5 Most Boycotted Companies and Brands in History

4. The Coca-Cola Company (NYSE:KO)

The Coca-Cola Company (NYSE:KO) has been the target of boycotts primarily due to the health impacts of its flagship soda, which contains a significant amount of sugar. Many of its other beverages are also high in sugar. Consuming large amounts of sugar can have negative health effects, such as weight gain and an increased risk of diabetes and heart disease.

The company’s rampant use of single-use plastics and their environmental impact have also courted controversy. Others have boycotted The Coca-Cola Company (NYSE:KO) because of dissatisfaction with other aspects of the company’s products, including their use of artificial ingredients.

Carillon Tower discussed The Coca-Cola Company (NYSE:KO)’s product pricing initiatives in its Q3 2022 investor letter:

“Shares of The Coca-Cola Company (NYSE:KO) sold off with consumer staples even as the company reported strong pricing for the second quarter. On average, product prices rose with management hinting at further momentum.”