If the drinks industry is serious about self-regulation, then it must practice what it preaches.
Today’s Government study showing that only 15% of alcohol drinks on sale conform to a voluntary labelling scheme is pretty disappointing.
Go deeper with GlobalData
The industry is now, it seems, on a final warning over the scheme, which was set up between drinks trade bodies and the Government back in 2007.
Considering that most of the drinks industry is in favour of self-regulation when it comes to alcohol sales and promotions, it appears that more of its members need to pay attention to their own statements.
It is worth noting that research conducted by the Wine & Spirit Trade Association last year found higher levels of compliance with the labelling agreement than the Government’s study. The trade body also notes that big players continue to join up.
Even so, it urges more producers to do so.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataDespite a vehement public defence of self-regulation, nagging doubts have crept in among some in the industry in the last couple of years. It was, in part, this tacit acceptance about the failure of self-regulation in some areas that led to industry acquiescing to the Government’s demand for a mandatory code on alcohol sales.
Whether or not we will see legislation on labelling, remains to be seen.
A General Election looms in the UK and opinions polls suggest a change of Government.
