The American beverage company Coca-Cola has come under fire for reducing its environmental targets, sparking concerns among critics who had pinned their hopes on the firm’s efforts to mitigate climate change. In 2019, Coca-Cola had set ambitious goals to reduce greenhouse gas emissions and waste, but the latest move suggests that these objectives are being scaled back.
Coca-Cola did not provide a clear explanation for why its targets have been lowered, fueling speculation among experts who claim that the company’s priorities may be shifting in favor of profit over sustainability. The decision has also raised questions about Coca-Cola’s commitment to environmental responsibility and its ability to drive meaningful change in the industry.
While details on Coca-Cola’s new targets are scarce, critics argue that the move undermines the progress made by the company in recent years. As the world grapples with the challenges of climate change, it is essential for companies like Coca-Cola to demonstrate leadership and a commitment to sustainability. Instead, Coca-Cola’s decision has sparked concern among those who had held out hope for greater action on environmental issues.
Source: https://www.ft.com/content/75d5fb6d-2bc8-4621-a955-9c70897541cd