Monster Beverage

No leading practices were identified in the governance and strategy area.

Plastic use and packaging waste
The company demonstrates commitment, has policies or partakes in activities related to plastic use reduction and transitioning towards sustainable packaging. It also discloses quantitative data with regards to plastic use reduction and use of sustainable packaging.

No leading practices were identified in the nutrition area.

Forced labour
The company discloses that it identifies, assesses and addresses the risk of modern slavery across its supply chain. Further, it provides training to its key team members and internal auditors to recognise and combat forced labour and human trafficking.

Act ethically
The company has a policy prohibiting bribery and corruption and discloses a public commitment to protect personal data. Moreover, the company has a grievance mechanism for stakeholders to raise concerns and complaints regarding bribery and corruption.

Provide and promote decent work
The company has a publicly available policy statement that emphasises the importance of their business relationships respecting the health and safety of their workers and publicly commits to upholding the health and safety of their workers through their policy statement. Additionally, the company discloses the percentage of employees in each category by race or ethnicity within their total direct operations workforce. Lastly, the company has 30% women on its board.

Respect human rights
The company has a publicly available policy statement committing it to respect both the ILO core labour rights and human rights. Additionally, the company provides a case study that describes how it has addressed a significant human rights risk issue. Furthermore, the company indicates that it has a human rights grievance mechanism accessible to all workers and all external stakeholders who may be affected adversely by the company.

Governance and accountability for sustainable development
The company has an opportunity to link performance criteria in senior executives’ remuneration policies to targets and objectives which cover environmental and social issues. Furthermore, it could 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 report on its lobbying and advocacy practices on sustainability-related issues, and whether these activities align with its sustainability strategy.

Stakeholder engagement
The company has an opportunity to disclose an overview of the issues raised by each stakeholder group during its stakeholder engagement activities and to describe its process for engaging with stakeholder groups, beyond its materiality assessment.

Sustainable development strategy
The company has an opportunity to disclose its process for identifying and prioritising its most relevant sustainability topics and impacts. Furthermore, while it discloses some sustainability objectives/targets including climate, it has an opportunity to establish group-wide targets for the most material parts of its value chain. Additionally, it could report consistently against all its targets.

Scope 1, 2, and 3 greenhouse gas (GHG) emissions
The company has disclosed its commitment to setting a scope 1 and 2 reduction target by the end of 2023 in line with a 1.5-degree pathway. However, it could provide evidence of group-wide targets to reduce its scope 1 and 2 emissions across all divisions and provide clearer targets in its disclosure. Additionally, the company has the opportunity to report on its progress towards these targets.

Regarding scope 3 emissions, the company states its commitment to completing a full scope 3 GHG inventory by the end of 2023. However, there is an opportunity to establish targets for scope 3 emissions reduction.

Soil health and agrobiodiversity
The company has an opportunity to enhance its disclosures relating to soil health and agrobiodiversity.

Water withdrawal
The company has an opportunity to enhance its disclosures relating to water use and withdrawal.

Availability of nutritious foods
The company provides examples of reformulated products. However, there is potential for improvement in reporting its overall efforts to reduce sugar, salt, and fat, and/or increase the presence of positive nutrients in its entire portfolio. Additionally, there is an opportunity for the company to adopt a nutrient profiling system and to set a sales-based target to increase the proportion of more nutritious products.

Clear and transparent labelling
The company has an opportunity to adopt front-of-pack labels or any other consumer- facing nutrition labels that support consumers with making healthier food choices. Additionally, the company can disclose the percentage of products that have implemented their front-of-pack labelling schemes.

Food safety
The company has an opportunity to disclose its commitment to food safety and demonstrate that its operations and supply chain adhere to food safety standards.

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 disclose a progressive trend in eliminating forced labour from its supply chain.

Health and safety of vulnerable groups
The company has an opportunity to recognise and assess the health and safety risks to vulnerable groups, such as migrant and temporary labourers, women and young farmers. Furthermore, it could provide evidence of support activities that improve the health and safety of vulnerable groups.

Act ethically
The company has a process in place to identify instances of bribery and corruption but could disclose the specific details of this process. Additionally, while it includes anti-bribery and anti-corruption clauses in its contracts with business relationships, it could also describe the consequences of breaching these clauses. Furthermore, it could disclose its processes for identifying and addressing bribery and corruption and a grievance mechanism allowing stakeholders to raise related concerns. 

The company also has an opportunity to publish a policy statement that outlines its approach to lobbying and political engagement. Although it has a publicly available policy statement that specifies that political contributions must be made in compliance with all applicable federal, state and local laws and regulations, it could also disclose that it only allows political contributions by exception. Moreover, it could divulge its lobbying expenditures.  

Provide and promote decent work
The company could disclose a time-bound target for paying all workers a living wage or mention that it has achieved paying all workers a living wage. It could also describe how it determines a living wage for the regions in which it operates, and explain how it works to support their suppliers in paying a living wage to their workers.

Furthermore, while the company has a statement on gender equality and women’s empowerment it could formalise it into a policy document and disclose related targets. It could also disclose the representation of women on the highest governance body and the ratio of the basic salary and remuneration of women to men.

Respect human rights
The company has an opportunity to disclose a policy statement expecting its business relationships to respect the ILO fundamental rights, which applies across all contexts and locations.

Additionally, it has the opportunity to describe a comprehensive process for identifying human rights risks and impacts across all its activities and supply chain, as well as assessing and identifying what it considers to be its salient human rights issues. The latter could include a description of how relevant factors, such as geographical, economic and social, are taken into account. Furthermore, it could also reveal a global system to address its salient human rights issues by preventing, mitigating or remediating them.