in the worst way. And so Coca-Cola is going big-time after the Indian market, upping its investment there by $3 billion to a whopping $5 billion through 2020. That means the next time you go to there to climb the world’s third-highest mountain, Kanchenjunga, or visit with the Dalai Lama, a Coke product shouldn’t be too far away from your grasp.
According to Fox Business, the money will go toward helping Coca-Cola's India subsidiary expand “its distribution network, cold drink equipment placement and manufacturing capacity.” The company had a good first quarter with earnings rising 7.9% and revenue going up almost 6%. In India, though, the company had a 20% increase. Not too shabby. In fact, sales have gone up in India for 23 straight quarters and Coke’s Thums Up and Sprite are the two leading soft-drink brands there, Fox reports.
"Achieving continued sustainable, responsible growth in India is core to achieving our 2020 Vision of doubling system revenues in this decade," said Muhtar Kent, chairman and CEO of the Coca-Cola Company in a press release. "Our ongoing investment in India is focused on delivering innovation, partnerships and a portfolio that enhances the consumer experience, ensures product affordability and builds brand loyalty to deliver long-term growth."Continue reading...
Posted by Mark J. Miller on June 22, 2012 05:05 PM
The United Nations on Friday wrapped up the Rio+20 Earth Summit, a once-a-decade conference on sustainable development, with the message that the world needs to clean up its act. Some major-league companies signed on to put some financial muscle and their brands' influence behind the effort. PepsiCo and Coca-Cola have found something they can agree on as both have put cash behind the UN’s goals. Others involved include Microsoft, and Bank of America, according to Bloomberg.
The pledges are worth billions of dollars and will help to “curb the use of fossil fuels, conserve water and encourage wider use of renewable energy,” Bloomberg reports. There are at least 517 commitments from different companies and at minimum $2 billion will be coming from the U.S. “We won’t save the world alone, but we’ll get half of it done, and we’ll get some momentum,” said Bank of America Chairman Chad Holliday at Rio+20.
For its part, Coca-Cola is allocating $3.5 million to help create more sustainable water access in some African countries. "Access to safe water is essential for our company and our world,” stated Bea Perez, the company's Chief Sustainability Officer. “The sustainability of water resources is a top priority."Continue reading...
Posted by Dale Buss on June 21, 2012 06:05 PM
Audi of America gets all its vehicles from Germany, so the U.S. arm's contribution to the sales success of Audi AG depends in large part on how well it markets an increasingly renowned product line. Partially in recognition of how he helped make Audi one of the hottest brands in the U.S. luxury segment, Audi of America's CMO, Scott Keogh, became its new CEO this week.
The company announced Keogh's ascension within a few weeks of the news of the sudden departure of Johan de Nysschen, Audi of America's CEO for eight years. De Nysschen left suddenly for a position of global oversight of Infiniti, the Nissan-owned luxury brand, that is looking for more sales worldwide — and has targeted Audi customers for some of them.
At the same time, Keogh has had a less-recognized role in setting Audi's product strategy for the increasingly important U.S. market.Continue reading...
Posted by Dale Buss on June 19, 2012 01:02 PM
Cracker Barrel isn't the first roadside brand you think of when you think about cutting-edge technology. After all, the most prominent feature outside these restaurants that dot America's heartland are the rocking chairs that are for sale on the "front porch" of the Cracker Barrel entrance area before customers mosey in for chicken 'n' dumplings or other downhome hearty fare.
But that hasn't kept the Lebanon, Tenn.-based chain from trying to leapfrog not only the existing perception of its brand but automotive technology to attempt to round out its positioning. So Cracker Barrel is extending its 2010 commitment to providing electric-vehicle charging stations in the parking lots outside some of its restaurants.Continue reading...
Posted by Sheila Shayon on June 15, 2012 01:06 PM
Panasonic's tagline is "ideas for life," but its motto could read, "sustainable ideas for life." The brand is showcasing its sustainable energy solutions in a booth at the Japan Pavilion in Rio de Janeiro, Brazil, the main venue of the United Nations Conference on Sustainable Development, Rio+20, which kicks off Monday.
The Panasonic exhibition is part of Japan's joint public-private-sector initiative to show the world its potential and contributions towards sustainable development, a main theme of the conference — the 20th anniversary of the 1992 United Nations Conference on Environment and Development (UNCED) in Rio de Janeiro, and the 10th anniversary of the 2002 World Summit on Sustainable Development (WSSD) in Johannesburg.Continue reading...
Posted by Sheila Shayon on June 7, 2012 10:10 AM
Sustainability just got that much stronger as Coca-Cola, Ford, Heinz, Nike, and Procter & Gamble have created the Plant PET Technology Collaborative (PTC) to accelerate the development and deployment of 100% plant-based PET materials and fiber in their products.
PET, a.k.a., polyethylene terephthalate, is the durable, lightweight plastic used by these five companies in their bottles, apparel, footwear and automotive fabric and carpet.
Building on Coca-Cola’s PlantBottle packaging technology, these products have a lesser environmental impact than traditional PET plastic bottles. Heinz licenses the technology for select ketchup bottles in the U.S. and Canada.Continue reading...
Posted by Sheila Shayon on June 4, 2012 11:02 AM
As GE celebrates a decade in the wind power business, there's finally some global recognition for companies commiting to wind energy.
WindMade is the world's first global consumer label for companies, events and products using wind power. Backed by the UN Global Compact, participating companies must obtain at least 25% of their electricity from wind power.
“Every time you pass this (above) video along, you are bringing more wind energy to the world. For each view WindMade will source wind energy equivalent to 500 times the amount of power consumed by watching this one video.”
The WindMade label has the dual purpose of letting companies communicate their commitment to renewable energy, and providing consumers the choice to do business with companies and products using wind power.Continue reading...
brands under fire
Posted by Sheila Shayon on May 30, 2012 10:02 AM
Greenpeace and Asia Pulp & Paper have been battling for years over the issue of brands using APP for packaging, as the eco-activists believe the company is one of many brands contributing to the deforestation of “critical habitats and last remaining biodiversity hotspots” by using what it sees as unsustainable packaging materials sourced by APP.
Greenpeace's latest campaign against APP, via its global KFC protests, prompted the paper supplier to send us a rebuttal from Ian Lifshitz, Sustainability Manager for APP in the Americas.
“APP has been taking into account the critical issues raised by our international stakeholders, and we’ve announced important milestones in our business policies. Namely, on May 15, we announced the suspension of natural forest clearance in Indonesia, and that we will begin holding ourselves and our suppliers to the internationally-recognized high standards of HCVF (high conservation value forest)."Continue reading...