Monday April 15, 2013
Hershey Named One Of Best Corporate Citizens
Hershey, PA — The Hershey Co. has been named one of American’s “100 Best Corporate Citizens” by Corporate Responsibility magazine.
This is the first time the magazine has recognized Hershey and Corporate Social Responsibility Director Todd Camp tells Candy & Snack TODAY the biggest difference between Hershey’s efforts in 2012 and in past years was the company's level of transparency.
“We've now established a track record of high performance on environmental, social and governance priorities and have made significant increases to our level of transparency. We've moved from a Global Reporting Initiative 'C' level to a 'B+' level and are now working to make further strides on that front,” Camp says.
Hershey’s social responsibility initiative is organized in a four-pillar framework — Marketplace, Environment, Workplace and Community. In February the company announced its 21st Century Cocoa Plan under the Marketplace pillar. The plan is a roadmap of how Hershey's cocoa programs will reach 750,000 cocoa farmers and grow sustainable cocoa, the company claims.
Camp says the recognition will help solidify the company’s reputation as a corporate responsibility leader and support its efforts to attract and retain talent and expand into other markets.
Corporate Responsibility annually ranks the nation’s top 100 companies for demonstrated corporate responsibility best practices and a commitment to publicly reporting their social responsibility initiatives. The list is based on publicly available information in seven categories: environment, climate change, human rights, philanthropy, employee relations, financial performance and governance.
General Mills, Inc.; PepsiCo, Inc.; Wal-Mart Sotres, Inc.; Kellogg Co.; CVS Caremark Corp.; and Conagra Foods, Inc. also made the list.