Orient Magazine Issue 84 - October 2021 | Page 62

We also have Sustainable Agriculture Guidelines that set out the standards we expect in our agricultural supply chains and are applied in conjunction with our supplier code , Partnering with Suppliers . These also provide guidelines to help our suppliers work continuously towards more sustainable agricultural practices by treating farmers and workers fairly , improving environmental impacts , protecting natural capital and supporting wider economic benefits for farming communities .
The company ’ s sustainability goals , like the diversity ones , form part of senior management KPIs . How has this framework helped to deliver results compared to the more HQ-led approach often seen in other sectors ?
Diageo was one of only eight beverage companies globally and 65 companies overall ( out of 9,600 ) to achieve A for both Water Security and Climate Change . On the Dow Jones Sustainability Index , we ’ re ranked as one of the top four beverage companies worldwide .
At Diageo , reporting is not just about meeting regulatory requirements and stakeholder expectations , it ’ s also fundamental to attracting and retaining the best talent , building deep consumer loyalty , creating new partnerships , and increasing innovation , efficiency and resilience across our operations .
Reporting transparently on our ESG progress and holding our senior management accountable play a vital role in delivering our 2030 goals . It sets the standard for the entire organisation , ensuring collective and individual responsibility to reach the targets . For example , Society 2030 and ESG reporting are now embedded as part of how we define our business success and performance . We have developed an integrated , quarterly reporting system that consolidates cross-functional non-financial performance data at market and regional levels , which gives senior internal stakeholders a clear view of our performance .
This has helped our progress in reaching our sustainability goals and it ’ s really encouraging that Diageo ’ s commitment and approach continues to be recognised externally .
Diageo is the world ' s leading premium drinks business with an outstanding collection of beverage alcohol brands . Their portfolio stretches across spirits , wine and beer categories including international number one brands such as Smirnoff , Johnnie Walker , Guinness and Baileys as well as leading local brands such as Windsor and Shui Jing Fang . Diageo is a global company , trading in around 180 markets around the world . Find out more at www . diageo . com .