Giving Compass' Take:

• TriplePundit discusses Molson Coors' new Corporate Social Responsibility report that aims to reduce the company's carbon footprint.

• How can we push more companies to hit specific clean energy targets? And how can we hold the private sector accountable if the fail to reach their goals?

• Here's how Enel Group is focusing on renewable energy for next-level CSR.

Molson Coors recently issued its annual corporate responsibility report. The brewing giant, which boasts venerable beer brands such as Blue Moon, Miller, and of course, Coors and Molson Canadian, says its long-term targets rest on three pillars: the promotion of responsible consumption; having a brewing process as efficient as possible from grain to glass; and supporting people and the communities in which they live and work.

Part of this strategy includes what Molson Coors says its decision this month to join the group of 430 companies worldwide that are committed to science-based targets. The company says its 2025 goals seek to reduce its carbon emissions by 50 percent within its own operations and by 20 percent across its entire value chain. In halving its carbon emissions throughout the company’s operations, Molson Coors says it strives to decrease its energy consumption, is working on purchasing all of its electricity needs from renewables, seeks CO2 self-sufficiency at all of its sites, and continues to assess options for cleaner and more sustainable fuels.

“Our efforts have already helped us make great strides toward our ambitions,” said a Molson Coors representative in an emailed statement to Triple Pundit. “In 2017, we reduced absolute carbon emission from our direct operations by 15 percent, and achieved an absolute carbon emissions reduction of 6.2 percent across our value chain.”

Read the full article about Molson Coors' science-based targets by Leon Kaye at TriplePundit.