London-listed spirits major Diageo has adjusted some of its sustainability targets, as the group says it looks “to build climate resilience”.
In a statement yesterday, alongside the release of its 2025 annual report, the group confirmed it now looked to reduce scope 1 and 2 emissions by 50% by 2030 and reach net-zero in direct operations by 2040.
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As part of its sustainability goals, the company is also looking to reduce scope 3 emissions by 26% by 2030, and hopes to achieve net zero across scopes 1, 2 and 3 by 2050.
According to last year’s annual report, the Johnnie Walker distiller previously looked to achieve net zero for scope 1 and 2 emissions by 2030 and cut scope 3 emissions by 50%, from a 2020 baseline, by the same year.
Diageo also announced yesterday it would be increasing the percentage of recycled content in its packaging to 50% by 2030. It had previously aimed to increase this percentage to 60% by 2030.
It has also now scrapped its prior goal of reducing packaging weight by 10%.
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By GlobalDataIn its statement, the company said: “Climate resilience is complex and key systems like regulation, policy frameworks and infrastructure have not advanced at the scale required.”
In a post on LinkedIn, Ewan Andrew, president of global supply and procurement and chief sustainability officer at Diageo wrote: “In 2020, when we set ambitious environmental sustainability goals as part of our Spirit of Progress action plan, we didn’t have all the answers.
“But we knew progress would require innovation, long-term commitment and supportive policy environments.”
He added: “Five years on, we have better data, deeper insights and a clearer view of the practical realities to deliver net zero.
“Today, alongside our Annual Report, we’re updating our sustainability goals, with some important adjustments to our carbon and packaging goals to give us a stronger, more credible path forward.”
