PEPSI

Revenue
$ 64.7 bn
Environmental cost
$ 1.8 bn
Env cost / revenue
3 %

COCA COLA

Revenue
$31.8 bn
Environmental cost
$3.7 bn
Env cost / revenue
11.6 %

Both companies produce sugar water.
Why is one almost 4 times dirtier than the other?

PEPSI

$64.7 bn
Revenue
$1.8 bn
Environmental cost
-3%
Env cost / revenue

COCA COLA

$31.8 bn
Revenue
$3.7 bn
Environmental cost
-11.6%
Env cost / revenue
Data Source: Sir Ronald Cohen (2020), Impact

Both companies produce sugar water.
Why is one almost 4 times dirtier than the other?

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