Diageo India is among the country’s leading beverage alcohol companies with an outstanding collection of premium brands.
That is why it is essential that the right programmes are in place to ensure integrity is embedded in every part of Diageo. At the heart of our business is our Code of Business Conduct (our Code). Underpinned by a corporate governance structure and robust risk, controls and compliance and ethics programme, our Code enables our employees to make the right choices and demonstrate the highest standards of integrity and ethical behaviour.
We all have a role to play in enhancing our culture and reputation of integrity by consistently living our values and applying the principles of our programme in our everyday activities. Our Global Business Integrity Team develop the strategy and core materials to support implementation in our markets and functions, while our Executive Committee oversees the programme through the Audit Committee. Markets are accountable for implementation of the Business Integrity programme and take into account local and international laws and regulations
Our commitment
Doing business with integrity goes beyond having a good corporate governance structure and compliance with policies, procedures and regulations. It is about creating a culture that demands integrity. We are working hard to engage our employees. We provide training for our managers as well as our new joiners, and distribute timely and impactful communications, so that a culture of integrity is woven throughout the business.
Our ethical framework ensures we have a clear vision and includes:
Organisational leadership and culture
Our leaders and managers ensure everyone at Diageo is engaged with our Code and policies and has the guidance they need to make the right decisions. We have developed specific training for our general managers and people managers, designed to give them an opportunity to share experiences with their colleagues and to understand their responsibility for risk, controls and compliance.
Policies and standards
We review our global policies at least once a year to ensure they are relevant and up to date and that they are accessible and available to all employees. Every policy has a named subject matter expert to manage the policies and standards and offer support and advice to our markets to help them embed these effectively.
View our policies and standards
Risk management and Controls assurance and risk management (CARM)
Good risk management drives better commercial decisions, creating a growing, resilient and sustainable business. The CARM risk and control framework brings together all aspects of risk, including financial reporting, cyber, operational and reputational risk. All markets and functions are required to understand their risks and reflect them through their control activities, to rectify any weaknesses swiftly and to certify annually whether they are operating effectively
Working with our business partners
We're committed to establishing good working relationships with our partners and ensuring that they adhere appropriately to our principles. We have comprehensive programmes to manage various potential risks posed by our business partners. These include:
- Anti-money laundering checks
- 'Know Your Business Partner' anti-corruption due diligence programme
- Credit risk assessments
- Partnering with Suppliers programme.
Monitoring, auditing and reporting
Our business units provide regular updates to our Global Business Integrity team, which monitors adherence to our risk and compliance programme. Significant concerns are reported quarterly to our Executive and Audit Committees.
Our SpeakUp is a confidential service to raise concerns about compliance to the law, our Code, any of our global policies or standards or any other compliance and ethics matters.