By Business Wirevia The Motley Fool
Filed under: Investing
The Hershey Company Recognized as One of America’s ‘100 Best Corporate Citizens’
Corporate Responsibility Magazine honors companies that are leaders for their commitment to environmental, economic, and social values and practices.
HERSHEY, Pa.–(BUSINESS WIRE)– The Hershey Company (NYS: HSY) today was recognized for the first time as one of America’s best Corporate Citizens in Corporate Responsibility Magazine. The magazine annually ranks the nation’s top 100 companies for demonstrated CSR best practices and a commitment to publicly reporting their socially responsible initiatives.
“We are thrilled with this recognition; it is a tribute to our employees around the world who work each and every day in a socially responsible way,” said Michele Buck, Senior Vice President, Chief Growth Officer. “‘Doing well by doing good’ is part of our company’s DNA, and as we grow around the world, the sustainability of our global community remains fundamental to our business strategy.”
Hershey’s commitment to corporate social responsibility has led to attracting and retaining a highly engaged workforce dedicated to building on the legacy of founder Milton Hershey, delivering exceptional shareholder value, building a sustainable platform for global growth and strengthening the company’s global reputation.
Hershey’s social responsibility initiatives are organized into a four-pillar framework: Marketplace, Environment, Workplace and Community.
This framework focuses the company’s CSR efforts and allows it to conduct its business in a socially responsible and environmentally sustainable manner while providing the market with high-quality products.
Some recent achievements include:
- Marketplace: In February 2013, Hershey announced its 21st Century Cocoa Plan, a roadmap for how all of Hershey’s cocoa programs come together to help cocoa communities around the world grow sustainable cocoa for the next century. Hershey’s Cocoa Plan will reach 750,000 cocoa farmers and benefit more than two million West African people.
- Environment: Hershey invested in a $300-million expansion and modernization of its West Hershey plant, which was completed on time while being managed as a zero-waste-to-landfill (ZWL) project. This expansion also included the installation of major energy and water conservation measures. The West Hershey plant is one of five Hershey facilities currently operating as ZWL.
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From: http://www.dailyfinance.com/2013/04/12/the-hershey-company-recognized-as-one-of-americas-/
