Hershey Makes Strides in its CSR Commitments
(3BL Media/Justmeans) – Some of the most admired companies in the world are pursuing sustainability goals that go far beyond the concern to manage their reputation. These companies are actively integrating sustainability into every aspect of their business to make a lasting impact.
The Hershey Company has released its latest Corporate Social Responsibility (CSR) report – titled “Shared Goodness” – showcasing progress made in 2015 against a broad range of priority issues. The company is strongly building upon its commitment to responsible sourcing, ingredient transparency, employee and community development, and environmental sustainability.
Hershey announced early last year that it would use simpler, more familiar ingredients in its food products. Its iconic, re-formulated chocolate bars contain no artificial flavors and have a simpler label. Hershey has become the first company to adopt the “SmartLabel” technology that allows consumers to scan a product with a mobile device and instantly receive detailed ingredient, allergen, calorie and nutritional information.
Hershey met its 2016 goal to source 50 percent of its cocoa from farms certified to be operating sustainably. By 2017, at least 75 percent of its cocoa will be certified and sustainable. This sourcing commitment complements its efforts across West African cocoa- growing regions to improve the livelihoods of farmers and strengthen farming communities.
During 2015, Hershey aligned social innovation with business objectives and created the Nourishing Minds program, which serves as the company’s shared social purpose. Through this global program, Hershey is providing children the basic nutrition they need to learn and grow. The program offers a variety of volunteer opportunities for the company’s employees to make a difference in its local communities. The program has a goal to nourish one million minds by 2020.
Diversity and Inclusion
In 2015, Hershey achieved a 100 percent rating on the Human Rights Campaign Corporate Equality Index and was listed as one of America’s Best Employers by Forbes. Women make up 45 percent of the company’s U.S. workforce. The company increased leadership roles held by minority employees at the Director level and above to 18.5 percent of U.S.-based employees. The company has established a goal to become an industry leader in diversity and inclusion by 2020.
Environment, Health and Safety
Hershey formally combined its environmental, health and safety departments into a single department in 2015 to create greater efficiency, accountability and collaboration between these functions. During the year, the company also signed the White House American Business Act on Climate Pledge and announced ambitious new 2025 environmental goals, from greenhouse gas to water to waste, to replace goals previously set for 2017.
According to John P. Bilbrey, Chairman of the Board, President and CEO of Hershey, the company is confident that its efforts will continue to increase in quality and importance, creating value for the company’s business and helping it make a more positive impact on the world.
Source: 3BL Media