Published 06-02-21
Submitted by The Hershey Company
At Hershey, our purpose – to make more moments of goodness – grounded our every effort as we put goodness into action.
HERSHEY, Pa., June 2, 2021 /CSRwire/ -- The Hershey Company (NYSE: HSY) today released its 2020 Sustainability Report, highlighting its progress on key environmental and social initiatives during a year of unprecedented challenges. The report reviews the company's holistic sustainability strategy – known as its Shared Goodness Promise – which includes initiatives across the enterprise and value chain such as responsible sourcing, respecting human rights, climate action, employee wellbeing, diversity, equity and inclusion, and community engagement.
Hershey's Shared Goodness Promise guides the company to make positive change at scale and leverage its business to advance more sustainable growth, with socially conscious and responsible business practices.
With the onset of the pandemic in 2020, Hershey's top priority in 2020 was the physical, emotional and economic well-being of its employees as it worked to make more moments of goodness for consumers at a time when it was needed most. The company made significant progress in its efforts to responsibly source cocoa while building healthy, prosperous cocoa communities, and took meaningful action to reduce its environmental footprint. Additionally, the company put racial equality at the forefront of its agenda, co-creating with employees a strengthened diversity, equity, and inclusion strategy, investing in underrepresented communities and taking action to help end systemic racism.
"2020 was a year of unprecedented challenges and hardship for us all, but also one of opportunity. At Hershey, our purpose – to make more moments of goodness – and our values of togetherness, integrity, excellence and making a difference, grounded our every effort as we put goodness into action by looking after one another and working together each and every day to make a positive impact," said Michele Buck, Chairman, President and CEO of The Hershey Company. "I am tremendously proud of the progress we made and the accelerated actions we took across ESG. There remains more work ahead for us, but by continuing to put our people first and focusing on what matters most to all of our stakeholders, we are confident about the future."
Notable milestones highlighted in Hershey's 2020 Sustainability Report include:
For more information on Hershey's Shared Goodness Promise, read the 2020 Sustainability Report. Additional information can be accessed in the company's Sustainable Accounting Standards Board (SASB) index and UN Guiding Principles Reporting Framework report and other reports available here.
About The Hershey Company
The Hershey Company is headquartered in Hershey, Pa., and is an industry-leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children succeed. Hershey has approximately 17,000 employees around the world who work every day to deliver delicious, quality products. The company has more than 90 brands around the world that drive more than $8.1 billion in annual revenues, including such iconic brand names as Hershey's, Reese's, Kit Kat®, Jolly Rancher, Ice Breakers, SkinnyPop, and Pirate's Booty.
For more than 125 years, Hershey has been committed to operating fairly, ethically and sustainably. Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed.
To learn more visit www.thehersheycompany.com
The Hershey Company is headquartered in Hershey, Pennsylvania and is an industry-leading snacks company known for making more moments of goodness through its iconic brands, remarkable people and enduring commitment to doing the right thing for its people, planet and communities. Hershey has nearly 20,000 employees in the U.S. and around the world who work every day to deliver delicious, high-quality products. The company has more than 100 brand names in approximately 80 countries worldwide that drive more than $10.4 billion in annual revenues, including Hershey's, Reese's, Kit Kat®, Jolly Rancher and Ice Breakers, and fast-growing salty snacks including SkinnyPop, Pirate's Booty and Dot's Homestyle Pretzels.
For more than 125 years, Hershey has been committed to operating fairly, ethically and sustainably. The candy and snack maker’s founder, Milton Hershey, created Milton Hershey School in 1909 and since then the company has focused on helping children succeed through equitable access to education.
To learn more visit www.thehersheycompany.com.
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