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These newly validated targets are in line with climate science and are consistent with levels necessary to meet the Paris Agreement’s goals to limit global warming to 1.5 degrees Celsius
Hershey announced that it has updated its 2030 science-based greenhouse gas (GHG) emissions reduction targets against the latest standards. A detailed accounting of the company’s footprint and science-based targets are foundational to the company’s strategy to drive progress on emissions reduction.
“At Hershey, our business depends on ingredients grown around the world and the health of those ecosystems,” said Rachel Grunberg, senior manager of environmental sustainability at The Hershey Company. “We are responsible for reducing our carbon footprint to build resiliency for our business and the planet. To inform our strategy, we do so with challenging goals aligned with best-in-class science.”
Hershey’s target to reduce scope 1 and 2 GHG emissions by 50 per cent by 2030 from a 2018 baseline was re-validated by the Science Based Targets initiative (SBTi). To date, Hershey has achieved a 43 per cent reduction against this target. The company has also set near-term Forest Land and Agriculture (FLAG) and non-FLAG targets. It is committed to reducing scope 3 Forest Land and Agriculture (FLAG) emissions by 36 per cent and non-FLAG emissions by 30 per cent by 2030. These newly validated targets align with climate science and are consistent with levels necessary to meet the Paris Agreement’s goals to limit global warming to 1.5 degrees Celsius.