Tata Global Beverages Limited aims to deliver long-term value for our shareholders by providing products and brands that consumers enjoy – without ever compromising on integrity, our environmental and social obligations or regulatory compliance.
We have clear management processes and policies in place that ensure this is the case – they also guarantee transparency and openness in everything we do, at every level of our company.
Our corporate governance system
Our corporate governance system meets international standards and best practice. The system:
- ensures we operate within accepted standards of propriety, fair play and justice
- enables all our employees to voice any concerns they have openly and without fear or inhibition
- provides a Tata Code of Conduct covering every employee, including our executive directors
We also operate in accordance with our Tata Business Excellence Model, Code for Prevention of Insider-Trading and Code of Corporate. Tata non-executive directors are also covered by a condensed Code of Conduct.
Our Code of Conduct
We operate in line with a comprehensive Code of Conduct, which applies to all our employees – including our managing and executive directors. The Code is accessible to everyone who works for our company
Meeting our social and environmental obligations
We have systems in place that encourage and recognise employees’ participation in environmental and social initiatives that support our aim to be a sustainable business and also benefit the wider community.
Our corporate governance structure
Our corporate governance structure ensures that corporate governance is made a priority at every level of our company. It assigns responsibility and accountability to individuals, Board committees and management teams.
Our Board of Directors
The Tata Board is made up of 13 directors – including the chairman (currently a non-executive), 1 executive director and 12 non-executive directors out of which 7 are independent directors. The Board holds overall responsibility for all aspects of corporate governance and ensures that we operate in line with all relevant processes and policies.
Our Ethics and Compliance Committee
The committee, which comprises three members, ensures that we operate at all times in line with external and internal insider trading guidelines and the Tata Code of Conduct.
Coporate Sustainability Reporting Committee
The committee monitors and guides the policies we’ve put in place covering environmental management, social responsibility, health & safety and product stewardship.
Our Audit Committee, Remuneration Committee, Shareholders and Investors Grievance Committee, Executive Committee and Nomination Committee also play an important, if more indirect role, in ensuring that we maintain the highest standards of corporate governance in every aspect of our operations.