Cop26: Boris Johnson says Coca-Cola one of twelve companies producing ‘overwhelming bulk’ of world’s plastic

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The Independent published this video item, entitled “Cop26: Boris Johnson says Coca-Cola producing ‘overwhelming bulk’ of world’s plastic” – below is their description.

Boris Johnson named Coca-Cola as one of 12 corporations “producing the overwhelming bulk of the world’s plastics”.

In the Cop26 news conference with children, the PM said: “There are about 12 companies at the moment, 12 big corporations, that are producing the overwhelming bulk of the world’s plastics.”

He added: “Coca-Cola, for instance, and others, which are responsible for producing huge quantities of plastic, and we’ve got to move away from that and we’ve got to find other ways of packaging and selling our stuff.”

The Independent YouTube Channel

Misleading Headline

NOTE: the original title on this content was from The Independent, who in the body of their description explain that 12 companies produce the “overwhelming bulk” of plastic. The original title is therefore factually inaccurate and broadly misleading as a consequence. The title here at The Global Herald has been edited accordingly. The original title remains in the first paragraph, as it accurately describes the (incorrect) title used in the video.

  • Was: Cop26: Boris Johnson says Coca-Cola producing ‘overwhelming bulk’ of world’s plastic
  • Now: Cop26: Boris Johnson says Coca-Cola one of twelve companies producing ‘overwhelming bulk’ of world’s plastic

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In This Story: Coca-Cola

The Coca-Cola Company (NYSE: KO) is an American multinational beverage corporation incorporated under Delaware’s General Corporation Law and headquartered in Atlanta, Georgia. The Coca-Cola Company has interests in the manufacturing, retailing, and marketing of nonalcoholic beverage concentrates and syrups.

The company produces Coca-Cola, invented in 1886 by pharmacist John Stith Pemberton. In 1889, the formula and brand were sold for $2,300 (roughly $67,000 today) to Asa Griggs Candler, who incorporated The Coca-Cola Company in Atlanta in 1892.

The company has operated a franchised distribution system since 1889. The company largely produces syrup concentrate, which is then sold to various bottlers throughout the world who hold exclusive territories. The company owns its anchor bottler in North America, Coca-Cola Refreshments.

The company’s stock is listed on the NYSE and is part of DJIA and the S&P 500 and S&P 100 indexes. Revenue US$37.27 billion (2019).

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    COP26 is the shortened name of the 2021 United Nations Climate Change Conference – the 26th United Nations Climate Change conference. It is being held in Glasgow, Scotland, United Kingdom, between 31 October and 12 November 2021, under the presidency of Alok Sharma.

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