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We remain committed to taking action on climate change

For the first time in over 20 years, 25,000 official delegates from government, inter-governmental organisations, UN agencies, NGOs, and civil society met in Paris with the aim of achieving a legally binding and universal agreement on climate, targeted at keeping global warming below 2°C. The impact of this agreement will be felt worldwide, and business is no exception.

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Like many businesses, Diageo has taken an active role in taking action to mitigate climate change. Since 2002 when we joined the UN Global Compact, we have been supporting many different business initiatives related to raising the profile of corporate commitment to addressing climate change; from the good progress made in decreasing our carbon emissions by nearly 35% since 2008, to our support for We Mean Business – a coalition of global businesses and investors that “recognise that the transition to a low carbon economy is the only way to secure sustainable economic growth and prosperity for all”.

Our environmental strategy embodies our aspiration to be a business that does not materially deplete natural resources, reduces its impact on climate change and, where possible, improves the environment within which it operates. In December 2014, as part of our journey towards achieving this, we announced our 2020 Sustainability and Responsibility targets, one of which is to reduce absolute greenhouse gas emissions from direct operations by 50%, and achieve a 30% reduction along the total supply chain. These targets are aligned to the recently announced UN’s Sustainable Development Goals and further demonstrate the company’s drive to decouple business growth from environmental impact.

Our progress and commitments to tackle climate change have been independently recognised. In addition to being well placed in rankings such as the Dow Jones Sustainability Index and Newsweek’s Green Rankings, we were also recently recognised by CDP, which commended Diageo for achieving the maximum score and top 5% of global businesses for climate change performance.

We are determined to build on this progress, working with others to tackle one of the world’s biggest challenges.