Diageo is a prime employer for women, which is highlighted by its 2021 Gender Pay Gap Report, which shows an improvement in the median gender pay gap across the company's combined legal entities in Great Britain and Scotland.
“To be a truly inclusive business requires ambition and action which is why we champion inclusion and diversity in all that we do. We have set bold 2030 gender and ethnicity goals for our global leadership team, and I’m proud that in the last five years we have narrowed our gender pay gap from 8.6 per cent to 1.3 per cent across Diageo Great Britain and Diageo Scotland," says Louise Prashad, Diageo Chief HR Officer
As well as working to close the gap further, we will continue to break down barriers and challenge stereotypes, while also creating opportunities for our people, our suppliers and our communities to thrive," she continues.
Creating a fully inclusive culture
Championing inclusion and diversity is one of Diageo's strategic priorities and the company wants to leverage the broadest range of backgrounds and skills to create a fully inclusive, high-performing culture.
The percentage of female leaders globally is now 42 per cent, an increase from 39 per cent in the previous year. As a part of Diageo's Society 2030: Spirit of Progress global action plan, the company's ambition is for 50 per cent of leadership roles to be held by women by 2030.
Diageo Great Britain and Diageo Scotland's combined median pay gap is now + 1.3 per cent, compared to + 2.8 per cent in the previous year. Diageo’s combined gender pay gap figure includes all employees across Diageo Great Britain and Diageo Scotland, as well as employees in legal entities with fewer than 250 employees.
Clear commitment to diversity
Diageo recognises that gender parity is just one measure of an inclusive workplace. Since 2020, driving diversity in the company's leadership has been linked to its Long-Term Incentive Plan (LTIP) awards, meaning that every senior leader is incentivised to make progress on this agenda.
Diageo is one of the first companies to create such a clear link and direct accountability for diversity commitments to ensure the company is creating a culture in which every individual can thrive.
Diageo's combined median pay gap has narrowed in the last five years, from 8.6 per cent to 1.3 per cent. This figure continues to be lower than the Office for National Statistic's reported national average median gender pay gap of 15.4 per cent.
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Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.