Progress Against 2008 Targets & Proposed 2009 Targets
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Following a benchmarking exercise of our CR performance against global standards including the GRI (see Reporting Scope) we have picked and sent targets in those issues we think are most relevant to our stakeholders and our business. We would welcome your thoughts on the priorities we have set (see Feedback).
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Issue
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What We Said: 2008
Target
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How We Did
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What's Next: 2009
Target
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| Governance Ethics |
Establish process for regular review of performance by senior management |
Report annually to the Board (through the Audit Committee) and twice a year to the Executive Leadership Team |
Join the UN Global Compact |
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Set up the CR Steering Group, first meetings held in 2009 |
Carry out annual ethics training across the enterprise and report complaints/ resolutions |
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| Alcohol Responsibility |
Formalize the alcohol policy compliance assessment and review |
Revised the Molson Coors Alcohol Policy and extended the policy to include our international business through the marketing mandatories |
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| Environmental Responsibility: Energy |
Establish corporate-wide greenhouse gas reduction targets, enhance reporting through the Carbon Disclosure Project, and seek third-party verification |
Set a 4% efficiency improvement target (Mj/hl) for owned operations (UK & Canada) for 2009; Reported to CDP for the 3rd year; Initiated 3rd party verification of environmental data |
4% efficiency improvement target in energy use; Complete first year of environmental data verification |
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| Environmental Responsibility: Water |
Establish corporate-wide reduction targets, seek third-party verification |
Set a 4% efficiency improvement target (hl/hl) for owned operations (UK & Canada) for 2009; Initiated 3rd party verification of environmental data |
4% efficiency improvement target in water use; Complete first year of environmental data verification |
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| Wellness Safety |
Improvement in lost time and incident severity
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Lost Time Accident - 1.48 vs. target of 1.48 Severity Rate - 25.8 vs. target of 40.5 |
10% improvement in both Lost Time Accident & Severity Rate |
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Better align employee safety, health & wellness programs
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This was largely a US oriented goal and was deferred when Coors US merged with Miller |
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| Community Investments |
Better align employee volunteerism and community investment with corporate responsibility priorities |
Launched Corporate Contributions Principles; Corporate-wide approach to volunteerism was deferred when Coors US merged with Miller |
Set up a committee to coordinate volunteering across the enterprise |
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| People |
Develop common employment principles that reflect commitment to human rights |
Launched corporate-wide Employment Principles |
Increase transparency in People Survey results; Report on employee engagement goal and results |
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| Supply Chain |
Implement Responsible Sourcing Principles & Supplier Sustainbility Program |
These targets were deferred when Coors US merged with Miller |
Implement Responsible Sourcing Principles |
