According to the Intergovernmental Panel on Climate Change, deforestation is a major contributor to global warming.
Ever since plants and fungi colonized the land 500 million years ago, forests have provided essential habitat for countless living creatures. For humans, forests initially represented shelter, sustenance, and protection. The moment we discovered that we could make fire, the value of forests transformed. When we learned how to clear forests to cultivate crops and feed our livestock, their value proposition changed again.
Mars, Inc. launched a new palm oil policy six months ago and recently released an update on its progress. The food manufacturer best known for its chocolate committed to developing a palm oil supply chain that is both sustainable and traceable by the end of this year.
Confectionery Leader Engages TFT to Help Trace its Palm Oil Supply Chain
HERSHEY, Pa., Sept. 24, 2014 /3BL Media/ – The Hershey Company (NYSE: HSY) today announced a new palm oil sourcing policy that updates and strengthens its commitment to source 100 percent traceable and responsible palm oil, a commitment the company announced in December 2013.
The COMMIT!Forum Issue Tables provide a relaxed setting for attendees to share their knowledge and insights on the most relevant corporate responsibility issues.
As an attendee, you can attend this unique, intimate setting to discuss, debate, and share knowledge on the below issues. Each table will be chaired by an issue expert who will help guide and facilitate the conversation.
Mars has just published its fourth annual Principles in Action Summary, which details how the company runs its huge business. And it makes for interesting reading.
This 100-year-old family-owned, family-run company has net sales of more than $33 billion. It has six business units (including chocolate, pet care and food and drink), 75,000 staff dotted in locations across the planet and a plethora of well-known brands (from Galaxy and Uncle Ben's to Sheba and Skittles). And it well understands its position in the world and wants to drive positive change at the intersections where it can make a big difference — not least in driving better practices in farms in the developing world.
Record-high number of shareholder resolutions filed in 2014 proxy season drive more aggressive action by top companies on climate-related issues
BOSTON, August 14, 2014 /3BL Media/ – In response to nearly 150 climate-related resolutions filed by institutional investors during the 2014 proxy season, 20 major international corporations have committed to set goals to reduce greenhouse gas (GHG) emissions or sustainably source palm oil –a leading driver of global deforestation, which causes nearly 20 percent of global greenhouse gas emissions according to the Environmental Protection Agency. An additional 45 corporate commitments were secured related to sustainability reporting, energy efficiency and carbon asset risk.
New York State Comptroller Thomas P. DiNapoli today announced that ConAgra Foods, Inc., one of the largest food manufacturers in the U.S., has committed to using only sustainably-sourced palm oil that is grown and harvested in ways that do not contribute to rainforest destruction.
As consumers become more aware of palm oil-related deforestation, these 10 top companies are leading the charge and making bold commitments to sustainable sourcing
Mars, Inc announced its committment in March to transition to 100% certified sustainable palm oil in its products by the end of 2014.
As consumers become more aware of palm oil-related deforestation, a select few companies are leading the charge and making bold commitments to sustainable sourcing. There’s still more work to be done, but this week we’re happy to give these 10 companies a well-deserved pat on the back.
Mars Inc. is upping the ante regarding the sustainable palm oil market.
The manufacturer of the popular chocolate candy bars Mars Bar, 3 Musketeers and Twix announced its commitment yesterday to transition to 100 percent certified sustainable palm oil in its products by the end of 2014.