The Coca-Cola Foundation donated USD $84.5 million to nearly 300 organisations in 2015, ClassFMonline.com has learnt.
These grants will directly benefit communities across more than 70 countries and territories, with approximately 95 per cent of the grants focused on The Coca-Cola Company’s core sustainability priorities of women, water and well-being.
“Since 1984, The Coca-Cola Foundation has given back more than $820 million to communities in more than 200 countries across the world,” said Bea Perez, Chief Sustainability Officer, The Coca-Cola Company. “As the Foundation begins its 32nd year of giving back, we are proud of the increasingly diverse range of projects we support that make a meaningful difference for communities and the environment.”
In 2015, the Foundation awarded approximately $5.5 million to support women’s empowerment initiatives, $26.5 million to support water and environmental initiatives, $48 million to support community strengthening initiatives including education, youth development and HIV/AIDS, and $4.3 million for other important programs that support community improvement, arts and culture, and humanitarian/disaster relief rounding out to total of nearly $85 million given back to communities in 2015.
The Coca-Cola Foundation is the global philanthropic arm of The Coca-Cola Company. Since its inception in 1984, the Foundation has awarded more than $820 million in grants to support sustainable community initiatives around the world.
