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Monster Beverage Co

OVERALL

Owned
USA
Rating
Criticisms

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   email      

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Monster Beverage Corporation
Environment CDP Climate Change Score of B-
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B-.
Source: CDP (2022)
Social Water risk management
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)
Business Ethics 15/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 15/100 in the Beverages category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). 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 (2022)
Environment D grade for plastic pollution
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)
Social 10.2% in Human Rights Benchmark
The 2022 Corporate Human Rights Benchmark assessed 127 companies in the food and agriculture, ICT and automotive manufacturing sectors on their human rights performance. This company received a score of 10.2%. The overall average score was a disappointing 17.3% and the highest score was 50.3%.
Source: World Benchmarking Alliance (2022)
Social 26/100 in KnowTheChain Benchmark
In 2020/21 KnowTheChain benchmarked over 180 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 26/100.
Source: KnowTheChain (2021)
Business Ethics CEO Pay Ratio of 253:1
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)
Business Ethics 49.4/125 at JUST Capital
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. 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 453rd of 951 companies, and 11th of 31 Food, Beverage & Tobacco companies.
Source: JUST Capital (2023)
Business Ethics Possible GE in US brands
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 (2018)
Business Ethics Excessive CEO pay
As You Sow's 2023 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 CEOs, Rodney C. Sacks & Hilton H. Schlosberg came in at number 81 on the list, having been paid US$33,394,105 in 2022. 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 (2023)
Business Ethics 7.6% in Newsweek Green Rankings 2016
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)
Social Modern Slavery statement
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: company website (2017)
Social CDP Water Security Score of C
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of C.
Source: CDP (2022)

> About the Icons

Company Details

Type Public company
Revenue 2.25 billion USD (2013)
Employees 1,240 (2013)

Contact Details

Address Corona, California, USA
Email info@monsterbevcorp.com
Website www.monsterbevcorp.com

Products / Brands

Monster Beverage Co
Monster Energy Drinks
Monster Sports Drinks


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