Molson Coors

Sustainability strategy and accountability
The company reports consistently against all its targets. Furthermore, it provides evidence of linking performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues.

GHG emissions
The company has set time-bound targets to reduce its scope 1, 2 and 3 greenhouse gas emissions as well as report progress against them. Additionally, its scope 1 and 2 targets are aligned with a 1.5-degree trajectory.

Resource exploitation and circularity performance
The company discloses activities to improve soil health or agrobiodiversity in its production or sourcing practices.

Solid and air pollution
The company partakes in activities and discloses quantitative data related to plastic use reduction and transitioning towards sustainable packaging, including the proportion of recycled content in its plastic packaging.

Water
The company demonstrates reducing water withdrawal in its own operations. The company has a commitment to respect the right to water.

No leading practices were identified in the social inclusion and community impact 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.

Lobbying
The company does not report on its lobbying and advocacy practices on nature-related issues, nor whether these activities align with its sustainability strategy.

Stakeholder engagement
The company does not disclose how it engages with stakeholders, nor the issues it raises during such activities.

Sustainability strategy and accountability
While the company states that it has a materiality assessment, it has an opportunity to disclose its process for identifying and prioritising its most relevant sustainability topics and impacts. This should include how regularly the assessment is undertaken. Also, the company discloses some sustainability objectives/targets including social inclusion, water and climate. However, there is an opportunity to establish group-wide targets for the most material parts of its value chain. Furthermore, it could disclose whether its highest governance body has expertise with respect to the company’s most material sustainability topics.

Ecosystem conversion and restoration
No evidence was found regarding the company’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

GHG emissions
Crucially, its targets to reduce scope 3 emissions need to align with a 1.5-degree trajectory.

Impact and dependencies assessment
The company has an opportunity to disclose assessments of its impacts on nature, including biodiversity, within its own operations and in its supply chain. It also has the opportunity to disclose its dependencies on nature within its own operations and upstream business relationships.

Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Key areas and species
The company has an opportunity to disclose locations within or adjacent to areas important for biodiversity, both in its own operations and its supplier locations. It could also disclose existing species populations existing in or adjacent to both its own and its suppliers’ locations, as well as the conservation status of species identified at its own sites according to national and international lists.

Resource exploitation and circularity performance
No evidence was found regarding the company’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

Solid and air pollution
The company should commit to avoid developing or marketing new chemicals or products with SVHC (substance of very high concern) properties, as well as work on reducing the production of hazardous substances and waste. It has an opportunity to report on air quality parameters of emissions of harmful air pollutants and disclose time-bound targets to reduce air pollutants across the most material parts of its value chain. The company could also report on the amount of plastic waste generated and proportions directed from or to disposal.

Water
While the company discloses a water use target for barley growth, there is no evidence the company has set a target to reduce water withdrawal across its own operations. The company has an opportunity to engage with suppliers to reduce water withdrawal. The company does not disclose relevant information on water pollution.

Indigenous Peoples’ and land rights
The company does not show if it is committed to respecting Indigenous Peoples’ rights or land rights of local communities.

Safe, clean, healthy and sustainable environment
The company has an opportunity to commit to respecting local communities’ right to a safe, clean, healthy and sustainable environment, and to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders. Moreover, it should track its actual or potential negative impacts on the health of local communities.

Act ethically
The company has an opportunity to disclose its process to identify risks and impacts related to bribery and corruption. Furthermore, the company can demonstrate ethical conduct by publishing a policy statement that emphasizes 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 strengthen its commitment to its workers’ wellbeing by setting a time-bound target for ensuring all workers receive a living wage and detailing 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 has an opportunity to 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. The company 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 right issues. Moreover, the company could establish a global system to address these salient human rights issues by implementing preventive, mitigative, or remedial measures.