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Billy Goat Brands Provides Corporate Update and Investment Outlook
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In Major Sustainability Accomplishment: Belvedere Completes Biomass Capture Facility
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ProAmpac Acquires Ultimate Packaging
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Hershey Sets New Ambitious Goals to Reduce Global Emissions
HERSHEY, Pa. The Hershey Co. is advancing its commitment to global climate action by setting new ambitious goals to reduce its global emissions, which are in line with the Paris Climate Agreement to limit global temperature rise to 1.5°C.
In 2019, the company committed to the Science Based Targets initiative that it would audit its operations and develop targets to reduce its greenhouse gas emissions in line with the best available climate science. As a result of that process, Hershey s newest goal is to reduce its absolute Scope 1 and Scope 2 emissions by more than 50 percent and its absolute Scope 3 emissions by 25 percent by 2030, compared to a 2018 baseline.
HERSHEY, Pa. The Hershey Company (NYSE: HSY) today announced new commitments to advance its environmental progress and contribute to global climate action. Hershey has set ambitious new goals to reduce its global emissions in line with the global best practice of the Paris Climate Agreement, to limit global temperature rise to 1.5°C.
In 2019, Hershey committed to the Science Based Targets initiative (SBTi) that it would audit its operations and develop targets to reduce its greenhouse gas emissions in line with the best available climate science. As a result of that process, Hershey today announces its goal to reduce its absolute Scope 1 and Scope 2 emissions by more than 50% and its absolute Scope 3 emissions by 25% by 2030, compared to a 2018 baseline1.