Embedding Creating Shared Value
The concept of Creating Shared Value sits with our entire 5,600-strong team. This ensures our decision making, initiatives and strategy truly reflect our commitment.
This starts with our Corporate Business Principles which set out our policy on corporate responsibility and accountability. Importantly, our adherence to these Principles is tested each year through our independently audited program, ‘The CARE Program’. Additionally, this assurance program looks at the issue of sustainability and responsibility more broadly across our operations and also tests our adherence to policies and standards across various areas including: Health and Safety, Human Resources, Business Integrity and Environmental Management.
We also arrange ourselves in a way which ensures we are identifying, and more importantly, responding to key sustainability issues across our business. This includes a sustainability governance structure, incorporating an executive-led Oceania Sustainability Council which provides oversight of our Creating Shared Value commitments and ensures we are effectively responding to our key priorities. The Council is made up of key executives from Operations, Marketing, Human Resources and External and Corporate Affairs. We also have a long-standing ‘Nutrition Council’ which governs our nutrition initiatives and claims.
We expect our governance structure to evolve over time, including through greater representation of external stakeholder groups and additional issue-specific groups.