Molson Coors Beverage Co

Common Name
Molson Coors Beverage
Country
United States
Sector
Consumer Defensive
Industry
Beverages - Brewers
Employees
16,800
Ticker
TAP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Molson Coors Beverage Company is a multinational brewing company known for producing a diverse range of beer products. It operates under various well-recognized brands such as Coors Light, Molson Cana...

Molson Coors Beverage's Climate Target Data Preview

As of 2024, Molson Coors Beverage has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Molson Coors Beverage ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
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Verified Sources Behind Molson Coors Beverage’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Molson Coors Beverage’s data sources below and access millions more through our Disclosure Search.

a. Molson Coors Beverage's ESG Data Spreadsheet 2024
a. Molson Coors Beverage's ESG Data Spreadsheet 2024

Insights into Molson Coors Beverage's Greenhouse Gas Emissions Pathways

As of 2024, Molson Coors Beverage has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Molson Coors Beverage have a target to reduce the emissions from its operations?

As of 2024, Molson Coors Beverage has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Molson Coors Beverage's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 1,321,936 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016. a

As of 2024, Molson Coors Beverage is ahead of schedule on its operational emissions reduction target, having achieved 49.24% of the planned reduction. a

Molson Coors Beverage's Operational (Scope 1+2) Emissions Pathway

201620242025203020500350 k700 k1.05 M1.4 MBaselineCurrent (-44%)Target 2030 (-65%)Target 2050 (-90%)

Does Molson Coors Beverage have a target to reduce the emissions from its value chain?

As of 2024, Molson Coors Beverage has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Molson Coors Beverage's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 5,403,349 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016. a

As of 2024, Molson Coors Beverage is ahead of schedule on its value chain emissions reduction target, having achieved 34.16% of the planned reduction. a

Molson Coors Beverage's Value Chain (Scope 3) Emissions Pathway

201620242030205001.5 M3 M4.5 M6 MBaselineCurrent (-31%)Target 2050 (-90%)

Does Molson Coors Beverage have a target to reduce its total carbon footprint?

As of 2024, Molson Coors Beverage has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Molson Coors Beverage's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 6,725,285 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016, by 20% by 2025. a

Molson Coors Beverage has already surpassed its total carbon footprint reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule. a

Molson Coors Beverage's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20162024202502 M4 M6 M8 MBaselineCurrent (-33%)Target 2025 (-20%)
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