According to Coca-Cola, 74 percent of voting shareholders voted against the proposal. The 26 percent that voted ‘yes’ was up from 22 percent for a nearly identical proposal last year.
“We have provided as much information as we can without divulging propriety information, competitive information,” chief executive Muhtar Kent told an audience of more than 1,000. “If we had any sliver of doubt about the safety of our packaging, we would not continue to use (BPA).”
Kent said the company was working with its suppliers to investigate possible alternatives.