The report highlights the company's progress in 2020 against its material ESG issues. The report aligns with the GRI Standards, CEO Water Mandate, Principles of the United Nations Global Compact, and UN Sustainable Development Goals. The company has achieved a 5.87% reduction in water-to-beer ratio, restored 2.6 billion gallons of water, reduced carbon emissions by 24.1% in its direct operations and 22.5% across its value chain, and achieved 99.3% reusable, recyclable or compostable packaging. The company has invested $1.5 million in its Project Justice initiative, which supports the African American/Black community, and has pledged another $1.5 million in 2021. The company has also partnered with the Soil Health Institute to encourage farmers to adopt soil health management practices that contribute to a more regenerative agricultural system.
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Molson Coors Beverage Company 2021 ESG Report
Issuing Company Molson Coors Beverage Company
Report Type Sustainability Report
Report Language EN
Report Filesize 6.96 MB
No. of Pages 54 pages
Reporting periodJanuary 1-December 31, 2020
Report EditionUnknown
Assurance Provider Corporate Citizenship
Reporting Standards GRI; UNGC; CEO Water Mandate; others
Materiality Assessmenttrue