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The Hershey Company

Climate love

Hershey announces 2030 goals to reduce environmental footprint, address climate change

Hershey sets science-based targets to reduce emissions in line with the goals of the Paris Climate Agreement and requirements to keep warming to 1.5°C.The Hershey Company (NYSE: HSY) has announced new commitments to advance its environmental progress and contribute to global climate action. Hershey has set ambitious new goals to reduce its global emissions in line with the global best practice of the Paris Climate Agreement, to limit global temperature rise to 1.5°C. "Climate change is one of the most urgent threats to our planet that we face today." said Michele Buck, Hershey CEO. Hershey and National Grid Renewables announced Hershey's 140-megawatt Power Purchase Agreement (PPA) for the Copperhead Solar & Storage Project in Falls County, Texas earlier this month. The project is expected to produce an estimated $25 million in direct economic impact throughout its first 25 years of operation, including the production of new tax revenue, onsite operations jobs and the creation of a charitable fund estimated at $600,000. This is Hershey's third solar PPA. The company's second project with National Grid Renewables, Noble Solar & Storage, is located in Denton County, Texas. https://www.prnewswire.com/news-releases/hershey-reduces-environmental-impact-across-its-value-chain-301682070.html

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  • rosebellendiritu

    38 w

    Thanks Hershey's company,setting a goal at 2030 means you are committed.

    1
    • Ann Nyambura

      40 w

      This commitment should inspire other business to step up and contribute to a more sustainable future.

      2
      • We Don't Have Time

        40 w

        Dear johnte ndeto Your climate love has received over 50 agrees! We have reached out to The Hershey Company by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

        1
        • George Kariuki

          40 w

          This is a testament to the power of corporate leadership in addressing global challenges.

          1
          • Rashid Kamau

            40 w

            Promising goals to mitigate the effects of global climate change.

            7
            • Peter Kamau

              40 w

              This is so remarkable

              5
              • Ajema Lydiah

                40 w

                great news

                5
                • Joseph Githinji

                  40 w

                  This is surely a noble investment.

                  5
                • Annett Michuki..

                  40 w

                  good job

                  5
                  • Jane Wangui

                    40 w

                    Hersheys being my favourite chocolate bar,I am proud to see this initiative and hope that they can continue with this momentum.

                    6
                    • rosebellendiritu

                      38 w

                      @jane_wangui hoping for quick implementation to achieve the target

                    • Rukia Ahmed Abdi

                      40 w

                      Great goal

                      6
                      • Marine Stephan

                        40 w

                        This is great to have goals, not it is time for actions! I am looking forward to reading about their progress and the policies and actions they will have implemented

                        13
                        • Richard S

                          40 w

                          ❤ #Chocolate 💚

                          10
                          • johnte ndeto

                            40 w

                            Recent initiatives by Hershey include the launch of a third utility-scale solar project, energy and water optimization investments and continued progress addressing land use change.

                            8
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