Coca-Cola Details Sponsorship of Health Research
Coca-Cola, the world’s largest producer of sugary beverages, has spent close to $120 million within the past five years to fund research on academic health, as well as partnerships with major medical groups and community fitness programs, according to a posting on the company’s website earlier this week.
The list was released after the company’s chief executive, Muhtar Kent, promised to be more transparent about its partnerships and support for scientific research related to obesity. The move was prompted by criticism that the company has used the research it supports to draw attention away from the role of Coke products in the spread of obesity,
Within the U.S., Coke gave $3.1 million to the American College of Cardiology, close to $3 million to the American Academy of Pediatrics, $2 million to the American Cancer Society, and more than $6 million to the community organization, Boys & Girls Clubs of America. Hundreds of thousands of dollars were also granted to minority community groups such as N.A.A.C.P.
Coke officials noted that the financial investments were made “with the best of intentions.” They added that the company will continue to “support solutions to the public health issues facing people across the United States and around the world.”