Molson Coors Receives Industry Recognition for Sustainability Performance
27 Jan 2014 --- Molson Coors Brewing Company has announced that it has been selected for inclusion in the RobecomSAM’s Sustainability Yearbook 2014 and has received the Industry Leader and Gold Class distinction for its excellent sustainability performance.
This acknowledgement follows the brewer’s recent recognition on the Dow Jones Sustainability Index as World Beverage Sector Leader, and as a leader for the transparency and quality of climate change data it has submitted to the global marketplace through Carbon Disclosure Project (CDP), the world’s only global environmental disclosure system.
This is the second consecutive year that Molson Coors has been awarded a Gold Class distinction and Industry Leaders in the Sustainability Yearbook.
"We’re proud to be included in the Sustainability Yearbook 2014. This recognition underscores the priority we place on driving sustainability improvements and letting our shareholders and stakeholders know how we’re doing,” said Peter Swinburn, Molson Coors president and chief executive officer. “We describe our impact on people, communities and the environment as ‘Our Beer Print’. Increasingly, we realize the importance our retail customers and brand consumers place on our positive Beer Print. ”
In July 2013, Molson Coors announced the issue of its ‘Our Beer Print’ - 2013 Corporate Responsibility Report, outlining savings of $10 million per year from 2008 through 2012, due to lower use of energy and water, reduced waste fees and taxes, and sales of materials that would otherwise have been disposed. In 2012, the company announced ambitious new long-term targets to achieve further reductions: 25 percent in energy intensity, 15 percent in greenhouse gas intensity and 20 percent in water per unit of production by the year 2020.
The Sustainability Yearbook looks back at companies’ sustainability performance in 2013 and ranks them as Gold, Silver or Bronze. The top performing company from each of the 59 industries is awarded RobecoSAM Industry Leader. Since 1999, RobecoSAM has been assessing and documenting the sustainability performance of over 2,000 corporations on a yearly basis and has a sophisticated proprietary database.
This year, RobecoSAM made it more challenging to be a yearbook member. Not only do companies need to be in the top 15 percent of their industry but they must also achieve a score within 30 percent of their Industry Leader’s score.
