It depends a lot...You have different types of COD such as suspended COD, soluble COD, inert COD, readily available COD and so on. So in this case it would be recommended for you to investigate in which fractions you have your COD. One aspect that could be done is to test your wastewater with a respirometric approach and check the oxygen uptake of microorganisms. This could also give you an idea of the potential break down of such molecules via biological metabolisms. I would also recommend you to evaluate a BOD/COD ration.