Founded in 1883, Viña Concha y Toro is Latin America’s leading producer and occupies an outstanding position among the world’s most important wine companies, currently exporting to 140 countries worldwide. Uniquely, it owns around 11,300 hectares of prime vineyards in Chile, Argentina and United States.


Viña Concha y Toro aims to be a leading global wine company, consumer-centric with a focus on developing premium wine brands.


To achieve its vision, Viña Concha y Toro has committed to concrete actions:

  • Produce wines with the highest quality standards in the industry worldwide.
  • Provide safe products to our customers, maintaining and monitoring safety systems, and complying with legal requirements in Chile and the markets to which we export.
  • Understand the current and future needs of our customers, constantly striving to meet and exceed their expectations.
  • Manage and continuously improve business relationships with our customers, suppliers and producers, as well as their operations and systems at all stages of production, distribution and sale.
  • To create and promote a healthy relationship with wine consumption, based on informed, responsible and moderate consumption that is restricted in cases that represent a risk to personal health or society.
  • Work with special care and respect for the environment, managing resources sustainably and in a socially equitable manner with our employees and the community to which we belong.
  • Provide employment opportunities to our current and potential employees, without discrimination and under equal conditions.
  • Promote employees’ commitment in a constructive atmosphere, and contribute to their professional development through trainings that promotes learning knowledge and skills aimed at maximizing their performance.
  • Foster an inspiring, enriching and rewarding workplace, enhancing the professional development of each of Viña Concha y Toro’s employees, protecting their health and physical integrity, in a safe environment.


Don Melchor Concha y Toro, outstanding Chilean politician and businessman, founds Viña Concha y Toro.


The company is constituted as a corporation and broadens its bylaws to wine production in general.


Its shares to be traded on the Santiago Stock Exchange, and the company makes its first export.


Eduardo Guilisasti Tagle joins the Board of Directors. During his management, he laid the foundation for the company’s expansion.


Casillero del Diablo marks the beginning of the production of more complex wines.


Acquisition of Viña Maipo.


Launch of the first vintage of Don Melchor, the first ultra- premium wine in the Chilean industry.


Period of strong expansion for Concha y Toro. During the ‘90s, Viña Concha y Toro initiated an extensive land purchasing and vineyard planting program, thanks to which it is now the Chilean winery with the greatest diversity in terms of vineyards, valleys and grape varieties.


Creation of Viña Cono Sur.


Concha y Toro is the first winery in the world to trade its shares on the New York Stock Exchange.


Fundation of Trivento Bodegas y Viñedos, in Argentina.


Signing of the joint venture agreement with the French winery Baron Philippe de Rothschild to produce Almaviva.


The first distribution subsidiary outside of Chile is created: Concha y Toro UK.


The company seals a strategic partnership with the English soccer club Manchester United.


Creation of Viña Maipo subsidiary.


Acquisition of Fetzer Vineyards, in California, USA, a pioneer winery in sustainable practices.


Concha y Toro is chosen Most Admired Wine Brand in the World, Drinks International.


Viña Concha y Toro receives Carbon Neutral certification.


Concha y Toro obtains the Sustainability Certification granted by Wines of Chile.


Inauguration of the Center for Research and Innovation (CRI).


Viña Concha y Toro forms part of the Dow Jones Sustainability Chile Index, the Santiago Stock Exchange´s first sustainability index.

Concha y Toro is selected as the World´s Most Powerful Wine Brand by Intangible Business.


Bonterra, a subsidiary of Fetzer Vineyards, is named American Winery of the Year by Wine Enthusiast.

Viña Concha y Toro is the most highly evaluated company in the RepTrak Chile corporate reputation ranking.


Named Leading Company in Sustainability in Chile by British magazine The European, as part of its Global ESG Leaders Awards.

Viña Concha y Toro enters the top 10 of the global Dow Jones Sustainability Index Beverages Category.


Viña Concha y Toro is the first wine company in the world to set greenhouse gas emission reduction goals under the Science Based Targets initiative.


First wine company in the world to certify its forest assets under FSC® Ecosystem Services standards for conservation purposes.


Viña Concha y Toro joins the community of B Corporations which brings together companies from all over the world that aim to generate a positive impact in their environmental management, governance and social performance.

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Corporate Governance Practices (Only in Spanish)


The Company’s Corporate Governance is subject to its Bylaws and is governed by the General Corporation Law. The Board of Directors consists of a group of professionals and entrepreneurs with extensive experience and prestige in the industry. The Board of Directors has two independent directors, one elected by the AFP, who share their professional expertise.

On the other hand, the role of the controlling group stands out. With 41.3% of the property, it has a long-term vision and a focus on the wine industry. This strategy has been the key to carry out Concha y Toro’s plans for growth and investment, giving the company stability and long-term vision and positioning Viña Concha y Toro as a leader, both in domestic and global markets.

Also noteworthy is the contribution of the various committees, especially the Directors’ Committee, which analyzes in depth the financial highlights of the Company, the strategic risks and their mitigation.

The Board of Directors of Viña Concha y Toro SA has approved several documents designed to ensure appropriate Corporate Governance, such as:

  1. Corporate Governance Code
  2. Related Transactions protocol
  3. Code of Ethics and Conduct
  4. Induction Procedure for Directors
  5. Recruitment policy for advisers
  6. Policy of nomination and election of Directors

Employees, suppliers, shareholders, customers, and disinterested parties have a whistle blower that allows anonymous and confidential complaints regarding issues of interest to the Company and its stakeholders.

Each year the Board of Directors, along with the CEO, discuss new ways for implementing improvements in its performance.

Directors Committee

As of December 31, 2017, Viña Concha y Toro’s Directors Committee was composed of the following directors: Jorge Desormeaux Jiménez (Chairman), Rafael Guilisasti Gana and Rafael Marín Jordán.

All committee members were elected at the extraordinary board meeting held on April 27, 2017. In accordance with the provisions of Article No. 50 bis of Law No. 18,046, as amended by Law No. 20,382, of October 20, 2009, and Circular No. 560 of the former SVS, now the CMF, of December 22, 2009, Mr. Jorge Desormeaux Jiménez signed the sworn statement as independent director.

At the same meeting, on April 27, 2017, in order to comply with the aforementioned legal provisions, Mr. Jorge Desormeaux Jiménez, independent director, agreed to appoint the directors Mr. Rafael Guilisasti Gana and Mr. Rafael Marín Jordán as the second and third members of the Directors Committee respectively.

The Directors Committee met 14 times in 2017 to discuss all matters required by Article No. 50 bis of the Corporations Law. In particular, it reviewed the transactions governed by Article No. 146 and subsequent of Law No. 18,046, ensuring that they contributed to the company’s interests, and were in line with market conditions with regard to price, terms and conditions at the moment in which they were approved. The details of transactions approved by the Committee can be found in Note No. 9 of the company’s Consolidated Financial Statements.

Directors Committee Annual Management Report

The main activities carried out by the Directors Committee during 2017 include the following:

  • Review of the external auditors’ annual and quarterly reports, the balance sheet and other financial statements presented by the company’s management.
  • Evaluation and proposal of external auditors and ratings agencies to the Board of Directors, which were recommended at the respective Annual General Meeting.
  • The Committee reviewed and approved the information regarding transactions referred to by Section XVI of Law No. 18,046. The details of these transactions is contained in the notes of the Consolidated Financial Statements included in this report, especially those related to the purchase and sale of grapes and wine.
  • Review of remuneration systems and compensation plans for the company’s senior executives.
  • Review and approval of the company’s 20-F Report.
  • Study of the internal audit reports and compliance with the annual audit plan prepared by the company’s Chief Audit Executive.

Remuneration of the Directors Committee

Remuneration for each member of the Directors Committee equivalent to one third of remuneration for Directors was approved at the Annual General Meeting. An annual operating budget for this Committee of Ch$60 million was approved at the Annual General Meeting. During 2017, the Committee hired external consultancy services related to the assessment of transactions with related parties, evaluation of the purchase of grapes and wines from third parties, and internal control, with an annual expenditure of UF 350.

Audit Committee

In compliance with the US Sarbanes-Oxley Act (2002), in its meeting held on April 27, 2017, the Board of Directors appointed from among its members those that would form part of the Audit Committee required by said legislation, electing the same directors that make up the Directors Committee required by Chilean law. In accordance with the aforementioned legislation, the director Mr. Rafael Guilisasti Gana sits on the Audit Committee with right to speak but not to vote. In view of the foregoing, he abstained from voting in each of the resolutions submitted to the Committee.

Ethical Framework and Ethics Committee

Ethical Framework

The company’s management is aware that its operation is a dynamic and high-impact process. As such, every year Viña Concha y Toro’s corporate governance is reviewed, and improvements are introduced which aim to ensure proper compliance management, in accordance with legal requirements and ensuring the pursuit of excellence and transparency throughout the operation. The company aims for all of its employees to work collaboratively and understand the importance of good corporate practices, thus establishing a culture of compliance.

Regulatory Framework

Within the framework of its agricultural, production and commercial activities, Viña Concha y Toro is subject to compliance with a broad range of legal and administrative regulations in Chile, in particular those related to the production, elaboration and marketing of alcoholic beverages. With regard to its exports, it must comply with foreign and international health regulations. To adjust its processes to these regulations, the company has the support of its customers, and adheres to international controls and certifications. code of ethics and conduct. On May 31, 2012, the Board of Directors approved a new text for the Code of Ethics and Conduct of Viña Concha y Toro S.A. and its subsidiaries. This Code summarizes the ethical and conduct principles and values that must govern the actions of directors, executives and employees of Viña Concha y Toro and its subsidiaries, without exception. For the company, it is essential that directors, executives and employees comply with the existing rules and regulations of the jurisdiction in which they operate in all stages of production, distribution and sale of products. Additionally, Viña Concha y Toro requires its directors, executives and employees to be aware of and fully commit to the company’s ethical values in the pursuit of excellence and transparency. The Code of Ethics and Conduct is available on the company’s website. In order for the Code of Ethics to be internalized by members of the company, during 2017, talks and training were provided to approximately 600 directors, executives and employees of Viña Concha y Toro and its subsidiaries primarily via e-learning modality.

Ethics Committee

On May 31, 2012, the Board of Directors approved the creation of an Ethics Committee whose main mission is to promote and regulate excellence in the personal and professional conduct of Viña Concha y Toro’s employees, consistent with the company’s principles and values. In fulfilling this mission, the special responsibilities of the Ethics Committee include the following:

  • Being aware of and resolving queries regarding the scope and applicability of the Code of Ethics and Conduct.
  • Being aware of anonymous complaints received by the company through the channel designed for this purpose.
  • Reporting such complaints to the Directors Committee.
  • Analyzing those complaints that fall within the scope of the Crime Prevention Model or are associated with the crimes outlined in Law No. 20,393.
  • Coordinating the investigations derived from such complaints; supporting the Crime Prevention Officer in the various control activities they carry out; and requesting reports from the Crime Prevention Officer when circumstances require.

Anonymous Complaints

Through its website, Viña Concha y Toro has implemented a simple and efficient anonymous reporting system. Complaints can also be received via email, according to the Anonymous Complaints Procedure introduced in 2015. In this way, employees, customers, suppliers, shareholders and third parties can make confidential complaints on issues relating to accounting, fraud, safeguarding of assets, audit or any other matters related to the company’s internal control.

The Ethics Committee is responsible for the resolution of anonymous complaints, and must keep a record of them. crime prevention model.

In order to prevent illegal activities such as money laundering, terrorism financing or bribery, on May 31, 2012, the company’s Board of Directors approved the Crime Prevention Model, consisting of a preventive and monitoring process through various control actions over processes or activities that are exposed to the commission of offenses under this law (money laundering, bribery of a domestic or foreign public official, and terrorism financing).

Manual for handing Information of Interest to the Market

Through self-regulation, the Manual seeks to establish rules for the handling of information that, without being material information, might be useful for proper financial analysis of Viña Concha y Toro and its subsidiaries, or the securities issued by them. This is understood to be all information of legal, economic or financial nature referring to relevant aspects of the progress of the corporate businesses or that might have a significant impact on them. The Board of Directors also agreed that the Manual should contain criteria for guiding the conduct of those it is addressed to when handling information and using it in relation to possible securities transactions, establishing their freedom to trade securities, except for blocked periods during which such trading is forbidden. This Manual is available on the company’s website.

Eduardo Guilisasti Gana

Chief Executive Officer

Osvaldo Solar Venegas

Corporate Administration And Finance Manager

Thomas Domeyko Cassel

Corporate Distribution Offices Manager

Cristián López Pascual

Corporate Export Manager

Tomás Larraín León

Corporate Negotiations And Operations Manager

Daniel Durán Urízar

Information Technology ManagerCivil Engineer

Cristóbal Goycoolea Nagel

Marketing Manager Global Brands

Isabel Guilisasti Gana

Marketing Manager Origin Wines

Ignacio Izcue Elgart

Export Manager Usa

Enrique Tirado Santelices

CEO Viña Don Melchor

Cecilia Cobos Zepeda

Human Resources Manager

Max Larraín León

Agricultural Manager

Marcelo Papa Cortesi

Technical Director

Sebastián Irarrázaval Weber

Operations And Supply Chain Manager