Britvic is committed to maintaining an uninterrupted supply of products to customers wherever possible. In order to achieve this goal we have rigorous continuity plans in place for appropriate critical procedures. Our systems are designed to mitigate risk, limiting the opportunity for problems arising through careful planning and investment in necessary preventative measures. Where business continuity is threatened by factors beyond our control, our management systems and reactive continuity plans are robust and flexible, ensuring continued supply to customers.
SEE (social, environmental, ethics) risk management
Britvic carries out risk assessments for each area of its business on at least a quarterly basis. This assessment is reviewed by the Executive Committee and by the Board on at least a semi-annual basis, enabling any necessary decisions on investment in preventative measures or development of further contingency plans to be made.
Following Britvic’s flotation in December 2005, a framework for risk management has been developed, defining the process for monitoring controls and managing risks within the Group. The framework includes:-
Any serious threat to business continuity initiates the ‘Crisis Management Team’. This is made up of a core team of individuals from key business functions supplemented by any additional experts relevant to the situation at hand. The Team controls each situation against a checklist set out in the ‘Crisis Manual’ and follows developed procedures.
Britvic invests in both preventative safety measures and reactive support services. These include:
Did you know that 5.3m shares in Britvic are held by employees, and that other major shareholders of Britvic Shares include AXA S.A, PepsiCo, and Legal & General Group plc.