"In the last year, we have reaffirmed our commitment to embedding RS
within the Procurement function by providing more training for our
Global Direct Spend and Point-of-Sale (POS) Procurement teams. We also
undertook a thorough review and updating of our RS standards and Supplier
Code of Practice, which has made our RS process easier to manage."
, Global Sustainability Director
Bacardi Limited is committed to sustainably sourcing all of its raw
materials and packaging. Our Responsible Sourcing program aims to
deliver this vision.
Our Responsible Sourcing risk assessment identifies the risk level
associated with the raw materials used in our responsibly sourced
products and the suppliers we source from; and we focus first on the
areas with the highest risk of environmental and social challenges.
For the Company, sugarcane is a key raw material with high risk, as
we use a range of ingredients derived from sugarcane. Molasses, for
example, is one of the main ingredients in our flagship BACARDÍ Rum
brand. With such a strong association with our business, over the past
five years, we have focused on improving the sustainability of the
sugarcane supply chain.
We are an active supporter and founding member of Bonsucro™, the
multi-stakeholder forum focused on improving social, environmental and
agricultural standards in the sugarcane industry. Bonsucro™ covers the
whole supply chain, from farmer to end user.
We have set a target that is an industry first and a first among members
of Bonsucro™. Bacardi Limited is committed to sourcing 100% of its
sugarcane-derived products from sustainably-certified sources by 2022
and to making sure that evidence of this is externally verified. Bonsucro is our preferred standard.
Learn more about our progress targets