Coca-Cola Co

Common Name
Coca-Cola
Country
United States
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Employees
69,700
Ticker
KO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
The Coca-Cola Company is a leading multinational beverage corporation, renowned for its signature product, Coca-Cola, a carbonated soft drink that ranks among the most recognized brands globally. Foun...

Coca-Cola's GHG Emissions Data Preview

In 2024, Coca-Cola 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 has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
0000000
Total Scope 3
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Coca-Cola’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Coca-Cola’s data sources below and access millions more through our Disclosure Search.

a. Coca-Cola's Environmental Progress Report 2024
a. Coca-Cola's Environmental Progress Report 2024
b. Coca-Cola's CDP Climate sourced from company’s website 2019
b. Coca-Cola's CDP Climate sourced from company’s website 2019

Insights into Coca-Cola's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Coca-Cola amounted to 1,348,119 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 increased by 18.57%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Coca-Cola's Scope 1 Emissions Over Time

20182019202020212022202320240200 k400 k600 k800 ktCO2e-3%+15%-30%-45%-4%+62%
  • Total Scope 1
  • Year-over-Year Change

What are Coca-Cola's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Coca-Cola were 474,413 metric tons of CO₂ equivalent (tCO₂e). a

Has Coca-Cola reduced its Scope 1 emissions over time?

Since 2018, Coca-Cola's Scope 1 emissions have decreased by 32.91%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Coca-Cola's Scope 1 emissions increased by 62.41%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Coca-Cola's Scope 2 emissions?

In 2024, Coca-Cola reported Scope 2 greenhouse gas (GHG) emissions of 812,050 tCO₂e using the market-based method and 873,706 tCO₂e using the location-based method. a

Has Coca-Cola reduced its Scope 2 emissions over time?

Since 2018, Coca-Cola's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Coca-Cola 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), Coca-Cola's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Coca-Cola 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Coca-Cola use for Scope 2 reporting?

In 2024, Coca-Cola reported its Scope 2 emissions using the market-based method and using the location-based method. a

Coca-Cola's Scope 2 Emissions Over Time

20182019202020212022202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Coca-Cola's Value Chain Emissions

In 2024, Coca-Cola reported 3,870,969 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 includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Coca-Cola's Scope 3 Emissions Over Time

2018201920202021202220232024015 M30 M45 M60 MtCO2e-2%-7%+15%-92%-9%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Coca-Cola's Scope 3 emissions?

In 2024, Coca-Cola reported total Scope 3 emissions of 3,870,969 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 9.22% of these emissions originated from upstream activities such as purchased goods and capital goods, while 90.78% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Coca-Cola reduced its Scope 3 emissions over time?

Since 2018, Coca-Cola's Scope 3 emissions have decreased by 92.98%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Coca-Cola's Scope 3 emissions remained relatively stable, indicating that Coca-Cola 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Coca-Cola disclose?

In 2024, Coca-Cola reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Coca-Cola's Scope 3 emissions?

In 2024, the largest contributors to Coca-Cola's Scope 3 emissions were: a

  • Franchises (Cat. 14): 4,538,363 tCO₂e (90.78%)
  • Purchased Goods and Services (Cat. 1): 332,483 tCO₂e (6.65%)
  • Business Travel (Cat. 6): 128,507 tCO₂e (2.57%)

Coca-Cola's Scope 3 Emissions by Categories

Franchises (Cat. 14)(90.8%)Purchased Goods andServices (Cat. 1)(6.7%)Business Travel(Cat. 6)(2.6%)

Insights into Coca-Cola’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Coca-Cola reported Scope 1 greenhouse gas (GHG) emissions of 474,413 tCO₂e and total revenues of USD 47,061 millions. This translates into an emissions intensity of 10.08 tCO₂e per millions USD. a

Coca-Cola's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0002,000,00050,000,000Scope 1 Emissions (tCO2e)1001,00020,000200,0002,000,000Revenues (Millions of USD)KUS Foods HoldingYear: 2024Scope 1: 548,837 tCO2eRevenue: $M 37,877Scope 1 Intensity: 14.49 tCO2e/$MDollar TreeYear: 2023Scope 1: 380,687 tCO2eRevenue: $M 30,604Scope 1 Intensity: 12.44 tCO2e/$MPhilip Morris InternationalYear: 2024Scope 1: 288,574 tCO2eRevenue: $M 37,878Scope 1 Intensity: 7.62 tCO2e/$MMonster BeverageYear: 2023Scope 1: 15,259 tCO2eRevenue: $M 7,140Scope 1 Intensity: 2.14 tCO2e/$MKKKraft HeinzYear: 2023Scope 1: 455,972 tCO2eRevenue: $M 26,640Scope 1 Intensity: 17.12 tCO2e/$MPepsiCoYear: 2024Scope 1: 3,295,259 tCO2eRevenue: $M 91,854Scope 1 Intensity: 35.88 tCO2e/$MBJ's Wholesale Club HoldingsYear: 2023Scope 1: 195,376 tCO2eRevenue: $M 19,969Scope 1 Intensity: 9.78 tCO2e/$MEstee Lauder CompaniesYear: 2024Scope 1: 36,600 tCO2eRevenue: $M 15,608Scope 1 Intensity: 2.35 tCO2e/$MJ&J Snack FoodsYear: 2024Scope 1: 21,562 tCO2eRevenue: $M 1,575Scope 1 Intensity: 13.69 tCO2e/$MTargetYear: 2023Scope 1: 818,148 tCO2eRevenue: $M 107,412Scope 1 Intensity: 7.62 tCO2e/$MKeurig Dr PepperYear: 2023Scope 1: 286,787 tCO2eRevenue: $M 14,814Scope 1 Intensity: 19.36 tCO2e/$MKenvueYear: 2024Scope 1: 56,538 tCO2eRevenue: $M 15,455Scope 1 Intensity: 3.66 tCO2e/$MAltria GroupYear: 2023Scope 1: 118,646 tCO2eRevenue: $M 20,502Scope 1 Intensity: 5.79 tCO2e/$MUnited Natural FoodsYear: 2022Scope 1: 368,909 tCO2eRevenue: $M 28,928Scope 1 Intensity: 12.75 tCO2e/$MTurning Point BrandsYear: 2020Scope 1: 1,981 tCO2eRevenue: $M 405Scope 1 Intensity: 4.89 tCO2e/$MTreeHouse FoodsYear: 2023Scope 1: 125,035 tCO2eRevenue: $M 3,432Scope 1 Intensity: 36.44 tCO2e/$MGeneral MillsYear: 2024Scope 1: 307,700 tCO2eRevenue: $M 19,857Scope 1 Intensity: 15.50 tCO2e/$MMondelez InternationalYear: 2024Scope 1: 875,000 tCO2eRevenue: $M 36,441Scope 1 Intensity: 24.01 tCO2e/$MWalmartYear: 2023Scope 1: 8,110,000 tCO2eRevenue: $M 648,126Scope 1 Intensity: 12.51 tCO2e/$MConagra BrandsYear: 2023Scope 1: 392,471 tCO2eRevenue: $M 12,277Scope 1 Intensity: 31.97 tCO2e/$MJ M SmuckerYear: 2022Scope 1: 197,694 tCO2eRevenue: $M 7,999Scope 1 Intensity: 24.72 tCO2e/$MArcher-Daniels-Midland CoYear: 2024Scope 1: 12,300,000 tCO2eRevenue: $M 85,530Scope 1 Intensity: 143.81 tCO2e/$MCoca-ColaYear: 2024Scope 1: 474,413 tCO2eRevenue: $M 47,061Scope 1 Intensity: 10.08 tCO2e/$M

How does Coca-Cola's GHG emissions intensity compare to its peers?

In 2024, Coca-Cola reported a Scope 1 emissions intensity of 10.08 tCO₂e per millions USD. Compared to the peer group median of 13.22 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Coca-Cola rank on GHG emissions intensity within its industry?

In 2024, Coca-Cola ranked 9 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Coca-Cola 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's Total Carbon Footprint

In 2024, Coca-Cola reported a total carbon footprint of 5,219,088 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.61% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Coca-Cola's total carbon footprint was Scope 3 emissions, accounting for 74.17% of the company's total carbon footprint, followed by Scope 2 emissions at 16.74%. a

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