Ensuring ethical business conduct
by spreading best practices
For the Group, business ethics is not just a CSR topic; it is the responsibility of everyone, including partners, suppliers and stakeholders. Compliance with the various applicable regulations more than just a legal requirement. For Rémy Cointreau, it
is further proof that respect, honesty, integrity and equality form an integral part of its values. Aware that employees are often the first to identify inappropriate behaviour or actions within the Group, Rémy Cointreau has developed a whistleblower
charter this year to recognise that everyone has the right to flag bad practices, abuse or wrongdoing in full confidence, but also to seek help and advice.
In so doing, Rémy Cointreau hopes to provide its employees with a framework of trust in which they are free to express themselves. In order to more generally raise investors' awareness of its CSR commitments, the Group regularly partakes in financial
roadshows with a special focus on CSR, enabling it to present its entire CSR strategy to SRI investment funds.
For a transparent
and exemplary fiscal policy
Operating in some twenty countries around the world, mainly through subsidiaries, the Group is committed to complying with all tax regulations applicable to all its activities. For the 2019/2020 financial year, the Group's income tax expense amounted
to €60.9 million, i.e. an effective tax rate of 34%.
Moreover, Rémy Cointreau contributes to the public finances of its various countries of operation through the payment and collection of taxes and contributions, in particular turnover taxes, customs and excise duties, payroll taxes, property taxes
and other local taxes specific to each country.
The Group neither establishes nor encourages any form of tax evasion, and ensures the operational reality and tax validity of its operations by refusing any artificial arrangements. It makes all tax transparency declarations, such as the Country by
Country report or declarations of this type requested in its countries of operation.
Exemplary actions recognised
internationally
On the international scene, Rémy Cointreau leads by example in the area of CSR. In acknowledgement of this recognition, Rémy Cointreau was awarded first place in the Gaia Rating, from among 230 companies. Created by Ethifinance, an extra-financial analysis
and consulting agency, the Gaia index rewards small and medium-sized companies for their CSR performance and transparency. The Group thus received a score of 90/100 based on an analysis of more than 70 criteria, such as CSR policy, energy management,
transparency and governance. For the first time, Rémy Cointreau was placed at the very top of this ranking: a strong signal that rewards its long-standing commitment to its employees and partners, and encourages it to go even further.
In further recognition of the Group’s strong CSR measures implemented over several years, it was identified as a player with responsible investment practices by Generali Investment - a company that prepares a ranking of ethically responsible companies
in the agri-food sector every year. Rémy Cointreau climbed the ranks to fourth position this year.
