{"id":11417,"date":"2023-04-26T15:44:01","date_gmt":"2023-04-26T14:44:01","guid":{"rendered":"https:\/\/cfi.co\/awards\/?p=11417"},"modified":"2023-04-26T15:44:49","modified_gmt":"2023-04-26T14:44:49","slug":"varun-beverages-ltd-best-fmcg-corporate-governance-india-2022","status":"publish","type":"post","link":"https:\/\/cfi.co\/awards\/asia-pacific\/2023\/varun-beverages-ltd-best-fmcg-corporate-governance-india-2022\/","title":{"rendered":"Varun Beverages Ltd: Best FMCG Corporate Governance India 2022"},"content":{"rendered":"<p style=\"text-align: center;\"><a href=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/06\/VarunBeverages.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7739\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/06\/VarunBeverages.jpg\" alt=\"VarunBeverages\" width=\"400\" height=\"352\" srcset=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/06\/VarunBeverages.jpg 400w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/06\/VarunBeverages-300x264.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">Varun Beverages Ltd (VBL) pursues ESG leadership as a way of life rather than an exercise in compliance. The company has been associated with PepsiCo for more than two and half decades, continuously expanding its product range, licensed territories, distribution network and ESG commitments.<\/p>\n<p style=\"text-align: justify;\">VBL is the leading PepsiCo franchisee in India, with a presence across 27 states and seven union territories. It has established 37 manufacturing plants across India \u2014 its principal market and home base \u2014 as well as Nepal, Sri Lanka, Morocco, Zambia and Zimbabwe. A strong governance structure unites all operations and employees behind VBL\u2019s commitment to good corporate citizenship. VBL provides refreshing beverages to billions of consumers through a sustainable ecosystem that creates positive impacts for the planet and people\u2019s well-being. The company has established a cross-functional ESG task force composed of executive leadership, advisors, independent directors and various department supervisors. It practices responsible water stewardship and waste management while consistently ramping up renewable energies and reducing carbon emissions. VBL is expanding existing ESG policies throughout its contractor and supplier network. It prioritises the health and safety of employees and manages human capital with a focus on diversity and skills building. CSR initiatives \u2014 which promote healthcare, education, environmental sustainability and rural development \u2014 are also being assessed for impacts by independent agencies.<\/p>\n<p style=\"text-align: justify;\">The CFI.co judging panel presents Varun Beverages \u2014 a repeat programme winner \u2014 with the 2022 award for Best FMCG Corporate Governance (India).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Varun Beverages Ltd (VBL) pursues ESG leadership as a way of life rather than an exercise in compliance. The company has been associated with PepsiCo for more than two and<\/p>\n","protected":false},"author":1,"featured_media":7740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3,12,23,53,14,30],"tags":[],"class_list":["post-11417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-best-practice","category-corporate-governance","category-front","category-industries","category-retail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.6 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Varun Beverages Ltd: Best FMCG Corporate Governance India 2022 - CFI.co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfi.co\/awards\/asia-pacific\/2023\/varun-beverages-ltd-best-fmcg-corporate-governance-india-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Varun Beverages Ltd: Best FMCG Corporate Governance India 2022\" \/>\n<meta property=\"og:description\" content=\"Varun Beverages Ltd (VBL) pursues ESG leadership as a way of life rather than an exercise in compliance. 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