In August 2017 Ethical Consumer downloaded the Coca Cola company's 2016 Sustainability Report from the company website www.coca-colacompany.com
The report contained discussion of water stewardship, packaging, sustainable agriculture, and climate protection. The company was thus felt to have a reasonable understanding of its environmental impacts.
The report contained at least two quantified dated environmental targets for 2020, including:
-Improve water efficency in manufacturing operations by 25% compared with a 2010 baseline.
-Recover and recycle the equivalent of 75% of the bottles and cans introduced into developed markets, from a 61% current recovery rate.
Ernst & Young LLP performed independent review-level assurance for the calendar year ending December 31, 2016 on selected sustainability indicators related to: Front of package labeling; Greenhouse gas emissions (manufacturing activities); Number of women enabled by the 5by20 TM Program; Responsible Marketing Policy compliance process; Water replenish; Water use ratio and Total Incident Rate.
As the Coca Cola company had an up to date environmental report which contained more than two quantified environmental targets, and contained a good discussion of its environmental impacts, but was only was partly independently verified it recieved Ethical Consumer's middle rating for Environmental Reporting.
Coca cola website (25 July 2016)