is Coca Cola anything special for you?, page-8

For the ethical investor (which is of course a spectrum and not binary, therefore arguable), coca cola poses several issues.

Chiefly, their seemingly abhorrent abuse of water resources (namely aquifer depletion) in third world nations has a profoundly detrimental effect on local inhabitants. India is a very good example.

I will not buy coca cola products for this reason. I certainly will not buy their stock.

It's a moral judgement for me.