INTEGRATED ANNUAL REPORT FY22

Our S&R roadmap

Our Sustainability & Responsibility roadmap: strengthening our business

Pernod Ricard’s mission, “unlock the magic of human connection by bringing Good Times from a Good Place,” places sustainable and responsible thinking firmly at the core of the Group’s ways of working. An integral part of all business activities, from grain to glass, the 2030 Sustainability & Responsibility (S&R) roadmap is key to leading and shaping the industry, and an important lever for accelerating transformation.

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Built around four pillars and 33 targets, “Good Times from a Good Place” addresses both consumer needs and material risks facing the Group. Only three years after its launch, we are already on track to meet and even outperform several of these ambitious targets. In addition to the roadmap, we are continually looking to further strengthen our commitment to sustainable and responsible thinking. We took several industry-leading steps to do so in FY22. In November 2021, executive pay and annual bonuses were directly linked to the Group S&R performance, while in April 2022, Pernod Ricard launched the industry’s first ever sustainability-linked bond. This was followed by the announcement of a new addition to the Executive Board in July 2022: an EVP of Corporate Communication, S&R and Public Affairs to strengthen our governance.

Beyond these important advancements, our work is far from complete. Pernod Ricard remains committed to further accelerating the S&R roadmap that is at the centre of the Group’s mission. Investing in a carbon-neutral future for the entire supply chain and innovating to drive greater circularity and new solutions remain key priorities for us in the coming years.