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 62 is higher than 68% 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 5,000,000,000 kg CO2e, comprising 292,106,000 kg CO2e from Scope 1, 844,848,000 kg CO2e from Scope 2, and a significant 4,484,403,000 kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency in their environmental impact, with emissions disclosed across all relevant scopes. Coca-Cola has set ambitious targets to reduce its greenhouse gas emissions. The company aims to achieve a 25% reduction in absolute Scope 1, 2, and 3 emissions by 2030, using 2015 as the baseline year. This target is part of a broader strategy to mitigate climate impact across its entire value chain, including its bottling partners. Additionally, Coca-Cola is committed to achieving net zero emissions by 2050. In previous years, the company has made strides in reducing its emissions, with a reported decrease in Scope 1 emissions from 304,144,000 kg CO2e in 2022 to 292,106,000 kg CO2e in 2023. Similarly, Scope 2 emissions decreased from 890,400,000 kg CO2e in 2022 to 844,848,000 kg CO2e in 2023. However, Scope 3 emissions saw an increase from 4,363,071,000 kg CO2e in 2022 to 4,484,403,000 kg CO2e in 2023, indicating a need for further action in this area. Coca-Cola's climate commitments are aligned with the Science Based Targets initiative (SBTi), reinforcing their dedication to sustainable practices and accountability in reducing their carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2004 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 573,143,000 | - | 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 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 885,145,000 | - | 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 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - | - | - | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.