How Does Custom Reporting Work?
There are two ways to create your custom Molson Coors corporate responsibility report. You can browse the Responsibility section of our website and select Add to My Report for topics that interest you; or, you can go to our custom report builder (link to report builder page) and check the box next to each topic to prepare a report built just for you.
Corporate Responsibility (CR) is a Board priority, embedded into the Company's strategy and integrated into the expectations of senior and other leaders. To govern CR a CR Council was formed in January 2012, chartered by the Executive Leadership Team, and with accountability for delivering performance in the strategic, operational and commercial areas of the business including climate strategy. The Council enhances performance and the company's reputation and supports the business’ ambition to be ‘First Choice for Consumers and Customers’ through corporate responsibility. The Council is sponsored by the Chief People & Legal Officer and Chief Supply Chain Officer and chaired by the Chief Corporate Responsibility Officer. The Council reports to the Executive Leadership Team three times a year and twice a year directly to the Board of Directors.
Remuneration Tied to ESG
Monetary reward in performance pay is rewarded to the Corporate Executive Team; Chief Executive Officer; Chief Operating Officer; and the entire Management group on the basis of the following indicators:
- Performance against our 2020 Sustainability Targets such as Energy used per hl of production (MJ/hl), and Water consumption per hl of production (hl/hl),
- Performance in external benchmarking indices (such as Carbon Disclosure Project and Dow Jones Sustainability Index) , and
- Responsibility of alcohol products as measured through performance of the CEO Producer Alcohol Commitments
These indicators form part of the BrewHouse Operating Scorecard and are integrated into a larger suite of metrics which drive our business at a global level. The Corporate Executive Team are rewarded on the basis of this entire suite of metrics.
Monetary reward in performance pay is rewarded to Business unit managers; Energy managers; Environment/sustainability managers; Process operation managers; and Risk managers on the basis of 4 indicators:
- Fuel used per hl of production (MJ/hl),
- Electricity consumed per hl of production (MJ/hl),
- Carbon emissions per hl of production (kgCO2e/hl),
- Water consumption per hl of production (hl/hl).
Non-monetary recognition for efforts undertaken to reduce carbon emissions, energy use and water consumption is heavily used as a method of generating excitement amongst employees in sustainability. We employ Yammer as an internal social media network to recognize accomplishments.
Corporate responsibility key performance indicators are integrated into the quarterly company performance review by the Executive Leadership Team, the company quarterly report to all leaders and quarterly communication to all employees, across all our regions. The Board of Directors also review CR performance as part of their overall company performance oversight. Twice a year, the Board undertakes a deeper dive into a corporate responsibility topic of particular importance or relevance.
We work with our suppliers and vendors to assure responsibility throughout the supply chain.