Company Directory - Molson Coors Beverage Company
CCI Score
CCI Score: Molson Coors Beverage Company
-44.79
0.02%
Latest Event
Molson Coors Political Influence Profile from OpenSecrets
An OpenSecrets profile revealed that Molson Coors made political contributions totaling $289,050 and spent $2,200,000 on lobbying during the 2024 cycle. The profile also highlighted a high revolving door phenomenon, with a significant proportion of its lobbyists having previously held government positions, raising concerns about undue corporate influence over regulatory processes.
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TOADIE
Molson Coors Beverage Company is currently rated as a Toadie.
Latest Events
FEB062025An OpenSecrets profile revealed that Molson Coors made political contributions totaling $289,050 and spent $2,200,000 on lobbying during the 2024 cycle. The profile also highlighted a high revolving door phenomenon, with a significant proportion of its lobbyists having previously held government positions, raising concerns about undue corporate influence over regulatory processes.
-80
Political Contributions and Lobbying Efforts
March 29
The reported political contributions and lobbying expenditures indicate that Molson Coors is actively investing in influencing policy. Spending $2.2 million on lobbying and making substantial contributions raises concerns about the use of corporate funds to shape policy in ways that may undermine democratic accountability and serve narrow corporate interests.
-70
Regulatory Capture
March 29
The profile's revolving door data, which indicates that a large proportion of Molson Coors’ lobbyists were former government employees (23 out of 27 in 2023 and 16 out of 18 in 2024), suggests a troubling pattern of regulatory capture. This practice can facilitate undue corporate access to political decision-makers and potentially compromise the integrity of regulatory institutions.
- FEB062025
Molson Coors Beverage Co PAC contributed $61,104 to federal candidates during the 2023-2024 election cycle, as reported by OpenSecrets based on Federal Election Commission data released on February 06, 2025.
-20
Political Contributions and Lobbying Efforts
March 29
The contribution of $61,104 by Molson Coors Beverage Co PAC to federal candidates represents a notable instance of corporate political spending. From an anti-fascist perspective, such donations can contribute to corporate influence over democratic processes, which often undermines labor rights and equitable political representation. While the donation amount is modest, it still reinforces the pattern of corporate political engagement that can favor business interests over those of marginalized communities.
Molson Coors Beverage Co PAC Contributions to Federal Candidates • OpenSecrets
- SEP052024
Molson Coors Beverage Co. announced the cancellation of its diversity, equity, and inclusion (DEI) programs, including DEI-based training, supplier diversity goals, and executive compensation metrics tied to representation. The move, detailed in an internal memo and reported by Business Journals on September 5, 2024, signals a shift away from targeted support for marginalized groups.
-60
Labor Relations and Human Rights Practices
March 29
By eliminating its DEI programs, Molson Coors has reduced its commitment to fostering an inclusive and equitable workplace. This rollback undermines efforts to support marginalized employees and protect labor rights, aligning with trends that weaken progressive values in the corporate sphere.
- SEP042024
On September 4, 2024, Molson Coors announced via an internal memo obtained by CNBC that it will eliminate several diversity, equity, and inclusion (DEI) practices, including supplier diversity quotas and DEI-based training programs, while rebranding Employee Resource Groups. The company stated that its focus will shift toward tying executive incentives to business performance and redirecting corporate charitable giving to core business objectives, a move that represents a step back from its previous commitments to promote workplace inclusivity and support for marginalized communities.
-80
Labor Relations and Human Rights Practices
March 29
Molson Coors’ decision to reverse established DEI practices—including eliminating supplier diversity quotas and DEI-based training—and rebranding its internal groups undermines support for marginalized employees and weakens labor-related human rights commitments. This rollback is a regressive business practice that diminishes the company's previous efforts to foster an inclusive workplace.
- MAY232024
After a three-month strike initiated by Teamsters Local 997, Molson Coors agreed to a three-year contract that includes increased wages, improved benefits, and restored healthcare for retired workers. The agreement follows contentious negotiations and a period during which the company had initially refused to negotiate on wage increases.
+80
Labor Relations and Human Rights Practices
March 29
The negotiated contract represents a significant improvement in labor conditions, addressing wage increases, benefits, and healthcare for workers. This outcome, achieved after a prolonged strike, aligns with anti-fascist values by upholding workers' rights and supporting fair labor practices.
Workers and Molson Coors agree to terms after three-month strike
- MAY152024
Molson Coors was involved in negotiations where Local 997 union leadership was excluded, despite ongoing discussions with the International Brotherhood of Teamsters. This exclusion occurred as part of a broader dispute that led to an emergency trusteeship and resulted in a three-year contract agreement that has raised concerns about undermining democratic union representation.
-50
Labor Relations and Human Rights Practices
March 29
The exclusion of locally elected union leadership from critical negotiations undermines the democratic representation of workers. This action reflects an anti-worker corporate practice that aligns with authoritarian labor management strategies, thereby negatively affecting the company's overall ethical responsibility regarding labor relations.
Local union leadership excluded from negotiations between Teamsters, Molson Coors
- APR042024
The International Brotherhood of Teamsters has called for a boycott of Molson Coors products during the NCAA Final Four amid a strike at the company’s Fort Worth facility. Approximately 400 workers have been on picket lines since February 17 following unsuccessful contract negotiations. The union accuses Molson Coors of offering negligible wage increases and undermining union efforts, urging lawmakers to join the protest by temporarily boycotting the company's products.
-70
Labor Relations and Human Rights Practices
March 29
The labor dispute at the Fort Worth facility, highlighted by the Teamsters' boycott, reveals significant shortcomings in Molson Coors’ approach to fair labor practices. The company’s minimal wage increase offer and the union’s claim that the company is intent on breaking the union are indicative of practices that harm worker rights and undermine collective bargaining, which is a serious concern from an anti-authoritarian and pro-worker perspective.
Teamsters Push Boycott Of Molson Coors Beers During NCAA Final Four
- APR022024
The International Brotherhood of Teamsters has called for a nationwide boycott of Molson Coors amidst stalled labor negotiations at its Fort Worth brewery, with union members striking over insufficient wage increases.
-60
Labor Relations and Human Rights Practices
March 29
Molson Coors is facing significant labor unrest as Teamsters Local 997 in Texas has been on strike for over a month due to the company's proposal of wage increases of less than $1 per hour and a failure to negotiate in good faith. The union's call for a nationwide boycott underscores the problematic labor practices, which undermines worker rights and signals a problematic corporate stance on issues of fair labor treatment.
Teamsters call for nationwide boycott of Molson Coors amid labor dispute
- FEB172024
Molson Coors workers at the Fort Worth brewery have been striking since February 17, 2024, over a stalled contract negotiation. The union is demanding better wages and benefits, citing stagnant wages since 2021 and a company offer that falls short of expectations. This action comes as the company highlights its strong production continuity despite worker protests, drawing criticism for its perceived corporate greed.
-70
Labor Relations and Human Rights Practices
March 29
The company's minimal offer of a 2% wage increase amidst rising profits and the cost of living, coupled with its focus on ensuring uninterrupted production despite ongoing strikes, demonstrates a disregard for worker rights. This approach has contributed to labor unrest and is indicative of exploitative business practices, negatively affecting overall worker wellbeing.
‘No contract, no beer’: Molson Coors workers go on strike at Fort Worth brewery
- DEC312023
Molson Coors spent $2,630,000 on lobbying in 2023 as documented by OpenSecrets, indicating substantial corporate efforts to influence policy.
-80
Political Contributions and Lobbying Efforts
March 29
The expenditure of $2.63 million on lobbying in 2023 signals a significant investment in shaping political outcomes. Such actions can undermine democratic accountability by prioritizing corporate interests over progressive reforms, potentially bolstering policies that favor authoritarian business practices.
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