Orient Magazine Issue 84 - October 2021 - Page 32

SPECIAL FEATURE : SUSTAINABILITY
IN FOCUS INTERVIEW
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 .
ABOUT THE COMPANY
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 .