Mars to invest $1bn in sustainability

Mars is to invest $1 billion in a sustainability plan that tackles global issues.

The world’s largest chocolate producer’s ‘Sustainable in a Generation Plan’ focuses on areas where it can impact change on some of the world’s biggest problems, using the UN’s Sustainable Development Goals.

The plan focuses on three ambitions: healthy planet, thriving people and nourishing wellbeing and it will aim to reduce greenhouse gas emissions across its value chain by 67 per cent by 2050.

Chief executive Grant Reid said: “If we are to help deliver on the targets agreed in Paris and the UN Sustainable Development Goals, there has to be a huge step change. While many companies have been working on being more sustainable, the current level of progress is nowhere near enough.”