Coke discloses more of its funding on health efforts
NEW YORK (AP) — Coke says it spent more on health research and partnerships than it previously disclosed as part of its push to be more transparent.
The world's biggest beverage company first disclosed its spending on various health-related efforts in the U.S. after coming under fire for its funding of the Global Energy Balance Network, a group that said its mission was to fight obesity. That group has since disbanded.
In September, Coke said that it spent $118.6 million on scientific research, health-related programs and payments to health experts between 2010 and 2015.
On Thursday, Coke said a more thorough internal investigation found the figure was $132.8 million.
The Atlanta-based company said it also removed inaccurate listings from its website disclosing the partnerships.