The Coca-Cola Company, a global leader in the beverage industry, is headquartered in the United States. Founded in 1886, this iconic brand has evolved significantly, marking key milestones such as the introduction of Diet Coke in 1982 and the acquisition of various beverage brands over the decades. Coca-Cola operates in numerous regions worldwide, with a diverse portfolio that includes soft drinks, juices, teas, and bottled water. Its flagship product, Coca-Cola, is renowned for its unique flavour and extensive marketing campaigns, solidifying its position as a household name. With a commitment to sustainability and innovation, Coca-Cola continues to adapt to changing consumer preferences, maintaining a strong market presence and achieving notable accolades in the beverage sector.
How does Coca Cola's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Beverage Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Coca Cola's score of 53 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, The Coca-Cola Company reported total carbon emissions of approximately 292,106,000 kg CO2e for Scope 1, 844,848,000 kg CO2e for Scope 2, and 4,484,403,000 kg CO2e for Scope 3 emissions. This reflects a commitment to reducing its greenhouse gas emissions across all scopes. The company has set an ambitious target to achieve a 25% reduction in absolute Scope 1, 2, and 3 emissions by 2030, using 2015 as the baseline year. This target aligns with the Science Based Targets initiative (SBTi) and is consistent with the reductions necessary to limit global warming to 2°C. Coca-Cola's emissions have shown fluctuations over the years, with significant reductions in Scope 1 and 2 emissions noted in recent years. For instance, in 2020, the company reported Scope 1 emissions of 793,460,000 kg CO2e and Scope 2 emissions of 802,707,000 kg CO2e. The company continues to focus on sustainability initiatives aimed at reducing its carbon footprint and enhancing operational efficiency. Overall, Coca-Cola's climate commitments reflect a proactive approach to addressing climate change, with a clear roadmap for reducing emissions in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,800,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 3,500,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Coca Cola is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.