Molson Coors Recognized for Climate Initiatives

For the third consecutive year, Molson Coors is featured in the Carbon Disclosure Leadership Index.

September 26, 2013

DENVER and MONTREAL – Molson Coors Brewing Company has been recognized by CDP, the world’s only global environmental disclosure system, “as a leader for the transparency and quality of climate change data it has submitted to the global marketplace.”

The recognition was announced earlier this week in the “CDP S&P 500 Climate Change Report 2013,” which tracks how America’s largest companies are acting in response to a changing global climate.

"We’re proud to be included in the Climate Disclosure Leadership Index, which underscores the priority we place on driving sustainability and letting our shareholders and stakeholders know how we’re doing,” said Peter Swinburn, Molson Coors president and chief executive officer. “We describe our impact on people, communities and the environment as ‘Our Beer Print’. Increasingly, we realize the importance our positive Beer Print matters to our retail customers and brand consumers.”

“Recognition by CDP validates our strategy to build Our Beer Print into our entire supply chain, ensuring that we drive savings that will make the business more sustainable, competitive and less exposed to climate-related risks,” added Molson Coors Chief Supply Chain Officer, Celso White.

This past July, Molson Coors announced the issue of its ‘Our Beer Print’ — 2013 Corporate Responsibility Report, outlining savings of $10 million per year from 2008 through 2012, due to lower use of energy and water, reduced waste fees and taxes, and sales of materials that would otherwise have been disposed.

And last year, the company announced additional long-term reductions: 25% reduction in energy intensity, 15% in GHG intensity, and 20% in water per unit of production by the year 2020.

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