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Diageo CEO Menezes says spirits maker is replenishing water

October 03, 2022 at 11:30 am EDT

LONDON (Reuters) - Diageo Plc CEO Ivan Menezes said on Monday in an interview at the Reuters Impact conference that the maker of Guinness beer is replenishing water in stressed areas it operates in, including in India by 2024.

The world's biggest spirits maker also sees Scotland as a "threat" in 10 to 20 years depending on how successful the world is at averting severe climate change.

"There are scenarios where we could see being water-stressed in Scotland," Menezes said.

(Reporting by Jessica DiNapoli in New York)

Ivan Menezes

Ivan M. Menezes holds the position of Chief Executive Officer & Executive Director at Diageo Plc. Mr. Menezes is also on the board of Tapestry, Inc. and The Scotch Whisky Association and Chairman for Movement To Work. In the past he held the position of Principal at Whirlpool Corp., Global Chief Operating Officer at Diageo North America, Inc., Principal at Nestlé India Ltd., Strategy Director at Guinness UDV, Principal at Booz Allen Hamilton, Inc. and Chairman-Latin America & Caribbean Region at The Diageo Chateau & Estate Wines Co. He received an undergraduate degree from St. Stephens College and an MBA from Kellogg School of Management.

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