PROCUREMENT
As Mars Inc . publishes its groundbreaking Net Zero Roadmap , how will procurement help drive the company to cut carbon in half by 2030 ?
WRITTEN BY : NEIL PERRY
Mars has published its opensource action plan to accelerate the drive towards achieving Net Zero emissions , including a new target to cut carbon in half by 2030 across its full value chain . The strategy also involves investing US $ 1bn over the next three years alone to drive climate action
The strategy incorporates an understanding of how supplier engagement , supply chain and procurement impacts their environmental footprint , as 80 % of it comes from their inputs such as raw materials , packaging and logistics .
“ The carbon footprint of our entire supply chain from farming through to the end of life of our packaging and everything in between is the same as that of a small country – Finland has almost exactly the same footprint ,” explains Barry Parkin the Chief Procurement and Sustainability Officer at Mars Inc . “ When we look at where our footprint was ten years ago , 70 % or more of it is embedded in the goods or services we buy . So , procurement is therefore absolutely critical .”
108 February 2024