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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Coca-Cola were 474,413 metric tons of CO₂ equivalent (tCO₂e). a
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
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
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
In 2024, Coca-Cola reported its Scope 2 emissions using the market-based method and using the location-based method. a
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
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
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
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.
In 2024, the largest contributors to Coca-Cola's Scope 3 emissions were: a
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
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
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
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