Molson Coors

Governance and accountability for sustainable development
The company provides evidence of linking performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues.

Sustainable development strategy
The company reports consistently against all its targets.

Scope 1, 2, and 3 greenhouse gas (GHG) emissions
The company is actively working towards reducing its scope 1 and 2 greenhouse gas emissions. It has set time-bound targets to achieve these reductions. Regular progress reports are provided to track progress against these scope 1 and 2 targets. Moreover, the company’s emissions targets are in line with a 1.5-degree trajectory. In addition to scope 1 and 2 emissions, the company is also focused on reducing its scope 3 greenhouse gas emissions. Similar to scope 1 and 2, the company has established time-bound targets for scope 3 emissions reduction and reports progress against them.

Plastic use and packaging waste
The company partakes in activities related to plastic use reduction and transitioning towards sustainable packaging. The company also discloses quantitative data with regards to plastic use reduction and use of sustainable packaging.

Water withdrawal
The company demonstrates reducing water withdrawal in its own operations.

No leading practices were identified in the nutrition area.

No leading practices were identified in the social inclusion area.

Act ethically
The company has a public commitment to protect personal data. Additionally, it discloses a global tax strategy and reports an executive-level body that is responsible for monitoring its tax strategy.

Furthermore, the company has a policy on prohibiting bribery and corruption and includes anti-bribery and anti-corruption clauses in its business relationships’ contracts, along with a grievance mechanism for stakeholders to raise complaints. It also discloses its approach to lobbying and political engagement in a policy statement.

Provide and promote decent work
The company discloses a policy statement committing it to respect its operations workers’ health and safety and expecting its business relationships to do the same. It also provides evidence of monitoring suppliers’ compliance. Furthermore, it reports the proportion of its total direct operations workforce covered by collective bargaining agreements and the share of its total direct operations workforce for each employee category by gender and by people of colour.

Respect human rights
The company has a policy statement committing it to respect the International Labour Organization (ILO) fundamental rights at work and expecting its business relationships to do the same. It also has established a human rights grievance mechanism accessible to all workers and all external stakeholders who may be adversely impacted by the company.

Governance and accountability for sustainable development
The company has an opportunity to disclose whether its highest governance body has expertise with respect to the company’s most material sustainability topics.

Lobbying and advocacy
The company has an opportunity to disclose a list of trade associations of which it is a member. Furthermore, it could provide a clear and detailed framework for assessing the alignment of these trade associations with its sustainability targets and report any (potential) misalignments between the lobbying activities of its trade associations and its sustainability targets.

Stakeholder engagement
The company has an opportunity to disclose how it engages with stakeholders, the issues raised during such activities, and the outcomes of its stakeholder engagement.

Sustainable development strategy
The company states that it has a materiality assessment but could further disclose its process for identifying and prioritising its most relevant sustainability topics and impacts, including how regularly the assessment is undertaken. While it discloses some sustainability objectives/targets including social inclusion, water and climate, it has an opportunity to establish group-wide targets for the most material parts of its value chain.

Scope 1, 2, and 3 greenhouse gas (GHG) emissions
The company’s scope 3 emissions targets can be aligned with a 1.5-degree trajectory.

Food loss and waste
The company has an opportunity to disclose its targets for reducing food loss and waste (FLW) and report on the progress made towards achieving them. Additionally, the company can align its FLW reduction goal with SDG12.3, which aims for a 50% reduction in FLW by 2030.

Water withdrawal
The company has an opportunity to disclose a time-bound target to reduce water withdrawal across its own operations and reports progress against the target. While the company identifies which areas of operation are water-stressed, it has an opportunity to disclose the proportion of withdrawals from water-stressed areas across its own operations. The company can also consider engaging with suppliers to reduce water withdrawal.

Availability of nutritious foods
The company has an opportunity to demonstrate how it is improving the nutritional quality of its products and to set targets to increase the share of more nutritious products in its portfolio.

Clear and transparent labelling
The company has an opportunity to make nutritional information more visible to consumers through the adoption of front-of-pack labels and/or any other consumer-facing nutrition label.

Responsible marketing
The company has an opportunity to disclose a responsible marketing policy that covers all media channels, aimed at reducing children exposure to alcohol marketing and limiting the appeal of alcohol marketing.

Child labour
The company has an opportunity to disclose examples of remediation programmes when a case of child labour is found in its operations and to indicate how it is building the capacity of its suppliers to prevent child labour impacts. While the company prohibits its suppliers from using child labour, it could require them to have an age-verification system in place.

Farmer and fisher livelihoods
The company has an opportunity to identify living income benchmarks and assess living income gaps for some commodities and regions. Also, it could adopt procurement practices and develop supply chain relationships that improve farmers’ income resilience.

Forced labour
While the company does not allow suppliers to retain workers’ personal documents and restrict workers’ freedom of movement, it has an opportunity to disclose similar commitments for its operations. Furthermore, it could prohibit the payment of recruitment fees or related costs in its value chain. To conclude, the company has an opportunity to indicate how it is building the capacity of its suppliers to prevent forced labour impacts.

Living wage
The company has an opportunity to set a target for paying a living wage across its direct suppliers and describe how it determines a living wage for the regions where it sources. Also, it could disclose the percentage of workers across its own operations or suppliers that are paid a living wage.

Act ethically
The company has an opportunity to disclose its process to identify risks and impacts related to bribery and corruption. Furthermore, the company could demonstrate ethical conduct by publishing a policy statement that emphasises its non-participation in political contributions, or alternatively, states the criteria of exceptions. It could also transparently disclose all lobbying expenditures and add a requirement for third-party lobbyists to comply with its lobbying and political engagement policy.

Provide and promote decent work
The company has an opportunity to set a time-bound target for ensuring all workers receive a living wage and describe the living wage determination methodology in the regions where it operates. Furthermore, while it has set expectations on the wage paid by its suppliers, it could add a requirement for them to pay a living wage, and to disclose strategies to support suppliers to make the payment.

Additionally, the company could translate its commitment statements on gender equality and women’s empowerment into a public policy document and establish a specific time-bound target. It also has an opportunity to disclose that it has at least 30% women on the Board of Directors. While it reports its progress in reducing median gender pay gap in the UK, it could disclose the ratio of the basic salary and remuneration of women to men in its total direct operations workforce for each employee category, by significant locations of operation.

Respect human rights
The company has a publicly available statement committing it to respect human rights but has an opportunity to use stronger language to turn the statement into a formal commitment. Additionally, the company could describe the process for identifying human rights risks and impacts across all its activities, including its suppliers, as well as the process for assessing and identifying its salient human rights issues. Moreover, the company could establish a global system to address these salient human rights issues by implementing preventive, mitigative, or remedial measures.