At a Glance

Our Structure

 

Our company operates through four Business Groups, each dedicated to a specific category, aligning with our overarching purpose:

  1. Chocolate & Confectionery
  2. Water & Drinks
  3. Coffee
  4. Chips

We strive to make every day more than ordinary. Our trusted brands have earned the confidence of society. Behind these brands are our dedicated team, committed to making a positive difference in people’s lives through small yet meaningful actions, day after day.

Grounded in our purpose, values, and principles, we maintain a strong connection within our company. We understand that by giving our best and being our best—for our customers, for each other, and for the world—we pave the way for collective success.

Strategy

 

Creating Shared Value

Our belief in creating value for both our shareholders and society has always been at the core of our company’s strategy. We recognize that long-term success can only be achieved by focusing on the needs of consumers, maintaining operational agility, and striving for executional excellence.

Continuous Innovation

To meet the ever-changing preferences of consumers, we constantly evolve our product offerings. Through rapid innovation, operational efficiency, and resource allocation, we aim for balanced financial growth. Our commitment to long-term strategy ensures consistent and sustainable success.

Trusted Brands

We collaborate with retail partners to adapt our product portfolio and channel strategies, leveraging our trusted brands. By customizing new products according to local tastes and preferences, we forge stronger connections with our customers.

Driving Innovation

We fuel our growth by building a pipeline of highly differentiated innovations. Rapid testing and launching of new ideas are key to our success. We focus on delivering affordable and sustainable products that anticipate emerging trends and cater to diverse consumer needs, while also prioritizing solutions with a reduced environmental impact.

Affordable, Accessible Nutrition

Our goal is to offer high-quality food products that provide nutritional value at an affordable cost and in suitable formats. We strive to make our products accessible to lower-income consumers, ensuring that everyone has access to nutritious options.

Premium Product Range

In each of our product categories, we introduce distinctive and value-added innovations to the market. Guided by consumer insights and creative exploration, these innovations reinforce the relevance of our brands and create opportunities for category growth.

Accelerating Digitalization

We recognize the importance of data and technology as a competitive advantage. By building a seamless consumer experience and adopting a channel-less commerce system, we unlock valuable data across geographies and categories. E-commerce is a priority, and we aim to enhance performance in all markets and categories. The integration of artificial intelligence and remote assistance allows us to increase agility and flexibility within our manufacturing sites and supply chains, addressing the evolving demands of today’s world.

Creating Value for Society

Our commitment to long-term value creation extends beyond financial success. We combine global resources with local expertise, acting with focus and purpose to make a meaningful impact on society. By harnessing the power of business as a force for good, we strive to create shared value for all stakeholders.

Respecting Human Rights

We hold a deep commitment to respecting human rights in all aspects of our business operations. We acknowledge that it is the responsibility of sovereign states to establish and uphold laws and policies that protect against human rights abuses. However, in cases where legal frameworks are inadequate or conflict with internationally recognized human rights, we are dedicated to doing what is right. Our commitment extends across our entire value chain, encompassing all stakeholders, including our employees, consumers, local communities, and business partners.

No Child Labor

We strictly prohibit the exploitation of children and are committed to eradicating child labor from our end-to-end value chain. We align with the International Labor Organization’s definition, which states that child labor deprives children of their childhood, potential, and dignity, and interferes with their physical and mental development. We firmly stand against any form of child labor and ensure that our operations do not contribute to this violation of human rights.

No Forced Labor

We support the Consumer Goods Forum Priority Industry Principles, which address the issue of forced labor. We recognize that certain employment and recruitment practices, when combined with leverage or other factors, can result in forced labor, particularly among vulnerable workers. As part of our commitment to human rights, we actively implement these principles across our global value chains and operations. Our aim is to eliminate forced labor and protect the rights of all workers, regardless of their employment status, location, contractual arrangements, or role.

Non-Discrimination

Inclusivity lies at the core of our values. We are deeply committed to fostering an inclusive culture and do not discriminate against individuals based on various legally protected factors, including race, color, gender, age, national origin, religion, sexual orientation, gender identity and expression, marital status, citizenship, disability, veteran status, HIV/AIDS status, or any other protected characteristic. We respect our employees’ right to choose union representation or recognized employee representation as per local law, and we strive to establish constructive dialogues with employee representatives to address their interests and concerns.

Doing the Right Thing with Our Employees

Our commitment to improving lives extends to our employees. We recruit, hire, and retain talented individuals from diverse backgrounds, reflecting the markets and consumers we serve. Embracing diversity provides us with a competitive advantage and fuels innovation in our ideas, products, and services. We believe that a diverse workforce drives our collective success and enables us to achieve our goals together.

Waste Reduction

Our Packaging Sustainability Strategy

At our company, we are committed to shaping a future where waste is minimized and eliminated. Our vision is to ensure that none of our packaging ends up in landfills or as litter. We aspire to create a future where well-designed packaging, innovative materials, improved recycling infrastructure, and reusable or refillable packaging prevent waste on land and in oceans. While this goal is ambitious, we are dedicated to achieving it.

Achieving this vision requires collective action from all sectors of society. We actively participate in the development of effective collection, sorting, and recycling systems in the countries where we operate. While the global infrastructure gap poses challenges beyond our control, we collaborate with partners worldwide to model successful collection and resource recovery systems.

Our packaging strategy is grounded in science and driven by experts dedicated to developing sustainable packaging materials for the future. Our team is at the forefront of evolving packaging design practices, focusing on refillable or reusable packaging systems, simplified or recycled packaging materials, and high-performance barrier papers, as well as bio-based, compostable, and biodegradable materials.

Our strategy revolves around five pillars:

  1. Reducing plastic packaging material usage: We aim to decrease our reliance on packaging materials, including virgin plastic, by one-third by 2030.
  2. Scaling reusable and refillable systems: We are actively working to eliminate non-recyclable plastics and investing in innovative delivery systems that reduce the need for disposable packaging.
  3. Designing better packaging materials: Collaborating with industrial partners, we are engaged in the development of new packaging materials and solutions.
  4. Supporting recycling infrastructure: We strive to prevent plastic leakage into the environment by supporting and promoting effective recycling initiatives across our global operations.
  5. Shaping new behaviors: Addressing the plastic waste challenge requires a collective shift in behavior. We are committed to driving behavioral change among our company, retail partners, suppliers, and consumers.

Through our comprehensive packaging sustainability strategy, we are determined to make a significant positive impact on waste reduction and contribute to a more sustainable future.