Molson Coors Beverage Company

Distillers & Vintners
TAP
$ 56 0.65
Share price
$ 12 bn
Market Cap
$ 19 bn
Enterprise Value

Carbon footprint

54 Ton
GHG emissions per $ 1 mln investment
1.9x the weighted average for S&P 500
FY2020
How is this calculated?
-4.1%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-6.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2021
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

+0.8%
Proj. YOY change in GHG emissions (all Scopes)
FY2021
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This target is most likely outdated and the company appears to have already achieved it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 2020 at 1,018 Kt (-43 /-4.1% y-o-y). At the same time, carbon intensity grew to 105 t (+5.1/+5.1% y-o-y).

Molson Coors Beverage Company's Scope 3 emissions decreased to 4,257 Kt (-315 /-6.9% y-o-y). This is a higher rate of decline than over the period since 4Q'16 (-5% CAGR).

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 -70 Kt per annum over the period of FY2021 - 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 2020. 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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