United Nations Global Compact Principles
|UNGC Principle||Bacardi CR Strategy|
Human Rights (Principles 1 & 2)
Our suppliers have to meet our Responsible Sourcing Standards, which were developed in line with the Universal Declaration of Human Rights, which commit our suppliers to complying with human rights principles. Through our Responsible Sourcing process, in connection with Sedex, suppliers undergo self-assessments and on-site audits. In FY17 we will formalize our human rights policy.
Labour (Principles 3, 4, 5 & 6)
Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining; the elimination of all forms of forced and compulsory labour; the effective abolition of child labour; and the elimination of discrimination in respect of employment and occupation.
Through our People Strategy and Responsible Sourcing Standards, we respect the right to freedom of association among all of our employees, require our suppliers to respect freedom of association and the right to collective bargaining. In addition, we do not use forced or child labor in any of our operations. Our Company Code of Conduct includes a commitment to equal opportunity and non- discrimination.
Our Responsible Sourcing Standards and Sedex self-assessments and audits set out the same requirements for our suppliers.
Environment (Principles 7, 8, & 9)
Businesses should support a precautionary approach to environmental challenges; undertake initiatives to promote greater environmental responsibility; and encourage the development and diffusion of environmentally friendly technologies.
Our group-wide environmental policy adheres to the precautionary principle. We aim to drive continuous improvement in our facilities' performance through a management systems approach.
Bacardi's Good Spirited initiative has specific environmental sustainability goals in sourcing, packaging and operations by 2022. The initiative covers more than 160 markets, including 75 offices and 29 manufacturing and bottling facilities, touching every employee. Within Bacardi, we have focused on energy, greenhouse gas emissions, water and waste. This complements the efforts in our Responsible Sourcing pillar and their focus of sourcing and packaging.
Through our Vendor Qualification Process and Responsible Sourcing Standards, our suppliers are required to protect the environment as part of business practice.
Anti-Corruption (Principle 10)
Businesses should work against corruption in all its forms, including extortion and bribery.
Code of Conduct summary
Our Company Code of Conduct details the behaviors we expect from our people and it addresses issues of conflicts of interest and bribery and corruption.
Our Responsible Sourcing standards state that bribery and corruption are not tolerated.