Monster Beverage Co
OVERALL |
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Owned |
USA |
Rating |
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Beverages
Founded in 1935 as Hansen's, and changed its name to Monster Beverage Corporation in 2012. Announced it was forming a long-term partnership with the Coca-Cola Company in August 2014.
Monster Beverage Corporation | USA | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Monster Beverage Corporation | ||||
In their 2019 report 'Feeding Ourselves Thirsty', Ceres looks at how food sector companies are responding to water risks. 40 companies were assessed on a 0-100 point basis across four categories of water management: governance and management, direct operations, manufacturing supply chain and agricultural supply chain. This company received a score of 1.
Source: Ceres (2019)
In 2018 KnowTheChain benchmarked 120 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 4/100.
Source: KnowTheChain (2018)
The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 0-10 band range. The overall average score was a disappointing 24%.
Source: CHRB (2019)
This company received a score of 7.6/100 in the Newsweek Green Rankings 2016, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2016)
This company received an S&P Global ESG Score of 7/100 in the Beverages category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2019)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2021 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked Bottom 10% of 928 companies, and 31th of 35 Food, Beverage & Tobacco companies.
Source: JUST Capital (2020)
As You Sow's 2020 report, Waste and Opportunity, ranks companies on plastic packaging pollution. The study measures the progress of 50 large companies in the beverage, quick-service restaurant, consumer packaged goods, and retail sectors on six core pillars where swift action is needed to reduce plastic pollution: 1) Packaging Design, 2) Reusable Packaging, 3) Recycled Content, 4) Packaging Data Transparency, 5) Support for Recycling, and 6) Producer Responsibility. This company received a grade of D
Source: As You Sow (2020)
In 2019 the median pay for a worker at this company was US$55,169. The CEO was paid 253 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2020) |
This company has products rated RED in the Centre for Food Safety's True Food Shopper's Guide (USA). Products on the RED list contain ingredients that come from the most common GE crops (corn, soy, canola, cotton). Companies with products on this list have confirmed that their products may have or are likely to be made with GE ingredients, or have not denied using GE foods when given the opportunity to do so.
Source: Center for Food Safety (USA) (2013)
As You Sow's 2020 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Rodney Cyril Sacks came in at number 73 on the list, having been paid US$13,914,931 in 2019. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2020)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: Modern Slavery Registry (2017) |
Company Details
Type | Public company |
Revenue | US$2.25 billion in 2013 |
Employees | 1,240 in 2013 |
Contact Details
Address | Corona, California, USA |
info@monsterbevcorp.com | |
Website | www.monsterbevcorp.com |
Products / Brands
Monster Beverage Co
Monster Energy Drinks Monster Sports Drinks |