Molson Coors named to Dow Jones Sustainability Index for third consecutive year
Posted: 12 September 2014 | Molson Coors Brewing Company | No comments yet
Molson Coors Brewing Company has maintained its listing on the World Index for the third consecutive year and North America Index for the fourth consecutive year…
Molson Coors Brewing Company (NYSE: TAP) has maintained its listing on the World Index for the third consecutive year and North America Index for the fourth consecutive year. The Dow Jones Sustainability World Index recognizes the top 10 percent of global companies, making Molson Coors one of just eight food and beverage companies listed.
“Every day at Molson Coors, we work to delight the world’s beer drinkers, not just with the products we make but in how we run our business,” says Peter Swinburn, Molson Coors president and chief executive officer. “Our continued recognition by the Dow Jones Sustainability Index is a testament to our commitment to continue improving Our Beer Print.”
The DJSI follow a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics. RobecoSAM invites over 3,000 publicly traded companies, including 800 companies in emerging markets, to report annually on their sustainability practices. The Corporate Sustainability Assessment provides an in-depth analysis of financially material economic, environmental and social practices, such as innovation or supply chain management, climate strategy and stakeholder engagement.
DJSI North America tracks the performance of the top 20 percent of the 600 largest Canadian and United States companies in the Dow Jones Global Total Stock Market Index that lead the field in terms of sustainability, while the World Index tracks the performance of the top 10 percent of the 2,500 largest companies.
This year Molson Coors launched its 2020 Sustainability Strategy which integrates how the company manages energy, greenhouse gas emissions and water and solid waste to achieve its 2020 targets of zero waste to landfill, 25 percent energy reduction, and 15 percent reduction in both carbon and water intensity.
- Molson Coors exceeded its 2013 energy efficiency goals, reducing energy intensity by 2.6 percent compared to a 2.3 percent target.
- The company achieved a 2.4 percent water intensity reduction over 2012 and global alignment around a 2020 zero waste to landfill target.
- Molson Coors has committed to reducing the weight of its primary packaging by 4 percent by 2015, and achieved a 6 percent reduction in 2013.
To learn more, review the complete Our Beer Print 2014 Corporate Responsibility Report here or view a customized version here.