West Indian Tobacco : 17 Mar 2022 – The West Indian Tobacco Company Limited – Annual Report 2021
March 17, 2022 at 06:21 pm IST
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O U R M I S S I O N
To sustain our market leadership in Trinidad and Tobago and to be the number one manufacturing centre in the Caribbean.
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OUR BUSINESS PRINCIPLES
Our Business Principles cover the key issues that we believe underpin Corporate Social Responsibility (CSR) for the unique characteristics of a tobacco business. Together, the three principles below form the basis on which we expect our business to be run in terms of responsibility.
The Principle of Mutual Benefit
This Principle is the basis on which we build relationships with our stakeholders. We are primarily in business to build long-term shareholder value and we believe the best way to do this is to seek to understand and take account of the needs of all our stakeholders.
The Principle of Good Corporate Conduct
This Principle is the basis on which our business should be managed. Business success brings with it an obligation to high standards of behaviour and integrity in everything we do and wherever we operate. These standards should not be compromised for the sake of results.
The Principle of Responsible Product Stewardship
This Principle is the basis on which we meet consumer demand for a legal product that is generally accepted as a cause of serious diseases. Therefore, our products and brands should be developed, manufactured and marketed in a responsible manner.
2 THE WEST INDIAN TOBACCO COMPANY LIMITED ANNUAL REPORT 2021
OUR ETHOS
Our ETHOS forms the core of our culture and guides how we deliver our strategy.
We are BOLD
We dream big and share innovative ideas.
We make tough decisions quickly and are proudly held accountable for them.
We are resilient and fearless in beating the competition.
We are FAST
Speed matters. We set a clear direction and move fast.
We keep it simple and focus on outcomes. We learn quickly and share learnings.
We are EMPOWERED
We set the context for our teams and trust their expertise.
We challenge each other. Once in agreement, we commit collectively.
We collaborate and hold each other accountable to deliver.
We are DIVERSE
We value different perspectives.
We build on each other's ideas, knowledge and experiences.
We challenge ourselves to be open-minded and to recognise unconscious bias.
We are RESPONSIBLE
We take action to reduce the health impact of our business.
We ensure the best quality products for our consumers, the best place to work for our people and the best results for our shareholders.
We act with integrity, never compromising our standards and ethics.
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West Indian Tobacco Company Ltd. published this content on 17 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2022 12:50:00 UTC.
The West Indian Tobacco Company Limited is engaged in the manufacturing and sale of cigarettes. The Companyâs geographical segments are Domestic and CARICOM and Non-CARICOM. The Company is a single product business providing cigarettes. The Companyâs plant supplies over 26 brands in approximately 166 stock keeping units (SKUâs) both to the local Trinidad and Tobago market, and regionally to 16 CARICOM members and associate countries. These include Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname, Bermuda, British Virgin Islands, and the Cayman Islands. The Company distributes through third party distribution to approximately 7000 outlets around Trinidad and Tobago. Its local product portfolio is made up of three brands, Dunhill, Lucky Strike and Rothmans in 17 stock keeping units.