A Foundation of Integrity
The governance of Molson Coors embraces both strong family traditions and performance-based management. We set our sights on the highest standards of good corporate governance in order to:
- Strengthen shareholder value
- Fulfill our responsibilities to our employees, customers and suppliers
- Satisfy credit, environmental, legal and other regulatory requirements
Responsibility Shared By All
Good corporate governance is the responsibility of our Board of Directors, senior executive team and other employees, who all are bound by our Code of Business Conduct. This Code incorporates best practices for our business, and complies with the requirements of the New York Stock Exchange and U.S. Securities & Exchange Commission.
Winning The Right Way
At Molson Coors, winning the right way matters to us. Our Shared Values unite us and guide our actions. This belief is the cornerstone of our Ethics and Compliance program. Our Audit Committee of the Board of Directors and our internal Ethics and Compliance Committee, comprised of our CEO and his direct reports, help set the direction of our program and hold themselves accountable to the same standards of ethical behavior.
Board of Directors Oversight
Our Board of Directors is elected by the stockholders to oversee their interests and to foster the long-term success of the Company in accordance with the provisions of our Certificate of Incorporation and Bylaws. The Board serves as the ultimate decision-making body of the Company, except for those matters reserved for or shared with our stockholders. The Board selects our Chief Executive Officer and oversees the members of senior management, who are charged with conducting the business of the Company.
- Certificate of Incorporation
- Summary Description of Capital Stock
- Finance Committee Charter
- Audit Committee Charter
- Board Of Directors Charter & Corporate Governance Guidelines
- Compensation & Human Resources Committee Charter
- Nominating Committee Charter
Sustainability is a priority to our Board, embedded into our Company's strategy and integrated into the expectations of our senior and other leaders. To govern Sustainability, a Sustainability Council was formed in January 2012, chartered by the Executive Leadership Team, and with accountability for delivering performance in the strategic, operational and commercial areas of the business including climate strategy. The Council enhances performance and the company's reputation and supports the business’ ambition to be ‘First Choice for Consumers and Customers’ through sustainability. The Council is sponsored by the Chief People & Legal Officer and Chief Supply Chain Officer and chaired by the sustainability lead. The Council reports to the Executive Leadership Team and directly to the Board of Directors.
Sustainability key performance indicators are also integrated into the performance review by the Executive Leadership Team, which reports to all leaders and communicates to all employees, across all our regions. The Board of Directors also reviews our sustainability performance as part of their overall company performance oversight.