Sustainability in the food & beverage industry : a comparison between Coca Cola, PepsiCo, and Nestle

Abstract

The implementation of social responsibility actions by companies is growing. Also, there is a growing need to inform the stakeholders about the progress achieved by these actions. However, despite the increase in the number of companies that report their social responsibility, these reports are not complete, that is, not all the required indicators are reported. It is for this reason that this research has focused on discovering how completely companies are reporting their progress in social responsibility in accordance with the standard established by the Global Reporting Initiative. The analysis was carried out through a documentary analysis of the reports of the three most well-known firms in the beverage and food industry. The result obtained was that companies are only complying with reporting fifty-one percent of the indicators. Likewise, it was found that there are significant differences between the number of indicators reported by the different companies.