Budweiser
RATING
SECTOR
Bevarage
WEBSITE
CONTACT
610 Pestalozzi, St. Louis, MO 63118
Tel: +41 58 242 00 00
STOCK EXCHANGE
LISTING
#21 World’s Most Valuable Brands 2020
EMPLOYEES
Unknown (30,000 employees parent company Anheuser-Busch)
CHIEF SUSTAINABILITY OFFICER
AWARDS
- EPA Green Power Leadership Award
CONTENT SOURCE
FURTHER READING
Budweiser
SECTIONS : Sustainability • Evaluation • Progress • Watch • Overview
Company Activity
Budweiser is an American lager company that was founded in 1876 out of St. Louis, Missouri. Budweiser is part of the Anheuser-Busch company which is one of the largest lager producers in the world.
Budweiser is produced by the parent brewing company Anheuser-Busch . Anheuser-Busch has 13 operating breweries spread across the US. The company is in charge of the importation, production, and distribution of global brands within Anheuser-Busch like Budweiser, Beck’s, and Stella Artois. Other brands include Michelob Ultra, Natural Light, and Landshark Lager. Budweiser has different beers within it’s own brand such as Bud Light, Bud Ice, and Bud Light Lime.
Budweiser advertises for sporting events, specifically NASCAR. Budweiser is an official partner of professional sports leagues such as Major League Soccer and the brand also sponsors the Premier League. Similarly, Budweiser has licensing deals with the NFL and MLB.
Company Sustainability Activity
Environmental Mission Statement:
At Anheuser-Busch, sustainability is not just related to its business, it is its business. Beer is a natural product and a healthy environment is a key ingredient in the brewing process. That’s why, as the country’s leading brewer, they are committed to protecting the environment across their entire supply chain – from seed to sip – and inspiring their partners to do the same.
The parent company Anheuser-Busch has outlined sustainable goals on their website.
Highlights
- Anheuser-Busch recently unveiled a solar project in Van Buren, N.Y., that will help them brew great beers while also contributing to both its ambitious renewable electricity goals as well as the goals of the region.
Targets
Renewable Energy and Carbon Reduction
- 100% of purchased electricity will come from renewable sources
- CO2 emissions across their value chain will be reduced by 25% by 2025
- All domestic beers will be brewers with 100% renewable electricity by 2021
Water Stewardship
- 100% of facilities will be engaged in water efficiency efforts
- 100% of communities in high-stress areas will have measurably improved water availability and quality by 2025
Smart Agriculture
- 100% of direct farmers will be highly-skilled, connected, and financially empowered by 2025
Circular Packaging
- 100% of packaging will be made from majority recycled content or will be returnable
Progress
- 50% of purchased electricity comes from wind power
- Ordered 40 Tesla and 800 Nikola renewable energy powered trucks
Certificates
N/A
UN Sustainable Development Goals
UN SDGs Compliance
All SDGs are from parent company Anheuser-Busch
SDG 3
- For more than two decades, Budweiser employees and their family members have worked alongside more than 12 Habitat for Humanity chapters to help build homes for deserving families in neighbourhoods
- Since 2010, the company has hosted more than 359 employee blood drives with the American Red Cross, collecting more than 11,500 units of blood to potentially save over 34,500 lives
SDG 4
- Over the last five years, Budwiser donated more than $19M in support of education programs and non-profit organizations that help students achieve a college degree
- In addition, they donated more than $9 million to the Hispanic Scholarship Fund, donated more than $4.7 million to UNCF to support educational programs and scholarships for students attending a Historically Black College or University, donated over $17 million to Folds of Honor, funding over 3,400 scholarships for military families across the country
SDG 6
- $1 billion in responsible drinking initiatives and community-based programs to prevent underage drinking, impaired driving, and other harmful use of alcohol
- This year, Budweiser has donated more than 860,000 cans of emergency drinking water to date to support relief efforts
SDG 7
- Acquired 50% of total purchased electricity from the Budweiser Wind Farm in Oklahoma
SDG 13
- In 2018, Busdwiser completed “Zero-Emissions Beer Delivery”
SDG 17
- Partner organizations: RE100, Enel Green Power, River Network, National Forest Foundation, Keep America Beautiful, The Recycle Partnership, BYD, CTE, ENGIE
Evaluation
Budweiser’s environmental and sustainable initiatives are all outlined by the parent company Anheuser-Busch. Budweiser itself has zero certifications nor does the parent company. There’s very little to no verification of their progress with no awards or recognition for their initiatives. Other than recognition, they have not made any major progress in becoming more sustainable.
Majority of the Budweiser’s SDGs are related to communal and charitable causes. A-B does have sustainability goals targeted for 2025 which includes initiatives for emission reduction, water, packaging, and agriculture with limited progress made in these areas. To become more sustainable the company must follow through on the 2025 targets. As of 2020, the company is insufficient in sustainable practices and has been given a D rating.
Analyst Outlook: Negative
Budweiser is insufficient in its sustainability practices.
Key Points
- Budweiser relies on its parent company, Anheuser-Busch to produce and publish the sustainability report.
- Budweiser has no certifications and has one award.