behind the Brew Issue 3
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Raising <strong>the</strong> bar on Sustainability & Connectivity<br />
The day came to a close with a look at <strong>the</strong> plans we’ve in place to<br />
ensure we’re winning in <strong>the</strong> area of sustainability and responsibility,<br />
before reviewing <strong>the</strong> steps we’ll be taking over <strong>the</strong> next three to<br />
five years to revamp our digital journey and become <strong>the</strong> bestconnected<br />
brewer, to serve customers and consumers who are<br />
increasingly looking to buy our brands online.<br />
Our EverGreen 2025 ambition<br />
By <strong>the</strong> end of 2025, our global ambition is to:<br />
• Increase our revenue to mid-single digit growth.<br />
• Increase our operating margin by 17% by 2023 and operating<br />
leverage beyond.<br />
• Increase our capital efficiency.<br />
• Cut our CO 2<br />
emissions by 50% in production.<br />
Our Green Diamond is our ‘yardstick’ for success against our<br />
balanced growth ambition. It will ensure that we strike a balance<br />
between short-term delivery, long-term sustainability and between<br />
top-line growth and overall value creation.<br />
How we’ll get <strong>the</strong>re...<br />
Nothing More, Nothing Less 2022 is year one of our EverGreen<br />
2025 strategy. It lays <strong>the</strong> foundation for future growth and outlines<br />
<strong>the</strong> direction of travel for our business over <strong>the</strong> coming years.<br />
Placing a focus on cultural shifts, we’ll create a sense of belonging<br />
through our new Purpose, Values and Behaviours as we continue to<br />
meet <strong>the</strong> demands of a fast-changing world.<br />
Becoming more externally focused and stepping-up our consumer<br />
and customer-centricity will be key. We’ll place bigger bets on our<br />
premium beers, ensure <strong>the</strong>re’s Always A Choice with 0.0 and do<br />
more to stretch and go beyond beer, to win <strong>the</strong> hearts of customers<br />
and drinkers and regain momentum in <strong>the</strong> cider category. We’ll<br />
maximise our pub estate too, enhancing our use of capital and<br />
creating fantastic drinkers experiences of our brands.<br />
We must place continuous focus on productivity to free up<br />
resources and reinvest in growth, whilst being bolder with our<br />
technology agenda and tackling <strong>the</strong> digitisation of our business<br />
with more urgency.<br />
On top of this, we’re raising <strong>the</strong> bar on our environmental and social<br />
ambitions by continuing to champion responsible consumption<br />
and prioritising <strong>the</strong> implementation of our 2022 Carbon Neutrality<br />
plans, both of which are woven into our <strong>Brew</strong> a Better World 2030<br />
commitments, which you can read more about in this issue of<br />
Behind <strong>the</strong> <strong>Brew</strong>.<br />
We shared more about our EverGreen 2025 strategy and<br />
our Nothing More, Nothing Less plan for 2022 at <strong>the</strong> All<br />
Colleague Townhall on 6th December. If you missed it,<br />
you can catch up on <strong>the</strong> event website. Here you’ll find<br />
recordings from <strong>the</strong> event, along with o<strong>the</strong>r pre-recorded<br />
content from <strong>the</strong> Leadership Event and a number of videos<br />
bringing to life our new Values, our Brands and our <strong>Brew</strong> a<br />
Better World agenda.<br />
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