FDBusiness.com

Diageo Tops Food and Beverage Sector in FTSE4GOOD Index

 Breaking News
  • Brexit Deal Vital to Protecting Irish All-island Supply Chains Food Drink Ireland (FDI), the Ibec group that represents the food industry, has said the full implementation of the December Brexit deal was vital to protect complex all-island supply chains. The deal now needs to be put into a binding legal contract, there can be no black-sliding on clearly agreed commitments. At the launch of [...]...
  • GEA Cooling Systems For Pork Production in Russia At the end of last year, the pig slaughter and processing entity Agroeco-Yug signed a contract with the technology group GEA for the supply, installation and commissioning of an extensive cooling system. This plant will be built in the Voronezh region and will be one of Russia’s largest businesses for the slaughter and processing of [...]...
  • Modulfill Bloc FS-C Filler-seamer Block – Krones’ First Block Solution For Cans Premiered This is definitely something new – for the first time, beverage producers can buy, from Krones, an all-in-one solution for filling and seaming cans. This block is packed full of Krones’ knowledge coupled with state-of-the-art technology. Modulfill VFS-C Filler The Modulfill VFS-C is a volumetric can filler, suitable for both small and large output ranges. Depending on [...]...
  • The Best and Worst UK Supermarkets Aldi is the UK’s favourite supermarket for 2018, according to exclusive Which? research. The budget retailer has knocked Waitrose from the top spot, which it held for three years. Sainsbury’s finished in last position, with the least-satisfied in-store customers overall. Asda, Morrisons and Tesco, the other three largest supermarkets, complete the bottom half of the rankings. The [...]...
  • Branded Sales Outpace Own Label For First Time Since 2014 as Irish Shoppers Show Their Loyal Side The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 28 January 2018, show continued growth for Irish supermarkets with branded goods leading the way. David Berry, director at Kantar Worldpanel, comments: “The recovery of branded sales began in late 2017 and has continued apace in the new year. Sales [...]...

Diageo Tops Food and Beverage Sector in FTSE4GOOD Index

Diageo Tops Food and Beverage Sector in FTSE4GOOD Index
June 26
11:50 2012

Diageo has further strengthened its sustainability credentials by topping the food and beverage sector in the FTSE4GOOD index 2012. The index, which is designed to objectively measure the performance of companies that meet globally recognised corporate responsibility standards, saw Diageo’s score of 4.8 out of 5 beat a prestigious group of companies from the food and beverage sector including Unilever, Coca-Cola, Heineken and Nestle. Diageo was also jointly named as the leadingUKcompany in the overall rankings and placed joint second globally behind Vivendi.

Carolyn Panzer, director of corporate social responsibility at Diageo, comments: “This recognition by the investment community reflects the clear progress Diageo has made with our sustainability and responsibility strategy. Initiatives such as our Water for Life Programme in Africa, which works to extend access to clean water for 1 million new people in Africa every year to 2015, Learning for Life which has trained approximately 60,000 students with employment skills in Latin America, and Champions for change which supports social entrepreneurship in Asia, are a key examples of how we are working to embed sustainability at the heart of the business.”

Diageo has also committed to a set of ambitious environmental targets for 2015 including improving water efficiency by 30%, reducing water wasted at water stressed sites by 50%, reducing carbon dioxide emissions by 50%, eliminating waste sent to landfill, reducing the polluting power of wastewater by 60% and making all its packaging 100% recyclable.

To compile the FTSE4GOOD index, FTSE looks into a company’s corporate responsibility performance. The analysis covers environmental indicators such as climate change and environmental management; social indicators such as human and labour rights and supply chain labour standards as well as governance (countering bribery, corporate governance).

Now in its 11th year, FTSE4GOOD was launched in 2001 and tracks over 2,300 public companies. The selection criteria for the index reflect a broad consensus on what constitutes good corporate responsibility practice globally. Using a widespread market consultation process, the criteria are regularly revised to ensure that they continue to reflect standards of responsible business practice, and developments in socially responsible investment as they evolve.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • February 18, 2018Vinisud
  • February 25, 2018fish international
  • February 27, 2018Int'l Food Fair
  • February 27, 2018Warsaw Gastro Show
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements