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Coke's report on responsible business practices in Myanmar sets standard for transparency on both successes and failures

Author: Jonathan Kaufman, EarthRights International, Published on: 20 December 2013

...What makes the Coke report unique is the level of transparency it provides – both into the company’s successes and its failure in responsible business conduct – meaning that communities, investors, and the U.S. Government alike have a reasonable basis to engage with Coke and trouble-shoot human rights issues that may arise in the course of its operations…[T]he level of detail about the due diligence processes they’ve gone through, the concerns they’ve identified, and the steps they’ve taken to ensure that they and their partners are mitigating serious risks is exactly the kind of transparency needed to build trust between a company like Coca-Cola and the communities its operations will affect…[refers to Capital Bank & Trust, Crowley Marine Services, Hercules Offshhore]

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Related companies: Capital Group Crowley Hercules