Constellation Brands

Grupo Modelo U.S., Crown Imports, Corona, Pacifico, SVEDKA, Kim Crawford, Meiomi, Ruffino, Robert Mondavi, Tempranillo, Casa Noble Tequila
New York
Food Beverage and Tobacco

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Constellation Brands scored a 95 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, the company increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Constellation Brands forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Constellation Brands covers the cost of "medically necessary transition-related care" for its employees and their children. Constellation Brands implemented policies and trainings to "eliminate bias" and create a "safe and inclusive" workplace. The company supports the Equality Act and alleges that all of its significant brands are used to bring equity to the alcohol industry. Constellation Brands CEO, William A. Newlands, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company donated $1 million to the Equal Justice Initiative (EJI). Constellation Brands is a member of the Global Alliance for Responsible Media, which aims to demonetize advertisements and suppress content that “vilifies” individuals based on sexual orientation and gender identity, discusses “debated social issues in a negative or partisan context” or spreads “hate speech”. For these reasons, Constellation Brands receives a High Risk rating.

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Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
7/18/23EnvironmentalAs You Sow FoundationStockholder proposal on greenhouse gas emissionsAgainst30.98%
7/18/23EnvironmentalWarren Wilson CollegeStockholder proposal on circular packagingAgainst25.11%
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