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<article xsi:noNamespaceSchemaLocation="http://jats.nlm.nih.gov/publishing/1.1/xsd/JATS-journalpublishing1-mathml3.xsd" dtd-version="1.1" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><front><journal-meta><journal-id journal-id-type="publisher-id">PBES</journal-id><journal-title-group><journal-title>Proceedings of Business and Economic Studies</journal-title></journal-title-group><issn>2209-2641</issn><eissn>2209-265X</eissn><publisher><publisher-name>Bio-Byword Scientific Publishing Pty. Ltd.</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26689/pbes.v7i2.6134</article-id><article-categories><subj-group subj-group-type="heading"><subject>Article</subject></subj-group></article-categories><title>Recognition of Ethics and Sustainability: A Case Study of Coca-Cola</title><url>https://artdesignp.com/journal/PBES/7/2/10.26689/pbes.v7i2.6134</url><author>WangTianfu</author><pub-date pub-type="publication-year"><year>2024</year></pub-date><volume>7</volume><issue>2</issue><history><date date-type="pub"><published-time>2024-04-29</published-time></date></history><abstract>Corporate ethics and sustainable development are receiving increasing attention in today’s society. More and more companies are realizing that ethical and sustainable development is not only a requirement for fulfilling social responsibility but also a key factor for achieving long-term growth and sustainable competitive advantage. As a result, companies are integrating ethics and sustainability into their strategies, decisions, and operations to achieve both business success and social benefit. However, some companies shout sustainability and environmental protection slogans; the actual practice differs from the claim. This paper combined the planning and actual data of the Coca-Cola Company and found that the Coca-Cola Company was suspected of greenwashing. While Coca-Cola does contribute to the environment, there is a difference between what it does and what it says. As for the possibility of this problem, the article also makes a relative solution and assessment.</abstract><keywords/></article-meta></front><body/><back><ref-list><ref id="B1" content-type="article"><label>1</label><element-citation publication-type="journal"><p>Bronfenbrenner U, 1979, The Ecology of Human Development. Harvard University Press, Cambridge.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B2" content-type="article"><label>2</label><element-citation publication-type="journal"><p>Aguinis H, Glavas A, 2012, What We Know and Don’t Know About Corporate Social Responsibility: A Review and Research Agenda. Journal of Management, 38(4): 932–968. https://doi.org/10.1177/0149206311436079</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B3" content-type="article"><label>3</label><element-citation publication-type="journal"><p>Hitt MA, Collins JD, 2007, Business Ethics, Strategic Decision Making, and Firm Performance. Business Horizons, 50(5): 353–357. https://doi.org/10.1016/j.bushor.2007.04.004</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B4" content-type="article"><label>4</label><element-citation publication-type="journal"><p>Dessart L, Standaert W, 2023, Strategic Storytelling in the Age of Sustainability. Business Horizons, 66(3): 371–385. https://doi.org/10.1016/j.bushor.2023.01.005</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B5" content-type="article"><label>5</label><element-citation publication-type="journal"><p>Business Roundtable, 2019, Business Roundtable Redefines the Purpose of A Corporation to Promote ‘An Economy That Serves All Americans’, viewed March 27, 2023, https://www.businessroundtable.org/business-roundtable-redefines-the-purpose-of-a-corporation-to-promote-an-economy-that-serves-all-americans</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B6" content-type="article"><label>6</label><element-citation publication-type="journal"><p>Dessart L, Pitardi V, 2019, How Stories Generate Consumer Engagement: An Exploratory Study. Journal of Business Research, 104: 183–195. https://doi.org/10.1016/j.jbusres.2019.06.045</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B7" content-type="article"><label>7</label><element-citation publication-type="journal"><p>Martínez S, Skeet AG, Sasia PM, 2021, Managing Organizational Ethics: How Ethics Becomes Pervasive Within Organizations. Business Horizons, 64(1): 83–92. https://doi.org/10.1016/j.bushor.2020.09.008</p><pub-id pub-id-type="doi"/></element-citation></ref></ref-list></back></article>
