Molson Coors

Molson Coors, headquartered in the US and operating in the beverages industry, reported a total of approximately 4.84 billion kg CO2e in emissions for the year 2024. This figure encompasses Scope 1, 2, and 3 emissions. For Scope 1 emissions, the company reported approximately 564.22 million kg CO2e, and for Scope 2, approximately 210.61 million kg CO2e. Scope 3 emissions accounted for the largest portion, totalling approximately 3.79 billion kg CO2e.

Looking at previous years, Molson Coors emitted approximately 4.76 billion kg CO2e in 2023, with Scope 1 at approximately 600.57 million kg CO2e, Scope 2 at approximately 268.56 million kg CO2e, and Scope 3 at approximately 3.89 billion kg CO2e. In 2022, total emissions were approximately 4.67 billion kg CO2e, comprising approximately 603.32 million kg CO2e for Scope 1, 333.16 million kg CO2e for Scope 2, and 3.73 billion kg CO2e for Scope 3.

Molson Coors has set ambitious climate commitments, including a near-term target to reduce absolute Scope 1 and 2 emissions by 65% by 2030, against a 2016 baseline. Additionally, they aim to reduce absolute Scope 3 emissions by 40% within the same timeframe. For the long term, Molson Coors commits to reaching net-zero GHG emissions across its value chain by 2050. They also have a long-term target to reduce absolute Scope 1 and 2 emissions by 90% by 2050 from a 2016 baseline, with a corresponding 90% reduction target for Scope 3 emissions over the same period. These targets are aligned with a 1.5°C warming scenario.