Coca-Cola FEMSA de Venezuela S.A. Sustainability Profile
Coca-Cola FEMSA de Venezuela S.A., a prominent player in the beverage industry, is headquartered in Venezuela (VE) and operates extensively across the region. Founded in the early 1990s, the company has established itself as a leading bottler of Coca-Cola products, contributing significantly to the local economy and community. Specialising in the production and distribution of soft drinks, Coca-Cola FEMSA de Venezuela offers a diverse portfolio that includes iconic brands such as Coca-Cola, Fanta, and Sprite. The company is recognised for its commitment to quality and sustainability, setting it apart in a competitive market. With a strong market position, Coca-Cola FEMSA de Venezuela has achieved notable milestones, including advancements in production efficiency and community engagement initiatives. Its dedication to innovation and customer satisfaction continues to drive its success in the Venezuelan beverage landscape.
DitchCarbon Score
How does Coca-Cola FEMSA de Venezuela S.A.'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.
Industry Average
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.
Industry Benchmark
Coca-Cola FEMSA de Venezuela S.A.'s score of 55 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coca-Cola FEMSA de Venezuela S.A. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Coca-Cola FEMSA, S.A.B. de C.V., which may influence its climate commitments and performance metrics. As part of its corporate family, Coca-Cola FEMSA de Venezuela S.A. inherits climate initiatives and targets from its parent company. However, there are no documented reduction targets or climate pledges specific to this subsidiary. The absence of data suggests that the company may still be in the process of establishing its own emissions reporting and reduction strategies. Coca-Cola FEMSA, S.A.B. de C.V. has been known to engage in various sustainability initiatives, which may include commitments to reduce greenhouse gas emissions across its operations. However, without specific data or targets cascaded to Coca-Cola FEMSA de Venezuela S.A., it is challenging to provide a detailed overview of its carbon emissions and climate commitments. In summary, while Coca-Cola FEMSA de Venezuela S.A. is part of a larger organisation with potential climate initiatives, it currently lacks specific emissions data and defined reduction targets.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 567,850,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 50,990,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,279,790,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Coca-Cola FEMSA de Venezuela S.A.'s Industry?
How Carbon Intensive is Coca-Cola FEMSA de Venezuela S.A.'s Location?
Coca-Cola FEMSA de Venezuela S.A.'s Scope 3 Categories Breakdown
Coca-Cola FEMSA de Venezuela S.A.'s Scope 3 emissions, which increased by 4% last year and decreased by approximately 10% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 68% of Scope 3 emissions.
Top Scope 3 Categories
Coca-Cola FEMSA de Venezuela S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Coca-Cola FEMSA de Venezuela S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
