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.
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.
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.
Molson Coors's score of 66 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Molson Coors reported total greenhouse gas emissions of approximately 4,000,012,000 kg CO2e, comprising 600,567,000 kg CO2e from Scope 1, 268,555,000 kg CO2e from Scope 2, and a significant 3,890,012,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 603,320,000 kg CO2e in 2022 and a reduction in Scope 2 emissions from 333,157,000 kg CO2e in the same year. However, Scope 3 emissions increased from 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, using 2016 as a baseline. Additionally, the company plans to cut Scope 3 emissions by 20% within the same timeframe. Looking further ahead, Molson Coors has committed to achieving net-zero emissions across its entire value chain by 2050, with interim targets of reducing Scope 1 and 2 emissions by 65% by 2030 and 90% by 2050, alongside a 40% reduction in Scope 3 emissions by 2030. These targets align with industry standards and reflect Molson Coors's commitment to addressing climate change and reducing its carbon footprint in the brewing sector.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2010 | 2011 | 2012 | 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,760,115,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.