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Statement of Corporate Accountability International Associate Campaigns Director Gigi Kellett at the Annual Shareholders' Meeting of Coca-Cola Wilmington, DE - April 19, 2005 Good morning. My name is Gigi Kellett and I am the Associate Campaigns Director of Corporate Accountability International, formerly Infact. Corporate Accountability International is a membership organization that protects people by waging and winning campaigns challenging irresponsible and dangerous corporate actions around the world. For over 25 years, we've forced corporations--like Nestlé, General Electric and Philip Morris/Altria--to stop abusive actions. Last November, in response to people's concerns about the threat Coke poses to water resources around the world, our members began challenging your corporation. Water is a basic human right and people's lack of access to water is an emerging global crisis. The United Nations estimates that by the year 2025, two-thirds of the world's population will not have access to enough water if current trends are not reversed. Your corporation is a leader in an industry that drains water supplies to sell as bottled water and make soft drinks, turning a right into a commodity. In India, your bottling facilities have had devastating impacts on local communities. Your operations have drained so much water that at least five Indian communities face severe water shortages and health problems. Coke gets away with these irresponsible and dangerous actions because of its political and economic clout. The movement challenging your corporation's abuses is growing. In just a few months, thousands of Corporate Accountability International members and activists have joined with allies in India to demand that you stop stealing water, starting by: 1) Never reopening your plant in Plachimada; 2) Closing your plant in Mehdiganj; and 3) Paying for the damage you've done to affected communities. Here are a few examples:
Your corporation's shareholders and the financial community are watching closely. Mr. Isdell, how do you plan to address this growing pressure demanding an end to your corporation's irresponsible and dangerous actions?
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Related Links: Activists Challenge Coca-Cola Over Water Abuses at Annual Shareholders' Meeting |