Campari Group Earns Fair Pay Workplace Certification

Milan, Italy – September, 25^th 2024 – Campari Group is proud to announce that it has been certified by Fair Pay Workplace, backed by Syndio (FPW), in recognition of its sustained commitment to ensure fair and equitable compensation across the organization.

The Fair Pay Workplace certification is based upon a transparent and trusted set of rules and standards of measurement, built by leading independent industry experts across academia, law, and business, to differentiate organizations dedicated to meaningful pay equity.

Campari Group worked with Fair Pay Workplace for review and independent verification of the steps it is taking to achieve true and equal pay irrespective of gender as they relate to equal work.

The certification highlights that according to the unadjusted median pay gap – which measures the difference between the median compensation of all men and the median compensation of all women in the workforce – men at Campari Group earned 81.47 cents for every euro earned by women across all roles. In other words, the unadjusted gender pay gap at Campari Group is 18.53% higher for women. This reflects the structural differences in gender by type of job, with men being more prevalent in production plants and women being more represented in office roles. For comparison, the available data from the EU reveal that the overall gender pay gap was 12.7% lower for women in 2022*, with men earning more than women across the EU.

When considering the adjusted pay gap – which compares the average distribution of pay between two groups with similar job positions, qualifications, and experience, women earned 99.65 cents for every dollar earned by men. This means that, when considering legitimate factors that might explain why people are paid differently, such as their responsibility, experience and location, men and women earn virtually the same amount. This result is a testimony of the consistency in our pay policies and highlights Campari Group’s commitment to equitable compensation practices.

As the first company in the global spirits industry to certify with FPW, Campari Group continues to build on its long-standing commitment to fostering employee well-being, empowerment, and engagement. Offering fair pay and equal opportunities contributes to ensures that all employees feel valued, recognized, and motivated to contribute their best, driving overall workplace positivity and strengthening talent retention. This certification marks a significant milestone in Campari Group's journey, celebrating the progress made and the Group’s commitment to continue ensuring gender pay equity.

* Eurostat gender pay gap statistics