Coca-Cola Investigation Could Shake Up the Beverage Industry
According to The Cool Down, Turkey's Competition Board announced the probe this week, citing 'strong suspicions' that Coca-Cola has engaged in practices that obstruct the sale of rival products at retail outlets. The board will also review whether the company has honored commitments made in 2021 after earlier antitrust scrutiny.
At the heart of the investigation is a familiar concern: how multinational corporations use their clout to dominate shelf space and consumer choice. But this time, there's an added layer—environmental impact.
Coca-Cola has long been criticized for its role in global plastic pollution. Environmental watchdogs frequently rank the brand among the worst offenders.
If the company is found to be actively blocking access to more eco-conscious competitors, some of which offer locally sourced or reusable packaging options, the implications go beyond business fairness. It raises questions about whether monopolistic behavior is keeping greener solutions off the table.
For smaller beverage companies trying to innovate and push toward sustainable alternatives, having a fair shot in the marketplace is everything. When big players flex their influence to crowd out competition, the public ultimately loses, both in choice and in potential progress toward a lower-waste future.
If Turkish regulators rule against Coca-Cola, it could spark broader momentum for change. The decision may prompt other governments to investigate similar practices in their own jurisdictions and increase pressure on major corporations to clean up not just their products, but also their playbook.
For now, Coca-Cola hasn't issued a public response. But the stakes are high. This isn't just about soda. It's about the systems that shape what ends up on shelves and what kind of companies survive in today's marketplace.Coca-Cola Investigation Could Shake Up the Beverage Industry first appeared on Men's Journal on Jul 5, 2025
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Yahoo
an hour ago
- Yahoo
India court rejects Turkey-based Celebi's airport security clearance, lawyer sources say
NEW DELHI (Reuters) -An Indian court rejected on Monday a plea by Turkey-based Celebi against a government order revoking the security clearance of the firm to provide aviation ground services in the South Asian nation, three lawyer sources said. Turkey came out in support of Pakistan during its military conflict with India in May, angering many Indians and prompting New Delhi to cancel Celebi's clearance in the "interest of national security". Celebi Airport Services India, in a May 16 filing seen by Reuters, asked the Delhi High Court to set aside that decision, arguing it would impact 3,791 jobs and investor confidence, and was issued without any warning to the company. The Delhi High Court rejected the company's plea on Monday to overturn the revoking of security clearance, three lawyers involved in the case told Reuters. More details of the court proceedings are expected to be published online. India argued that courts have previously held that in some cases national security concerns can outweigh the requirement of fairness. Solicitor General Tushar Mehta said in May that airport ground operators have detailed access to the physical infrastructure as well as passenger details, including VIP movements. Celebi did not immediately respond to a request for comment from Reuters.
Yahoo
an hour ago
- Yahoo
Philippine Telco Globe Named Among the World's Most Sustainable Companies for 2025
Only PH Telco in the list of 500 global sustainability frontrunners MANILA, Philippines, July 8, 2025 /PRNewswire/ -- Globe, a leading digital solutions platform and telecommunications provider in the Philippines, has been named as World's Most Sustainable Companies 2025 by TIME Magazine and Statista—the only telco from the Philippines included in the prestigious global ranking. This recognition puts Globe among 500 companies worldwide that stand out for their environmental, social, and governance (ESG) performance, selected from over 5,000 firms across more than 30 countries. With only 11 companies from Southeast Asia making it to the list, the inclusion highlights how companies in emerging markets are gaining ground in global ESG leadership. "This recognition is meaningful for us, especially as we continue to leverage telecommunications and technology for nation-building through sustainable practices," said Globe President and CEO Carl Cruz. "Sustainability is not just about targets—it's about making real progress for the people and communities we serve. Being included in this list affirms that we're on the right track, and underscores our commitment to continuous improvement." The ranking evaluated companies based on more than 20 indicators, including commitments and third-party ESG ratings, adoption of sustainability reporting standards, and environmental and social stewardship. Among the key ESG practices and milestones of Globe are: An AA rating from MSCI ESG Research Externally assured annual Integrated Report Classification as active Participant in the UN Global Compact and Race to Zero campaign As the country's largest mobile network and a major contributor to digital infrastructure of the Philippines, Globe plays a critical role in advancing digital inclusion while accelerating its shift to clean energy. In 2024, 24% of its electricity came from renewable sources, with a plan to transition over 150 additional sites in the next two years. Globe has also deployed 38,000+ green network solutions, such as energy-efficient hardware and alternative fuel sources, contributing to lower greenhouse gas emissions. On the social front, Globe continues to foster an inclusive workplace culture, with women representing 44% of its workforce and the provision of same-sex benefits for employees. Globe also holds ISO 45001:2018 certification for its occupational health and safety management system, prioritizing employee well-being. "Our inclusion in this global list reflects our strategic push to elevate ESG from compliance to business contributor," said Yoly Crisanto, Chief Sustainability and Corporate Communications Officer. "We are proud to represent the Philippines on the world stage and show that homegrown companies can lead with impact." Ayala Land, Inc., another company in the Ayala Group was also recognized in the same TIME list, further underscoring the group's collective commitment to responsible and sustainable business practices. More on Globe's sustainability performance here: To learn more about Globe, visit View original content to download multimedia: SOURCE Globe Telecom, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Forbes
an hour ago
- Forbes
Which Carbon Credits Work And Which Are Just Climate Placeholders?
Carbon Credit Market As the voluntary carbon market expands, not all carbon credits are created equal. In a climate economy increasingly scrutinized for greenwashing and impact-washing, the integrity of carbon credits matters more than ever. When executed with care and transparency, carbon credits can deliver real benefits for the climate, local communities, and the broader sustainable development agenda. However when the quality is compromised, carbon credits become little more than accounting tricks and attempts at bolstering ESG claims. This final article in the series on carbon credits and carbon capture highlights five high-integrity carbon credit types to watch, three types to approach with caution, and what it all means for the planet. Carbon Credits to Watch Carbon Credits to Approach with Caution Reforestation is a powerful tool for climate action, but only when implemented with ecological integrity. While trees naturally absorb and store carbon, poorly designed tree planting efforts can do more harm than good. Fast-growing, non-native species like eucalyptus and pine are often favored for their rapid carbon uptake but can deplete groundwater, reduce biodiversity, and increase wildfire risk. Similarly, planting trees in historically non-forested areas like grasslands or peatlands can disrupt local ecosystems. To ensure reforestation efforts are truly beneficial, projects must prioritize native species, local biodiversity, and long-term ecosystem health, not just carbon numbers. Typically, they may show short-term gains but are unsustainable long-term. According to the June 2025 report "Built to Fail?" by climate watchdog groups using the AlliedOffsets Database, the Voluntary Carbon Market, a system where organizations voluntarily buy carbon credits to offset emissions, retired approximately 207.8 million credits in 2024. Shockingly, more than 47.7 million of these were classified as 'problematic,' meaning they are unlikely to deliver the promised emissions reductions. The study analyzed 47 of the top 100 global offset projects and found that 80 percent of their retired credits were flawed. Key issues included non-additionality (when a project would have occurred without carbon finance), impermanence (when stored carbon may be re-released), leakage (when emissions are displaced rather than reduced), and over-crediting (when a project's actual impact is overstated). An alarming 93 percent of these problematic projects were located in the Global South, which includes regions such as Latin America, Africa, and Southeast Asia. These areas have historically contributed the least to climate change but are already experiencing its most severe impacts. The report also found that over 90 percent of the flawed credits were issued by Verra, the world's largest carbon registry, with additional problematic credits verified under Gold Standard, Climate Action Reserve, and ACR. Even projects rated by BeZero, an independent verifier, were found to carry moderate to high risks of fundamental findings raise a serious question: Why do major companies continue to depend on a carbon market that consistently fails to guarantee real climate outcomes? Quality Over Quantity In Carbon Credit Market The voluntary carbon market holds real potential, but only when the focus is on integrity, not volume. High-quality carbon credits, whether from cookstove initiatives or mangrove restoration, deliver measurable climate benefits and often support social equity. However, the proliferation of low-quality or poorly verified offsets dilutes the market's credibility and undermines climate goals. As the world leans into net-zero targets, companies and countries alike must prioritize credits that are additional, permanent, and independently verified. In carbon markets, as in climate action, quality is not optional. It is the difference between real progress and smoke and mirrors.