Diageo
OVERALL |
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Owned |
UK |
Rating |
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Alcoholic beverage producers
World's #1 spirits company. Diageo produces eight of the world's top 20 spirits brands. Formed by the 1997 merger of alcoholic beverage giant Guinness with food and spirits company Grand Metropolitan.
Diageo PLC | UK | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Diageo PLC | ||||
In 2022, 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 A.
Source: CDP (2022)
In 2022, 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 A-.
Source: CDP (2022)
The 2021 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 #9/350, with a total score of 53/100.
Source: World Benchmarking Alliance (2021)
This company received an S&P Global ESG Score of 82/100 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)
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 37.3%. The overall average score was a disappointing 17.3% and the highest score was 50.3%.
Source: World Benchmarking Alliance (2022) |
In Feb 2020 the U.S. Securities & Exchange Commission announced charges against alcohol producer Diageo plc for failing to make required disclosures of known trends relating to the shipments of unneeded products by its North American subsidiary to distributors. Diageo agreed to pay $5 million to settle the action. According to the SEC's order, employees at Diageo North America (DNA), Diageo's largest and most profitable subsidiary, pressured distributors to buy products in excess of demand in order to meet internal sales targets in the face of declining market conditions. The resulting increase in shipments enabled Diageo to meet performance targets and to report higher growth in key performance indicators that were closely followed by investors and analysts.
Source: US SEC (2020) |
This company has been criticised for irresponsible advertising. In 2016 the UK Advertising Standards Authority (ASA) upheld complaints about a television ad by this company on the grounds that it breached advertising codes. The ASA concluded that the ad implied that drinking alcohol could enhance personal qualities and was therefore irresponsible. The ad was subsequently discontinued or modified.
Source: Advertising Standards Authority (2016)
In February 2009 it was reported in the Guardian that the company had restructured itself so as to avoid paying tax in the U.K., despite much of its profits being generated in the U.K.
Source: news article (2009)
In 2011 Diageo agreed to pay more than US$16 million to settle charges by the U.S. Securities and Exchange Commission regarding widespread violations of the Foreign Corrupt Practices Act stemming from more than six years of improper payments to government officials in India, Thailand, and South Korea. [Listed under Information due to age of court finding]
Source: US SEC (2011)
This company is a partner of the New Alliance for Food Security and Nutrition, which claims will lift 50 million people in Africa out of poverty by 2022. But according to a 2015 report by ActionAid, the scheme will benefit multinational companies at the expense of small-scale farmers and is likely to increase poverty and inequality in Africa. Launched in 2012, the New Alliance provides aid money from rich countries like the US and the UK, and helps big business invest in the African agricultural sector. But in return, African countries are required to change their land, seed and trade rules in favour of big business. The New Alliance will: Make it easier for big corporations to grab land in Africa: Prevent farmers from breeding, saving and exchanging seeds: Heavily promote chemical fertilisers and pesticides, which increase farmersâ risk of debt as well as damaging the environment and farmers' health: Replace family farms with low paid, insecure jobs; and Prevent countries from restricting crop exports, even at times of domestic shortage.
Source: Action Aid (2015)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target; report climate change information in mainstream reports as a fiduciary duty; commit to 100% renewable power.
Source: We Mean Business (2021)
This company appears on the 2021 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
Source: Bloomberg (2021)
This company is a member of the International Alliance for Responsible Drinking (IARD), a not-for-profit organization dedicated to reducing harmful drinking and promoting understanding of responsible drinking. IARD is affiliated with the United Nations.
Source: IARD (2021)
This company was named in the top 10 of Seramount's 100 Best Companies 2022 for being a mum-friendly employer. Listed companies provide inclusive benefits for families, including paid gender-neutral parental leave, phase-back programs, bereavement leave after miscarriage, reimbursement for fertility expenses, and increased mental health benefits for employees.
Source: Seramount (2022)
This company received a score of 66.1/100 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)
This company is a member of the Supplier Ethical Data Exchange (Sedex), a not-for-profit, membership organisation that leads work with buyers and suppliers to deliver improvements in responsible and ethical business practices in global supply chains. Tens of thousands of companies use Sedex to manage their performance around labour rights, health & safety, the environment and business ethics.
Source: Sedex (2018)
This company is a member of the Sustainable Agriculture Initiative (SAI) Platform, the main food industry initiative supporting the development of sustainable agriculture worldwide. Created by Nestle, Unilever and Danone in 2002, the SAI Platform is a non-profit organization to facilitate sharing, at precompetitive level, of knowledge and initiatives to support the development and implementation of sustainable agriculture practices involving the different stakeholders of the food chain.
Source: SAI Platform (2019)
The Female FTSE Board Report 2020 measures of the number of women executive directors on the corporate boards of the UK's top companies. This company has 3 women on its board of directors (38%), and was one of 28 in the FTSE 100 with women in executive roles.
Source: Cranfield University (2020)
The United Nations Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of 10 values in the areas of human rights, labour standards, the environment, and anti-corruption. However it's non-binding nature has been widely criticised, and many signatory corporations continue to violate the Compact's values.
Source: UN Global Compact (2020)
This company is a signatory to the New Plastics Economy Global Commitment, whose goal is to eliminate plastic pollution at its source.
Source: New Plastics Economy (2022)
As You Sow's 2021 Corporate Plastic Pollution Scorecard 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) Public Data Transparency, 5) Support for Recycling, and 6) Producer Responsibility. This company received a grade of C-
Source: As You Sow (2021)
Diageo uses Second Life, the online networking website, as marketing tool and have set up virtual bars in the created world.
Source: news article (2007)
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 (2018) |
Company Details
Type | Public company |
Founded | 1997 |
Revenue | 11.75 billion GBP (2020) |
Employees | 27,775 (2020) |
Subsidiaries | Diageo Australia Ltd ![]() Alcoholic beverage producers Australia's 3rd largest alcohol company. It operates two manufacturing sites (Huntingwood and Bundaberg) and also has licensed brewing arrangements with Lion (Guinness). Brands include Bundaberg Rum, Johnnie Walker, Smirnoff, Baileys and Guinness. 80% of products sold in Australia are manufactured locally. Moet Hennessy (34% owned) ![]() Alcoholic beverages Moet Hennessy is LVMH's wines and spirits division, with Diageo holding a 34% stake. - Moet Hennessy Australia Pty Ltd ![]() Alcoholic beverages |
Contact Details
Address | London, United Kingdom |
Website | www.diageo.com |
Products / Brands
Diageo
Harp Beer (imported) Kilkenny Beer (imported) |
Diageo Australia
Baileys Liqueur Bells Scotch Whisky Bulleit Bourbon Bulleit Premix Spirits Bundaberg Premix Spirits Bundaberg Rum Captain Morgan Rum Captain Morgan Premix Spirits Casamigos Tequila Ciroc Vodka Copper Dog Scotch Whisky Crown Royal Whisky (other) Dalwhinnie Scotch Whisky Dimple Scotch Whisky Don Julio Tequila Don Papa Rum Gilbeys Gin Gordons Gin Gordons Premix Spirits Haig Premix Spirits Haig Scotch Whisky J&B Scotch Whisky |
J&B Premix Spirits Johnny Walker Premix Spirits Johnny Walker Scotch Whisky Ketel One Vodka Lagavulin Scotch Whisky Mr Black Liqueur Pimms Aperitif Pimms Premix Spirits Real McCoy Bourbon Real McCoy Premix Spirits Ruski Premix Spirits Sheridans Liqueur Smirnoff Premix Spirits Smirnoff Vodka Smirnoff Seltzer Talisker Scotch Whisky Tanqueray Gin Tanqueray Premix Spirits UDL Premix Spirits Vat 69 Scotch Whisky Zacapa Rum |
Moet Hennessy Australia
Belvedere Vodka
Glenmorangie Scotch Whisky Hennessy Cognac |