Molson Coors Beverage Company

Brewers
TAP
$ 56 0.56
Share price
$ 12 bn
Market Cap
$ 18 bn
Enterprise Value

Carbon footprint

53 Ton
GHG emissions per $ 1 mln investment
1.4x the weighted average for S&P 500
FY2021
How is this calculated?
-4.7%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-7.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Molson Coors Beverage Company aims to reduce Scope 1 + 2 by 50% by 2025 from a base year 2016


This target has not been verified as science based according to SBTi
Molson Coors Beverage Company's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

+2.8%
Proj. YOY change in GHG emissions (all Scopes)
FY2022
How is this calculated?

Molson Coors Beverage Company aims to reduce all Scopes by 20% by 2025 from a base year 2016

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Molson Coors Beverage Company's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Molson Coors Beverage Company's GHG emissions (market-based) (Kt of CO2e)
Molson Coors Beverage Company's Carbon intensity (Tons per 1 USDm)

Molson Coors Beverage Company's carbon footprint

Molson Coors Beverage Company reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 970 Kt (-48 /-4.7% y-o-y). At the same time, carbon intensity was up at 105 t (+5.1/+5.1% y-o-y).

Molson Coors Beverage Company's Scope 3 emissions was down at 3,961 Kt (-296 /-7% y-o-y). The decline accelerated compared to the CAGR of -5.3% since 4Q'16.

The company is committed to reducing Scope 1 + 2 by 50% by 2025 from a base year 2016, which translates into the estimated reduction of -75 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing all Scopes by 20% by 2025 from a base year 2016, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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