Coca-Cola Company
Beverages, especially soft drinks
Founded in 1892, today they are the world's #1 soft drink company.

Overall

Owned USA
Rating F
About the Ratings
Coca-Cola Company
USA

Company Assessment

Coca-Cola Company
Praise
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of A-.
Source: CDP (2023)
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of A-.
Source: CDP (2023)
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests score of B-.
Source: CDP (2023)
The PalmOil Scan app, produced by the World Association of Zoos and Aquariums (WAZA), rates companies on their commitment to sourcing sustainable palm oil. Companies are scored on their use of certified sustainable palm oil (CSPO), commitment to sourcing CSPO, on-the-ground conservation action, and membership to the RSPO. Companies can earn a rating of Excellent, Good, Poor or No Commitment. This company is rated "Good" (retrieved 18 Nov 2023).
Source: WAZA (2023)
As You Sow's 2024 Plastic Promises Scorecard measures the corporate ambition and action of 225 large companies across six industries on six core pillars of plastic packaging pollution prevention: 1) Recyclability, 2) Reduction, 3) Recycled Content, 4) Recovery, 5) Reuse, and 6) Producer Responsibility. This company received a grade of B.
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 220th of 937 companies, and 7th of 32 Food, Beverage & Tobacco companies.
Criticism
In India, Coca Cola has caused severe water shortages, polluted groundwater and soil around its bottling plant, distributed its toxic waste as 'fertiliser' to local farmers and sold drinks with extremely high levels of pesticides.
An international boycott of the Coca-Cola Company has been in place since July 2003, calling for accountability for human rights abuses, including murder, of trade union workers in Colombia.
The Talking Trash 2020 report by Changing Markets investigates the corporate playbook of false solutions to the plastic crisis. It found that the industry is actively delaying and derailing ambitious action on plastic pollution in its fight to maintain business as usual for as long as possible. For example, this company is signed up to 8 nice-sounding voluntary initiatives to address plastic waste, while also participating in 7 industry associations which lobby against legislation that could restrict plastic, or make corporations responsible for managing the waste they create, financially or otherwise.
Every year from 2018 to 2023, Break Free From Plastic has identified the world's top plastic-polluting corporations. In 2023 Break Free From Plastic engaged 8,804 volunteers in 41 countries to conduct 250 brand audits. These volunteers collected and audited 537,719 pieces of plastic waste. This company has ranked as one of the world's top four plastic polluters 6 years in a row.
In 2022 the median pay for a worker at this company was US$12,122. The CEO was paid 1,883 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
As You Sow's 2022 report, 'Road to Zero Emissions', assessed the progress of 55 of the largest U.S. corporations in reducing greenhouse gas (GHG) emissions in line with the Paris Agreement's objective of limiting global average temperature rise to 1.5 degrees Celsius above pre-industrial levels, which requires achieving "net zero" emissions by 2050. Companies are graded on: climate related disclosures; GHG reduction targets, and GHG reductions. This company received an Overall Net Zero grade of D+.
In 2019 this company agreed to pay US$2.45 million to settle a class action lawsuit that alleged that their Seagram's Ginger Ale products are falsely labeled as "Made With Real Ginger."
In 2023 KnowTheChain benchmarked 60 food and beverage companies on their efforts to identify and tackle forced labour risks in their supply chains. This company received a score of 29/100. The average score was a disappointing 16/100 and the highest score was 56/100.
This company received an S&P Global ESG Score of 36/100 in the Beverages category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
As You Sow's 2023 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, James Quincey came in at number 13 on the list, having been paid US$24,883,878 in 2022. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Information
Some of Coca-Cola's bottled water brands consist of treated mains water.
Identified in 'The Big Chill: Too Scared to Speak' report which identified Chinese Olympic Sponsors response to Darfur crisis in Sudan. Received a D. Neither took action in regard to bringing security to Darfur, their grades reflect what appeared to be significant concern with the issue and an effort (unsuccessful) to take an action. Rather than take action about Darfur, Coca-Cola took aim at the Dream for Darfur campaign.
The Seeking Safer Packaging 2010: Ranking Food Companies on BPA report by U.S. nonprofit organization, As You Sow, rates companies on their corporate efforts to eliminate BPA from their canned food and beverage products. BPA has been linked to serious diseases and has been the focus of increasing consumer concern and regulatory restrictions. This company received an 'F' Grade in the report. [Listed under Information due to age of report]
During the 2010 year, a slew of Vitaminwater deceptive marketing class action lawsuits were filed by a number of US consumers alleging the Coke product is labeled and marketed as a healthy drink containing nutrients and fails to adequately inform consumers of the amount of sugar in Vitaminwater. A class action settlement was reached in 2014. Coke agreed to change its labeling and marketing, and cover the plaintiff's legal fees.
This company appears on Global Exchange's list of "Most Wanted" Corporate Human Rights Violators "Alums" for violent killings, kidnap and torture, water privatization, health violations, and discriminatory practices. [Listed under Information due to age of report]
Named and shamed in the 2015 CHOICE Shonky Awards for funding the Global Energy Balance Network (GEBN), an organisation whose ties to 'Big Soda' are artfully hidden. The network says it's dedicated to helping end obesity, but tacitly cautions against focusing too much on bad eating habits, instead suggesting that we shouldn't stop gulping down cans of Coke, we should simply exercise more.
This 2014 report by Friends of the Earth documents a tenfold increase in unregulated, unlabeled "nanofood" products on the American market since 2008. The report named this company among those with products containing unlabeled nano-ingredients. These nanomaterials differ significantly from larger particles of the same chemical composition, and new studies are adding to a growing body of scientific evidence indicating they may be more toxic to humans and the environment.
Source: FOE (2014)
According to the democracyforsale.net website, this company donated $192,500 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
This company has signed a letter of intent (https://bit.ly/2rdBlwn) to participate in the New Alliance for Food Security and Nutrition, which claims will lift 50 million people in Africa out of poverty by 2022. But according to a 2015 report by ActionAid, the scheme will benefit multinational companies at the expense of small-scale farmers and is likely to increase poverty and inequality in Africa. Launched in 2012, the New Alliance provides aid money from rich countries like the US and the UK, and helps big business invest in the African agricultural sector. But in return, African countries are required to change their land, seed and trade rules in favour of big business. The New Alliance will: Make it easier for big corporations to grab land in Africa: Prevent farmers from breeding, saving and exchanging seeds: Heavily promote chemical fertilisers and pesticides, which increase farmers’ risk of debt as well as damaging the environment and farmers' health: Replace family farms with low paid, insecure jobs; and Prevent countries from restricting crop exports, even at times of domestic shortage.
This company has products rated RED in the Centre for Food Safety's True Food Shopper's Guide (USA). Products on the RED list contain ingredients that come from the most common GE crops (corn, soy, canola, cotton). Companies with products on this list have confirmed that their products may have or are likely to be made with GE ingredients, or have not denied using GE foods when given the opportunity to do so.
The Coca-Cola Company and Nestle had a joint venture from 1991 to 2018 called Beverage Partners Worldwide, which operated in 52 countries selling drinks based on black tea and green tea like Nestea.
This company received a score of 25.4/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
This company appears on the 2021 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
The United Nations Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of 10 values in the areas of human rights, labour standards, the environment, and anti-corruption. However it's non-binding nature has been widely criticised, and many signatory corporations continue to violate the Compact's values.
This company is a member of the Trash Free Seas Alliance, the oldest forum of its kind focused on innovative and pragmatic solutions to rid the ocean of plastic pollution and other forms of marine debris. Corporate members have collectively committed millions of dollars for research on ways to improve waste collection and recycling in parts of the world most impacted by ocean plastic pollution. Members have also pledged to eliminate or replace up to half a million tons of virgin plastic from products and packaging each year.
The Sustainable Food Lab is a network of business, public sector, and civil society leaders from around the globe who are working together to accelerate sustainability in mainstream food and agriculture.
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
This company is a member of Bonsucro - Better Sugar Cane Initiative, a global non-profit, multi-stakeholder organisation fostering the sustainability of the sugarcane sector through its leading metric-based certification scheme and its support for continuous improvement for members.
This company is a signatory to the New Plastics Economy Global Commitment, whose goal is to eliminate plastic pollution at its source.
This company is a member of the Sustainable Agriculture Initiative (SAI) Platform, the main food industry initiative supporting the development of sustainable agriculture worldwide. Created by Nestle, Unilever and Danone in 2002, the SAI Platform is a non-profit organization to facilitate sharing, at precompetitive level, of knowledge and initiatives to support the development and implementation of sustainable agriculture practices involving the different stakeholders of the food chain.
This company is a signatory to the US Plastics Pact, a collaborative effort organized by The Recycling Partnership and the World Wildlife Fund, launched as part of the Ellen MacArthur Foundation's global Plastics Pact network to unify diverse public-private stakeholders across the plastics value chain to rethink the way we design, use, and reuse plastics, to create a path forward to realize a circular economy for plastic in the United States. In line with the Ellen McArthur Foundation's vision of a circular economy for plastics, which unites more than 850+ organizations, the US Plastics Pact brings together companies, government entities, NGOs, researchers, and other stakeholders to work collectively toward scalable solutions tailored to the unique needs and challenges within the U.S. landscape, through vital knowledge sharing and coordinated action.
In 2022 after more than 170 nations backed a historic UN resolution to end plastic pollution, global businesses across the plastics value chain, financial institutions, and NGOs came together to announce a common vision for an effective and ambitious Global Treaty to End Plastic Pollution. The vision will form the basis for future policy engagements with governments through a newly launched Business Coalition for a Global Plastics Treaty which will be convened by the Ellen MacArthur Foundation and WWF. This company has endorsed the vision statement of the treaty.
This company is a strategic partner of the Ellen MacArthur Foundation, whose stated mission is to accelerate the transition to a circular economy. The Ellen MacArthur Foundation works with business, government and academia to build a framework for an economy that is restorative and regenerative by design.
The Green Supply Chain Corporate Information Transparency Index (CITI) evaluates consumer-facing companies that have a sizeable supply chain in China. The evaluation uses government supervision data and public information to assess the environmental management of their supply chains in China. This company received a score of 31.46/100 (retrieved 24 Nov 2023).
Source: IPE (2023)
The Global Access to Nutrition Index assesses how the world's 25 largest global food and beverage manufacturers contribute to addressing malnutrition in all its forms: overweight and obesity, undernutrition, and micronutrient deficiency. All have been assessed on their commitments, practices, and disclosure with regards to governance and management; the production and distribution of healthy, affordable, accessible products; and how they influence consumer choices and behavior. Of the 25 companies ranked, this company came 11th.
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
The 2022 Corporate Human Rights Benchmark assessed 127 companies in the food and agriculture, ICT and automotive manufacturing sectors on their human rights performance. This company received a score of 21.0%. The overall average score was a disappointing 17.3% and the highest score was 50.3%.
Business & Human Rights Resource Centre digital platform presents news and allegations relating to the human rights impact of over 20,000 companies. Their enhanced Company Dashboards also include financial information, key data points based on corporate policies, and scores from prominent civil society benchmarks. Follow the link and use the search function to view this company's dashboard.
The 2023 Gender Benchmark ranks 112 companies from the apparel and food and agriculture sectors on their efforts to drive gender equality and women's empowerment across their entire value chain. Companies are assessed on governance and strategy, representation, compensation and benefits, health and well-being, violence and harassment, and marketplace and community. This company ranked #45/112, with a total score of 24.1%. The average score was 23% and the highest score was 55%.
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
The 2023 Food and Agriculture Benchmark assessed 350 keystone companies across the entirety of the food system, from farm to fork. It covers three dimensions where transformation is needed: nutrition, environment and social inclusion. This company ranked #58/350, with a total score of 31.3/100.
The Corporate Research Project's Corporate Rap Sheets are dossiers summarising the most significant crimes, violations and other questionable activities of the world's largest and most controversial companies. Follow link to see this company's Corporate Rap Sheet. "Coca-Cola has also been confronted with international pressure campaigns on issues ranging from labor practices in Colombia to water use in India. In the United States, the company has faced charges of racial discrimination, accusations that its marketing efforts contributed to the national obesity problem and criticism over the environmental impact of its move into the bottled water business."
This company is listed on the Facing Finance website as a company that manufactures weapons or profits from violations of human rights, pollution, corruption, or international law. Follow link for further details.

Company Details

Type:
Public company
Revenue:
31.8 billion USD (2018)
Employees:
62,600 (2018)
Subsidiaries:
Organic and Raw Trading Co Pty Ltd
Beverage maker
Founded in South Australia in 2010 by Anthony and Sarah Crabb, who sold their business to Coca-Cola Company in 2018. Coke shut down the factory and discontinued the Mojo brand in 2022.
Monster Beverage Corporation (19% owned)
Beverages
Founded in 1935 as Hansen's, and changed its name to Monster Beverage Corporation in 2012. Coca-Cola Company became a significant shareholder in 2015. Acquired Bang Energy in 2023.
Coca-Cola Europacific Partners plc (18% owned)
Beverages
Founded in 2016 when the three main bottling companies for The Coca-Cola Company in Western Europe combined into one entity, creating the world's largest Coca-Cola bottler based on revenue, with operations in 13 countries. Acquired Coca-Cola Amatil in 2021 and changed its name to from Coca-Cola European Partners to Coca-Cola Europacific Partners.
Coca-Cola Europacific Partners Australia
Beverages
Formerly Coca-Cola Amatil. Bottles and distributor for Coca-Cola Company soft drinks and other beverages in Australia, New Zealand, Fiji, Indonesia and Papua New Guinea. Coca-Cola Amatil bought SPC Ardmona in 2005, and sold it in 2019. Distributor for Beam Suntory and Molson Coors alcohol portfolios in Australia. Acquired by Coca-Cola European Partners (CCEP) in 2021.
Paradise Beverages (Fiji) Ltd (90% owned)
Liquor manufacturer
Produces and distributes beer, ready-to-drink alcoholic beverages, and soft drinks in Fiji and Samoa. Formerly known as Foster's Group Pacific Ltd, until it was purchased by Coca-Cola Amatil in 2012 and renamed.
Grinders Coffee Pty Ltd
Coffee
Established in Lygon St, Melbourne in 1962. Acquired by Coca-Cola Amatil in 2005.

Contact Details

Address:
Atlanta, Georgia, USA
Website:
www.coca-colacompany.com

Products / Brands

Monster Beverage Co (19% owned) / CCEP Australia (distributor)
Monster Sports Drinks
Monster Energy Drinks
Mother Energy Drinks
Monster Beverage Co (19% owned) CCEP Australia (18% owned)
Appletiser Non-Alcoholic
Barista Bros Flavoured Milk
Bisleri Soft Drinks
Cascade Cordial
Cascade Mixers
Cascade Apple Isle Non-Alcoholic
Coca-Cola Soft Drinks
Deep Spring Soft Drinks
Deep Spring Sparkling Water
Deep Spring Bottled Water
Diet Coke Soft Drinks
Fanta Soft Drinks
Fruit Box Juice & Fruit Drinks
Fuze Tea Iced Tea
Goulburn Valley Juice & Fruit Drinks
Grapetiser Non-Alcoholic
Keri Juice & Fruit Drinks
Kirks Soft Drinks
Lift Soft Drinks
Mount Franklin Bottled Water
Mount Franklin Sparkling Water
Neverfail Bottled Water
Nutriboost Flavoured Milk
Peats Ridge Bottled Water
Powerade Sports Drinks
Pump Bottled Water
Smartwater Bottled Water
Sprite Soft Drinks
Vitaminwater Bottled Water
CCEP Australia (18% owned) / Beam Global (brand owner)
Canadian Club Premix Spirits
Jim Beam Premix Spirits
Old Crow Premix Spirits
Paradise Beverages (16% owned)
Bounty Rum
Fiji Bitter Beer (imported)
Vailima Beer (imported)
Vonu Beer (imported)
Grinders (18% owned)
Fix Coffee
★ Rainforest Alliance certified
Giancarlo Coffee
Grinders Coffee
★ some products certified organic
★ some products certified Fairtrade
Romanza Coffee
Taboo Milk Flavouring