Prahalad Award presentation

MR Rangaswami (Corporate Eco Forum founder) and Yvo de Boer (former Executive Secretary of the United Nations Framework Convention on Climate Change, currently Global Advisor, Climate Change & Sustainability at KPMG) present Rick Frazier (VP, Supply Chain, Coca-Cola) with the 2011 C.K. Prahalad Global Sustainability Leadership Award. The award recognizes exceptional, globally significant private sector action that exemplifies the fundamental connection between sustainability, innovation and long-term business success in a globalizing world. Coca-Cola and CEO Muhtar Kent were recognized for their galvanizing international leadership on critical global environmental issues and comprehensive efforts to embed sustainability into core business strategy. As co-chair of the Consumer Goods Forum (CGF), a powerful group of 450 major manufacturers and retailers, Muhtar Kent helped catalyze the Forum’s globally significant commitments announced in 2010: to start phasing out HFC refrigerants beginning in 2015 and to strive for zero net deforestation by 2020 in the procurement of palm oil, soy, beef, and paper products.