DATE

June 2016

Transforming the corporate risk governance of a major FMCG player

Helping a multinational FMCG corporation meet new challenges by strengthening corporate leadership and governance of their total risk footprint

Challenge

Facing increasing stakeholder pressure, a multinational beverage corporation operating in a highly devolved business model wished to strengthen their approach to corporate governance across their total risk footprint.  Having minimal prescription from Corporate and a high exposure to health and safety risks associated with road distribution activities, including contracted-out operations in emerging markets across Africa, LatAm and Asia, the new arrangements needed to be effective and add value without attracting undue legal liability to Corporate.

Approach

We worked closely with the company to develop the corporate leadership and governance model for health and safety, drawing good practice already in place throughout the group as well as from our international expertise in safe transport, all bringing the company closer to cross-sector good practice.

We continue to support the implementation of their new, strengthened arrangements across the world and are supporting their sustained performance improvement by strengthening the line ownership, enabling smarter reporting to the Group, delivering targeted support the Regions and Business Units.

Most recently we have also been commissioned to undertake Independent Safety Reviews across all the Regions to assess both the effectiveness of risk controls being implemented together with plan to continue to drive improvements in H&S. The approach was based on review of leadership from Regional HQ together with visits to a sample of sites with various size and maturity to observe practices and interview managers and staff regarding arrangements and plans.

We’ve seen a rapid step-change in priority throughout our region over the last year or so
Regional MD

Value

We are now trusted advisors of the Group CEO and the main plc board. Dialogue with the corporation’s stakeholders has improved significantly – they are supportive of the approach being taken to address this difficult challenge.

Transforming the corporate risk governance of a major FMCG player

Helping a multinational FMCG corporation meet new challenges by strengthening corporate leadership and governance of their total risk footprint

DATE

June 2016

Challenge

Facing increasing stakeholder pressure, a multinational beverage corporation operating in a highly devolved business model wished to strengthen their approach to corporate governance across their total risk footprint.  Having minimal prescription from Corporate and a high exposure to health and safety risks associated with road distribution activities, including contracted-out operations in emerging markets across Africa, LatAm and Asia, the new arrangements needed to be effective and add value without attracting undue legal liability to Corporate.

Approach

We worked closely with the company to develop the corporate leadership and governance model for health and safety, drawing good practice already in place throughout the group as well as from our international expertise in safe transport, all bringing the company closer to cross-sector good practice.

We continue to support the implementation of their new, strengthened arrangements across the world and are supporting their sustained performance improvement by strengthening the line ownership, enabling smarter reporting to the Group, delivering targeted support the Regions and Business Units.

Most recently we have also been commissioned to undertake Independent Safety Reviews across all the Regions to assess both the effectiveness of risk controls being implemented together with plan to continue to drive improvements in H&S. The approach was based on review of leadership from Regional HQ together with visits to a sample of sites with various size and maturity to observe practices and interview managers and staff regarding arrangements and plans.

We’ve seen a rapid step-change in priority throughout our region over the last year or so
Regional MD

Value

We are now trusted advisors of the Group CEO and the main plc board. Dialogue with the corporation’s stakeholders has improved significantly – they are supportive of the approach being taken to address this difficult challenge.