Search Results for: diageo

BLOG: Spinning The Truth: Diageo CEO Lies On TV

Diageo is not an ordinary company. This is not an ordinary CEO. Spinning the truth until it becomes a lie is not normal, even if it is standard in the alcohol industry. Diageo’s products are not ordinary commodities but harmful for individuals, families, communities and societies at large. Apparently Diageo is intent on evading responsibility, rather burdening society with paying the costs for the harms its products and marketing cause, instead of acting responsibly and ethically…

NEWS: Goldman Sachs: Diageo, BAT BREXIT Winners

Big Alcohol, Diageo are BREXIT winners?
Analyst at Goldman Sachs is recommending investments in Diageo, the world’s largest liquor producer, and in British American Tobacco. The giant multinational corporations Diageo, the maker of Johnnie Walker Scotch whisky and Guinness beer, and British American Tobacco (BTI), the owner of Lucky Strike, Dunhill and Pall Mall cigarettes, stand to profit from the consequences of the British exit from the European Union (BREXIT)…

BLOG: Time’s Up For Big Alcohol Exploiting Feminism

History is clear: when the alcohol industry had the chance to be part of advancing Women’s Human Rights, it chose unequivocally: their own profits. And the alcohol industry keep choosing marketing practices that subordinate, de-humanize and sexualize women. When Big Alcohol executives get to choose whether or not to be part of creating a culture of gender equality and women empowerment that is immune to men’s violence against women, they choose profits over women empowerment. Only now that women and girls have been identified as “emerging market” with vast potential for corporate profits they pretend to care for feminist values…

BLOG: Paradise Papers And Beyond: Big Alcohol Big In Tax Schemes

What the Paradise Papers show is that alcohol industry executives think they are above the law. These new leaks show that the alcohol industry is ruthlessly externalizing costs to take home windfall profits, and deliberately scheming to avoid taxation.
It means is that Big Alcohol is leaving societies around the world completely alone with the massive costs from the damage their products cause. In the end, these practices undermine the very fabric and functioning of our societies. When domestic resource mobilization is undermined on this scale and this mercilessly important government functions like providing prevention and treatment for alcohol harm cannot be delivered to the people who need them the most.
In that sense, the leaks reveal more than concrete examples of unethical and anti-social business practices. The leaks also reveal the true face of a rogue industry…