Potential offtaker

The Coca-Cola Company


Estimated electricity consumption


Countries of production presence


The Coca-Cola Company is an American multinational corporation that is best known for producing and selling carbonated soft drinks. Founded in 1886, the company has grown to become one of the world's largest beverage companies, with operations in over 200 countries and territories.

As a major player in the carbonated soft drinks sector, The Coca-Cola Company has been at the forefront of efforts to reduce carbon emissions and promote decarbonisation. In recent years, the company has made significant investments in renewable energy and other sustainable practices to reduce its environmental impact.

One of the key ways that The Coca-Cola Company has worked to reduce its carbon footprint is through its corporate energy program. This program aims to improve the energy efficiency of the company's operations and reduce its reliance on fossil fuels. As part of this program, the company has implemented a range of energy-saving measures, such as upgrading lighting systems, optimizing heating and cooling systems, and investing in more efficient equipment.

In addition to these measures, The Coca-Cola Company has also invested heavily in renewable energy. The company has set a goal of sourcing 100% of its electricity from renewable sources by 2025, and has made significant progress towards this goal in recent years. In 2019, for example, the company signed a 10-year virtual power purchase agreement (PPA) for 100 megawatts of wind power in Oklahoma. This PPA will provide the company with renewable energy credits that can be used to offset its carbon emissions.

The Coca-Cola Company has also been a leader in the corporate PPA market more broadly. In 2018, the company was ranked as the top corporate purchaser of renewable energy in the United States, according to the Renewable Energy Buyers Alliance. The company has signed a range of PPAs for wind and solar power in various locations, including Texas, Georgia, and California.

In addition to these efforts, The Coca-Cola Company has also implemented a range of other sustainability initiatives. The company has set a goal of reducing the carbon footprint of its beverage production by 25% by 2020, and has made progress towards this goal through a range of measures, such as optimizing packaging and transportation systems. The company has also implemented a range of water conservation measures, such as improving irrigation systems and reducing water usage in its manufacturing processes.

Overall, The Coca-Cola Company has demonstrated a strong commitment to sustainability and decarbonisation in recent years. Through its corporate energy program, renewable energy investments, and other sustainability initiatives, the company has made significant progress towards reducing its environmental impact and promoting a more sustainable future. As the company continues to grow and expand its operations around the world, it will be important for it to continue to prioritize sustainability and take a leadership role in promoting decarbonisation and renewable energy.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member
✓ Declared Net Zero commitment