Molson Coors
Molson Coors Beverage Company, commonly referred to as Molson Coors, is a leading player in the global brewing industry, headquartered in the United States. Founded in 1786, the company has a rich heritage and has evolved through significant milestones, including the merger of Molson and Coors in 2005, which solidified its position in the market. With major operational regions across North America and Europe, Molson Coors offers a diverse portfolio of beverages, including iconic brands such as Coors Light, Miller Lite, and Molson Canadian. What sets these products apart is their commitment to quality and innovation, appealing to a wide range of consumers. As a prominent name in the beverage sector, Molson Coors continues to achieve notable success, focusing on sustainability and responsible drinking, further enhancing its reputation in the industry.
DitchCarbon Score
How does Molson Coors's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Beverage Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Molson Coors's score of 63 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Molson Coors's reported carbon emissions
In 2023, Molson Coors reported total greenhouse gas emissions of approximately 6,000,000 kg CO2e for Scope 1, about 269,000,000 kg CO2e for Scope 2, and around 3,890,000,000 kg CO2e for Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 2022, where they were about 603,000,000 kg CO2e, and a reduction in Scope 2 emissions from approximately 333,000,000 kg CO2e. However, Scope 3 emissions increased from about 3,731,920,000 kg CO2e in 2022. Molson Coors has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 50% by 2025 from a 2016 baseline. Additionally, they plan to cut Scope 3 emissions by 20% within the same timeframe. Long-term goals include achieving a 90% reduction in all scopes by 2050, with interim targets of 65% reductions in Scope 1 and 2 emissions by 2030 and 40% in Scope 3 emissions. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to reaching net-zero emissions across its value chain by 2050. The data reported is not cascaded from any parent organization, indicating that these figures and commitments are specific to Molson Coors.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 448,040,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 692,047,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 5,289,180,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Molson Coors is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
