???????????????????????????????????Our governance framework

bob棋牌 www.progenywines.com By providing the foundation for our strategy and approach to leadership, our governance framework helps us fulfil our purpose.?We commit to making food safe and available, everywhere and we promise to protect what’s good: food, people and the planet. It also helps us to comply with relevant regulations and legislation, as well as guides us to behave ethically and responsibly. An Executive Leadership Team is responsible for implementing the framework, supported by a Corporate Governance Office and a network of local governance and risk officers.

Our charter of responsibility outlines the roles and responsibilities of the?Tetra Laval Board??and Tetra Pak. The framework also includes a comprehensive risk management methodology and system with related and mitigating policies, procedures and global processes for managing and responding to risks.

To secure an effective and transparent internal control environment we have implemented a new Governance Risk Compliance (GRC) system. This creates a single platform for risk management, bringing mitigating policies, procedures and detailed controls together with assurance processes, assessments and reports.

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While?core values?shape our corporate culture and guide our behaviour internally and externally, our Code of Business Conduct sets out the company’s position on working conditions, discrimination, confidentiality, conflicts of interest, financial reporting, compliance, corruption, bribery, child exploitation and environmental issues.?

Governance framework

Trust and transparency

To build trust and transparency with our customers and as part of our approach to responsible sourcing across our supply chain, we work with leading sustainability assessment platforms, including the Supplier Ethical Data Exchange (Sedex), EcoVadis and CDP.

CDP A List 2022

CDP Leadership

Tetra Pak has been recognised for leadership in corporate transparency and performance on climate change and forests by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for the fourth year running.

Ecovadis logo

EcoVadis

Tetra Pak has been awarded a Gold Medal from the sustainability ratings platform EcoVadis, an organisation that evaluates companies’ corporate social responsibility (CSR) performance. Our 2023 score places us in the top 2% of companies assessed by EcoVadis in our category (manufacture of special purposes machinery industry) and among the top 5% of all companies assessed by EcoVadis.

Sedex logo

Supplier Ethical Data Exchange (Sedex)

Communicating about our responsible business practices and performance is very important to us. We are members of Sedex, the world’s largest ethical data exchange platform and organization for responsible business, working to source responsibly and improve working conditions across global supply chains. As both a buyer and a supplier, we are continuously working to meet multiple requirements of ethical auditing.

Global principles

As signatories to the?United Nations Global Compact?(UNGC) we are committed to the implementation, disclosure and promotion of its 10 principles on human rights, labour, the environment and anti-corruption. We submit an annual?Communication on Progress?and also actively contribute to the UN and best practice standards of the Forest Stewardship Council? (FSC?), World Wide Fund for Nature (WWF), UN World Food Programme (WFP) and the Global Alliance for Improved Nutrition.

Read more about our stakeholder engagement

Corruption: zero tolerance


Anti-corruption is an important part of our corporate governance and we take a zero-tolerance approach to corruption, bribery and fraud. Corruption is unethical; it undermines the fairness of the market, distorts transaction costs, destroys an open, honest and decent society and harms economic, social and political progress. Combating corruption is an important part of building trust with customers, suppliers and other stakeholders and fostering a responsible, transparent business culture.

Awareness, understanding and compliance

All employees, at all levels of the company, are responsible for complying with the governance framework in their everyday decisions and actions. Details of the framework are available on our intranet and a mandatory eLearning programme is in place.

Whistle-blowing


Anyone within or outside the company can anonymously report actual or suspected breaches of our Code of Business Conduct or any other unethical behaviour directly to either the Corporate Governance Officer or Head of Audit, without being penalised in any way. Every case of a breach of our Code of Conduct is handled individually and investigated appropriately, depending on its severity. If the incident is criminal, we report it to the relevant authority.?

1The term ‘food systems’ refers to all the elements and activities related to producing and consuming food, and their effects, including economic, health, and environmental outcomes (OECD,?https://www.oecd.org/food-systems, 2023).