The following is Constellation Brands' Remarkable ESG Impact Report for 2022:
Constellation Brands, Inc. is a trailblazing beverage alcohol company. It has unveiled its highly anticipated ESG Impact Report, showcasing the incredible strides it has taken in its mission to create a positive impact on the planet and its people.
Embracing an unwavering commitment to environmental stewardship, Constellation is leading the way in water conservation within the beverage alcohol industry. Through innovative strategies and renewable energy initiatives, the company has already reduced greenhouse gas emissions, paving the path for a more sustainable future.
Not stopping there, Constellation is on a mission to foster social equity in the industry and local communities. By championing the professional growth of women in the beverage alcohol sector and empowering disadvantaged communities, the company is creating a more prosperous and inclusive world. With diversity at its core, Constellation reflects the vibrant tapestry of consumers and communities it serves.
But that's not all. Constellation is dedicated to promoting responsible consumption of its products. With a strong focus on responsible promotion and marketing, the company is ensuring that its beverages are enjoyed in a mindful and balanced manner.
In this impactful report, Constellation Brands showcases exceptional progress in these areas:
Restoring 1.1 billion gallons of water withdrawals from local watersheds by implementing a comprehensive strategy over the next three years. This initiative will enhance water accessibility and quality in communities where Constellation operates, making a lasting difference.
Pioneering a three-year plan to slash Scope 1 and Scope 2 GHG emissions by an impressive 15% by 2025. Building upon a solid foundation established in 2020, Constellation is setting the bar high for reducing its environmental impact.
Investing a remarkable $75 million in female-led or founded businesses, demonstrating Constellation's unwavering support for women entrepreneurs. This significant investment is fostering economic growth and empowerment for women across industries.
Teaming up with Dress for Success, Constellation has empowered over 3,500 women to advance their careers through valuable services and training. By equipping women with the tools for success, Constellation is driving positive change in the professional landscape.
Committing approximately $15 million in investments for minority-owned businesses, Constellation is taking a proactive stance to foster diversity and economic opportunity.
Partnering with UnidosUS, Constellation has made a tangible impact on over 4,700 Hispanic families, helping them achieve greater financial security through vital empowerment and housing counseling programs.
Constellation is proud to report an increase in female representation and overall ethnic diversity among its salaried employees in the U.S. With 43% female representation and 22% overall ethnic diversity achieved in 2022, Constellation is well on its way to surpassing its established goals of 50% and 30%, respectively, by 2026.
In collaboration with Responsibility.org, Constellation is actively supporting initiatives that empower adults to make responsible alcohol choices. By promoting a balanced lifestyle and combating drunk driving, the company is fostering a culture of responsibility and well-being.
Constellation Brands' 2022 ESG Impact Report showcases a remarkable journey of progress, making a lasting difference in the world. As a company committed to environmental sustainability, social equity, and responsible consumption, Constellation is truly raising the bar for the entire industry.
“While Constellation has a rich history demonstrating its commitment to doing well by doing good, we believe the social, economic, and environmental challenges of today’s world require greater accountability, which is why we’ve bolstered our ESG commitments as a core tenet of our long-term business strategy,” said Bill Newlands, Constellation Brands’ President and CEO.
“We are extremely proud of the progress we’ve made to help our communities and planet thrive, and we are excited to share it with our stakeholders. I sincerely thank our Constellation team members, as well as our non-profit, industry, and community partners, and broader stakeholders, for their continued support and collaboration. Together, we are striving to create a future that is truly Worth Reaching For.”