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:

By complying with the HRC’s controversial demands, Constellation Brands increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. 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 vets vendors according to LGBTQ policies and does not protect its employees against viewpoint discrimination. However, the company has not publicly terminated business relationships based on views or beliefs. Constellation Brands covers the cost of "medically necessary transition-related care" for its employees and their children. The company's CEO signed the CEO Action for Diversity and Inclusion pledge and signed an open letter in support of the Equality Act. The company regularly supports LGBTQ Pride and donated $1 million to the Equal Justice Initiative (EJI). However, Constellation Brands has not used its political contributions for ideological purposes. For these reasons, Constellation Brands receives a High Risk rating.

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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