The Hershey Company shared its ESG (environmental, social and governance) Report, highlighting the company’s goals and progress across its priority ESG areas including cocoa sustainability, environmental sustainability, responsible sourcing and human rights, employee well-being, and diversity, equity and inclusion (DEI).
Hershey’s holistic ESG strategy, known as its Shared Goodness Promise, guides the company to make a positive impact at scale and leverage its business to advance more sustainable growth with socially conscious and responsible business practices. This year’s report marks Hershey’s evolution from sustainability to ESG reporting, a reflection of the company’s continued progress integrating ESG priorities into business strategy and operations.
“Hershey has been an integral member of the communities in which we live and operate since our founding,” said Michele Buck, CEO, The Hershey Company. “The culture that Milton Hershey created propels us to build on that legacy as we focus our efforts on integrating the important environmental, social and governance priorities throughout our business. We’ve made meaningful advancements on our global commitments, including our efforts to improve cocoa sustainability and support cocoa-growing communities. We’ve also made significant progress reducing our emissions in line with our science-based targets and were named by Forbes as the World’s Top Female Friendly Company.”
Advancing progress on cocoa sustainability
Hershey’s Cocoa For Good Strategy aims to improve farmer livelihoods in cocoa-growing communities through a $500 million investment by 2030 that focuses on four key interconnected areas of impact: nourishing children, empowering youth, prospering communities and preserving ecosystems.