DOCSLIB.ORG

Purpose with a Passion

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Purpose with a Passion Reckitt Benckiser Group plc (RB) plc Group Benckiser Reckitt Annual Report and Financial Statements 2016 Purpose with a passion Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2016 WorldReginfo - 1a77ac7a-db60-454d-8e06-2a64767f9f9b RB has a vision of a world where people are healthier and live better lives. Inspired by our purpose and a passionate culture that drives ownership and rewards success, we push ourselves to outperform, every day. Our purpose Our passion Our performance See more on pages See more on pages 4-5 See more on pages 6-7 2-3 2 3 4 5 6 7 Strategic Report Strategic Report Strategic Report Strategic Report Strategic Report Strategic Report Governance Governance Governance Governance Governance Governance Financial Statements Financial Statements Financial Statements Financial Statements Financial Statements Financial Statements Why RB delivers Our purpose… …combined with …drives our (out) Right portfolio strategy We identify unmet consumer needs, drive growth through innovation and invest our passion performance disproportionately behind our high-potential markets (Powermarkets) and our faster- growing brands (Powerbrands). Our purpose inspires us and informs what we do. RB has a unique culture that harnesses Bringing together passionate people and With every decision, we look for innovative solutions that Our purpose is to make the passion of our people. We have a compelling We want our people to behave as giving them a clear purpose makes RB a business where Powerbrands Powermarkets can help our consumers to live better, from new products a difference, by giving people desire to challenge ourselves and each other, if they own the business. The “Top40” we act fast, take responsibility and aim for and reward that improve health to social programmes that to not just deliver but to outperform and make exceptional performance. managers in RB have the highest 19 16 innovative solutions for healthier touch millions of lives. RB the best it can be. Rakesh Kapoor lives and happier homes. shareholding requirements in Chief Executive Officer the industry. See more on pages 36-37 Total share ownership Our world Our purpose informs every requirement for “Top40” Partnerships aspect of our strategy, from management is changing the brands we focus on and the We tap into innovation, innovations we bring to market, creativity and knowledge Many factors, from increasing life to the role we play in society. through our partnerships with Performance- Successful expectancy to rising healthcare £203m costs, are boosting demand for We have the highest other organisations, and strive health and hygiene products. based culture innovation shareholding requirement in for a spirit of openness. the industry and the FTSE 100. Our culture is central to our Continuous, successful outperformance. We live our innovation is the key to See more on values, and our compensation long-term success. We listen pages 18-19 approach and share ownership to our consumers, develop requirements encourage our new products and invest people to act as if the Company heavily behind them. Our culture means we continually Achievement was their own. People reached with Health As well as offering innovative look for ways to do things better and Hygiene messaging products, we improve people’s Everyone wants a sense of health and hygiene through achievement and for RB that our education and prevention £150m means outperformance. Virtuous Value creation 365m programmes. Savings targeted from Project Supercharge earnings model We have created substantial value through organic growth By targeting higher-margin See more on pages 30-31 See more on page 24 but, in a fragmented consumer segments and optimising cost, health market, we also have we expand our Gross Margin. the opportunity to acquire This gives us room to invest for strong brands. The combination Save a Child Entrepreneurship growth, increasing Net Revenue of our organic growth strategy and our Operating Margin. and acquisitions have Every Minute RB is 35,000 passionate generated significant returns people, pursuing projects for Shareholders. they believe in and Our campaign with Save the Children pushing the boundaries Total Shareholder Return since uses our expertise and our people’s Gross Margin efforts to stop diarrhoea being a of innovation. announcement of strategy in 2012 top five killer of children. £100 invested on 1 January 2012 was worth £253 on 31 December 2016. See more on pages 36-37 +180bps See more on pages 30-31 Reckitt Benckiser Group plc (RB) Reckitt Benckiser Group plc (RB) Reckitt Benckiser Group plc (RB) Reckitt Benckiser Group plc (RB) Reckitt Benckiser Group plc (RB) Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2016 Annual Report and Financial Statements 2016 Annual Report and Financial Statements 2016 Annual Report and Financial Statements 2016 Annual Report and Financial Statements 2016 Annual Report and Financial Statements 2016 Our betterbusiness strategy Our betterbusiness strategy betterfinancials bettersociety betterenvironment focuses on how we deliver How we outperform, How we support our How we reduce our through our focus on communities, develop our environmental impact and financial performance, by our brands, markets people and drive quality ensure we source materials fulfilling our social and and creating a digitally and safety in all we do responsibly environmental responsibilities. connected company See more on pages 22-35 Contents Strategic Report 36 It’s my RB 74 Corporate Responsibility, Sustainability, 1 Highlights 38 Operating Review Ethics and Compliance Committee Report 2 Our purpose, passion and performance 42 Financial Review 76 Directors’ Remuneration Report 8 Chairman’s Statement 46 Our framework for risk management 81 RB’s Remuneration Policy at a glance 10 Acquiring a world leader in infant 82 Annual Report on Remuneration and children’s nutrition Governance 93 Report of the Directors 12 Chief Executive’s Statement 54 Board of Directors 96 Directors’ Statement of Responsibilities 14 Our ongoing support in South Korea 57 Executive Committee 16 How our business works 60 Chairman’s Statement on Corporate Financial Statements 18 The megatrends driving our business Governance 97 Financial Statements 20 Our operating model explained 62 Corporate Governance Statement 174 Shareholder Information 22 betterfinancials 68 Nomination Committee Report 28 bettersociety 69 Audit Committee Report 32 betterenvironment Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2016 WorldReginfo - 1a77ac7a-db60-454d-8e06-2a64767f9f9b 1 Strategic Report Governance Financial Statements Highlights Introduction from the Chairman betterfinancials Net Revenue Adjusted1 Earnings Per Share (diluted) £9.9bn 302.0p Like-for-like growth1 +3% +17% Total reported growth +11% Gross Margin Total dividend for the year 2016 was an important year for RB. Our earnings model remains strong, 60.9% 153.2p as our growth strategy continues to +180bps +10% deliver outperformance. The tragic humidifier sanitiser (HS) issue in South Adjusted1 Operating Margin Health and Hygiene Korea, and Oxy RB’s part in it, reminds us that consumer safety is our number one priority. The lessons from 28.1% 75% the HS issue and actions we have +130bps of Net Revenue taken are set out on pages 14 to 15. Operating Margin 24.3% (-90bps) Reported Earnings Per Share (diluted) Developing markets 256.5p 31% +6% of Net Revenue 1. Definitions of non-IFRS measures and their reconciliation to IFRS measures are shown on page 45. Our brands >80% bettersociety Net Revenue from Powerbrands Net Revenue from more People reached with Health sustainable products and Hygiene messaging See page 26 13.2% 365m betterenvironment Greenhouse gas emissions Water usage per unit per unit of production of production 25.0% 31.8% Reduction since 2012 Reduction since 2012 Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2016 WorldReginfo - 1a77ac7a-db60-454d-8e06-2a64767f9f9b 2 Strategic Report Governance Financial Statements Our purpose… Our purpose inspires us and informs what we do. With every decision, we look for innovative solutions that can help our consumers to live better, from new products that improve health to social programmes that touch millions of lives. Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2016 WorldReginfo - 1a77ac7a-db60-454d-8e06-2a64767f9f9b 3 Strategic Report Governance Financial Statements Our purpose is to make a difference, by giving people innovative solutions for healthier lives and happier homes. Our purpose informs every Our world aspect of our strategy, from the brands we focus on and the is changing innovations we bring to market, Many factors, from increasing to the role we play in society. life expectancy to rising healthcare costs, are boosting demand for health and hygiene products. See more on pages 18-19 People reached with Health As well as offering innovative and Hygiene messaging products, we improve people’s health and hygiene through our education and prevention 365m programmes. See more on pages 28-31 Save a Child Every Minute Our campaign with Save the Children uses our expertise and our people’s efforts to stop diarrhoea being a top five killer of children. See more on pages 28-31 Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements 2016 WorldReginfo - 1a77ac7a-db60-454d-8e06-2a64767f9f9b 4 Strategic Report Governance Financial Statements …combined with our passion
Load more

Recommended publications
  • Acquisition Agreement for Paras Pharmaceuticals -- Current
    Dealdoc Acquisition agreement for Paras Pharmaceuticals Paras Pharmaceuticals Reckitt Benckiser Dec 13 2010 © 2009-2021, Wildwood Ventures Ltd. All rights reserved. Acquisition agreement for Paras Pharmaceuticals Paras Pharmaceuticals Companies: Reckitt Benckiser Announcement date: Dec 13 2010 Deal value, US$m: 730.0 : acquisition value • Details • Financials • Termsheet • Press Release • Filing Data • Contract Details Announcement date: Dec 13 2010 Pharmaceutical Industry sectors: Consumer health Financials Deal value, US$m: 730.0 : acquisition value Termsheet 13 December 2010 Reckitt Benckiser has agreed to buy Paras forINR 32.6 billion (Indian Rupees) (approximately GBP 460 million). RB will finance the transaction from existing facilities. Press Release RB Buys India’s Paras Pharmaceuticals Ltd 13 December 2010 Reckitt Benckiser Group plc (RB) today announces that it has agreed to buy Paras Pharmaceuticals Limited (Paras) forINR 32.6 billion (Indian Rupees) (approximately GBP 460 million) from the current shareholders, including the Patel family and Actis, the emerging markets private equity investor. RB will finance the transaction from existing facilities. Paras is a privately-owned Indian company with a portfolio of leading Indian over the counter Health and Personal Care brands including: Moov, the No 2 topical analgesic pain ointment, D’Cold, the No 2 cold & flu remedy, Dermicool, the No 2 for prickly heat, Krack, the No 1 medicated skin treatment for cracked heels and Itch Guard and Ring Guard anti fungal creams. In addition, Paras has a personal care business led by Set Wet, a leading hair gel and deodorant brand. In the fiscal year ending March 2010, Paras generated net sales of INR 4,014 million, representing a mid-teens average growth rate over the last four years, and operating EBITDA for the same year of INR 1,083 million (approximately GBP 56 million and GBP 15 million respectively).
    [Show full text]
  • RB Partners with Veolia to Drive a Circular Plastics Economy
    RB partners with Veolia to drive a circular plastics economy Reckitt Benckiser (RB) and Veolia have today announced their partnership to drive the shift to a circular plastics economy. The partnership with Veolia is another step RB is taking to fulfil its pledge to make 100 percent of its plastic packaging recyclable and to contain at least 25 percent recycled content by 2025. Veolia and RB started working together two years ago to work on increasing the use of postconsumer recycled plastic in RB’s packaging. The first offering from the partnership is the new packaging for Finish Quantum. The packaging now contains 30% recycled plastic and is proudly grey in colour because RB has decided not to add masking pigments or additives to the packaging. The companies will continue their collaboration on designing for recyclability and the maximization of post-consumer recycled content. To accelerate the circular plastics economy, a team of 20 experts from RB and Veolia are also working to develop enhanced collection systems, driving behaviour change to aid consumer sorting habits and improving recycling from households. “The partnership between Veolia and RB Hygiene Home brings together our complementary capabilities to drive ​ a positive contribution to the circular economy. We have just started the journey by increasing recycled content and improving recyclability and are excited about the wider opportunities across our value chains”, says Fabrice ​ Beaulieu, EVP Marketing, R&D and Sustainability for RB Hygiene Home. “We are delighted to be collaborating with RB on this ongoing strategy to reduce their environmental footprint. ​ We are working hand-in-hand with RB to develop packaging with greater recycled content and improved recyclability for the RB group’s consumers,” says Antoine Frérot, Chairman and CEO of Veolia.
    [Show full text]
  • PENSIONER LEADS the WAY on £100M CSE PROJECT
    eckitt Benckiser (formerly Reckitt & C sioners of the R olman) Pensio i for pen n Fund No. 63, August 2015 PENSIONER LEADS THE WAY In this issue ON £100m CSE PROJECT One of our pensioners has led the way into the company’s biggest-ever project by making sure your heritage is safely stored and, following a surprise revelation from the final planning approval of the £100m Centre of Scientific Excellence, has shown the way for the temporary relocation of 500 Dansom Lane staff to a new three-storey office block. Gordon Stephenson, who retired as head of the Business Intelligence Unit 20 years ago and set up the Norwich marked The 75th Heritage Department for Group anniversary of the July Communications shortly afterwards, 1940 raid which killed five is pictured (left) as the first of the Colman’s workers on Carrow relocators. Hill. See P6. Together with former Shoecare Keeping up the 100 executive Steve West (right) Gordon has overseen the year old tradition transfer of the precious Heritage Lorraine Mugleston, new pensioner visitor archive to a unit in for the Derby area, had the ideal training the Shine business for the role. park on the corner Disprin’s Lorraine (nee Scattergood) joined the of Dansom Lane original company as a secretary in 1971 but moved and St. Mark Street. into Personnel (as In his progress report on page four ‘lioness’ Human Resources of this issue, Pension Trustee Neale used to be called) Harrison shows the design and car as a Personnel park location of the newly revealed The England Women’s team’s temporary office block for the main Assistant in 1977 performance in the World Cup relocation of staff.
    [Show full text]
  • Rb-Annual-Report-2012.Pdf
    Reckitt Benckiser Group plc Reckitt Benckiser Group Healthier Happier Annual Report and Financial Statements 2012 Stronger Reckitt Benckiser Group plc Annual Report and Financial Statements 2012 Contents 1 Chairman’s Statement 2 Chief Executive’s Statement 10 Business Review 2012 18 Board of Directors and Executive Committee 19 Report of the Directors 22 Chairman’s Statement on Corporate Governance 24 Corporate Governance Report 30 Statement of Directors’ Responsibilities 31 Directors’ Remuneration Report 38 Independent Auditors’ Report to the members of Reckitt Benckiser Group plc 39 Group income statement 39 Group statement of comprehensive income 40 Group balance sheet 41 Group statement of changes in equity 42 Group cash flow statement 43 Notes to the financial statements 75 Five-year summary 76 Parent Company – Independent Auditors’ Report to the members of Reckitt Benckiser Group plc 77 Parent Company balance sheet 78 Notes to the Parent Company financial statements 84 Shareholder information Chairman’s Statement largest consumer health care category in The Board conducted its regular reviews the world with the acquisition of Schiff of the Company’s brands, geographic area Nutrition International, Inc. (Schiff) and and functional performance together with its leading US brands in the vitamins, detailed reviews of its human resources. minerals and supplements market. There The Board also completed its annual were also a few disposals of non core assessment of corporate governance assets. Net debt at the end of 2012, after including Board performance, corporate paying for dividends, net acquisitions and responsibility, and reputational and organisation restructuring, stood at business risk. £2,426m (2011: £1,795m). AGM Resolutions Your Board proposes an increase in the final The resolutions, which will be voted dividend of +11%, taking it to 78p per upon at our AGM of 2 May 2013 are share, and bringing the total dividend for fully explained in the Notice of Meeting.
    [Show full text]
  • RB Acquires Queen V
    RB Acquires Queen V An insurgent consumer loved brand in $7Bln+ female intimate hygiene category, re- enforcing commitment to Sexual Wellbeing growth, de-stigmatization and development. London, January 20, 2021 – RB today announces that it has acquired Queen V, a feminine wellness brand established in the US, focused on vaginal health. Founded in 2018 in California, Queen V takes a unique and inclusive approach to vaginal health with its commitment to make feminine wellness more accessible and empower women to take control of their bodies. The acquisition of the Queen V brand is demonstrative of RB’s commitment to innovative, purpose-driven brands that consumers love and is in line with the strategy to play in new spaces and adjacencies. Queen V will be part of RB’s Health Global Business Unit, alongside leading sexual wellbeing brands, KY and Durex. “Queen V is a fantastic purpose-driven brand with products that appeal to the needs of our diverse and evolving customer base. This innovative brand has the potential to enhance wellness and make a positive difference to many consumers’ daily lives. Working together with the Queen V team, we are committed to the shared mission of de-stigmatization, focusing on women’s needs and vagina-positivity” said Olga Osminkina-Jones, Global Senior Vice President of Sexual Wellbeing at RB. For further information, please contact: [email protected] / [email protected] About RB RB* is driven by its purpose to protect, heal and nurture in a relentless pursuit of a cleaner, healthier world. We fight to make access to the highest-quality hygiene, wellness and nourishment a right, not a privilege, for everyone.
    [Show full text]
  • Sexing Capitalism: Condoms and Industrial Change Peter Chua, San Jose State University
    San Jose State University From the SelectedWorks of Peter Chua August, 2004 Sexing Capitalism: Condoms And Industrial Change Peter Chua, San Jose State University Available at: https://works.bepress.com/peter_chua/17/ Sexing Capitalism: Condoms And Industrial Change Peter Chua Department of Sociology San José State University [email protected] Paper Submitted for the 2003 99th Annual Meeting of the American Sociological Association, San Francisco, CA Sexing Capitalism: Condoms And Industrial Change Abstract In the late 1700s, condoms were luxury items for the affluent in Western Europe, but by the 1970s, the US government gave free condoms out to poor women in Third World areas. Moreover condom availability has increased dramatically since the global emergence of the AIDS pandemic in the 1980s, adding to the already fervent social stigmatization and political contentions on morality, sexuality, and wellbeing that condom use brings. This paper focuses on the strategically joint-relationship between manufacturing firms and governments to foster distinct profit-oriented condom social relations and moral-symbolic regimes of sexual cultures. Proposing a sex-situated theory of capitalist firms, the paper examines the crucial social aspect of condom production, focusing on the changes in the condom manufacturing industry from its initial colonial- “warfare” period (1880s-1930s), its period of massive welfare-state expansion (1940s- 1970s), and its recent neoliberal consolidation (1980s-2000s). Keywords Capitalist Institutions, Sexual Cultures, Condom Commodities; Social Aspects of Production; Economic Neoliberalism Sexing Capitalism: Condoms And Industrial Change In the late 1700s, condoms were luxury items for the affluent in Western Europe, but by the 1970s, the US government gave free condoms out to poor women in Third World areas.
    [Show full text]
  • RB Full Year 2017 Results Presentation
    RB Full Year 2017 Results Presentation 191919 ththth February 2018 Disclaimer Cautionary note concerning forwardforward----lookinglooking statements This presentation contains statements with respect to the financial condition, results of operations and business of RB (the “Group”) and certain of the plans and objectives of the Group that are forward-looking statements. Words such as ‘‘intends’, ‘targets’, or the negative of these terms and other similar expressions of future performance or results, and their negatives, are intended to identify such forward-looking statements. In particular, all statements that express forecasts, expectations and projections with respect to future matters, including targets for net revenue, operating margin and cost efficiency, are forward-looking statements. Such statements are not historical facts, nor are they guarantees of future performance. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including many factors outside the Group’s control. Among other risks and uncertainties, the material or principal factors which could cause actual results to differ materially are: the general economic, business, political and social conditions in the key markets in which the Group operates; the ability of the Group to manage regulatory, tax and legal matters, including changes thereto; the reliability of the Group’s technological infrastructure or that of third parties on which the Group relies; interruptions in the Group’s supply chain and disruptions to its production facilities; the reputation of the Group’s global brands; and the recruitment and retention of key management.
    [Show full text]
  • Durex in India: the Category Normalisation Challenge
    IIMC-CRC-2015-09 IIMC CASE RESEARCH CENTRE (IIMCCRC) PRASHANT MISHRA, TINU JAIN MARCH 2014 DUREX IN INDIA: THE CATEGORY NORMALISATION CHALLENGE THE ORIGIN Reckitt Benckiser, a British multinational consumer goods company, has brands like Dettol (the world's largest-selling antiseptic), Strepsils (the world's largest-selling sore throat medicine), Veet (the world's largest-selling depilatory brand), Air Wick (the world's second- largest-selling air freshener), Calgon, Clearasil, Cillit Bang, Durex, Lysol, and Vanish in its portfolio among many others. The company entered into the contraceptive market acquiring Durex brand globally and had started to run that business since Nov’12. Durex has been making highest quality condoms for nearly 80 years. With over 30% of the global branded condom market, it is the number 1 condom brand in the world. However despite dominant market position globally, the brand has the challenge to change the perception of Indian consumers and channel partners regarding sexual well-being (male contraceptive) to normalise the category and drive growth. The current market share of Durex is around 4%1 in India, a market which is underdeveloped compared to other markets regarding the category size and growth. The brand team acknowledges that there is a lot to be done to make the brand a formidable player in the sexual well-being (male contraceptive) category. A recent study commissioned by the Durex brand marketing team has thrown up some interesting facts about the category dynamics and challenges in marketing condom in India. While pondering over the results, the team was clear about one thing, that to play 1 Source: Brand Marketing Team Survey This case was written by Professor Prashant Mishra and Tinu Jain at the Indian Institute of Management Calcutta.
    [Show full text]
  • Project Flower
    FOR IMMEDIATE RELEASE Reckitt Benckiser Group plc Recommended acquisition of Mead Johnson Nutrition Company by Reckitt Benckiser Group plc Expected completion date of acquisition 12th June 2017, Slough UK, Reckitt Benckiser Group plc (“RB”) is pleased to announce that the final regulatory approval has now been received in connection with the recommended acquisition of Mead Johnson Nutrition Company by RB. Completion of this acquisition is expected to occur on June 15th 2017. About RB: RB* is the world’s leading consumer health and hygiene company. The company has operations in over 60 countries, with headquarters in London, Dubai and Amsterdam, and sales in most countries across the globe. The company employs approximately 37,000 people worldwide. Led by a purpose of providing innovative solutions for healthier lives and happier homes, RB is amongst the top 10 companies listed on the London Stock Exchange. It is the global No 1 or No 2 in the majority of its fast-growing categories, driven by an exceptional focus on innovation. RB’s Health, Hygiene and Home portfolio is led by its global Powerbrands including Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Air Wick, Woolite and French’s. Powerbrands represent 80% of RB’s net revenue. RB is redefining the world of consumer health and hygiene. Its people and unique culture are at the heart of its success. It has a drive for achievement and a passion to outperform wherever it focuses, including sustainability where it is targeting a 1/3 reduction in water impact, a 1/3 reduction in carbon and 1/3 of net revenue from more sustainable products.
    [Show full text]
  • Betterbusiness Betterfinancials How We Drive Growth and Outperformance
    Reckitt Benckiser Group plc Annual Report and Financial2015 Statements betterbusiness 2015 Reckitt Benckiser Group plc (RB) Annual Report and Financial Statements We make a difference to people’s lives through a trusted portfolio of brands, across consumer health, hygiene and home. Our vision Our purpose A world where people are To make a difference, by healthier and live better. giving people innovative solutions for healthier lives and happier homes. Our strategy betterbusiness betterfinancials How we drive growth and outperformance Chief Executive’s Review on pages 8–9 bettersociety betterenvironment How we support How we reduce our communities and our environmental develop our people impact Strategic framework on pages 12–13 Contents Strategic Report bettersociety Governance Report 1 Highlights 24 – Workplace 46 Board of Directors 2 At a glance 26 – Communities 50 Executive Committee 4 Chairman’s Statement 26 – Products 52 Chairman’s Statement on 7 Reasons why RB delivers betterenvironment Corporate Governance 8 Chief Executive’s Review 27 – Greenhouse gas emissions 54 Corporate Governance Statement 10 Our unique culture 28 – Water 60 Nomination Committee Report 12 Strategic framework 28 – Waste 61 Audit Committee Report 14 Our market and resources 29 – Sourcing 66 Directors’ Remuneration Report betterfinancials 30 Our operating model 68 Our remuneration at a glance 16 – Our strategy to deliver 32 Our operating model in action 70 Annual Report on Remuneration 17 – Organisation 34 Creating stakeholder value 79 Directors’ Remuneration Policy 19 – Powermarkets 36 Financial Review 85 Report of the Directors 20 – Powerbrands 40 Strategic Risks 88 Directors’ Statement of Responsibilities 22 – Virtuous earnings model Financial Statements 89 Financial Statements Any information contained in the 2015 Annual Report and Financial Statements on the price at which shares or other securities in Reckitt Benckiser Group plc have been bought or sold in the past, or on the yield on such shares or other securities, should not be relied upon as a guide to future performance.
    [Show full text]
  • Sustainable Chemicals Management: Tools and Trends
    Sustainable Chemicals Management: Tools and Trends November 18, 2015 Today’s topics and speakers Cheryl Baldwin VP of Consulting Pure Strategies Jennifer Duran Global Head of Sustainable Better Ingredients Case Study Innovation RB Bob Kerr Chemicals Management Software Co-Founder & Principal Review Pure Strategies Tim Greiner The Chemical Footprint Project & Co-Founder & Managing Director Market Trends Pure Strategies 2 Key session logistics • All attendees in listen-only mode • Use chat window for questions – during and after presentations • Some attendee-response questions – respond in chat window • Webinar is being recorded • Recorded webinar and slides-only version at www.purestrategies.com shortly after webinar 3 Pure Strategies overview • Founded 1998 – 17 years providing sustainability expertise to leading companies. • Deep experience working with: ◦ Sustainability leaders and those at earlier stages of sustainability pathway ◦ Iconic brands and less widely known companies ◦ Mix of B2C and B2B companies ◦ Food & beverage ◦ Consumer products ◦ Retail ◦ Life sciences www.purestrategies.com 4 Pure Strategies areas of expertise 5 Partial client list Today’s topics and speakers Cheryl Baldwin VP of Consulting Pure Strategies Jennifer Duran Global Head of Sustainable Better Ingredients Case Study Innovation RB Bob Kerr Chemicals Management Software Co-Founder & Principal Review Pure Strategies Tim Greiner The Chemical Footprint Project & Co-Founder & Managing Director Market Trends Pure Strategies 7 Sustainable Chemicals Management • Addressing chemicals of concern • Improving health and • Evaluating and verifying environmental profile composition • Enhancing transparency and collaboration 8 Sustainable Chemicals Management Why are companies enhancing the safety and transparency of chemicals and materials in their products and supply chains? A. Meet regulatory requirements B.
    [Show full text]
  • Rejuvenating RB Plc Group Benckiser Reckitt Annual Report and Financial Statements 2019 Statements Financial and Report Annual
    Rejuvenating RB Reckitt Benckiser Group plc Annual Report and FinancialStatements 2019 Reckitt Benckiser Group plc Annual Report and Financial Statements 20192018 INTRODUCTION CONTENTS Strategic Report Welcome 01 Financial highlights 02 Health and Hygiene Home – at a glance 04 Chairman’s statement 06 Chief Executive’s statement 10 Our business model Our purpose 12 How purpose drives our performance We exist to protect, heal and nurture in the relentless pursuit of a cleaner 14 Mapping what matters to our stakeholders and healthier world. 18 KPIs 20 Consumers Our fight 24 Customers We have a fight on our hands. A fight to make access to the highest quality 28 People hygiene, wellness and nourishment a right and not a privilege. 32 Partners 36 Communities 40 Environment 46 s172 statement 48 Health operating review 52 Hygiene Home operating review 56 Non-financial information statement 58 Financial review 64 Risk management Health 77 Viability statement Governance 78 Board of Directors 84 Executive Committee 86 Corporate Governance – Chairman’s statement 88 Corporate Governance statement 97 Nomination Committee Report 103 Audit Committee Report 111 CRSEC Committee Report 117 Directors’ Remuneration Report 138 Report of the Directors Page 48 141 Statement of Directors’ Responsibilities Financial Statements 143 Independent Auditors Report Chief Executive’s Statement 152 Financial Statements 223 Shareholder Information Hygiene Home Page 06 Page 52 STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS FINANCIAL HIGHLIGHTS Net Revenue Health Hygiene
    [Show full text]