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 USs decision to pull out of the Paris climate deal
..........
It is the latest climate move by the family owned firm, which emerged as a vocal critic of the US presidents 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 whats necessary. Were doing this because its the right thing to do but also because its 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