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 2022, 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Coca-Cola's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Coca-Cola amounted to 1,424,306 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).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Coca-Cola decreased by 0.07%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Coca-Cola's Scope 1 Emissions Over Time

201820192020202120220200 k400 k600 k800 ktCO2e-3%+15%-30%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Coca-Cola's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Coca-Cola were 533,906 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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

Since 2018, Coca-Cola's Scope 1 emissions have decreased by 24.5%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Coca-Cola's Scope 1 emissions decreased by 3.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Coca-Cola's Scope 2 emissions?

In 2022, Coca-Cola reported Scope 2 greenhouse gas (GHG) emissions of 716,045 tCOâ‚‚e using the market-based method, and 890,400 tCOâ‚‚e using the location-based method.

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

Since 2018, Coca-Cola's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 11.17%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), 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.

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

In 2022, Coca-Cola reported its Scope 2 emissions using the market-based method and using the location-based method.

Coca-Cola's Scope 2 Emissions Over Time

201820192020202120220250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Coca-Cola's Value Chain Emissions

In 2022, Coca-Cola reported 60,093,261 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2022 disclosure of Coca-Cola includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Coca-Cola's Scope 3 Emissions Over Time

20182019202020212022020 M40 M60 M80 MtCO2e-2%-7%+15%+4%
  • Total Scope 3
  • Year-over-Year Change

What are Coca-Cola's Scope 3 emissions?

In 2022, Coca-Cola reported total Scope 3 emissions of 60,093,261 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 63.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 36.91% came from downstream activities like product use, distribution, and end-of-life treatment.

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

Since 2018, Coca-Cola's Scope 3 emissions have remained relatively stable, indicating that Coca-Cola 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2021), 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.

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

In 2022, Coca-Cola reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2022, the largest contributors to Coca-Cola's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 33,754,685 tCOâ‚‚e (56.17%)
  • Processing of Sold Products (Cat. 10): 18,226,931 tCOâ‚‚e (30.33%)
  • Franchises (Cat. 14): 3,953,830 tCOâ‚‚e (6.58%)

Coca-Cola's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(56.2%)Processing of SoldProducts (Cat. 10)(30.3%)Franchises (Cat. 14)(6.6%)

Insights into Coca-Cola's Total Carbon Footprint

In 2022, Coca-Cola reported a total carbon footprint of 61,517,567 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.59% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Coca-Cola's total carbon footprint was Scope 3 emissions, accounting for 97.68% of the company's total carbon footprint, followed by Scope 2 emissions at 1.45%.

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