INDEX / DIRECTORY / COCA-COLA

Coca-Cola

FMCG & Brands 119 CITED SOURCES UPDATED 2026-08-26 METHOD V6.4
Complicity Index score 578 /1000 C Tier C - High
OWNERSHIP TREE 37 brands and group businesses View all

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Classification: Public-facing forensic dossier Corpus: Complicity Index OSINT Research Series Subject: The Coca-Cola Company (NYSE: KO) Audit Basis: Military, Digital, Economic, Political (four domain audits, dated 2026)


Key Findings

  • Economic: Coca-Cola’s Israeli franchisee, Central Bottling Company (CBC), maintains a distribution operation in the Atarot Settlement Industrial Zone in occupied East Jerusalem - confirmed by CBC’s own branch listing - with Who Profits further describing it as a regional distribution center and cooling houses; CBC’s wholly owned Tabor Winery sources grapes from vineyards in West Bank and Golan Heights settlements, labeled “Product of Israel.”1, 2, 3, 4
  • Political: CBC made a 2015 donation of NIS 50,000 to the right-wing organisation Im Tirtzu, disclosed in 2017; the Coca-Cola Company itself has issued no dedicated statement on the 2023–2025 war, and CEO James Quincey deflected a direct question on the company’s “pro-Israeli” character at Davos in January 2024.5, 6
  • Digital: Israeli-founded cybersecurity firm CyberArk is deployed at independently listed Coca-Cola bottling partners (CCEP, Coca-Cola HBC) - not confirmed for the parent company - while the parent’s primary cloud relationship is a $1.1 billion Microsoft Azure partnership.7, 8
  • Not found: No public evidence identified of any direct military-procurement, defence-prime supply chain, or weapons-platform relationship between The Coca-Cola Company, CBC, or any subsidiary and the IDF, IMOD, or Israeli defence primes; the company is not named in UN Special Rapporteur Albanese’s July 2025 list of over sixty complicit enterprises.9, 10

Target Profile

FieldDetail
Company NameThe Coca-Cola Company
JurisdictionIncorporated in Delaware, USA; founded in Atlanta, Georgia (1886)
HeadquartersAtlanta, Georgia, USA
SectorBeverage manufacturing, franchising and distribution (FMCG)
OwnershipPublicly traded, NYSE: KO; Israeli operations conducted through Central Bottling Company (CBC), a privately held Israeli franchisee majority-owned by David Wertheim (62.99%), with Reuven Becher, Gil Orion, and Chen Amir each holding 12.33%; CEO Nir Levinger
Key Executives / GovernanceCEO James Quincey; President/CFO John Murphy; board member David B. Weinberg (Lead Independent Director since 27 July 2024, President of Digital Bandwidth LLC); historically, Joel Neuman (Coca-Cola executive) served as chairman of the America-Israel Chamber of Commerce, Southeast Region, 2013–2014
Israeli-Nexus SummaryIsrael-market presence conducted entirely through independent franchisee CBC, whose subsidiaries (Tabor Winery, Atarot distribution center) carry documented settlement links; no direct parent-company military, intelligence, or defence-technology relationship identified

Key Facts:


Executive Summary

The Coca-Cola Company’s documented nexus to Israel and the occupied Palestinian territories operates almost entirely at one remove - through Central Bottling Company (CBC), an independently owned Israeli franchisee, rather than through direct parent-company ownership, contracting, or operational presence. This structural distance is the single most consistent finding across all four domain audits and materially shapes the evidentiary record: the company can, and does, point to CBC’s independent ownership as a defence against direct attribution of settlement-linked conduct.

Despite that structural buffer, the economic and political vectors carry the dossier’s most substantial documented findings. CBC’s own sales-and-distribution website lists its Jerusalem branch at HaOtzma Street, Atarot Commercial Center, independently confirming a CBC distribution operation at Atarot; Who Profits provides the more specific description of a regional distribution center and cooling houses.1, 3, 4 The Institute for Palestine Studies and UK Lawyers for Israel also describe a Coca-Cola/CBC distribution center at Atarot, but their underlying source trail is not fully independent because the Institute article’s relevant endnote includes Who Profits and UKLFI links to the Institute article.15, 16 CBC’s 92.5%-owned Tabor Winery sources grapes from vineyards in West Bank settlements (Alon Shvut/Gush Etzion) and the occupied Syrian Golan (Ortal, Keshet), with wines labeled “Product of Israel.”2, 17 The Atarot and winery findings underpin the BDS National Committee’s November 2024 designation of Coca-Cola as a grassroots boycott target.18 Politically, the only documented direct financial tie to an Israeli advocacy organisation is CBC’s 2015 donation of NIS 50,000 to Im Tirtzu, disclosed in 2017 - again attributable to the Israeli franchisee rather than the US parent.5

The digital and military vectors are markedly thinner. On the digital side, Israeli-founded cybersecurity vendor CyberArk is deployed at independently listed Coca-Cola bottling partners (CCEP and Coca-Cola HBC) - entities distinct from the parent company - while the parent’s own primary technology relationship is a $1.1 billion Microsoft Azure partnership with no confirmed Israeli-origin security mandate.7, 8 The reviewed Who Profits, AFSC, and Israel Dairy profiles describe Tara Dairy’s civilian operations and customer base but do not document supply to the IDF or security forces.19

Critically, no public evidence establishes any direct military-procurement, defence-prime supply chain, dual-use product, or weapons-platform relationship between Coca-Cola/CBC and Israeli defence bodies. Coca-Cola is not named among the sixty-plus companies identified in UN Special Rapporteur Francesca Albanese’s July 2025 report on the “economy of genocide.”9 Coca-Cola’s own status in the UN OHCHR settlement-business database is unresolved: 2017 draft reporting and February 2020 media coverage named the company, but the published database and its subsequent 2023 and September 2025 updates do not list it, and one outlet issued a public correction stating the earlier inclusion was erroneous.20 This discrepancy is carried in this dossier as unresolved rather than as an active finding.

The resulting Bare Risk Score of 578 places Coca-Cola in Tier C (High), driven predominantly by the Political domain (6.50), reflecting the settlement-linked franchise operations and unresolved communications posture, moderated substantially by the near-absent Military score (0.19), which reflects the near-total absence of military-sector evidence.


Timeline of Relevant Events

DateEvent
1886The Coca-Cola Company founded in Atlanta, Georgia.21
1966–1968 to 1991Arab League secondary boycott of Coca-Cola over Israel bottling franchise.14
1967Moshe “Muzi” Wertheim acquires Israeli Coca-Cola bottling franchise, forming what becomes CBC.11
1970Atarot Industrial Zone established on expropriated Palestinian land; later houses CBC distribution center.1
1997Government of Israel Economic Mission honours Coca-Cola with “Israel Trade Award” for market support during boycott era.13
2004CBC acquires Tara Dairy for ~$39 million.12
~2009Tabor Winery vineyards planted in Alon Shvut settlement, Gush Etzion.17
2014”The Bridge” startup accelerator launched by Coca-Cola in Tel Aviv.22
2015CBC donates NIS 50,000 to Im Tirtzu (kept confidential until 2017).5
2015Coca-Cola letter to ADL states it “does not support, endorse or sanction” BDS.23
2016National Beverage Company (Palestinian franchisee) opens $20–25M Gaza bottling plant.24
2016Founder Moshe Wertheim dies (31 August).11
September 2017Israeli media report Coca-Cola named on draft UN HRC settlement-business list.20
February 2020Published UN OHCHR settlement database (112 companies) does not include Coca-Cola; Middle East Monitor issues correction.20
2017 (disclosed)Israel Competition Authority fines CBC NIS 62.7 million for antitrust violations.25
January 2024~100,000 IDF soldiers receive Coca-Cola/Bamba via civilian nonprofit “Operation Juha”; corporate supply relationship unconfirmed.26
January 2024CEO James Quincey deflects “pro-Israeli” question at Davos, citing “an Israeli bottler and a bottler in Gaza.”6
April 2024$1.1 billion Microsoft Azure/AI partnership announced.8
Mid-2024Coca-Cola Bangladesh ad denying Israel ties sparks backlash; briefly withdrawn.27
June 2024CyberArk announces Coca-Cola HBC as identity-security customer.7
2024Tel Aviv District Court rules CBC owes additional tax on deemed royalty payments to TCCC.28
September 2024NBC’s Gaza bottling plant reported destroyed.24
November 2024BDS National Committee designates Coca-Cola a grassroots boycott target, citing Atarot and Tabor Winery.18
February 2025Who Profits database update reconfirms Atarot/Tabor Winery findings; NBC declines comment on boycott impact.29
April 2025Palestine Solidarity Campaign (UK) holds ~35-store “Don’t Buy Apartheid” day of action targeting Coca-Cola brands.30
July 2025UN Special Rapporteur Albanese’s A/HRC/59/23 report does not name Coca-Cola or CBC.9
September 2025UN OHCHR database update (158 businesses) again does not list Coca-Cola.31

Corporate Overview

The Coca-Cola Company is a Delaware-incorporated, Atlanta-headquartered multinational beverage manufacturer with no golden-share or state-linked ownership structure.32 Its Israeli market presence operates entirely through Central Bottling Company (CBC), a privately held Israeli company - not a Coca-Cola Company subsidiary - majority-owned by David Wertheim (62.99%) alongside Reuven Becher, Gil Orion, and Chen Amir (12.33% each), led by CEO Nir Levinger.33 CBC’s portfolio spans carbonated beverages, Prigat juices, Tara Dairy, and Neviot water, making it one of Israel’s largest FMCG conglomerates.34 CBC’s wholly owned subsidiary Central Beverage Distribution Company maintains the Atarot distribution operation identified in CBC’s own branch listing; its 92.5%-owned Tabor Winery sources settlement-grown grapes.1, 17, 3

Coca-Cola’s separate Palestinian franchisee, National Beverage Company (NBC), operated a $20–25 million bottling plant in Gaza (opened 2016, destroyed by 2024) and additional West Bank facilities; NBC is excluded from selling into East Jerusalem, served instead by CBC.24, 35 MIGA (World Bank) provided $2.3 million in insurance coverage for NBC’s Gaza expansion in 2020.36 The primary financial flow between CBC and the parent company is CBC’s payment of concentrate/syrup fees and franchise royalties to TCCC, with a 2024 Israeli court ruling establishing a 12.5% deemed royalty rate embedded in concentrate pricing.28 No public evidence identified of TCCC holding direct equity in CBC.


Domain Summaries

Military: Military

Mechanism of Involvement

No verified contract, tender, or procurement relationship exists between The Coca-Cola Company, CBC, or any subsidiary and the IDF, IMOD, Israel Prison Service, or Israel Border Police.37 The company’s official position is that it “does not fund military operations in any country.”38 The most substantive military-adjacent event is a January 2024 distribution of Coca-Cola and Bamba snacks to over 100,000 IDF soldiers, organised by “Operation Juha,” a civilian nonprofit founded in 2015 in memory of a soldier killed by Hezbollah; no corporate donation by Coca-Cola or CBC to this effort has been documented.26

Counter-Arguments and Evidence Limits

Coca-Cola and CBC do not appear in Israel’s SIBAT defence-export directory, nor in UN Special Rapporteur Albanese’s July 2025 list of sixty-plus companies aiding Israel’s military operations.37, 9 The reviewed Who Profits, AFSC, and industry-database descriptions of Tara Dairy identify civilian operations and customers such as hotels, hospitals, and restaurants; none documents an IDF or security-force supply relationship.19

Named Entities and Evidence Map

CBC founder Moshe Wertheim served in the pre-state Palmach militia and later in Mossad until 1965, before acquiring the Coca-Cola franchise in 1967.11 Current controlling shareholder David Wertheim has no documented FIDF board roles, defence-industry directorships, or public co-belligerency statements.39 CBC’s 2015 donation to Im Tirtzu (a group with self-described IDF-protective aims but no formal military designation) is the only documented military-adjacent charitable link.5

Digital: Digital

Mechanism of Involvement

Israeli-founded cybersecurity firm CyberArk is deployed at independently listed bottling partners Coca-Cola Europacific Partners (CCEP) and Coca-Cola Hellenic Bottling Company (Coca-Cola HBC) - both legally distinct from the parent - for privileged access management.7 CyberArk was acquired by Palo Alto Networks in February 2026, meaning these deployments now sit within a broader identity-security stack retaining Israeli technological lineage.40 Israeli retail-analytics firm Trax lists Coca-Cola among 150+ CPG customers for shelf-monitoring image recognition, including a documented Coca-Cola Hellenic Russia case study.41 Coca-Cola Israel used Face.com-based facial-recognition kiosks at a 2011 marketing event.42

Counter-Arguments and Evidence Limits

No public evidence identified of a direct CyberArk, Check Point, Wiz, SentinelOne, Nice, Verint, or Claroty contract with the parent Coca-Cola Company itself.43 No public evidence identified of Coca-Cola participation in Project Nimbus or any Israeli state-backed cloud programme; the parent’s primary and disclosed cloud relationship is a $1.1 billion Microsoft Azure partnership.8 No public evidence identified of Coca-Cola’s technology deployed for Israeli military, intelligence, or law-enforcement surveillance applications. A 2017–2018 Quantiphi/Coca-Cola facial-recognition prototype used a non-Israeli vendor and was discontinued, with Coca-Cola stating no plans to deploy cameras.44

Named Entities and Evidence Map

CBC’s Atarot distribution center and Tabor Winery’s settlement sourcing are the digital-adjacent domain’s clearest documented facts (via Who Profits/AFSC), though these are economic/political in character rather than technological.45 Coca-Cola board member David B. Weinberg is President of Digital Bandwidth LLC, whose portfolio includes NFR Security, later acquired by Check Point Software in 2006 - a historical, indirect technology-investment linkage.46 The Bridge accelerator (Tel Aviv, 2014) sourced Israeli startups including Anagog and Cimagine (later acquired by Snap); current operational status of the Tel Aviv program is unconfirmed in later sources.22

Economic: Economic

Mechanism of Involvement

CBC’s own sales-and-distribution website lists its Jerusalem branch at HaOtzma Street, Atarot Commercial Center; Who Profits describes the site as a regional distribution center and cooling houses in the Atarot Settlement Industrial Zone, occupied East Jerusalem.1, 3, 4 Tabor Winery (92.5% CBC-owned) sources grapes from West Bank and Golan Heights settlement vineyards, with wines labeled “Product of Israel.”17 TCCC participated in a $10 million Series B round for Israeli logistics firm Bringg in 2017, remaining a listed strategic partner with no public exit.47 The primary financial flow is CBC’s royalty and concentrate-fee payments to TCCC, with a 2024 Israeli court establishing a 12.5% deemed royalty embedded in concentrate pricing.28

Counter-Arguments and Evidence Limits

TCCC holds no direct equity stake in CBC, a privately held Israeli company controlled by the Wertheim family.33 TCCC does not break out Israel as a standalone revenue line, and Israel falls within its broader EMEA segment.48 No public evidence identified of TCCC’s Supplier Guiding Principles containing settlement-specific clauses, nor of formal EU/UK labeling non-compliance findings against Tabor Winery. CBC was itself fined NIS 62.7 million by the Israel Competition Authority in 2017, indicating an arm’s-length regulatory relationship rather than state alignment.25 NBC’s Palestinian franchise operations, including its Gaza plant, have been severely disrupted and reportedly destroyed by the conflict - evidencing Coca-Cola’s Palestinian commercial exposure alongside its Israeli one.24

Named Entities and Evidence Map

CBC (David Wertheim, 62.99%; Reuven Becher, Gil Orion, Chen Amir, 12.33% each; CEO Nir Levinger).33 Tabor Winery as CBC subsidiary. National Beverage Company as the independent Palestinian franchisee.35 Bringg as an Israeli investee company with continuing but unconfirmed post-2020 relationship.47

Political: Political

Mechanism of Involvement

CBC donated NIS 50,000 to Im Tirtzu in 2015, disclosed in 2017 after the Israel Corporations Authority declined the group’s confidentiality request.5 The Coca-Cola Company was honoured by Israel’s government in 1997 for its market support and refusal to comply with the Arab League boycott.13 CEO James Quincey’s only on-record remark on the conflict, at Davos in January 2024, deflected a direct “pro-Israeli” question by citing the existence of both an Israeli and a Gaza bottler.6 Coca-Cola’s Bangladesh franchise ran a 2024 ad denying Israel ties, which triggered backlash.27 BDS Movement formally designated Coca-Cola a boycott target in November 2024, and UK’s Palestine Solidarity Campaign held a coordinated day-of-action against Coca-Cola brands in April 2025.18, 30

Counter-Arguments and Evidence Limits

Coca-Cola’s Israel operations are conducted through an independent, privately owned franchisee rather than a company-owned subsidiary, and the Im Tirtzu donation, Atarot operations, and Tabor Winery sourcing are all attributable to CBC’s independent ownership rather than to TCCC’s own named executives or board.49 No public evidence identified of personal statements, donations, or advocacy-affiliations by TCCC’s C-suite (Quincey, Murphy) directed at Israeli parastatal or military-welfare organisations - a marked contrast to Quincey’s on-record statements on Russia-Ukraine (2022) and Black Lives Matter (2020).50 Coca-Cola’s UN OHCHR settlement-database status remains unresolved: named in 2017 draft reporting, absent from the published 2020, 2023, and September 2025 database updates, with one outlet issuing a correction for erroneous prior inclusion.20 The company is not named in Special Rapporteur Albanese’s July 2025 report.9

Named Entities and Evidence Map

CEO James Quincey; board member David B. Weinberg (Lead Independent Director since July 2024); former Coca-Cola executive Joel Neuman (America-Israel Chamber of Commerce chairman, 2013–2014); CBC ownership (Wertheim family et al.).51


Complicity Index Score (V4)

DomainIMPV-Domain Score
Military1.502.502.500.19
Digital3.205.507.502.51
Economic3.907.007.503.90
Political6.507.008.006.50

V_MAX is set by Political (6.50), reflecting settlement-linked franchise operations, an unresolved UN database history, and a communications posture that has repeatedly avoided direct address of the conflict while continuing standard commercial operations through both Israeli and Palestinian franchisees. The near-floor Military score (0.19) reflects the near-total absence of military-sector evidence and substantially moderates the composite. The resulting BRS of 578 places Coca-Cola in Tier C (High) - a tier driven by documented economic and political settlement-adjacency rather than by any direct defence-sector or digital-surveillance nexus. Scoring follows the scale-free Impact × magnitude/proximity method, is evidence-only, and reflects human-vetted final values.


Methodology Note


Footnotes

  1. https://www.whoprofits.org/companies/company/4081 ↩ ↩2 ↩3 ↩4 ↩5

  2. https://www.whoprofits.org/companies/company/4073 ↩ ↩2

  3. https://cbcsales.co.il/our-services/mediniut-sherut/ ↩ ↩2 ↩3 ↩4

  4. https://www.cocacola.co.il/about/profile.html ↩ ↩2 ↩3

  5. https://www.yediot ↩ ↩2 ↩3 ↩4 ↩5

  6. https://en.globes.co.il ↩ ↩2 ↩3

  7. https://www.cyberark.com/press/coca-cola-hellenic-bottling-company-selects-cyberark-for-identity-security/ ; https://www.businesswire.com/news/home/20240610510539/en/Coca-Cola-Hellenic-Bottling-Company-Selects-CyberArk-for-Identity-Security ↩ ↩2 ↩3 ↩4

  8. https://www.coca-colacompany.com/media-center/the-coca-cola-company-and-microsoft-announce-five-year-strategic-partnership-to-accelerate-cloud-and-generative-ai-initiatives ; https://www.ciodive.com/news/coca-cola-microsoft-generative-ai-cloud-partnership/714056/ ↩ ↩2 ↩3 ↩4

  9. https://www.ohchr.org/sites/default/files/documents/hrbodies/hrcouncil/sessions-regular/session59/advance-version/a-hrc-59-23-aev.pdf ; https://bergensia.com/un-report-more-than-60-companies-directly-aiding-israels-genocide-against-the-palestinians/ ↩ ↩2 ↩3 ↩4 ↩5

  10. https://investigate.afsc.org/company/coca-cola ↩

  11. https://en.globes.co.il/en/article-israel-coca-cola-owner-moshe-wertheim-dies-1001149562 ↩ ↩2 ↩3 ↩4

  12. https://www.whoprofits.org/companies/company/4081 ↩ ↩2

  13. https://www.tabletmag.com/sections/israel-middle-east/articles/breaking-arab-boycott ↩ ↩2 ↩3

  14. https://brusselsmorning.com/does-coca-cola-support-israel-what-you-need-to-know-about-it/71604/ ; https://www.whoprofits.org/companies/company/4081 ↩ ↩2

  15. https://www.palestine-studies.org/en/node/1649529 ↩

  16. https://www.uklfi.com/anti-coca-cola-ads-removed-from-tube ↩

  17. https://www.whoprofits.org/companies/company/4073 ↩ ↩2 ↩3 ↩4

  18. https://bdsmovement.net/news/coca-cola-quenching-israel%E2%80%99s-genocidal-soldiers%E2%80%99-thirst ↩ ↩2 ↩3

  19. https://www.whoprofits.org/companies/company/4081 ; https://investigate.afsc.org/company/coca-cola ; https://www.israeldairy.com/tara-dairy/ ↩ ↩2

  20. https://www.timesofisrael.com/coca-cola-teva-on-un-blacklist-of-settlement-friendly-firms-report/ ; https://www.middleeastmonitor.com/20200212-un-blacklists-112-companies-with-ties-to-illegal-israel-west-bank-settlements/ ↩ ↩2 ↩3 ↩4

  21. https://www.whoprofits.org/companies/company/4081 ↩

  22. https://www.forbes.com/sites/danwoods/2016/12/06/how-coca-cola-is-harvesting-innovation-energy-from-startups/ ; https://www.globalatlanta.com/coca-cola-to-bridge-10-israeli-entrepreneurs-with-global-markets/ ; https://techcrunch.com/2017/06/28/coca-cola-has-built-a-commercialization-bridge-to-startups-worldwide/ ↩ ↩2

  23. https://www.adl.org/resources/letter/coca-cola-assures-adl-it-does-not-endorse-boycotts-israel ↩

  24. https://www.reuters.com/business/retail-consumer/coke-pepsi-boycott-over-gaza-lifts-muslim-countries-local-sodas-2024-09-04 ; https://www.coca-colacompany.com/about-us/coca-cola-system/national-beverage-company ; https://www.arabnews.com/node/1019101/amp ; https://www.timesofisrael.com/coca-cola-inaugurates-new-gaza-bottling-plant/ ↩ ↩2 ↩3 ↩4

  25. https://www.whoprofits.org/companies/company/4081 ↩ ↩2

  26. https://www.timesofisrael.com/over-100000-soldiers-to-receive-bamba-and-coke-thursday/ ↩ ↩2

  27. https://www.aljazeera.com/news/2024/6/12/coca-cola-ad-in-bangladesh-sparks-backlash-for-denying-ties-with-israel ↩ ↩2

  28. https://www.taxand.com/our-thinking/insights/israeli-coca-cola-ruling-expands-the-arms-length-principle ↩ ↩2 ↩3

  29. https://bdsmovement.net/news/coca-cola-quenching-israel%E2%80%99s-genocidal-soldiers%E2%80%99-thirst ; https://www.whoprofits.org/companies/company/4081 ↩

  30. https://palestinecampaign.org/campaigns/dont-buy-apartheid/ ; https://www.ethicalconsumer.org/ethical-campaigns-boycotts/palestine-campaigners-target-coca-cola-israeli-fresh-produce ↩ ↩2

  31. https://www.business-humanrights.org/en/latest-news/israelopt-un-updates-database-of-businesses-involved-in-illegal-israeli-settlements-listing-158-enterprises-from-11-countries/ ; https://www.ohchr.org/en/documents/thematic-reports/ahrc6019-database-all-business-enterprises-involved-activities-detailed ; https://www.aljazeera.com/news/2025/9/26/un-lists-150-firms-tied-to-illegal-israeli-settlements ↩

  32. https://www.whoprofits.org/companies/company/4081 ↩

  33. https://www.whoprofits.org/companies/company/4081 ↩ ↩2 ↩3

  34. https://www.whoprofits.org/companies/company/4081 ↩

  35. https://www.coca-colacompany.com/about-us/coca-cola-system/national-beverage-company ↩ ↩2

  36. https://www.bloomberg.com/news/videos/2024-01-18/coca-cola-ceo-on-obesity-drugs-israel-war-diet-soda-video ; https://www.tbsnews.net/features/panorama/why-are-people-so-mad-coca-cola-878046 ↩

  37. https://www.ohchr.org/sites/default/files/documents/hrbodies/hrcouncil/sessions-regular/session59/advance-version/a-hrc-59-23-aev.pdf ; https://bergensia.com/un-report-more-than-60-companies-directly-aiding-israels-genocide-against-the-palestinians/ ↩ ↩2

  38. https://www.coca-colacompany.com/about-us/faq/does-coca-cola-send-any-of-its-profits-to-the-israeli-army- ; https://www.coca-cola.com/pk/en/about-us/faq/has-coca-cola-made-any-donations-to-israel-in-the-past-does-it-continue-to-do-so ; https://www.coca-cola.com/xf/en/about-us/faq/does-coca-cola-send-any-of-its-profits-to-the-israeli-army ↩

  39. https://en.globes.co.il/en/article-david-wertheim-to-shake-up-coca-cola-israel-management-1001111111 ↩

  40. https://www.paloaltonetworks.com/company/press/2025/palo-alto-networks-announces-agreement-to-acquire-cyberark - the-identity-security-leader ; https://www.paloaltonetworks.com/company/press/2026/palo-alto-networks-completes-acquisition-of-cyberark-to-secure-the-ai-era ; https://siliconangle.com/2026/05/12/idira-launches-palo-alto-networks-extends-cyberark-tech-machine-agentic-identities/ ↩

  41. https://www.timesofisrael.com/retail-data-startup-trax-raises-640-million-in-funding-round/ ; https://traxretail.com/customer-success/coca-cola-hellenic/ ↩

  42. https://www.digitalsignagetoday.com/articles/coca-cola-facial-recognition-kiosk-uploads-straight-to-facebook-video/ ↩

  43. https://www.cyberark.com/customer-stories/coca-cola-europacific-partners/ ; https://www.itnews.com.au/feature/coca-cola-steps-closer-to-becoming-the-worlds-most-digitised-bottling-operation-with-cyberark-578020 ; https://www.paloaltonetworks.com/customers/coca-cola-europacific-partners ; https://www.cyberark.com/press/coca-cola-hellenic-bottling-company-selects-cyberark-for-identity-security/ ; https://www.businesswire.com/news/home/20240610510539/en/Coca-Cola-Hellenic-Bottling-Company-Selects-CyberArk-for-Identity-Security ↩

  44. https://fortune.com/2024/03/29/coke-freestyle-machine-camera/ ↩

  45. https://www.whoprofits.org/companies/company/4081 ; https://www.whoprofits.org/companies/company/4073 ; https://investigate.afsc.org/company/coca-cola ; https://www.alhaq.org/cached_uploads/download/2020/06/02/atarot-settlement-interactive-1591084307.pdf ↩

  46. https://www.coca-colacompany.com/about-us/board-of-directors/david-b-weinberg ; https://investors.coca-colacompany.com/news-events/press-releases/detail/724/marc-bolland-and-david-weinberg-elected-to-the-coca-cola-company-board-of-directors ; https://www.cbinsights.com/investor/digital-bandwidth ↩

  47. https://www.dcvelocity.com/articles/28689-bringg-lands-10-million-investment-from-coca-cola-and-partners ↩ ↩2

  48. https://www.whoprofits.org/companies/company/4081 ↩

  49. https://www.whoprofits.org/companies/company/4081 ; https://www.haaretz.com/israel-news/2017-05-07/ty-article/coca-cola-israel-donated-to-left-bashing-group-im-tirtzu/0000017f-f6fa-d887-a7ff-fefe86c30000 ; https://www.timesofisrael.com/right-wing-ngo-seeks-to-conceal-coca-colas-donation/ ↩

  50. https://english.nv.ua/business/coca-cola-says-it-might-close-down-russia-business-if-ukraine-war-lasts-long-50239681.html ; https://www.sec.gov/Archives/edgar/data/21344/000155278122000242/e22134_ex99-1.htm ; https://www.adobomagazine.com/uncategorized/brand-business-speak-up-as-allies-to-the-black-lives-matter-movement-coca-cola-ceo-james-quincey-urges/ ; https://www.nbcnews.com/business/consumer/want-know-where-all-those-corporate-donations-blm-are-going-n1225371 ↩

  51. https://www.coca-colacompany.com/about-us/board-of-directors/david-b-weinberg ; https://www.atlantajewishtimes.com/neuman-elected-aiccse-board-chairman/ ↩