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Bullboard - Stock Discussion Forum Coca-Cola Co KO

Alternate Symbol(s):  N.COLA

The Coca-Cola Company is a beverage company. The Company's segments include Europe, Middle East and Africa, Latin America, North America, Asia Pacific, Global Ventures and Bottling Investments. It owns or licenses and markets various beverage brands, which are grouped into categories, such as Trademark Coca-Cola; sparkling flavors; water, sports, coffee and tea; juice, value-added dairy and... see more

NYSE:KO - Post Discussion

Coca-Cola Co > coke world’s worst plastic polluter for third straight year
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Post by kijiji on Dec 07, 2020 6:29pm

coke world’s worst plastic polluter for third straight year

Coca-Cola has been branded the world’s worst plastic polluter for the third year in a row, in a damning report that further reveals the scale of the global plastic crisis.
 
In its annual audit of plastic waste found on beaches, rivers, parks and communities across the globe, Break Free From Plastic found Coca-Cola bottles were by far the worst offender.
 
The company’s branding was discovered on 13,834 pieces of plastic at 51 of the 55 sites surveyed — more than the combined total of Nestl (8,633) and PepsiCo (5,155), which were the second and third worst polluters.
 
The project, which is undertaken by 15,000 volunteers, collected almost 350,000 bits of plastic waste, of which 63 per cent was marked with an identifiable brand. In total more than 5,000 brands were identified in the survey.
Greenpeace accused Coca-Cola, Nestl and PepsiCo of failing to adequately deal with the plastic crisis and of “teaming up” with oil companies to produce even more of the environmentally damaging material.
 
“To stop this mess and combat climate change, multinationals like Coca-Cola, PepsiCo, and Nestl must end their addiction to single-use plastic packaging and move away from fossil fuels,” said Abigail Aguilar, plastics campaign coordinator for Greenpeace Southeast Asia.
 
The damning report comes just months after the three soft drinks manufacturers were accused of “hypocrisy” after a report claimed they had made public pledges to cut plastic waste while quietly undermining sustainability reforms through lobbying groups and trade associations.
 
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According to research by Changing Markets Foundation, Coca-Cola remains the biggest plastic polluter in the world, with a plastic footprint of 2.9 million tonnes per year.
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