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Diageo Drops Responsible Drinking and Diversity Targets Tied to Pay

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Sig3.30Sen-5.10Env0.00Soc-3.60Gov-3.90

Diageo has abandoned responsible drinking and diversity targets that were linked to executive pay as new boss Dave Lewis pushes a turnaround. Environmental, social and governance metrics no longer affect long-term incentives for Lewis and his top team, replacing them with financial performance. The shift follows a planned £740 million cost-cutting drive and a focus on canned cocktails.

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