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GlobalData offers a comprehensive analysis of Coca-Cola, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on Coca-Cola’s ESG performance. GlobalData’s company profile on Coca-Cola offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

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Coca-Cola aims to achieve net zero emissions by 2050 and reduce its absolute emissions by 25% by 2030 against a 2015 baseline. In 2022, the company reported scope 1 emissions at 4.4 million metric tons, scope 2 emissions at 3.5 million metric tons, and scope 3 emissions at 57.0 million metric tons. The company has also invested in energy efficiency through new equipment and processes, such as HFC-free equipment, and reducing the environmental footprint of buildings and facilities across their life-cycles. Coca-Cola's latest filings mentioned the keywords 'Emissions' and 'Recycling' most number of times in relation to 'Net Zero'.

Coca-Cola has implemented policies and procedures in its agricultural supply chain to have a net-positive impact in an attempt to mitigate the impacts of climate change. The company has sustainably sourced 61% of its key agricultural ingredients, including coffee, soybeans, and tea.

Coca-Cola aims to drive a circular economy for its packaging because this helps to reduce waste and carbon emissions. In 2022, the company collected 61% of the equivalent bottles and cans that it introduced into the market and used 15% rPET in its bottles. As of 2022, Coca-Cola have reduced its emissions by 7% against 2015 baseline.

In conclusion, Coca-Cola's sustainability priorities reflect the company's commitment to reducing its environmental impact and promoting social responsibility. The company's net-zero targets and emission reduction plans demonstrate its dedication to mitigating climate change. The company's investments in energy efficiency and sustainable agriculture practices further support its sustainability goals.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.