Pernod Ricard announces new ESG goals, pledges to reduce emissions by 50% by 2030

Pernod Ricard, the world's second-largest wine and spirits company, has announced a new set of ambitious ESG (environmental, social, and governance) goals, including a pledge to reduce its greenhouse gas emissions by 50% by 2030.

The company's new ESG goals are part of its "Sustainability & Responsibility 2030" roadmap, which was launched in 2021. The roadmap outlines Pernod Ricard's commitment to creating a more sustainable and responsible business, and includes targets in areas such as climate action, water stewardship, and social inclusion.

Pernod Ricard's new ESG goals are as follows:

• Reduce greenhouse gas emissions by 50% by 2030, and achieve net zero emissions by 2050.
• Reduce water consumption by 20% by 2030.
• Reduce waste by 30% by 2030.
• Increase the proportion of women in leadership positions to 30% by 2030.
• Increase the proportion of employees from underrepresented groups to 20% by 2030.

Pernod Ricard said that it will invest €1 billion in sustainability initiatives over the next five years to help achieve its new ESG goals. The company also said that it will work with its suppliers and partners to reduce its environmental impact throughout its supply chain.

Pernod Ricard's new ESG goals are ambitious, but they are also necessary. The company's products are enjoyed by customers all over the world, and it has a responsibility to reduce its environmental impact and promote social inclusion.

The company's new ESG goals are a step in the right direction, and they should be commended for their commitment to sustainability. Other companies should follow Pernod Ricard's lead and set ambitious ESG goals of their own.