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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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a
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
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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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 2020
b. Coca-Cola's CDP Climate sourced from company’s website 2020

Insights into Coca-Cola's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCoca-Cola amounted to1,348,119metric 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-Colaincreased 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

2019202020212022202320240200 k400 k600 k800 ktCO2e+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 COâ‚‚ equivalent (tCOâ‚‚e).a

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

Since 2019, Coca-Cola's Scope 1 emissions have decreased by 31%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

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 tCOâ‚‚e using the market-based method and 873,706 tCOâ‚‚e using the location-based method.a

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

Since 2019, 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.ab

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

2019202020212022202320240250 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 3of 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 chaina

Coca-Cola's Scope 3 Emissions Over Time

201920202021202220232024015 M30 M45 M60 MtCO2e-7%+15%-93%+15%-16%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 10.97%of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.03%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 2019, Coca-Cola's Scope 3 emissionshave decreased by 92.84%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Coca-Cola's Scope 3 emissions decreased by 15.95%, highlighting the company's efforts to lower indirect emissions from its value chain.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): 3,742,462 tCOâ‚‚e(89.03%)
  • Purchased Goods and Services (Cat. 1): 332,483 tCOâ‚‚e(7.91%)
  • Business Travel (Cat. 6): 128,507 tCOâ‚‚e(3.06%)

Coca-Cola's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(7.9%)Franchises (Cat. 14)(89.0%)Business Travel(Cat. 6)(3.1%)

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 tCOâ‚‚e and total revenues of USD 47,061 millions. This translates into an emissions intensity of 10.08 tCOâ‚‚e per millions USD.a

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

1002,000100,0002,000,00050,000,000Scope 1 Emissions (tCO2e)1001,00020,000200,0002,000,000Revenues (Millions of USD)KSPrimo BrandsYear: 2024Scope 1: 285,855 tCO2eRevenue: $M 5,152Scope 1 Intensity: 55.48 tCO2e/$MUS 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: 2024Scope 1: 412,646 tCO2eRevenue: $M 25,846Scope 1 Intensity: 15.97 tCO2e/$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: $M 19,969Scope 1 Intensity: 9.78 tCO2e/$MPilgrims PrideYear: 2024Scope 1: 1,027,389 tCO2eRevenue: $M 17,878Scope 1 Intensity: 57.47 tCO2e/$MKeurig Dr PepperYear: 2024Scope 1: 295,720 tCO2eRevenue: $M 15,351Scope 1 Intensity: 19.26 tCO2e/$MAltria GroupYear: 2024Scope 1: 111,382 tCO2eRevenue: $M 20,444Scope 1 Intensity: 5.45 tCO2e/$MUnited Natural FoodsYear: 2023Scope 1: 344,074 tCO2eRevenue: $M 30,272Scope 1 Intensity: 11.37 tCO2e/$MSSSkillsoftYear: 2024Scope 1: 423 tCO2eRevenue: $M 531Scope 1 Intensity: 0.80 tCO2e/$MTurning Point BrandsYear: 2020Scope 1: 1,981 tCO2eRevenue: $M 405Scope 1 Intensity: 4.89 tCO2e/$MTreeHouse FoodsYear: 2024Scope 1: 133,391 tCO2eRevenue: $M 3,354Scope 1 Intensity: 39.77 tCO2e/$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: 2024Scope 1: 9,030,000 tCO2eRevenue: $M 680,985Scope 1 Intensity: 13.26 tCO2e/$MConagra BrandsYear: 2024Scope 1: 490,454 tCO2eRevenue: $M 12,051Scope 1 Intensity: 40.70 tCO2e/$MJ M SmuckerYear: 2024Scope 1: 165,414 tCO2eRevenue: $M 8,179Scope 1 Intensity: 20.23 tCO2e/$MDollar GeneralYear: 2024Scope 1: 692,872 tCO2eRevenue: $M 40,612Scope 1 Intensity: 17.06 tCO2e/$MIngredionYear: 2024Scope 1: 1,825,070 tCO2eRevenue: $M 7,430Scope 1 Intensity: 245.64 tCO2e/$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 tCOâ‚‚e per millions USD. Compared to the peer group median of 15.97, 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 7 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.12% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.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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