Shared Values. United in Reponsibility.

Molson Coors is poised to grow and take its place as a top-performing brewer in today's global beer business. Our shared values of Integrity and Respect, Quality, Excelling, Creativity and Passion drive our decisions and our actions as we work to make our mark on the world. They make corporate responsibility part of everything we do.

"For us, it starts with ethical performance and treating our employees, our customers, and all of our stakeholders with integrity and respect."

- Peter Swinburn

• It means brewing quality products that are marketed and sold responsibly, for legally-aged adults to drink and enjoy responsibly.
• It requires us to carefully consider environmental stewardship in all of our operations and our packaging.
• We support the development, engagement and health of our employees, and invest in the communities where we live and work.
• And we're striving to extend these best practices throughout our supply chain, from grain to glass.

We take seriously the challenges that go hand in hand with our business, so these commitments are embedded in all of our business strategies, in every market.

Milestones Along the Way

In 2010:

• We further developed our global strategy on water identifying the specific risks at each brewery through detailed risk assessments. We are now setting up stakeholder forums to address local challenges and opportunities with other water users. We continued sponsorship of the Carbon Disclosure Project (CDP) Water Disclosure that will provide critical water-related data from the world’s largest companies.
• We saw further progress in the engagement scores of our employees; our annual survey saw scores above the high performing norm. We put this down to the success of Our Brew in improving how employees see and align with the company’s mission and vision. Our CR index of questions in the survey was identified as a top 5 driver of engagement.
• We are showing a positive trend in our environmental impact in 2010 with a 5% reduction in water use and a 3% reduction in energy use. We are improving our waste reporting to report by waste stream and since our 2008 baseline we have reduced our GHG emissions (Scope 1 & 2) by over 14%.
• As well as the responsibility for our direct operations, we have a responsibility to ensure that the suppliers we work with share our values and ethical practices. In 2011, we joined Sedex, an independent membership organization for businesses committed to continuously improving the ethical performance of their supply chains. This is a significant step to embed corporate responsibility into our global procurement process and ensure that our suppliers adhere to our Responsible Sourcing Principles.
  
  

While we have had many wins this past year, our progress has not been without some challenges.  For example, we acquired a 51% stake of Hebei Si'hai Beer Company of China in September 2010, and have been delayed in integrating this business into our current systems and processes.  We expect to roll the brewery into our global reporting in 2012.   We have recently centralized our global procurement processes.  Throughout 2011 and 2012 we will continue to address the significant impacts of our supply chain and work closely with our suppliers to mitigate risks and leverage opportunities. It goes without saying that the current economic climate has put extra strains on our business.  We are making adjustments to our plans to meet key targets including our corporate responsibility commitments.

As always, we invite your input on our priorities and our progress. We know there is much work still to be done. We are working towards a more sustainable future for Molson Coors and your feedback helps us get there.

Cheers,

Peter Swinburn, CEO

Our Values

Values are a key ingredient to our business recipe. See what they are here.

Our Approach

We have high standards. Read how we are working to achieve them.

Economic Impact

Read more about who benefits from our revenues.

Stakeholder Engagement

Working with our stakeholders makes us better at what we do.

How We Work

How we do things matters just as much as what we do.