Global Brewer features in Carbon Disclosure Leadership Index for
third consecutive year
DENVER & MONTREAL--(BUSINESS WIRE)--Sep. 24, 2013--
Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) has been recognized
as a leader for the transparency and quality of climate change data it
has submitted to the global marketplace through CDP, the world’s only
global environmental disclosure system. The achievement is announced
today in the CDP
S&P 500 Climate Change Report 2013, which tracks how America’s
largest listed companies are acting in response to a changing climate.
CDP’s climate disclosure program is sponsored by 722 investors
representing $87 trillion in assets. Through various channels, including
Bloomberg terminals, CDP Climate Disclosure scores are communicated to
investors and other decision makers to assess corporate preparedness for
changing market demands and emissions regulation.
"We’re proud to be included in the Climate Disclosure Leadership Index,
which underscores the priority we place on driving sustainability and
letting our shareholders and stakeholders know how we’re doing,” said
Peter Swinburn, Molson Coors president and chief executive officer. “We
describe our impact on people, communities and the environment as ‘Our
Beer Print’. Increasingly, we realize the importance our positive
Beer Print matters to our retail customers and brand consumers.”
Molson Coors Chief Supply Chain Officer, Celso White, added,
“Recognition by CDP validates our strategy to build Our Beer Print into
our entire supply chain, ensuring that we drive savings that will make
the business more sustainable, competitive and less exposed to
climate-related risks.”
Paul Simpson, CEO of CDP, comments, “US Companies that score highly
enough to be included in the Climate Disclosure Leadership Index are
responding to the call for greater corporate climate accountability.
They have demonstrated leading practice on the measurement of greenhouse
gas emissions and energy use, and transparency of their climate change
strategy.”
Tom Carnac, President of CDP North America, said, “As we face increasing
impacts from climate change, we are seeing the data companies disclose
to CDP being used at every stage in investment decision making to
identify environmental risks, as well as which companies may be taking
best advantage of environmental opportunities. I congratulate the US
companies featured on the S&P 500 CDLI: they have demonstrated their
ability to provide superior transparency to their stakeholders, a
critical aspect of doing business today.”
In July 2013 Molson Coors announced the issue of its ‘Our Beer Print’ -
2013 Corporate Responsibility Report, outlining savings of $10 million
per year from 2008 through 2012, due to lower use of energy and water,
reduced waste fees and taxes, and sales of materials that would
otherwise have been disposed. In 2012, the company announced ambitious
new long-term targets to achieve further reductions: 25 percent in
energy intensity, 15 percent in GHG intensity and 20 percent in water
per unit of production by the year 2020.
To learn more about Molson Coors’ corporate responsibility efforts,
visit www.molsoncoors.com/responsiblity
or www.OurBeerPrint.com
The S&P 500 report including names of companies featured in the CDLI
can be found at www.cdp.net.
About Molson Coors Brewing Company
Molson Coors Brewing Company is one of the world’s largest brewers. The
Company’s operating segments include Canada, the United States, Europe,
and Molson Coors International. The Company has a diverse portfolio of
owned and partner brands, including signature brands Coors Light, Molson
Canadian, Staropramen and Carling. Molson Coors is listed as the
beverage industry sector leader on the 2013/2014 Dow Jones
Sustainability World Index for the second year, the most recognized
global benchmark of sustainability among global corporations. For more
information on Molson Coors Brewing Company, visit the company’s web
site, www.molsoncoors.com.
Additional Media Materials:
Our Beer Print video - http://youtu.be/MJmqm0-QJSM
About CDP
CDP, formerly known as the Carbon Disclosure Project is an
international, not-for-profit organization providing the only global
system for companies and cities to measure, disclose, manage and share
vital environmental information. CDP works with market forces, including
722 institutional investors with assets of US$87 trillion, to motivate
companies to disclose their impacts on the environment and natural
resources and take action to reduce them. CDP now holds the largest
collection globally of primary climate change, water and forest risk
commodities information and puts these insights at the heart of
strategic business, investment and policy decisions. Please visit www.cdp.net
or follow us @CDP
to find out more.
Source: Molson Coors Brewing Company
Molson Coors Brewing Company
Colin Wheeler, 303-927-2443
colin.wheeler@molsoncoors.com
or
Sébastien
Charbonneau, 514-598-6966
sebastien.charbonneau@molsoncoors.com