President Clinton and Leading CEOs Call on Private Sector to Develop Corporate Solutions to Global Challenges

At the forum, Archer Daniels Midland Company Chairman and CEO Patricia Woertz announced ADM Cares, a social investment program that targets up to one percent of pretax earnings to initiatives that advance societal improvements in areas that are related to the company's business.

Today, the Harvard Kennedy School and the World Bank's International Finance Corporation released a new study on The Coca-Cola Company's Manual Distribution Centers (MDCs). The study demonstrated "the potential of large corporations to build economically viable business linkages with small enterprises in their value chains, which can also have development benefits." The MDCs account for over 80 percent of the company's sales in East Africa while creating small-business ownership opportunities and jobs for an increasing number of first-time entrepreneurs and women. To date, the Coca-Cola system has created over 2,500 MDCs in Africa employing over 12,000 people and generating over $500 million in annual revenues.