Hershey Issues First Corporate Social Responsibility Report
September 13 2010 - 9:00AM
Business Wire
The Hershey Company (NYSE: HSY) today issued its first Corporate
Social Responsibility (CSR) Report. The report was launched on the
anniversary of Milton S. Hershey’s birthday, in commemoration of
the company’s legacy of responsible operation and of its commitment
to continued progress. The CSR Report, which can be found at
http://www.thehersheycompany.com/social-responsibility, outlines
the company’s priorities and sets goals for improvement in key
areas.
“Our belief in the importance of CSR dates to the founding of
our company more than 100 years ago,” said David J. West, President
and Chief Executive Officer, The Hershey Company. “Today, CSR is an
integral part of our global business strategy. Our CSR efforts
stretch from our headquarters and manufacturing facilities in
Hershey, Pennsylvania, to our operations in countries such as
Mexico and India, to the cocoa farming villages of West Africa.
While we are proud of our accomplishments, including the
contributions we make to children in need, we understand that much
remains to be done.”
Hershey’s CSR Report outlines the company’s priorities and
programs in four areas:
- Marketplace, which includes the
company’s commitment to fair and ethical business dealings;
- Environment, which includes
Hershey’s environmental stewardship;
- Workplace, which describes
efforts to create a desirable workplace for Hershey’s employees who
contribute to Hershey’s success; and
- Community, which outlines
Hershey’s focus on making a positive difference in communities
around the world.
Hershey’s CSR Report outlines the company’s accomplishments in
these areas and sets measurable goals for future progress. For
example, the company has decreased energy consumption by nearly 10
percent in its manufacturing and distribution facilities since
2008. Hershey, along with others in the industry working through
the World Cocoa Foundation, has taken a proactive leadership role
in promoting sustainable cocoa farming practices and increasing
incomes for cocoa farming families. These programs have made a
positive difference in the lives of 500,000 farming families over
the past decade.
In developing its CSR report, Hershey applied the Global
Reporting Initiative (GRI) G3 Sustainability Reporting Guidelines,
a widely used standard that provides a framework for reporting and,
most importantly, tracking progress. To read Hershey’s Corporate
Social Responsibility Report, go to
http://www.thehersheycompany.com/social-responsibility
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