Candy manufacturer Mars is one of a number of US firms, including Walmart Stores Inc. and Apple Inc, that have committed to curbing climate change. Mars is aiming to cut greenhouse Gas emissions and address other sustainability issues across its supply chain in a bid to help meet goals from the Paris climate agreement.
Some companies have reaffirmed their commitment to battle climate change in recent months, after President Donald Trump said in June the United States would withdraw from the Paris climate agreement. The firm plans to spend $1 billion as it expands its sustainability goals beyond previously announced targets to cut its own greenhouse gas emissions by 40% by 2020 and 67% by 2050.
Mars has been sequencing genomes for crops like cocoa to make the plants more productive and has begun to have conversations with suppliers including mint Oil manufacturers on potentially transitioning to renewable energy, said Andy Pharoah, Mars Vice President of Corporate Affairs. The company already uses renewable energy to power its operations in US and UK markets.