GRI Content Index

INDICATOR DESCRIPTION LINKS AND NOTES
G4-1

Statement from the most senior decision-maker of the organization about the relevance of sustainability to the organization, and the organization's strategy for addressing sustainability.

Welcome Letter

INDICATOR DESCRIPTION LINKS AND NOTES
G4-3 Name of the organization Bacardi Limited
G4-4 Primary brands, products and services Bacardi Limited brands
G4-5

Location of the organization's headquarters

Bermuda

G4-6

Number of countries where the organization operates, and names of countries where either the organization has significant operations, or that are specifically relevant to the sustainability topics covered in the report.

We operate 29 production facilities including bottling, distilling and manufacturing, located strategically in 15 countries, including Brazil, Canada, Chile, China, France, Germany, India, Italy, Mexico, Portugal, Puerto Rico, Switzerland, UK, Uruguay and USA. In addition, we have offices in another 25 countries.

G4-7

Nature of ownership and legal form.

Family-owned Bacardi Limited is the largest privately held spirits company in the world. Bacardi Limited is headquartered in Bermuda and incorporated under Bermudian law.

G4-8

Markets served

The corporate structures of Bacardi includes five geographical regions - North America, Europe, Middle East and Africa, Latin America and the Caribbean and Asia Pacific - and the global functions that support the Company.

G4-9

Scale of the organization (including number of employees, total number of operations, net sales, total capitalization - debt & equity, quantity of products provided)

While we understand the importance of sharing financial information to assess a company's size and structure and for comparison of CR programs among others of a similar size, Bacardi is a private company and considers this confidential information. Our FY17 revenues were in excess of $4B, but less than $6B. While we have shared specific additional information in the past, moving forward our position is not to publish this information.

G4-10

Total number of permanent employees by employment contract, employment type, region & gender.

People data charts

G4-11

Percentage of total employees covered by collective bargaining agreements

People data charts

G4-12

Describe the organization's supply chain

Bacardi operates a network of plants on a global basis. The first element of the value chain is our supply base, which is carefully selected through a holistic process encompassing evaluation of capabilities, service, costs, innovation and corporate responsibility. Bacardi’s Operations team is committed to making sure we have a robust vendor selection, validation and qualification process, followed with a strong vendor management and supply control methodology. Our processes and methodologies are centered on 4 key areas of focus: Labor Standards, Health & Safety, the Environment, and Business Ethics. We also rely on 3rd party support such as Sedex and SMETA audits.  Bacardi invests significant amount of efforts in developing long-term strategic relationships with suppliers that enables strong partnerships yielding for the parties and the local communities.

G4-13

Significant changes during the reporting period regarding the organization's size, structure, ownership or supply chain.

No significant changes to report

G4-14

Whether and how the precautionary approach or principle is addressed by the organization.

Our environmental policy adheres to the Precautionary Principle established by the 1992 Rio Declaration on Environment and Development. This states that complete scientific certainty is not necessary before measures are taken to prevent environmental damage.

G4-15

Externally developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes or endorses.

CR landing page and Responsible Sourcing Standards

G4-16

Memberships of associations and national or international advocacy organizations.

CR landing page, Marketplace, Responsible Sourcing.

In addition, Bacardi is also members of IARD, WFA, CEPS, spiritsEurope, DISCUS, FAAR, Sedex, Bonsucro, BIER, and various local trade associations and SAOs in the markets in which we operate.

INDICATOR DESCRIPTION LINKS AND NOTES
G4-17

All entities included in the organization's consolidated financial statements or equivalent documents, and whether any entity included in the organization's consolidated financial statements or equivalent documents is not covered by the report.

The operating structure comprises a number of holding companies, trading subsidiaries and operating units, the ultimate owner of which is Bacardi Limited. In total Bacardi has more than 100 companies and sales offices that are wholly-owned.

G4-18

Process for defining the report content and the aspect boundries and how the organization has implemented the reporting principles for the defining report content.

Materiality and About this Report

G4-19

Identified material aspects

Materiality and GRI Aspects table

G4-20

For each material aspect, the aspect boundary within the organization.

Issues identified as material are relevant across the organization. No parts of the business are excluded unless otherwise stated.

G4-21

For each material aspect, the aspect boundary outside the organization.

Issues identified as material are relevant for our entire value chain, including suppliers, customers, partners and communities.

G4-22

Effect of any restatements of information provided in previous reports, and the reasons for such restatements.

Environment and PCI. Any restatements are noted in the relevant section.

G4-23

Significant changes from previous reporting periods in the scope and aspect boundries.

No significant changes

INDICATOR DESCRIPTION LINKS AND NOTES
G4-24

Stakeholder groups engaged by the organization.

Stakeholder Research

G4-25

Basis for identification and selection of stakeholders with whom to engage.

Materiality and Stakeholder Research

G4-26

Organization's approach to stakeholder engagement

Materiality

G4-27

Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded.

Materiality

INDICATOR DESCRIPTION LINKS AND NOTES
G4-28

Reporting period

About this Report

G4-29

Date of most recent report

About this Report

G4-30

Reporting cycle

About this Report

G4-31

www.BacardiLimited.com/contact

About this Report and Contact

G4-32

Report the 'in accordance' option the organization has chosen, the GRI content index, reference to external assurance report.

This report contains Standard Disclosures from the GRI Sustainability Reporting Guidelines

G4-33

Organization's policy and current practice with regard to seeking external assurance for the report.

At the current time we do not seek assurance over our report, although this is something we will consider in future.

INDICATOR DESCRIPTION LINKS AND NOTES
G4-34

Governance structure of the organization, including committees of the highest governance body. Identify any committeess responsible for decision-making on economic, environmental and social impacts.

The Bacardi Limited Board of Directors is the highest governance body within the organization and consists of 16 members. The BOD has established three principal committees covering Audit, Compensation, and Nominating & Governance (tasked with oversight of the Company's corporate governance).

G4-35

Process for delegating authority for economic, environmental and social topics from the highest governance body to senior executives and other employees.

CR Governance

G4-36

Whether the organization has appointed an executive-level position or positions with responsibility for economic, environmental and social topics and whether post holders report directly to the highest governance body.

CR Governance

G4-37

Processes for consultation between stakeholders and the highest governance body on economic, environmental and social topics. If consultation is delegated, describe to whom, and any feedback processes to the highest governance body.

The Board of Directors receives updates at least once a year on Corporate Responsibility related issues, including feedback from stakeholder research and the employee engagement survey. If needed, the CEO and members of the Global Leadership Team will work with the SVP for External Affairs & Corporate Responsibility to develop action plans in response to the results.

G4-39

Whether the chair of the highest governance body is also an excecutive officer.

Bacardi Limited has adopted the practice of separate appointments of the Chairman of the Board and the CEO of the Company. The Chairman is non-executive.

G4-40

Nomination and selection processes for the highest governance body and its committees, and the criteria used for nominating and selecting highest governance body members.

Directors of the Board are elected by our shareholders at the Annual General Meeting and hold their office for a term of one year or until their sucessors have been duly appointed. There is a Board policy on the qualifications for nominations to the BOD for which each nominee is revieed and measured against by the Nominating and Governance Committee, prior to being put forth as a candidate for election to the Board. This policy seeks to ensure the nominees meet certain criteria and have the necessary education and experience.

G4-41

Processes for the highest governance body to ensure conflicts of interest are avoided and managed.

Conflicts of interest are handled at the Board level and at the Company level. Both must adhere to the Company's Code of Conduct, unless a nominated Board member conflict is waived by the Nominating and Governance Committee following full disclosure of potential conflicts. Our by-laws also provide a director must disclose any direct or indirect interest in any contract or arrangement with us. At the Company level, the Code of Conduct is monitored by the Compliance Committee which reports to the Audit Committee.

G4-42

Highest governance body's and senior executives' roles in the development, approval, and updating of the organization's purpose, values or mission statements, strategies, policies and goals related to economic, environmental and social impacts.

The Board of Directors is entrusted with directing and conducting the business, including determining the Company's strategic direction. The Board receives a report on the Corproate Responsibility program once a year, as well as ad hoc updates from the CEO and Global Leadership Team.

G4-44

Processes for evaluation of the highest governance body's performance with respect to governance of economic, environmental and social topics. Actions taken in response to evaluation of the highest governance body's performance with respect to governance of economic, environmental and social topics, including, as a minimum, changes in membership and organizational practice.

Self-assessments are conducted for the Board and its committees on a regular basis.

G4-45

Highest governance body's role in the identification and management of economic, environmental and social impacts, risks and opportunities and whether stakeholder consultation was used.

Once a year the Board receives a report on our CR program, which covers all initiatives in this area. The Board has appointed a Compliance Committee which has, among other things, the responsibility of overseeing and implementing the Code of Conduct.

G4-47

Frequency of the highest governance body's review of economic, environmental and social impacts, risks, and opportunities.

Once a year the Board receives a report on our CR program, which covers all initiatives in this area. The Board has appointed a Compliance Committee which has, among other things, the responsibility of overseeing and implementing the Code of Conduct.

INDICATOR DESCRIPTION LINKS AND NOTES
G4-56

Organization's values, principles, standards and norms of behavior such as codes of conduct and codes of ethics.

Code of Conduct

Procurement practices

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA Why the aspect is material.

Responsible Sourcing

Materials

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Responsible Sourcing and Environment

G4-EN2

Percentage of materials used that are recycled input materials.

Our main contributor is glass, where cullet from recycled glass is between 20 - 50% depending on color and country.

Energy

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Environment

G4-EN3

Energy consumption within the organization.

Energy Data

G4-EN5

Energy intensity

Environment

Water

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Environment and Water Data

G4-EN8

Total water withdrawl by source.

Water Data

Biodiversity

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Our current strategy is based on identifying the local biodiversity where we operate, and understanding the potential impact of our activities. Measures are taken to minimize the impact, and initiatives are implemented in support of protecting the eco-systems and the biodiversity within, including partnerships with local communities and organizations. Internal and external awareness is also part of this effort. Some current activities include: Protecting Native species (Laverstoke; India; Puerto Rico; Nairn, Poniel); Protecting/enhancing local eco-systems (Puerto Rico, Meyrin); Pollinator gardens (Jacksonville; Canada); Bats (Laverstoke); Fish (Laverstoke).

G4-EN11

Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas.

15 sites near areas of notable biodiversity, some of which are internationally recognized:

o Laverstoke (England) River Test (SSSI 1006638) adjacent

o Aberfeldy (Scotland) River Tay (SAC UK 0030312) near: approx. 0.2km away

o Deveron (Scotland) Buchanan Ness Coast (SPA UK 9002491) near: approx. 3.6km away

o Aberlour (Scotland) River Spay (SSSI UK 0019811) adjacent

o Nairn/Royal Brackla (Scotland) Kildrummie Kamex (SSSI 845) near: approx. 2km away

o Poniel (Scotland) Coalburn Moss (SSSI UK 0019760) approx. near: 2.5km away

o Gensac (France) inside: Natura 2000 protected area

o Meyrin (Switzerland) Mategnin - mountain area reserve naturelle – near: Approx. 4-5km away

G4-EN14

Total number of IUCN red list species and national conservation list species with habitats in areas affected by operations, by level of extinction risk.

Poniel European Eel – critically endangered
Gensac Daisy – protected status

Emissions

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Environment

G4-EN15

Direct greenhouse gas (GHG) emissions (scope 1)

Emissions Data

G4-EN16

Energy indirect greenhouse gas (GHG) emissions (scope 2)

Emissions Data

G4-EN18

GHG emissions intensity

Emissions Data

G4-EN21

Nox, Sox, and other significant air emissions.

Emissions Data

Effluents and waste

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Environment

G4-EN23

Total weight of waste by type and disposal method.

Waste Management data

G4-EN24

Total number and volume of significant spills.

Bacardi employs a rigorous system for reporting spills and releases. In FY17, no significant spills were reported.  Our sites reported a total of 39 minor environmental releases that did not result in environmental harm.

Compliance

INDICATOR DESCRIPTION LINKS AND NOTES

G4-EN29

Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations.

Bacardi had no significant fines for environmental non-compliance at any of our global operations during FY17.

Supplier environmental assessment

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Responsible Sourcing

G4-EN32

Percentage of new suppliers that were screened using environmental criteria.

100% of new suppliers completed the VQP, which includes a screening for environmnetal criteria.

Environmental grievance mechanisms

INDICATOR DESCRIPTION LINKS AND NOTES

G4-EN34

Number of grievances about environmental impacts filed, addressed, and resolved through formal grievance mechanisms.

No environmental grievances were filed.

Employment

INDICATOR DESCRIPTION LINKS AND NOTES

G4-DMA

Why the aspect is material.

People

G4-LA1

Total number and rates of new employee hires and employee turnover by age group, gender and region.

People data

Occupational health and safety

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Safety 

G4-LA6

Type of injury, occupational diseases, lost days, and absenteeism, and total number of work-related fatalities, by region and gender.

Safety Data

Training and education

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

People

Diversity and equal opportunity

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

People

G4-LA12

Composition of governance and ethics bodies and breakdown of employees per employee category according to gender, age group, minority group membership, and other indicators of diversity.

People data

Bacardi's BOD is composed of 16 members, 2 of which are women. Of the 16, 2 are between the ages of 30-50, with 14 over 50.

Supplier assessment for labour practices

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Responsible Sourcing

G4-LA14

Percentage of new suppliers that were screened using labour practices criteria.

100% of new suppliers completed the VQP, which includes a screening for labor practices.

Human Rights

Non-discrimination

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

People Responsible Sourcing Code of Conduct

Freedom of association and collective bargaining

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Responsible Sourcing

Child labor

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Responsible Sourcing

Forced or compulsory labor

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Responsible Sourcing

Supplier human rights assessment

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Responsible Sourcing

G4-HR10

Percentage of new suppliers that were screened using human rights criteria.

100% of new suppliers completed the VQP, which includes a screening for human rights.

Society

Local communities

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Philanthropy and Community Investment

Anti-corruption

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Code of Conduct

G4-SO4

Communication and training on anti-corruption policies and procedures.

Code of Conduct

Product and service labelling

INDICATOR DESCRIPTION LINKS AND NOTES

G4-PR3

Type of product and service information required by the organization's procedures for product and service information and labeling.

As part of our commitment to responsible marketing and the Global Beer, Wine and Spirits Producers' Commitments we have committed to reviewing all our products to ensure they will carry at least one responsible drinking symbol and a responsibility website by the end of 2017. In addition, we follow all labeling requirements as governed by law.

Marketing communications

INDICATOR DESCRIPTION LINKS AND NOTES
G4-DMA

Why the aspect is material.

Markeplace

G4-PR7

Total number of incidents of non-compliance with regulations and voluntary codes concerning marketing communications, including advertising, promotion, and sponsorship, by type of outcomes.

We ensured 100% compliance with marketing codes.