Diageo has published its Gender Pay Gap Report, which shows improvement in the median gender pay gap across the company's combined legal entities in Great Britain and Scotland.
Lower than the national average median pay gap
Since 2017, Diageo's combined median pay gap has more than halved to 2.8% and continues to be lower than the ONS reported national average median pay gap of 15.5%.
In Diageo's Great Britain business, 2020 saw the gap again widening in favour of women, and in Diageo Scotland business it is unchanged.
"We are proud of the progress we are making, but we know there is more to do," reports Diageo.
Following the introduction of Diageo's ambitious family leave policies, the average number of days taken by men for family leave increased from 11 to 92 in its Diageo Great Britain business and from 11 to 109 in its Diageo Scotland business.
Diversity and inclusion as a strategic priority
Championing inclusion and diversity is one of Diageo’s strategic priorities. The company wants to leverage the broadest range of backgrounds and skills to create a fully inclusive, high-performing culture.
In 2020, 39% of leadership roles globally were held by women. As part of its new ‘Society 2030’ sustainability action plan, the company's ambition is for 50% of leadership roles to be held by women by 2030.
Championing all forms of diversity
Diageo recognises that gender parity is just one measure of an inclusive workplace and it is dedicated to creating a culture where every individual can thrive.
In November 2020 Diageo set an ambition to increase representation of leaders from ethnically diverse backgrounds to 45% by 2030. In October 2020, we joined the ‘Change The Race Ratio’ campaign to champion ethnic diversity in business in Great Britain. By joining the campaign - coordinated by the Confederation of British Industry – Diageo has committed to taking meaningful action that will not only increase ethnic diversity in business, but also create a culture that enables all individuals to thrive.
“Diageo champions inclusion and diversity in all that we do, from the make-up of our senior leaders, the agencies we work with, the community programmes we operate and the way in which people are portrayed in our advertising," comments Mairead Nayager, Diageo Chief HR Officer (pictured below).
"While there is more to do, I am proud that we have further reduced the gender pay gap across our UK businesses to +2.8%, among the lowest in the FTSE. Hiring, retaining and promoting diverse talent hugely strengthens Diageo as a business, which is why we have set stretching targets to ensure 45% of our leadership team will be ethnically diverse and half will be women by 2030.”
Access the full report here.
Work for a company that strives for workplace equality
Diageo belives most inclusive and diverse culture makes for a better business and a better world; so the company promises to champion inclusion diversity across its business, with its partners and communities, to celebrate diversity and help shape a tolerant society.
If you want to be part of a fair and equal company, search Diageo's exciting vacancies.
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Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.