Diageo has announced the creation of two new STEM university scholarships as part of its strategy to close the gender pay gap.
The Diageo Scholarships - in partnership with Heriot-Watt University in Edinburgh - aim to encourage more female students into Science, Technology, Engineering and Mathematics (STEM) careers and provide a pipeline of talent for the future in areas specifically related to its business.
Over each of the next three years, the scholarships will provide two women studying a BSc in Brewing and Distilling and an MEng in Mechanical Engineering with paid internships, mentoring from senior women in Diageo's manufacturing business and funding for the duration of their degrees.
Overall, women make up 40% of the global Diageo Executive Committee and currently hold 34% of leadership roles. Following the retirement of two Non-Executive Directors in September 2018, three out of eight board positions are held by women.
Mairéad Nayager, Chief Human Resources Officer, Diageo said: “We aim to be the best employer for women in the UK and are actively working to ensure we have a strong pipeline of female talent, across the broad variety of roles in our business. While there is more work to do, we are proud that our work on inclusion and diversity is making Diageo a stronger company and I am pleased with the progress we have made this year towards closing the gender pay gap across our combined businesses in Great Britain and Scotland.”
Diageo was recently ranked 1st in the UK in Equileap’s Gender Equality Ranking and the 4th Most Diverse and Inclusive Workplace globally by the Thomson Reuters Diversity & Inclusion Index 2018.
Earlier this week, Diageo published its second Gender Pay Gap Report showing an improvement in the median pay gap to +5.4% (2017: +8.6%) for Diageo employees across all legal entities in Great Britain and Scotland.
In the Diageo Great Britain business, there is a median gender pay gap of -12.6% this year. This position reflects progress made on developing, promoting and recruiting female talent into more senior roles within the company.
In Diageo Scotland there is a median pay gap of +18.0% (2017: +16.7%). This gap grew in 2018, as Diageo saw a reduction in the number of women opting for shift allowances for unsociable hours and the continuation of a long-term trend of manufacturing roles being filled by men.
This year, Diageo recruited more women than men into entry level roles in its Scotland business; 50% of all promotions were women; 66% of graduates hired were women.
In 2018, the number of women in senior leadership positions globally at Diageo also increased to 34% (2017: 30%).