RI Pernod Ricard SA

Pernod Ricard at Climate Week NYC to Reaffirm Its Climate Commitments

Regulatory News:

Press Release – Paris, 24 September 2024

For the first time, Pernod Ricard (Paris:RI) is taking part as a partner in Climate Week NYC, from September 22 to 29, 2024. This major global event in the fight against climate change is an opportunity for the Group to reaffirm its climate commitments and set out its roadmap, “Good Times from a Good Place”, centred around four pillars – nurturing terroir, valuing people, circular making and responsible hosting.

In line with its ambition to incorporate CSR challenges into its entire value chain, Pernod Ricard will present several of its ambitious initiatives that support the transition towards regenerative agriculture and more circular production, specifically to help reduce the carbon emissions and water consumption linked to its activities and those of its suppliers.

Maria Pia De Caro, EVP of Integrated Operations and S&R, and Noémie Bauer, Group Chief Sustainability Officer, are representing Pernod Ricard during Climate Week NYC. Maria Pia De Caro takes part in the round table “” to share Pernod Ricard’s commitments, including its net-zero targets aligned with a 1.5°C trajectory, validated by the Science Based Targets initiative in May 2024. Noémie Bauer takes part in a UN Global Compact Leaders’ Summit round table, “”. It is the opportunity to outline the initiatives Pernod Ricard has implemented to preserve water resources by cutting its consumption and returning water thanks to its replenishment projects.

Patricia Ricard, President of the Paul Ricard Oceanographic Institute, has just been appointed Patron of Nature. This appointment recognises her personal commitment as well as the initiatives led by the Institute to “understand, explain and protect the sea”. Ever since its foundation in 1966, the Paul Ricard Oceanographic Institute has been unique among oceanographic laboratories. It keeps watching over the Mediterranean, through a combination of research and awareness-raising. The Institute operates on the model of Public-Private-Philanthropic Partnerships (PPPP) and has been a member of the International Union for Conservation of Nature (IUCN) since 2022. It works on ecological restoration and nature-based solutions to improve sustainable management of resources. Patricia Ricard is also participating at Climate Week in New York and taking part in a “Friends of Ocean Action” meeting; a group committed to fast-tracking solutions to the most pressing challenges facing the ocean, climate and biodiversity.

About Pernod Ricard

Pernod Ricard is a worldwide leader in the spirits and wine industry, blending traditional craftsmanship, state-of-the-art brand development, and global distribution technologies. Our prestigious portfolio of premium to luxury brands includes Absolut vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur and Mumm and Perrier-Jouët champagnes. Our mission is to ensure the long-term growth of our brands with full respect for people and the environment, while empowering our employees around the world to be ambassadors of our purposeful, inclusive and responsible culture of authentic conviviality. Pernod Ricard’s consolidated sales amounted to € 11 598 million in fiscal year FY24.

Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code: FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices.

EN
24/09/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Pernod Ricard SA

Baptiste Salaville ... (+4)
  • Baptiste Salaville
  • Charlotte Vaisse
  • Michael B. Schäfer
  • Thomas Zlowodzki

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 02/10/2024

Rechutant début septembre à cause des inquiétudes sur un risque de récession aux USA, les marchés actions se sont ensuite repris grâce au pivot de la Fed et au plan de relance chinois qu’on n’attendait plus. La baisse des taux courts permet de mettre fin à l’inversion de la courbe sur les rendements souverains. Autos, Energy et Healthcare ont nettement sous-performé le Stoxx 600. Demain, la Golden Week, l’élection US et le budget français seront clés pour une poursuite de la progressi...

Baptiste Salaville ... (+4)
  • Baptiste Salaville
  • Charlotte Vaisse
  • Michael B. Schäfer
  • Thomas Zlowodzki

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 10/02/2024

Falling back sharply in early September due to concerns about a risk of recession in the US, equity markets then recovered thanks to the Fed's pivot and the Chinese stimulus plan that was no longer expected. The fall in short-term rates did put an end to the inversion of the curve on sovereign yields. Autos, energy and healthcare significantly underperformed the Stoxx 600. To come, Golden Week, the US election and the French budget will be key to a continued market progress. With, of ...

Arnaud Autier ... (+2)
  • Arnaud Autier
  • Pierre Tegner

Pernod Ricard : A relatively uninspiring Q1 2024-25 for those who are ...

>Neutral rating maintained and target price unchanged at € 140 - To play the recovery in China and/or the US, investors will probably not favour the French spirits group, which is underexposed to these two markets compared to peers (30% of sales vs +40% for Diageo (Outperform) and +60% for Rémy Cointreau (Outperform)). In addition, its other growth drivers (India, Europe, emerging markets) are not yet fully playing their role in supporting growth in Q1 2024-25 when, a...

Arnaud Autier ... (+2)
  • Arnaud Autier
  • Pierre Tegner

Pernod Ricard : Un T1 24/25 peu engageant pour qui attend la reprise

>Neutre maintenu et OC maintenu à 140 € - Pour jouer la reprise en Chine et/ou aux US, les investisseurs ne privilégieront sans doute pas le groupe de spiritueux français, sous-exposé à ses deux marchés par rapport à ses pairs (30% du CA vs +40% pour Diageo (Surperformance) et +60% pour Rémy Cointreau (surperformance)). En outre, ses autres moteurs de croissance (Inde, Europe, émergents) ne jouent pas encore pleinement leur rôle de soutien à la croissance au T1 24/25 ...

 PRESS RELEASE

Pernod Ricard at Climate Week NYC to Reaffirm Its Climate Commitments

PARIS--(BUSINESS WIRE)-- Regulatory News: Press Release – Paris, 24 September 2024 For the first time, Pernod Ricard (Paris:RI) is taking part as a partner in Climate Week NYC, from September 22 to 29, 2024. This major global event in the fight against climate change is an opportunity for the Group to reaffirm its climate commitments and set out its roadmap, “Good Times from a Good Place”, centred around four pillars – nurturing terroir, valuing people, circular making and responsible hosting. In line with its ambition to incorporate CSR challenges into its entire value chain, Pernod Ricard...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch