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Coca-Cola Vows To Axe Suppliers Guilty Of Land Grabbing
Coca-Cola has said it will cut off suppliers that do not follow guidelines to protect the land rights of local communities in developing countries. The soft drinks company also pledged to use its clout to encourage other food and beverage firms, traders – especially of soy, sugar and palm oil – as well as governments to endorse and implement voluntary U.N. guidelines on responsible governance of tenure on land, fisheries and forests. “The Coca-Cola Company believes that land grabbing is unacceptable,” it said.