US confectionery giant Hershey has unveiled a package of environmental initiatives and commitments.

They include establishing a new environmental policy, signing the United Nations Global Compact (UNGC) and joining the Science Based Targets initiative.

In addition, Hershey is launching the Kakum Cocoa Agroforestry Landscape Program, focused on improving the well-being of cocoa farmers and their families.

Michele Buck, Hershey president and chief executive officer, said: “Together, these strategic environmental policies and initiatives will further strengthen how Hershey operates, creating a positive social impact from farm to finished product.”

The company’s new environmental policy supports the company’s sustainability strategy, called Our Shared Goodness Promise, and “creates a framework that will guide future business decisions that have an impact on the environment”.

It also aligns with the Paris Climate Agreement and supports the UN’s sustainable development goals. 

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By GlobalData

The United Nations Global Compact (UNGC), which Hershey has joined, is a voluntary initiative that encourages businesses from around the world to adopt sustainable and socially responsible policies and to report on their implementation. 

The compact is based on a commitment to implement universal sustainability principles.