Coca-Cola Co
Beverages
Company Summary
The Coca-Cola Company is known for its significant contributions to global beverage markets and for making strides in sustainability. The company has set ambitious goals for water conservation, carbon neutrality, and recycling initiatives. The company’s ESG rating is strengthened by efforts to reduce plastic waste and improve the environmental footprint of its products. However, Coca-Cola has faced scrutiny over its water usage in water-scarce regions, raising concerns about its impact on local communities. Additionally, the company’s ESG score is impacted by the plastic waste generated by its beverage containers, despite efforts to transition to more sustainable packaging. Coca-Cola’s challenges in achieving comprehensive sustainability persist, but the company is actively working to improve its environmental and social impact. For further details, review the Coca-Cola ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
The Coca-Cola Company is a leader among 53 companies in the beverages industry.
Temperature Rise :
News from Coca-Cola Co
Coca-Cola Invests €20m in 100% Recycled Plastic Bottle
Advancing Coca-Cola's Reusable Packaging Pilots
Coca-Cola & Partners Launch Sustainable Venture Fund
The Greenwashed Food Sector
Coca-Cola is Reportedly the Biggest Plastic Polluter
FAQ
What is Coca-Cola's ESG score?
Coca-Cola currently holds a BBB ESG rating from MSCI and score 59/100 from Sustainalytics, with strengths in water management and energy efficiency. However, the company still faces challenges related to plastic waste and its association with sugary beverages.
How does Coca-Cola perform in ESG assessments?
Coca-Cola has made strides in water stewardship, improving water use efficiency by over 20% in the past decade. However, its challenges with plastic waste continue to impact its ESG scores. Coca-Cola has set a goal to collect and recycle 100% of its packaging by 2030.
What are Coca-Cola's commitments to environmental sustainability?
Coca-Cola is committed to reducing its carbon emissions to net-zero by 2050 and has made significant investments in water replenishment, especially in areas where water scarcity is an issue. It also focuses on improving packaging recyclability and sustainable sourcing.