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 37 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 greenhouse gas emissions of approximately 4,484,403,000 kg CO2e, comprising 292,106,000 kg CO2e from Scope 1, 844,848,000 kg CO2e from Scope 2, and 4,484,403,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering all relevant scopes. Coca-Cola has set an ambitious target to reduce absolute greenhouse gas emissions across all scopes by 25% by 2030, using 2015 as the baseline year. This target encompasses Scope 1, Scope 2, and Scope 3 emissions, aligning with the Science Based Targets initiative (SBTi) to ensure their goals are consistent with climate science and the need to limit global warming to 2°C. Over the years, Coca-Cola has made significant strides in reducing its emissions. For instance, in 2021, the company reported Scope 1 emissions of 325,833,000 kg CO2e and Scope 2 emissions of 869,832,000 kg CO2e, indicating a proactive approach to managing their carbon footprint. The company continues to focus on sustainability initiatives aimed at further reducing emissions and enhancing operational efficiency.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2011 | 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 | 0,000,000,000 | 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 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - | - | 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 committed to some reduction initiatives 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.