Oh..NOOOOO...Say it ain't soooooo!
The Coca-Cola Co. is looking to bolster its tea business and is considering acquisitions to improve its position, reports Reuters.Honest Tea's Seth and Barry have a blog. Go visit. Tell them NO on the Coca Cola dealings. Remind them of what Coca Cola is doing to the water in India!
"Tea is a priority area," Chief Executive Neville Isdell told Reuters on the sidelines of the World Economic Forum. "Tea is one area where we've seen our performance has not been as good as we would like it to be."
He declined to confirm or deny recent reports that Coca-Cola might buy or make an investment in Honest Beverages, the privately held maker of Honest Tea. "The honest answer is we look at everything, and when we decide that we are going to do something, we will let you know," Isdell said. - Gourmet Retailer
Tens of thousands of people all across India are challenging Coca-Cola for its abuse of water resources. Coca-Cola bottling plants have dramatically affected both the quantity and quality of groundwater resources as a result of its operations, making access to water by communities even more difficult.
The company regularly extracts up to one million liters of water per day in some areas in India. The result has been sharp drops in groundwater levels, resulting in severe water shortages for tens of thousands of people.
Coca-Cola's water use ratio in India is 4 to 1 - that is, 75% of the freshwater it extracts is turned into wastewater. The company has indiscriminately discharged its wastewater into the surrounding fields, severely polluting the scarce remaining groundwater as well as soil. - Common Dreams
Well, they did it.
Posted by Anonymous | Tue Feb 05, 07:59:00 AM