Redesigning Supply Chains for Sustainability

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This chapter explores Mars' approach to redesigning its supply chains for sustainability, focusing on the challenges faced by the food industry in achieving net zero greenhouse gas emissions and the need for better data and transparency. It discusses Mars' efforts to address issues such as deforestation, fair wages, and recruitment fees, as well as their commitments to combat deforestation in various raw materials. The chapter also touches on the complexities of proactive supply chain management and the importance of building adaptive capacity in suppliers.

In this episode of the ESG Insider podcast, we sit down with Mars, one of the largest food and confectionary companies in the world, on the sidelines of the GreenBiz conference in Phoenix.

Kevin Rabinovitch, Global Vice President of Sustainability & Chief Climate Officer at Mars, explains how the company is rethinking its supply chains as part of its decarbonization strategy and to address climate change and nature-related risks.

"We have supply chains that weren't designed to ... tackle things like greenhouse gas emissions or, frankly, a lot of other sustainability issues," Kevin says. "At first, we thought of it as getting a better understanding of the supply chains we operate. But over time, what we've increasingly realized is that it's probably going to be as much about designing, redesigning supply chains into ways that are easier to manage and understand."

"If we don't change what we're buying, or where we're buying it, or how we're buying it, or who we're buying it from, we're not going to make a lot of progress on our performance," Kevin adds.

Listen to our episode about how the Rockefeller Foundation partners with stakeholders around the world to finance solutions to issues like climate change and food systems transformation: https://www.spglobal.com/esg/podcasts/breaking-down-silos-seeking-innovative-financing-solutions-to-big-sustainability-challenges

GreenBiz is hosted by GreenBiz Group and S&P Global Sustainable1 is a sponsor.

This piece was published by S&P Global Sustainable1, a part of S&P Global.

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