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Article

3 Jul 2015

Author:
Coca-Cola

Labour & land rights, gender equality remain challenges - new Coca-Cola report

"Responsible Investment in Myanmar 2015 Update", 30 June 2015

In June 2012, The Coca-Cola Company...announced plans to re-enter Myanmar after more than 60 years. As part of the re-entry, the Company completed a rigorous and indepth due diligence process which is described in detail in the 2013 Responsible Investment Report. The first plant was inaugurated in June 2013 and the business in Myanmar has just completed its second year of operations. This is the third report...and continues to focus on mitigation, as well as new challenges and engagement efforts...One key challenge continues to be attracting, training and retaining talent in the competitive labor market. Another challenge has been the slow construction progress in completing renovations at one plant and the implications this has had on completing the wastewater treatment plant at that plant. Many of the key human rights risks identified in our initial report remain relevant and, as such, require ongoing due diligence and engagement. In particular these include: environment, excessive hours of work, lack of awareness about health and safety, child labor in downstream and upstream entities, bribery and corruption, land rights and gender inequality. This update addresses our efforts in these and other areas since the June 2014 report. As Myanmar continues to open up and our business develops, our due diligence will remain ongoing and we will continue to report publically on our findings and mitigation actions.

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