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Boycott won’t fix problems — Coca-Cola

The Coca-Cola System has always been and will continue to be a strong partner of the Philippine sugar industry.
“We are deeply concerned that the misunderstanding on the importation of High Fructose Corn Syrup (HFCS) has affected our relationship with the sugar industry and the people we proudly serve in the Negros region,” the company said.
“We believe that, at times when there is a disagreement, there are always viable solutions that all sides can amicably reach in an atmosphere of respect and openness. The misguided call to boycott our products is not one of them. We are disappointed that the industry that we have long considered our partners are pushing for this,” it said.
Coca-Cola said the call to boycott its products affects many more workers and consumers along the economic value chain than some of it’s partners in the sugar industry realize.
“The truth is that the loss of sales from a boycott will hit the local communities the hardest: These are not lost profits, so much as they are money taken away from the people who work the most — the sugar farmers themselves; the small micro-entrepreneurs who sell our products; the men and women behind the local businesses that sell us ingredients or packaging and who stock their shelves with our products,” it said.
“In fact, our bottling facility in Negros Occidental produces beverages with 100% locally-sourced sugar. Moreover, Coca-Cola is expanding our bottling operations in Bacolod City by adding a new production line worth $17 million,” the firm added.
Aside from supporting the local sugar industry, Coca-Cola said it has been able to positively impact Filipino communities through its sustainability programs.
In the Negros region alone, the company’s women economic empowerment program, the 5by20 Sari-Sari Store Training and Access to Resources (STAR) Program, has impacted over 5,000 women micro-entrepreneurs in the province.
It said the water access program of Coca-Cola, AGOS, which provides a water system that elevates water without need for electricity, has reached communities in Negros.
AGOS has been able to provide access to fresh water, approximately 25,900 liters of water — and fresh starts — daily to these communities, the company said.
Coca-Cola remains a main driver of the sugar industry’s growth. A study conducted by the University of the Philippines and the Sugar Regulatory Administration, found that the beverage industry uses 40 percent of the total Philippine sugar production, a bulk of which Coca-Cola purchases.
“We especially recognize that integral to this is maintaining a healthy agricultural supply chain by ensuring the welfare of all of its parts. This boycott will, unfortunately, threaten the sugar industry itself by targeting the very people who patronize and support it,” it said.

1 comment

  • Hong Dirago

    i'm not used to the new Yahoo! Pulse that comes with your email. i like blogging though...and i don't know how to change the blog settings to make your posts invisible to everyone except you and stuff. help please DX.

    Hong Dirago Friday, 21 April 2017 18:23 Comment Link

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