(Market Watch) — At a plenary session on empowering women at the Clinton Global Initiative, Muhtar Kent, chairman and chief executive officer of The Coca-Cola Company, today pledged to empower 5 million women entrepreneurs throughout Coca-Cola’s global business system by 2020.
This pledge builds upon a commitment made by The Coca-Cola Company in 2008 to the United Nations “Business Call to Action” to grow the Company’s Micro Distribution Centers (MDCs) in Africa. MDCs are an independent network of entrepreneurs who distribute Coca-Cola’s beverage products to retailers, often by bicycle or pushcart. At last year’s Clinton Global Initiative, the Company committed that 50% of all new MDCs would be run by women. The Company is well on track to achieve both targets as part of its commitments to the UN Millennium Development Goals.
