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    DGE   GB0002374006

DIAGEO PLC

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Diageo : 2030 Greenhouse Gas emission targets validated by Science Based Targets Initiative (SBTi)

09/09/2021 | 09:02am EDT

The Science Based Targets initiative defines and promotes best practice in science-based target setting and independently assesses and approves companies' targets. It is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).

We have committed to reducing absolute scope 1 and 2 GHG emissions 100% by FY2030 from a FY2020 base year[1]. We've also committed to reducing absolute scope 3 GHG emissions 50% within the same time frame. In addition to this, we commit to increase the annual sourcing of renewable electricity from 66% in FY2020 to 100% by FY2030.

In November 2020, we announced a range of 25 bold and ambitious goals in our 'Society 2030: Spirit of Progress' plan. We're now focusing our action in three core areas, carefully selected to align with the United Nations Sustainable Development Goals (SDGs): promoting positive drinking; championing inclusion and diversity; and pioneering grain-to-glass sustainability.

FIND OUT MORE ABOUT OUR SOCIETY 2030: SPIRIT OF PROGRESS PLAN

ABOUT THE SCIENCE BASED TARGETS INITIATIVE

[1] The target boundary includes biogenic emissions and removals from bio energy feed stocks.

Disclaimer

Diageo plc published this content on 09 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2021 13:01:06 UTC.


© Publicnow 2021
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Sales 2022 13 808 M 19 037 M 19 037 M
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Number of Analysts 24
Last Close Price 3 606,50 GBX
Average target price 3 850,57 GBX
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Ivan M. Menezes Chief Executive Officer & Executive Director
Lavanya Chandrashekar Chief Financial Officer & Executive Director
Javier Ferrán Larraz Chairman
Alan James Harris Stewart Independent Non-Executive Director
Nicola S. Mendelsohn Independent Non-Executive Director
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