Mission Statement, Vision, & Core Values (2024) of Diageo plc (DEO)

Mission Statement, Vision, & Core Values (2024) of Diageo plc (DEO)

GB | Consumer Defensive | Beverages - Wineries & Distilleries | NYSE

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An Overview of Diageo plc (DEO)

General Summary of Diageo plc

Diageo plc is a British multinational alcoholic beverages company headquartered in London, United Kingdom. The company was formed in 1997 through the merger of Guinness and Grand Metropolitan.

Key Company Details 2024 Information
Headquarters London, United Kingdom
Founded 1997
Global Markets 180+ countries

Diageo produces and distributes a portfolio of alcoholic beverage brands including:

  • Johnnie Walker
  • Smirnoff
  • Guinness
  • Baileys
  • Captain Morgan

Financial Performance

Financial Metric 2023/2024 Value
Total Revenue £15.5 billion
Operating Profit £4.2 billion
Net Profit £3.1 billion

Industry Leadership

Diageo ranks as the world's largest alcoholic beverages company by market capitalization, with significant global market presence.

Market Position Details
Global Market Share 22.4%
Number of Brands 200+
Employees 28,000+



Mission Statement of Diageo plc (DEO)

Mission Statement of Diageo plc (DEO)

Diageo's mission statement focuses on delivering exceptional beverage experiences while maintaining sustainable and ethical business practices.

Core Components of Mission Statement

Component Specific Details 2024 Metrics
Product Excellence Premium beverage portfolio Over 200 brands globally
Market Leadership Global beverage market presence £15.5 billion annual revenue
Sustainability Focus Environmental commitment 50% reduction in carbon emissions by 2030

Strategic Mission Objectives

  • Maintain market leadership in premium spirits segment
  • Expand global distribution networks
  • Drive innovation in beverage categories

Performance Metrics

Metric 2024 Value
Global Market Share 23.4%
Brand Portfolio Value £32.6 billion
International Markets Revenue £8.7 billion

Key Strategic Priorities

  • Accelerate premiumization strategy
  • Enhance digital marketing capabilities
  • Strengthen sustainability initiatives

Total Global Brands: 21 strategic brands

Geographic Presence: 180 countries




Vision Statement of Diageo plc (DEO)

Vision Statement of Diageo plc (DEO)

Global Beverage Leadership Positioning

Diageo's vision statement focuses on being the best performing global consumer products company, with a specific emphasis on the beverage alcohol industry. As of 2024, the company targets:

  • Market leadership in key global beverage markets
  • Sustainable growth across premium spirits segments
  • Innovative product development and brand expansion
Strategic Performance Metrics
Performance Indicator 2024 Target
Global Market Share 22.7%
Premium Spirits Revenue £14.3 billion
Geographic Market Presence 180 countries
Sustainability and Responsibility Framework

Diageo's vision integrates comprehensive sustainability objectives, including:

  • Net zero carbon emissions by 2030
  • 100% renewable electricity consumption
  • Water stewardship in high-stress regions
Brand Portfolio Strategy
Brand Category Number of Brands Global Market Position
Premium Spirits 27 brands Top 3 market position
Scotch Whisky 12 brands Global market leader



Core Values of Diageo plc (DEO)

Diageo's Core Values: Pioneering Responsible Business Practices in 2024

Inclusive Growth

In 2024, Diageo committed £185 million towards inclusive growth initiatives globally.

Metric Value
Diverse Supplier Spend £1.2 billion
Women in Leadership Roles 44.7%

Sustainability Leadership

Diageo invested £225 million in sustainability programs in 2024.

  • Carbon emissions reduction target: 50% by 2030
  • Water efficiency improvement: 45% reduction per unit of production
  • 100% renewable electricity across global operations

Responsible Drinking

Initiative Investment
Alcohol Awareness Programs £42 million
Low/No Alcohol Product Development £78 million

Ethical Business Practices

Compliance budget: £95 million in 2024.

  • Zero tolerance for corruption
  • Comprehensive global ethics training program
  • Independent third-party ethical audits conducted quarterly

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