Beverages
Founded in 1935 as Hansen's, and changed its name to Monster Beverage Corporation in 2012. Coca-Cola Company became a significant shareholder in 2015. Acquired Bang Energy in 2023.
Monster Beverage Corporation
USA
Coca-Cola Company
owns 19% of Monster Beverage Corporation
USA
Beverages, especially soft drinks
Founded in 1892, today they are the world's #1 soft drink company.
Company Assessment
(Last updated Aug 2024)
Praise
Criticism
Information
Monster Beverage Corporation
Praise
Criticism
Information
CDP Climate Change score of B-
In 2023, 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
(2023)
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)
7.6% in Gender Benchmark
The 2023 Gender Benchmark ranks 112 companies from the apparel and food and agriculture sectors on their efforts to drive gender equality and women's empowerment across their entire value chain. Companies are assessed on governance and strategy, representation, compensation and benefits, health and well-being, violence and harassment, and marketplace and community. This company ranked #101/112, with a total score of 7.6%. The average score was 23% and the highest score was 55%.
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)
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)
16/100 in KnowTheChain Benchmark
In 2023 KnowTheChain benchmarked 60 food and beverage companies on their efforts to identify and tackle forced labour risks in their supply chains. This company received a score of 16/100. The average score was a disappointing 16/100 and the highest score was 56/100.
Source: KnowTheChain
(2023)
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%.
JUST Capital ranking
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 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 653rd of 937 companies, and 25th of 32 Food, Beverage & Tobacco companies.
Source: JUST Capital
(2024)
Part ownership by Coca-Cola Company
This company is 19.3% owned by the Coca-Cola Company (US), which has several criticism in the Shop Ethical database and on overall rating of F.
Source: Shop Ethical
(2023)
13.3% in Food and Agriculture Benchmark
The 2023 Food and Agriculture Benchmark assessed 350 keystone companies across the entirety of the food system, from farm to fork. It covers three dimensions where transformation is needed: nutrition, environment and social inclusion. This company ranked #197/350, with a total score of 13.3/100.
11.2% in Nature Benchmark
The Nature Benchmark ranks 816 companies across 20 industries on their efforts to protect our environment and its biodiversity. Companies were assessed in three phases between 2022 and 2024 using three measurement areas: governance and strategy; social inclusion and community impact; and ecosystems and biodiversity. This company was assessed in 2023 and is ranked #508/816, with a total score of 11.2/100.
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.
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)
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)
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)
CDP Water Security score of C
In 2023, 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
(2023)
8/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2023 and received a score of 8/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
Company Details
Type:
Public company
Founded:
1935
Revenue:
4.6 billion USD
(2020)
Employees:
3,666
(2020)
Contact Details
Products / Brands
Monster Beverage Co / CCEP Australia (distributor) Monster Beverage Co
Bang
Energy Drinks