Molson Coors Receives Improved Marks In Their Return to Dow Jones Sustainability Index
09/14/2012 – Molson Coors Brewing Company (NYSE: TAP) announced today that it has been named to the Dow Jones Sustainability North America Index for the second consecutive year. Of the 140 companies that achieved listing on this year’s North America Index, Molson Coors is one of only seven companies included in the Food and Beverage category. This year, Molson Coors was also listed on the Dow Jones Sustainability World Index (DJSI) in the company of ten other food and beverage companies and was appointed Beverage Sector Leader.
Molson Coors received marked increases in key areas of review, including: Brand Management, Strategy for Emerging Markets, Climate Strategy, Raw Material Sourcing, Human Capital Development and Supply Chain Management.
"We’re pleased to be included in the DJSI North America for the second year running, and proud to have been included in the World Index for the first time,” said Peter Swinburn, Molson Coors president and chief executive officer. “Molson Coors is focused on continuing to make progress improving what we call ‘Our Beer Print,’ which details our impacts on our communities, people and the environment. Continued recognition on DJSI demonstrates our ongoing commitment to advance year after year.”
The DJSI follow a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics. SAM invites the world’s 2,500 largest companies (by free-float market capitalization) from the 58 sectors to report annually on their sustainability performance. The result of the Corporate Sustainability Assessment provides an in-depth analysis of economic, environmental and social criteria, such as corporate governance, water-related risks and stakeholder relations, with a special focus on industry-specific risks and opportunities.
DJSI North America tracks the performance of the top 20 percent of the 600 largest Canadian and United States companies in the Dow Jones Global Total Stock Market Index that lead the field in terms of sustainability, while the World Index tracks the performance of the top 10 percent of the 2500 largest companies.
Molson Coors also recently announced the issue of its 2012 Corporate Responsibility (CR) Report, covering the company’s performance in five key areas: Governance and Ethics, Alcohol Responsibility, Environmental Stewardship, Employees and Community and Responsible Sourcing. As part of this report, Molson Coors has announced three ambitious 2020 goals, benchmarked to 2011: 1) improve energy efficiency by 25 percent, 2) increase water efficiency by 20 percent, and 3) reduce carbon use by 15 percent.
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