Molson Coors Beverage Company

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2021, 2020, 2019, 2018

In its 2022 reporting, Molson Coors Beverage Company disclosed greenhouse gas emissions of 3.7M tCO2e. By scope: Scope 1: 603.3K tCO2e; Scope 2: 333.2K tCO2e; Scope 3: 2.8M tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
3.7M tCO2e
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).603.3K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.333.2K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.8M tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20223.7M tCO2e
2021606.3K tCO2e (Scope 1); 342069 tCO2e (Scope 2 location-based); 363751 tCO2e (Scope 2 market-based); 775069 tCO2e (Scope 3)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Scope 1+2 GHG emissions by 50% (vs. 2016 baseline) by 2025
  • Reduce Scope 1+2+3 GHG emissions by 20% (vs. 2016 baseline) by 2025
  • Achieve 100% recyclable, reusable, or compostable packaging by 2025
  • Achieve a water-to-product ratio of 2.8 hl/hl by 2025
  • All consumer-facing plastic packaging with ≥30% recycled content by 2025

📅 Medium-term

  • Reduce Scope 1+2 GHG emissions by 65% (vs. 2016 baseline) by 2030
  • Western Europe plans to achieve Scope 1+2 net zero for one site by 2030 and for all sites by 2035

🔭 Long-term

  • Achieve net-zero emissions across the value chain by at least 2050

🌱 ESG Focus Areas

PeoplePlanetGovernance

⚠️ Challenges & Risks +

  • Balancing cleaning regimens for a more complex product portfolio impacted water efficiency in 2022
  • Climate change poses acute and chronic physical risks, regulatory and market transition risks

📋 Report Information

Reporting Period: 2022
Frameworks: TCFD, SASB, GRI, UN Global Compact, UN SDGs
Assurance: SLR Consulting Limited (for FY2022 Scope 1 & 2 emissions and specific Scope 3 emissions)