Bacardi 2014 Corporate Responsibility Report

January 23, 2015

Bermuda-headquartered Bacardi Limited, the world’s largest privately held spirits company, released their 2014 Corporate Responsibility [CR] Report – titled “Our Spirit is Clear” — which details the company’s various initiatives.

“We believe that with responsible management of both social and environmental impacts, Bacardi will be an even better and more sustainable business in the long term,” says Mike Dolan, chief executive officer of Bacardi Limited.

“We lead by example, building consumer confidence and trust. Our consumers can enjoy our top-quality spirits brands knowing Bacardi cares a great deal about our environment, suppliers, employees and the communities where we work.”

Bacardi Supports the Festival of the Performing Arts Limited

The report said, “The Festival of the Performing Arts Limited is an annual event to support and enable youth to develop appreciation for music, dance and theater. The outreach is aimed at inspiring children to participate in artistic pursuits and learn from experienced, world-renowned artists. The festival is made possible through corporate and individual donors. In fiscal 2014, Bacardi made a cash donation of US $45,660 to support the festival, and it was a great success. The festival 2013 season featured 24 performances, engaging 11 groups of artists who participated in 11 outreach programs involving 1,500 Bermuda students invited from all of the local schools”

National Trust Architectural Heritage Series Project

“Bacardi has been a continuous supporter of the Bermuda National Trust Architectural Heritage Series since 2007. In fiscal 2014 Bacardi donated US $10,000 for the publication of the series.”

Assistance For Higher-Education Degrees

“Since 2006, Bacardi has supported the Association of Bermuda International Companies [ABIC] Education Awards Scholarship, a program that provides financial assistance to Bermudian students pursuing higher education degrees [full undergraduate or post graduate] In fiscal 2014, Bacardi continued its long-time support to the scholarship fund by donating over US $18,000.

Helping the Bermuda Heart Foundation

“This year, Bacardi gave its second installment of a three year commitment to provide financial support [totaling US $150,000] for the Bermuda Heart Foundation’s operating expenses. The Bermuda Heart Foundation is the leader in heart healthy advocacy on the island. The goal is to reduce the number of heart-related deaths on the island by 25 percent within three years.”

Bacardi’s 2014 Corporate Responsibility Report follows below [PDF here]:

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