At Marico, all activities are led by a sense of responsibility, underpinned by our principles of good governance. Throughout our decade of action(2020-2030), we continue to imbibe the philosophy and principles related to human rights and ethics amongst our entire stakeholder ecosystem (members, value chain partners and business associates).

The Company believes that Corporate Governance is also about what the Board does and how it sets values of the Company and drives the Company’s business with these principles. The Board continue to exhibit an unwavering commitment to the Company’s mission to drive growth and innovation, while upholding the highest standards of corporate governance.

Risk management is integral to Marico’s strategy. We always take a proactive approach to look at our exposure to risks across various categories and strengthen the existing risk-management framework and chalk out a comprehensive mitigation plan for the identified risks. Risk Management Committee assist the Board in monitoring and reviewing the risk management plan, implementation of the risk management framework of the Company, including cyber security.

Mandatory trainings, knowledge management sessions and periodic evaluations are undertaken at regular intervals to track performance, preparedness, risks, and opportunities related to human rights and business ethics across organizational hierarchy. All Marico employees are certified for Code of Conduct (MCoC) and 100% of our critical suppliers have been sensitized on Marico Code of Business Ethics (MCoBE).