Coca-Cola

InfluenceMap Score
C+
Performance Band
78%
Organisation Score
56%
Relationship Score
Sector:
Consumer Staples
Head​quarters:
Atlanta, United States
Brands and Associated Companies:
Monster Beverage, Dasani, Minute Maid, Coke
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Coca-Cola demonstrates positive engagement with climate change policy in the US and EU, though its activity is mostly limited to top-line support for global climate action without commenting on specific policies in detail.

Top-line Messaging on Climate Policy: Coca-Cola has positive top-line massing on climate policy. In an April 2021 joint letter with the We Mean Business Coalition, Coca Cola supported US policy to achieve net-zero emissions by 2050. In June 2020, a letter signed by CEO James Quincey called on global leaders to “build back better” from the impacts of COVID-19, particularly through measures related to the circular economy. Furthermore, in a December 2021 Politico op-ed, the President of Coca-Cola Europe Nikos Koumettis strongly supported the EU's Green Deal and 2050 targets. That same op-ed makes the case for a wide range of policies in the EU to respond to climate change. Coca Cola has also consistently advocated for the Paris Agreement, as evidenced in its 2020 Business & Environmental, Social and Governance report, released April 2021, as well as sign-on letters from September and April 2021.

Engagement with Climate-Related Regulations: With the exception of supporting strong national emissions reductions targets in the US and UK in 2021, InfluenceMap was unable to detect significant engagement by Coca-Cola on specific climate legislation or regulation from 2019-2022. Previously, Coca-Cola supported the EU Emissions Trading Scheme in 2015-16 through the Corporate Leaders Group. The company does not appear active on major climate legislation in the US, and does not appear to have engaged with the Build Back Better Act and its specific climate provisions.

Positioning on Energy Transition: Through various sign-on letters, such as the We Mean Business letter in April 2021, Coca Cola appears to support the transition to a low-carbon economy. That letter mentions the need for sustainable infrastructure and zero-emissions vehicles and buildings, among other policy measures, to advance decarbonization in the US. Beyond these top-line statements, InfluenceMap was unable to locate evidence of engagement with specific measures or policies related to the energy mix.

Industry Association Governance: Coca-Cola discloses a list of the trade associations of which it is a member along with some additional details of its engagement with certain groups, such as the U.S. Chamber of Commerce, on its website. The company has not published an audit of its industry associations. Coca Cola is a member of several influential associations that frequently obstruct climate policy, including the US Chamber of Commerce and Japan Business Federation.

QUERIES
DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
90%
 
90%
 
28%
 
28%
 
52%
 
52%
 
48%
 
48%
 
49%
 
49%
 
77%
 
77%
 
68%
 
68%
 
30%
 
30%
 
48%
 
48%
 
47%
 
47%
 
72%
 
72%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.