{"id":5155,"date":"2010-09-21T23:15:36","date_gmt":"2010-09-21T22:15:36","guid":{"rendered":"http:\/\/www.ethicalquote.com\/?p=5155"},"modified":"2010-09-24T13:27:33","modified_gmt":"2010-09-24T12:27:33","slug":"the-coca-cola","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2010\/09\/21\/the-coca-cola\/","title":{"rendered":"The Coca-Cola Company pledges to empower 5 million women entrepreneurs by 2020"},"content":{"rendered":"<p><a href=\"http:\/\/www.thecoca-colacompany.com\/presscenter\/nr_20100921_cgi.html\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-5160\" title=\"100924_cc\" src=\"http:\/\/www.ethicalquote.com\/newTemplate\/wp-content\/uploads\/2010\/09\/100924_cc.jpg\" alt=\"\" width=\"200\" height=\"130\" \/><\/a>Coca-Cola Announces &#8220;5 BY 20&#8221;, An Ambitious Goal to Empower Women Entrepreneurs Across the World. At a plenary session on empowering women at the Clinton Global  Initiative, Muhtar Kent, chairman and chief executive officer of\u00c2\u00a0 The Coca-Cola Company, today pledged to empower 5 million women entrepreneurs throughout Coca-Cola&#8217;s global business system by 2020. This pledge builds upon a commitment made by The Coca-Cola  Company in 2008 to the United Nations &#8220;Business Call to Action&#8221; to grow  the Company&#8217;s Micro Distribution Centers (MDCs) in Africa. MDCs are an  independent network of entrepreneurs who distribute Coca-Cola&#8217;s  beverage products to retailers, often by bicycle or pushcart. At last  year&#8217;s Clinton Global Initiative, the Company committed that 50% of all  new MDCs would be run by women. The Company is well on track to achieve  both targets as part of its commitments to the UN Millennium Development  Goals. &#8220;Our experience on the great continent of Africa and the model of our  existing MDC program provides an expanded platform to empower an  additional five million women worldwide over the next ten years. We need  to increase awareness that better societies can be created as a result  of empowering women,&#8221; Mr. Kent said. Research conducted by the Harvard Kennedy School and engagement with local stakeholders on Coca-Cola&#8217;s  MDC business in Africa indicates that women face three main barriers to  success: 1) Lack of access to finance; 2) Lack of business skills  training; and 3) Lack of access to mentors and networks of peers. The  Company plans to conduct further research with potential partners to  better understand how to empower women across its global system. Image: i.ytimg.com. <a href=\"http:\/\/www.thecoca-colacompany.com\/presscenter\/nr_20100921_cgi.html\" target=\"_blank\">More&#8230;<\/a><\/p>\n<p>News selected by Covalence | Country: Global |  Company: The Coca-Cola Company | Source: <a href=\"http:\/\/www.thecoca-colacompany.com\/presscenter\/nr_20100921_cgi.html\" target=\"_blank\">The Coca-Cola Company<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coca-Cola Announces &#8220;5 BY 20&#8221;, An Ambitious Goal to Empower Women Entrepreneurs Across the World. At a plenary session on empowering women at the Clinton Global Initiative, Muhtar Kent, chairman and chief executive officer of\u00c2\u00a0 The Coca-Cola Company, today pledged to empower 5 million women entrepreneurs throughout Coca-Cola&#8217;s global business system by 2020. This pledge&hellip;<\/p>\n","protected":false},"author":665,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"wds_primary_category":0,"wds_primary_post_series":0,"footnotes":""},"categories":[1],"tags":[23],"post_series":[],"class_list":["post-5155","post","type-post","status-publish","format-standard","hentry","category-news","tag-coca-cola-co","entry","no-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/5155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/users\/665"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/comments?post=5155"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/5155\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=5155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=5155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=5155"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=5155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}