![]() The Company is exploring renewable energy options for locations in North America as well as part of an ambitious goal to lower absolute emissions within direct operations by 50 percent by 2025. In March 2021, Molson Coors became the first major brewer in the UK to rely entirely on green electricity to power facility operations. After all, water is our most important ingredient and the Earth’s most precious resource,” said Natalie Lau, Molson Coors’ corporate responsibility manager. “As one of the world’s largest brewers, we strive to leave a positive imprint on freshwater resources around the world. Earlier this year, Molson Coors participated in the launch of the Texas Water Action Collaborative, which brings public and private partners together to fund and execute water quality and quantity enhancement projects in the region. The business also continues to demonstrate its leadership in Texas’ Trinity River Basin, where it has teamed with other businesses and local conservation organizations since 2012 to preserve the Basin, which is the primary water source for its Fort Worth Brewery. Sustainable water use is only one half of Molson Coors commitment to water stewardship. Globally, the company reduced its water-to-beer ratio by 3 percent to just 3.23 hl/hl (compared to 3.41 hl/hl in 2019). In 2020, the Milwaukee Brewery (Milwaukee, Wis.) reduced its water use another 8.2 percent by further optimizing clean-in-place processes. Molson Coors continues to find ways to make beer with less water, as evidenced by year-over-year reductions in operational water use as well as water used in its agricultural supply chain. The refreshed strategy also focuses Molson Coors environmental efforts on the three areas where the business believes it can have the greatest impact: Water, Climate and Packaging. We are continuing to build new programs and find new ways we can make meaningful impacts within our communities as well.” At the same time, representation is only one element of an equitable society. We recognize that we have an opportunity to drive more inclusivity within our industry, and we take our role in this seriously. “Women and people of color are and have historically been underrepresented within the beer industry. “Representation is a critical first step to building an inclusive workplace,” said Steven Brown, Vice President of Diversity Equity Inclusion at Molson Coors. at the national and local levels focused on fighting racial injustice. In 2020, Molson Coors donated $1.5 million to organizations across the U.S. ![]() In addition to ensuring stronger, more diverse representation within the enterprise, Molson Coors has programs in place to empower and support employees as well as partners throughout its value chain. by 25 percent and improving representation of women on an enterprise-wide level by 2023. ![]() New People goals include increasing people of color representation in the U.S. Molson Coors new People strategy, centered on Diversity, Equity and Inclusion, guides how the Company operates internally as well as how it will continue to grow on its revitalization journey. But these steps are just the beginning of the work we must do, and we look forward to reporting more progress on our journey each year.” “We’re proud that we’re taking meaningful steps toward building a more equitable society and a more inclusive beer industry by strengthening our focus on diversity, equity and inclusion. “At Molson Coors, we are committed to supporting our people and the planet in ways that are responsible and sustainable for the long-term,” said Gavin Hattersley, Chief Executive Officer at Molson Coors Beverage Company. As a global beverage company with roots in beer, alcohol responsibility remains one of Molson Coors foundational priorities and core values. ![]() Molson Coors new People pillar prioritizes diversity, equity and inclusion while the refreshed Planet pillar maintains the Company’s focus on water, climate and packaging. ![]() The updated strategy reflects the importance of both social and environmental issues as well as the critical role businesses have in finding and implementing meaningful, long-term solutions. & MONTREAL-( BUSINESS WIRE)-Molson Coors Beverage Company (NYSE: TAP TSX: TPX) today released its 2021 annual Environmental Social Governance (ESG) report with a refreshed strategy that focuses on two key pillars: People and Planet. ![]()
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