In October 2020 Ethical Consumer viewed the Coca-cola Company website for the company's environmental policy or report. The company's 2019 Business & Sustainability Report was viewed.
An environmental policy was deemed necessary to report on a company's environmental performance and set targets for reducing its impacts in the future. A strong policy would include two future, quantified environmental targets, demonstration by the company that it had a reasonable understanding of its main environmental impacts, be dated within two years and have its environmental data independently verified.
The company demonstrated a reasonable understanding of its main environmental impacts. Its 2019 Business & Sustainability Report, which was dated within two years, contained discussion of packaging, recycling, water usage and sustainable agriculture among other environmental issues. It stated that packaging accounted for 25% to 30% of the company's carbon footprint. It also discussed the importance of sustainable sourcing of ingredients. The company's 'Sustainable Agricultural Guiding Principles' Environment section discussed the company's protocols in the following areas: Water Management, Energy Management and Climate Protection, Conservation of Natural Habitats and Ecosystems, Soil Management, Crop Protection and Harvest and Postharvest Handling.
The company's 2019 Business & Sustainability Report did not appear to be independently verified.
The company had future, quantified environmental targets, including:
- To reduce total GHG emissions across the full value chain by 25% by 2030 as compared to a 2015 baseline.
- To collect and recycle a bottle or can for each one sold by 2030.
- To make 100% of packaging recyclable globally by 2025, and use at least 50% recycled material in packaging by 2030.
The company had a reasonable understanding of its main environmental impacts, an environmental report dated within two years, and several quantified and dated future environmental targets. However, the report's data did not appear to be environmentally verified.
Overall, the company received Ethical Consumer's middle rating for Environmental Reporting.
Business & Sustainability Report 2019 (2019)