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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 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
In 2024, the total Scope 1 emissions of Coca-Cola were 474,413 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
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
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
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 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
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
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
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 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
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
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
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