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kpete

(71,957 posts)
Wed Sep 6, 2017, 12:30 PM Sep 2017

Mars counters Trump's climate stance with $1bn sustainability plan

Mars counters Trump's climate stance with $1bn sustainability plan
Confectionery firm also launches M&Ms renewable energy campaign as part of a growing corporate backlash against the US’s decision to pull out of the Paris climate deal


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It is the latest climate move by the family owned firm, which emerged as a vocal critic of the US president’s decision to pull out of the 2015 climate pact, saying it was “disappointed” with the withdrawal and stressing that corporations could not go it alone when it came to tackling climate change.

Mars is now rolling out a $1bn (£771m) investment to help cut greenhouse gas emissions across its value chain by 67% by 2050, run a poverty reduction and sustainability programme for farmers and suppliers, and ramp up food safety and security efforts.

Chief executive Grant F Reid said: “This plan is about not just doing better, but doing what’s necessary. We’re doing this because it’s the right thing to do but also because it’s good business.

“We expect to have a competitive advantage from a more resource-efficient supply chain, and from ensuring that everyone in our supply chain is doing well.”



MORE:
https://www.theguardian.com/environment/2017/sep/06/mars-counters-trumps-climate-stance-with-1bn-sustainability-plan

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Mars counters Trump's climate stance with $1bn sustainability plan (Original Post) kpete Sep 2017 OP
Darn wryter2000 Sep 2017 #1
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