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)2022202120202019 - 2017
Total Scope 1
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a
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b
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Total Scope 2
Market-Based
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b
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c
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Location-Based
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a
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b
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c
0000000
Total Scope 3
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a
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b
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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c
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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 CDP Climate sourced from company’s website 2023
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b. Coca-Cola's CDP Climate sourced from company’s website 2022
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c. Coca-Cola's CDP Climate sourced from company’s website 2021
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d. Coca-Cola's CDP Climate sourced from company’s website 2019
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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). a

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. a b

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 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 24.5%, reflecting a declining long-term trend in Scope 1 emissions over time. a d

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. a b

What are Coca-Cola's Scope 2 emissions?

In 2022, Coca-Cola reported Scope 2 greenhouse gas (GHG) emissions of 716,045 tCO₂e using the market-based method and 890,400 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 increased by 11.17%, reflecting a rising long-term trend in Scope 2 emissions over time. a d

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. a b

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. a

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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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 a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a d

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. a b

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. a

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: a

  • Purchased Goods and Services (Cat. 1): 33,754,685 tCO₂e (56.17%)
  • Processing of Sold Products (Cat. 10): 18,226,931 tCO₂e (30.33%)
  • Franchises (Cat. 14): 3,953,830 tCO₂e (6.58%)

Coca-Cola's Scope 3 Emissions by Categories

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

Insights into Coca-Cola's Total Carbon Footprint

In 2022, Coca-Cola reported a total carbon footprint of 61,517,567 metric tons of CO₂ equivalent (tCO₂e) 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. a b

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%. a

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