Molson Coors has 2025 emissions target approved by Science Based Targets Initiative

By Sophie Chapman
The Denver-based brewing firm, Molson Coors Brewing Company, has received approval from the Science Based Targets Initiativ...

The Denver-based brewing firm, Molson Coors Brewing Company, has received approval from the Science Based Targets Initiative (SBTi) for its 2025 emissions goal, claims edie.net.

The company submitted its aim to reduce the greenhouse gas emissions produced from its operations by 50% by 2025.

Molson Coors revealed the target in its annual ‘Our Beer Print Report 2018’, which also addressed progress made towards sustainability targets set in 2017.

The firm has also set the target to reduce emissions produced in its value chain by 20%, with both goals set against a 2017 baseline.

SEE ALSO:

“Molson Coors is a company of dedicated people who strive to leave a positive imprint on our environment,” stated Mark Hunter, the President and CEO of Molson Coors.

“We take our responsibility as one of the world’s largest brewers seriously and believe we have an important role to play in addressing climate change, which is why we have made it a specific element within our broader sustainability agenda.”

“We are proud to join an elite group of nearly 430 companies in the world to commit to science-based targets. We hope that our action will inspire other companies to make the same bold commitment.”

Share

Featured Articles

UK Government awards £54mn in heat network funding

Funding will support the development of schemes in London, Bedfordshire and Woking that use low-carbon heat sources

Shell posts $11.5bn second quarter profit

Shell's earnings fuelled by ongoing price rises and geopolitical instability as the energy major places greater focus on natural gas investments

bp opens first electric truck fast-charging facilities

Operated by bp’s Aral brand, the retail site at Schwegenheim in Rheinland-Pfalz has two 300kw chargers intended for electric trucks

Shell commits to developing Jackdaw gas field in North Sea

Oil & Gas

Prospex Energy raises £1.87m for Selva gas field development

Oil & Gas

Shanghai Electric Group launches low carbon business

Utilities