Coca Cola HBC AG
Coca Cola HBC's GHG Emissions Data Preview
In 2024, Coca Cola HBC completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Coca Cola HBC has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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cVerified Sources Behind Coca Cola HBC’s Greenhouse Gas (GHG) Emissions Data
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Insights into Coca Cola HBC's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Coca Cola HBC amounted to 684,789 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Coca Cola HBC increased by 5.23%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Coca Cola HBC's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Coca Cola HBC's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Coca Cola HBC were 342,742 metric tons of CO₂ equivalent (tCO₂e). a
Has Coca Cola HBC reduced its Scope 1 emissions over time?
Since 2018, Coca Cola HBC's Scope 1 emissions have increased by 27.55%, reflecting a rising long-term trend in Scope 1 emissions over time. a d
Compared to the previous year (2023), Coca Cola HBC's Scope 1 emissions increased by 27.48%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Coca Cola HBC's Scope 2 emissions?
In 2024, Coca Cola HBC reported Scope 2 greenhouse gas (GHG) emissions of 111,670 tCO₂e using the market-based method and 342,047 tCO₂e using the location-based method. a
Has Coca Cola HBC reduced its Scope 2 emissions over time?
Since 2018, Coca Cola HBC's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Coca Cola HBC 's emissions have plateaued with no significant change in its energy consumption footprint. a d
Compared to the previous year (2023), Coca Cola HBC's Scope 2 emissions (Location-Based) fell by 10.43% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b
What methodology does Coca Cola HBC use for Scope 2 reporting?
In 2024, Coca Cola HBC reported its Scope 2 emissions using the market-based method and using the location-based method. a
Coca Cola HBC's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Coca Cola HBC's Value Chain Emissions
In 2024, Coca Cola HBC reported 4,135,467 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Coca Cola HBC includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Coca Cola HBC's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Coca Cola HBC's Scope 3 emissions?
In 2024, Coca Cola HBC reported total Scope 3 emissions of 4,135,467 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 78.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.99% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Coca Cola HBC reduced its Scope 3 emissions over time?
Since 2018, Coca Cola HBC's Scope 3 emissions have remained relatively stable, indicating that Coca Cola HBC 's emissions have plateaued with no significant change in its value chain footprint. a d
Compared to the previous year (2023), Coca Cola HBC's Scope 3 emissions remained relatively stable, indicating that Coca Cola HBC 's emissions have plateaued with no significant change in its value chain footprint. a b
What categories of Scope 3 emissions does Coca Cola HBC disclose?
In 2024, Coca Cola HBC reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Coca Cola HBC's Scope 3 emissions?
In 2024, the largest contributors to Coca Cola HBC's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 3,017,956 tCO₂e (72.98%)
- Downstream Leased Assets (Cat. 13): 806,639 tCO₂e (19.51%)
- Upstream Transportation and Distribution (Cat. 4): 193,241 tCO₂e (4.67%)
Coca Cola HBC's Scope 3 Emissions by Categories
Insights into Coca Cola HBC’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Coca Cola HBC reported Scope 1 greenhouse gas (GHG) emissions of 342,742 tCO₂e and total revenues of USD 9,685 millions. This translates into an emissions intensity of 35.39 tCO₂e per millions USD. a
Coca Cola HBC's Scope 1 Emissions Intensity Compared to Peers
How does Coca Cola HBC's GHG emissions intensity compare to its peers?
In 2024, Coca Cola HBC reported a Scope 1 emissions intensity of 35.39 tCO₂e per millions USD. Compared to the peer group median of 32.14 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Coca Cola HBC rank on GHG emissions intensity within its industry?
In 2024, Coca Cola HBC ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Coca Cola HBC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Coca Cola HBC's Total Carbon Footprint
In 2024, Coca Cola HBC reported a total carbon footprint of 4,820,256 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.77% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Coca Cola HBC's total carbon footprint was Scope 3 emissions, accounting for 85.79% of the company's total carbon footprint, followed by Scope 1 emissions at 7.11%. a