Tag: Mars

Mars and ofi announce strategic collaboration to accelerate net zero cocoa in Ecuador

Stuart Mitchell

Mars, Incorporated and ofi (Olam Food Ingredients), a global leader in naturally good food and beverage ingredients and solutions, today announced a five-year strategic collaboration (2025-2029) to help advance climate-smart and regenerative agriculture practices in cocoa production in Ecuador, across Mars and ofi’s shared cocoa supply chain. Partnering for more than 15 years of joint sustainable cocoa sourcing globally and a decade jointly in Ecuador, the latest collaboration combines Mars and ofi’s shared 2050 Net Zero vision with both companies’ commitments validated by the Science Based Targets initiative (SBTi). In…

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Mars accelerates clean energy transition in Europe through landmark agreement in Lithuania

Stuart Mitchell

Mars, Incorporated, a leading snacking, food and pet care services and nutrition provider, today announced it has entered into a long-term virtual power purchase agreement (PPA) with European Energy for most of the output from the planned Skuodas Wind Farm in Lithuania. The agreement represents the latest milestone in the Mars Renewables Acceleration Program and supports the company’s broader efforts to extend clean, renewable electricity across its full value chain and advance progress toward its net zero ambitions.   The contract includes bundled guarantees of origin, enabled by renewable electricity…

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Mars celebrates latest European decarbonisation milestone with new renewable electricity contract in Sweden

Stuart Mitchell

Mars, Incorporated, a leading snacking, food and pet care services and nutrition provider, today announced a major milestone in its sustainability journey through the Mars Renewable Acceleration Program, with a contract for the majority output of the Kölvallen Wind Farm in Sweden. Developed by Foresight Energy Infrastructure Partners, a leading investment manager, the project’s partnership with Mars underscores Mars commitment to extend clean, renewable energy across its value chain and advancing progress toward its net zero ambitions. Through a long-term agreement, Mars has secured 70% of the annual production from…

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Mars launches Mars Impact Fund to drive lasting change for people, pets and planet

Stuart Mitchell

Mars, Incorporated, a global leader in snacking, pet care, and food, today announced the launch of the Mars Impact Fund, a new enterprise-level philanthropic entity designed to accelerate meaningful and lasting impact in the communities where Mars operates. As a family-owned, principle-driven company, Mars has long believed that business should be a force for good. Building on this legacy, the Mars Impact Fund is designed to complement existing sustainability efforts and foundation activities with strategic, long-term investments. The Mars Impact Fund will contribute $85M between 2025 and 2027. From 2028…

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Sucden and Mars announce collaboration for climate-resilient cocoa

Stuart Mitchell

Sucden (General Cocoa) and Mars, Incorporated are pleased to announce the launch of a five-year collaboration (2025-2029) aimed at advancing low-carbon, climate-resilient cocoa production in participating farms in the Dominican Republic and Ecuador. The project aims to bring together innovation, science-based reductions and farmer-centered approaches to drive meaningful greenhouse gas (GHG) reductions across the participating farms in the cocoa supply chain.   Collaboration on this project builds on a shared commitment between the companies to help minimize the environmental footprint of cocoa production while helping farmers improve their yields. The…

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