Press release from Business Wire
Molson Coors Receives Industry Recognition for Sustainability Performance
<p class='bwalignc'> <i>Global Brewer included in the 2014 Sustainability Yearbook and received Industry Leader and Gold Class distinction for its sustainability performance</i> </p>
Friday, January 24, 2014
Molson Coors Receives Industry Recognition for Sustainability Performance12:38 EST Friday, January 24, 2014
DENVER & MONTREAL (Business Wire) -- Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) has announced that it has been selected for inclusion in the RobecomSAM's Sustainability Yearbook 2014 and has received the Industry Leader and Gold Class distinction for its excellent sustainability performance. This acknowledgement follows the brewer's recent recognition on the Dow Jones Sustainability Index as World Beverage Sector Leader, and as a leader for the transparency and quality of climate change data it has submitted to the global marketplace through Carbon Disclosure Project (CDP), the world's only global environmental disclosure system.
This is the second consecutive year that Molson Coors has been awarded a Gold Class distinction and Industry Leaders in the Sustainability Yearbook.
"We're proud to be included in the Sustainability Yearbook 2014. This recognition underscores the priority we place on driving sustainability improvements 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 retail customers and brand consumers place on our positive Beer Print. ”
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 greenhouse gas intensity and 20 percent in water per unit of production by the year 2020.
The Sustainability Yearbook looks back at companies' sustainability performance in 2013 and ranks them as Gold, Silver or Bronze. The top performing company from each of the 59 industries is awarded RobecoSAM Industry Leader. Since 1999, RobecoSAM has been assessing and documenting the sustainability performance of over 2,000 corporations on a yearly basis and has a sophisticated proprietary database.
This year, RobecoSAM made it more challenging to be a yearbook member. Not only do companies need to be in the top 15 percent of their industry but they must also achieve a score within 30 percent of their Industry Leader's score.
To learn more about Molson Coors' corporate responsibility efforts, visit
www.molsoncoors.com/responsiblity or www.OurBeerPrint.com
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 2012/2013 Dow Jones Sustainability World Index, 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.
About the Sustainability Yearbook
For more information visit the RobecoSAM Sustainability Yearbook microsite: yearbook.robecosam.com
You will find:
- Sustainability Leaders 2014
- Webcast interview with Daniel Wild, PhD, Head of Sustainability Investing Research & Development
- Industry Profiles: 59 Industries at a Glance
- Top 15 Industries by Participation Rate
- Yearbook Construction Methodology Overview
RobecoSAM is an investment specialist focused exclusively on Sustainability Investing. Its offerings comprise asset management, indices, private equity, engagement, voting, impact analysis and sustainability assessments as well as benchmarking services. Asset management capabilities include a range of ESG-integrated investment and theme strategies (in listed and private equity) catering to institutional asset owners and financial intermediaries across the globe. Together with S&P Dow Jones Indices, RobecoSAM publishes the globally recognized Dow Jones Sustainability Indices (DJSI). Based on its Corporate Sustainability Assessment, an annual ESG analysis of over 2,500 listed companies, RobecoSAM has compiled one of the world's most comprehensive sustainability databases. RobecoSAM's proprietary research and sustainability insight, gained through its direct contact with companies, are fully integrated into its investment solutions.
In 1995, RobecoSAM was founded on the conviction that integrating ESG factors into traditional financial analysis leads to a better informed investment decision. RobecoSAM is a member of the global pure-play asset manager Robeco, which was established in 1929 and was acquired by ORIX Corporation in 2013. As a reflection of its own commitment to advocating sustainable investment practices, RobecoSAM is a signatory of the UNPRI and a member of Eurosif, ASrIA and Ceres. Approximately 120 professionals work for RobecoSAM, which is headquartered in Zurich. As of June 30, 2013, RobecoSAM listed and private equity* had assets under management, advice and/or license of approximately USD 11.8 billion. Additionally, RobecoSAM's Governance & Active Ownership team** had EUR 53 billion of assets under engagement and EUR 35 billion of assets under voting.
Molson Coors Brewing Company
Colin Wheeler, 303-927-2443