Mars commits to its ‘Sustainable in a Generation’ strategy
Mars has announced that it is changing its approach to sustainability one year on from outlining its ‘Sustainable in a Generation’ plan.
The company has announced that its actions are multifaceted. It stated that it is investing $1 billion over the next few years to accelerate progress against urgent threats to sustainability, and will initially focus on its sourcing strategies for 10 key ingredients where the impact is greatest, including cocoa, fish, rice, and mint.
Mars also said that it will deepen collaboration with industry and NGO partnerships, and will seek out new collaborative relationships to further its commitment to sustainability.
Grant Reid, CEO of Mars, said: “I am deeply invested in our plan to change the trajectory around how we do business. We continue to see a range of issues facing our global community – including climate change, poverty, obesity and water stress. Incremental improvement will not be enough. We must take action together. Mars has committed to working with governments, NGOs and industry leadership groups, like the Consumer Goods Forum, to make measurable differences – and to create a healthy planet on which all people can thrive.
“Collaboration is critical if we are to accelerate how we address the challenges facing us today.”
As sustainability is a rising concern for many consumers, this will come as comforting news to much of Mars’ consumer base.
Related news
Sustainable packaging: focus on recycling and the circular economy
Packaging is a key element of the supply chain, where…
Read more >DRS System in Hungary: Tips for Successful Returns
On January 1, 2024, Hungary launched the DRS (Deposit Return…
Read more >Germany’s Kaufland partners with start-up to offer more sustainable coffee
Kaufland is working with start-up Cotierra to offer more sustainably…
Read more >Related news
A new chapter has opened in the history of Pizza Hut: The restaurant chain can be renewed based on the Hungarian model
On September 12, the ribbon was cut on Pizza Hut’s…
Read more >150 million bottles, jars and aluminum cans have already been returned in Lidl stores
Lidl Hungary has reached a milestone in its new return…
Read more >Style rethought – Hungaria sparkling wine has been renewed!
Hungaria, one of Hungary’s most popular bottle-fermented sparkling wine brands,…
Read more >