Arca Continental

Tent México, A Coalition of 46 Companies, Launches With Shared Commitment to Connect Refugees and Migrants to Jobs in Mexico

Retrieved on: 
Wednesday, February 7, 2024

Tent México is Tent's first national coalition to launch in Latin America, adding to existing coalitions in Canada, France, Spain and the United States.

Key Points: 
  • Tent México is Tent's first national coalition to launch in Latin America, adding to existing coalitions in Canada, France, Spain and the United States.
  • * Only 7% of respondents in Mexico reported being less likely to buy from companies hiring refugees.
  • Tent México will provide a range of free services to companies that will support their efforts to connect refugees and migrants, of all backgrounds, to work.
  • We look forward to building upon this success and deepening our work with Tent to welcome even more refugees and migrants into the FEMSA workforce."

Oceana: Coca-Cola and Pepsi’s plastic packaging use increases by hundreds of millions of pounds

Retrieved on: 
Friday, November 3, 2023

The Coca-Cola Company increased its use of plastic packaging by over 6% or over 454 million pounds (206,000 metric tons) to a reported 3.43 million metric tons in 2022.

Key Points: 
  • The Coca-Cola Company increased its use of plastic packaging by over 6% or over 454 million pounds (206,000 metric tons) to a reported 3.43 million metric tons in 2022.
  • PepsiCo increased its use of plastic packaging by 4% or over 220 million pounds (100,000 metric tons) to a reported 2.6 million metric tons in 2022.
  • And, both companies reported no progress on having more plastic – by weight – in reusable packaging.
  • 1 The reporting in the annual progress report does not include annual increases in plastic use for the companies reporting.

KKR Appoints Kimberly A. Ross as New Independent Director

Retrieved on: 
Monday, September 25, 2023

KKR & Co. Inc. (NYSE: KKR) today announced that Kimberly A. Ross has been appointed to the Board of Directors of KKR & Co. Inc. (the “Company” and, together with its subsidiaries, “KKR”) effective September 20, 2023.

Key Points: 
  • KKR & Co. Inc. (NYSE: KKR) today announced that Kimberly A. Ross has been appointed to the Board of Directors of KKR & Co. Inc. (the “Company” and, together with its subsidiaries, “KKR”) effective September 20, 2023.
  • Her appointment will bring the number of independent directors to ten out of a total of fourteen Board seats.
  • View the full release here: https://www.businesswire.com/news/home/20230925481013/en/
    KKR Appoints Kimberly A. Ross as New Independent Director (Photo: Business Wire)
    Ms. Ross is the former Chief Financial Officer of several public companies, including WeWork Inc., Baker Hughes Company, Avon Products, Inc., and Royal Ahold N.V.
  • The Company’s other independent directors include Adriane Brown (Managing Partner of Flying Fish Partners), Matthew Cohler (former General Partner at Benchmark), Mary Dillon (President and Chief Executive Officer of Foot Locker, Inc.), Arturo Gutiérrez Hernández (Chief Executive Officer of Arca Continental, S.A.B.

Why Closing the Hispanic Leadership Gap in Tech is so Important

Retrieved on: 
Thursday, September 14, 2023

MIAMI, Sept. 14, 2023 /PRNewswire-PRWeb/ -- Although there have been advancements over the years, the broad field of technology still lacks diversity. With Hispanic Heritage month kicking off September 15, now is a good time to celebrate the many accomplishments of our Hispanic colleagues and leaders, while reflecting on the state of diversity in tech. Black, female, Latino/a, and other minorities remain greatly underrepresented throughout the tech industry.

Key Points: 
  • With Hispanic Heritage month kicking off September 15, now is a good time to celebrate the many accomplishments of our Hispanic colleagues and leaders, while reflecting on the state of diversity in tech.
  • Black, female, Latino/a, and other minorities remain greatly underrepresented throughout the tech industry.
  • In 2014, Google reported that only 2.9% of its 50,000 employees were Hispanic and only 1.9% were black.
  • It's important to create pathways for more diverse talent to get involved in tech.

The Coca-Cola Company and Eight Leading Bottling Partners Announce Creation of Sustainability-Focused Venture Capital Fund in Partnership with Greycroft

Retrieved on: 
Wednesday, July 12, 2023

The system has a long history of investment in sustainability-focused projects that continue to make a difference in issues of global importance.

Key Points: 
  • The system has a long history of investment in sustainability-focused projects that continue to make a difference in issues of global importance.
  • For example:
    In Latin America, The Coca-Cola Company and Arca Continental have invested in leading recycled PET processing company PetStar; Coca-Cola FEMSA has invested in IMER and a high-tech PET recycling plant, PLANETA.
  • In the Philippines, Coca-Cola Beverages Philippines and Indorama Ventures invested in PETValue, the largest PET recycling plant in the country.
  • Swire Coca-Cola has invested in establishing the first food-grade ready plastic recycling facility in Hong Kong.

Arca Continental Coca-Cola Southwest Beverages Sponsors New Technology Labs for Boys & Girls Clubs of San Antonio

Retrieved on: 
Thursday, June 8, 2023

Arca Continental Coca-Cola Southwest Beverages (CCSWB) has partnered with Boys & Girls Clubs of San Antonio (BGCSA) to bring three new technology centers to Club members in the community.

Key Points: 
  • Arca Continental Coca-Cola Southwest Beverages (CCSWB) has partnered with Boys & Girls Clubs of San Antonio (BGCSA) to bring three new technology centers to Club members in the community.
  • View the full release here: https://www.businesswire.com/news/home/20230608005070/en/
    Coca-Cola Southwest Beverages team members in the new technology lab with Boys and Girls Club San Antonio members (Photo: Business Wire)
    This project will support more than 570 members served at BGCSA’s Calderon, Eastside and Mays Clubhouses.
  • Across all BGCSA Clubhouses, 95% of youth served are from historically marginalized communities that often lack equitable access to technology.
  • The labs renovated and furnished by CCSWB will help bridge the digital divide that greatly impacts much of San Antonio’s youth.

Coca-Cola and Its Bottlers Regress on Reuse Goal, Produce Billions More Single-Use Plastic Bottles

Retrieved on: 
Thursday, May 18, 2023

WASHINGTON, D. C., May 18, 2023 (GLOBE NEWSWIRE) -- Despite its commitment to increase the overall share of its products sold in reusable packaging to 25% by 2030, The Coca-Cola Company's share of products sold in reusable packaging declined in 2022. The company, in its latest sustainability report, announced that the share of its products sold in reusable containers was 14% in 2022. This is a decline of two percentage points from the 16% share disclosed when the company announced its pledge last year. Oceana estimates, based on the company’s total reported volume of sales, that the reported two percentage point decline in share could mean Coca-Cola instead produced the equivalent of an additional 5.8 billion 500ml (16.9 US fl. oz) single-use plastic bottles and cups over the last two years in place of reusable packaging.1

Key Points: 
  • oz) single-use plastic bottles and cups over the last two years in place of reusable packaging.1
    The company did not highlight the decline nor explain it in its sustainability report.
  • The Coca-Cola Company – in its sustainability report – also reported that its overall use of plastic packaging and virgin plastic increased in 2022.
  • Coca-Cola FEMSA has reported that by using refillable bottles, greenhouse gas emissions can be reduced by up to 47% compared to single-use plastic bottles.
  • By doing so, these beverage and bottling giants can prevent billions of single-use plastic bottles and cups from entering our oceans.

Tag Americas Receives Bronze for 2023 Shop! Association Award for Outstanding Merchandising Achievement

Retrieved on: 
Thursday, May 18, 2023

NEW YORK, May 18, 2023 /PRNewswire/ -- Tag, a leading independent global creative production powerhouse to brands and agencies, received a Shop! Association Bronze in the 2023 Outstanding Merchandising Achievement Award, Carbonated Drinks category, Temporary Division.

Key Points: 
  • NEW YORK, May 18, 2023 /PRNewswire/ -- Tag , a leading independent global creative production powerhouse to brands and agencies, received a Shop!
  • Association Bronze in the 2023 Outstanding Merchandising Achievement Award, Carbonated Drinks category, Temporary Division.
  • In partnership with Coca-Cola Southwest Beverages (CCSWB), and supplier, Flower City Group, Tag Americas created an impressive 5-stack fall football Coca-Cola display.
  • Winners of the 2023 Outstanding Merchandising Achievement Awards were revealed and honored at Shop!

NYU Stern Center for Sustainable Business and HSBC Bank USA Launch Framework to Drive Investment in the Food and Beverage Sustainability Initiatives, Maximizing Impact and Financial Returns

Retrieved on: 
Wednesday, May 10, 2023

HSBC Bank USA, in partnership with NYU Stern Center for Sustainable Business (CSB), today announced the release of the Food and Agriculture Sustainability Strategies Framework.

Key Points: 
  • HSBC Bank USA, in partnership with NYU Stern Center for Sustainable Business (CSB), today announced the release of the Food and Agriculture Sustainability Strategies Framework.
  • Grounded in the ROSI™ (Return on Sustainability Investment) methodology developed by CSB, the unique framework helps sustainability and financial leaders within food and agriculture companies make the business case for sustainability initiatives that will deliver both financial value and positive societal impact.
  • This marks the second framework created between NYU Stern Center for Sustainable Business and HSBC Bank USA, building upon the Apparel Industry Sustainable Strategies Framework announced in 2020.
  • For additional information on the Food and Agriculture Sustainability Strategies Framework, please click here .

Coca-Cola plastic packaging up by 8.8% in one year

Retrieved on: 
Friday, November 4, 2022

This increase coincides with findings from the report that the company failed to make any meaningful progress towards meeting its pledges to increase recycled content in its plastic packaging and decrease its use of virgin plastic packaging.

Key Points: 
  • This increase coincides with findings from the report that the company failed to make any meaningful progress towards meeting its pledges to increase recycled content in its plastic packaging and decrease its use of virgin plastic packaging.
  • How can the company use an additional 500 million pounds of plastic in one year and at the same time consider itself to be addressing its plastic problem?
  • Bottles with recycled content will still be thrown away, sent to landfills, burned, or littered.
  • Just a 10% increase in refillable bottles in all coastal countries could reduce marine plastic bottle pollution by 22%.