Molson Coors - 1792 Exchange

Rating Overview

Molson Coors is Lower Risk.

Molson Coors is Lower Risk. The company does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Molson Coors does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria	Risk Level
Cancellations	Lower Risk
Discriminatory Philanthropy	High Risk
Employment Protection	Medium Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria	Risk Level
Advocacy Bias	Lower Risk
Funding	Lower Risk
Political Actions	Lower Risk

Corporate Governance and Public Policy ⓘ

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization

Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Lower

Rationale:

Molson Coors pledged to stop tying executive compensation to hiring based on race/sex. The company followed through on their commitment and no longer ties executive compensation to ESG/DEI metrics (1)(2). Molson Coors has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

High

Rationale:

Molson Coors does not appear to discriminate against charitable organizations based on views or beliefs. The company’s charitable giving focus areas are “improve livelihoods, foster empowerment and build resilient communities” (1). Molson Coors Beverage likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (2)(3)(4).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

Medium

Rationale:

Molson Coors used to support “unconscious bias” education training in the workplace. However, in September 2024, Molson Coors pledged to cease all DEI training programs and ERGs focused on race or sexual orientation. The company also pledged to stop discriminating based on race/sex in its supply chain (1)(2)(3)(4). Molson Coors followed through on its pledge to end discriminatory ERGs. Its Business Resource Groups are open to all employees and aligned with the company’s business objectives, stating that “Resource groups are open to all employees who are interested in learning more about the culture each group represents.” (5)(6)(7)(8). The company does not provide viewpoint protections for its employees (9)(10).

Corporate Governance and Public Policy

Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Molson Coors had an extensive history of using its reputation to support divisive causes and scored a 70 out of 100 on the Human Rights Campaign’s 2025 Corporate Equality Index. However, in September 2024, the company pledged to shift its corporate policies and practices back toward neutral. Molson Coors pledged to stop submitting data to the HRC (1)(2)(3)(4). Molson Coors has not supported ideological causes or policies (5).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Molson Coors had an extensive history of using its corporate funds to support divisive causes, including a $1 million donation to and gold corporate partnership with the HRC. However, in September 2024, the company pledged to shift its corporate policies and practices back toward neutral. Molson Coors promised to focus its corporate giving on “core business goals” including alcohol responsibility, disaster relief efforts, and promoting access to higher education (1)(2)(3). Miller Lite sponsored the following 2x events in 2025: Pridefest Milwaukee, Dallas Pride (4)(5). The company has not used corporate funds to advance ideological causes, organizations, or policies (6).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

Lower

Rationale:

Molson Coors publicly advocated for divisive ideology through local, state or federal legislation or initiatives. However, in September 2024, the company pledged to shift its corporate policies and practices back toward neutral (1)(2)(3). Molson Coors has not used its PAC donations or lobbying for ideological purposes (4)(5)(6).