Tim Nash’s sustainable stock showdown: St. Paddy’s Day edition

Written by Corporate Knights

Whether I have one drink or ten this weekend for St Patrick’s Day, I always end up wondering which companies I should be supporting. This week’s sustainable stock showdown pits two of my favourite beers against each other. Corona, owned by New York-based Constellation Brands, versus Guinness, owned by the U.K.’s Diageo.

So how does owner Constellation Brands stack up on sustainability? Sadly, not very well. They only got one star for sustainability, largely due a lack of disclosure. Reading their Corporate Social Responsibility report, they seem more focused on philanthropy and employee volunteerism rather than deeper sustainability. Sure, they

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By Corporate Knights

Corporate Knights Inc. (CK) includes the award-winning business and society magazine Corporate Knights, as well as a CSR research division which produces corporate sustainability rankings, research reports and financial product ratings based on corporate sustainability performance. Its best-known rankings include the Best 50 Corporate Citizens in Canada and the Global 100 Most Sustainable Corporations. In June 2013, Corporate Knights was named “Magazine of the Year” by Canada’s National Magazine Awards Foundation.

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