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Corporate Responsibility Overview

Corporate Responsibility Governance

Reporting Scope

Assurance

 

 

Corporate Responsibility Overview

Our vision is to be a top-performing brewer winning through inspired employees and great brands. As an innovative, brand-led company, we will drive growth, deliver results, reinvest in productivity, and build a winning, value-based culture.

We are committed to reach this vision by living our shared values: Integrity and Respect, Quality, Excelling, Creativity and Passion.

For Molson Coors, “corporate responsibility” is another way of saying that we will strive to achieve our vision while staying true to our shared values. In other words, corporate responsibility is imbedded in all of our business strategies.

The accountability for corporate responsibility rests with our corporate and division leaders who are committed to work towards these results:

  • To be ethical and accountable in our business practices
  • To make quality products that we advertise and sell responsibly
  • To brew and package our products with care for the environment
  • To support the development, engagement and wellness of our people and invest in the communities where we live and work

Our commitment to corporate responsibility and many of our policies are corporate-wide, but our strategies and tactics are not always the same across the company. Our business units are responsible for crafting policies and programs that are meaningful and meet the different needs of their communities. The beer business is a local business, and our work in this area reflects the diversity of culture and institutions in our markets.

In this section of our website, you can learn more about our corporate responsibility performance and our current objectives. We view our efforts in this area, and our reporting here, as work in progress. We will review this site against the Global Reporting Initiative (GRI) and other global standards, and seek greater alignment. We invite your comments to help us to establish reporting boundaries, scope and priorities for the future. We will take your comments and suggestions into account as we update and enhance this site.

 

Corporate Responsibility Governance

The Corporate Responsibility Steering Group, chartered by the Executive Leadership Team, was initiated in 2008. It meets quarterly and is established to enhance the company’s performance towards and reputation for brewing and building great brands the right way – the Molson Coors Way. The Group is made up of representatives from the corporate centre and the business units responsible for delivering performance on 1) Ethics & Governance 2) Product Responsibility 3) Environmental Stewardship 4) People & Community 5) Supply Chain. The Group sets targets, measures & reports performance and builds on the company’s vision to be a top-performing brewer winning through inspired employees and great brands.

Steering Group Membership

The Group includes the following members –

Chief Legal Officer
Chief Supply Chain Officer
Chief People Officer
VP, Alcohol Policy & Corporate Responsibility
VP, Public Affairs
President, Global Brand & Market Development
Chief Legal & Corporate Affairs Officer, Molson Coors (Canada)
Director of Communications, Molson Coors UK
Director Corporate Social Responsibility, MillerCoors

This Group reports to the Executive Leadership Team twice a year and annually through the Audit Committee to the Board.  The day to day management of corporate responsibility is carried out in the relevant functions across the business units and overseen by business unit Corporate Responsibility Councils.

 

Reporting Scope

Our online report features quantitative data for the calendar year 2008 with additional qualitative material from previous years.

In 2007, we conducted a benchmarking exercise of our CR performance against global standards including the GRI. Led by Future 500, senior executives, regional businesses, leaders from CR functions and leaders with key stakeholder relationships participated in the exercise. The 2008 online report builds on this work and highlights the issues that matter most to our stakeholders: our people, our consumers, our customers, our suppliers, the communities in which we live and work, governments and interest groups and explains the importance we place on them.

The reporting scope is global and covers Molson Coors Brewing Company’s business units: Molson Coors (Canada). Molson Coors Brewing Company (UK), MillerCoors in the US, and our international business. For MillerCoors we report legacy Coors (Jan 1, 2008 – July 1, 2008) data combined with 42% of MillerCoors data (July 1, 2008 – Dec 31, 2008).

 

Assurance

Corporate Citizenship

In 2008 we appointed The Corporate Citizenship Company to provide third party assurance of our environmental data. See their Assurance Statement for more details.