The chief executive of Mars, one of the world’s largest consumer products companies, has warned that “all too often” corporate commitments to cut greenhouse gas emissions fall short and threaten to undermine their credibility and necessary change on climate action.
Grant Reid’s comments, and those of Mars’s chief sustainability and procurement officer, Barry Parkin, come after the climate activist Greta Thunberg condemned many of the climate actions promised by global leaders as so much “blah, blah, blah”.
“We all heard Greta,” Parkin told the Guardian. “Greta is right. It’s not about the target, it’s about the progress and it’s the actions that matter.”
On Tuesday Mars, whose products include M&Ms, Twix, Royal Canin pet food and Wrigley’s chewing gum, set out new science-based climate targets to achieve net zero greenhouse gas emissions across its business by 2050, including all those created by its suppliers and emissions from consumers using its brands.
The company also pledged to:
-
Eliminate deforestation in its supply chain
-
Link executive pay to cutting greenhouse gas emission
-
Challenge its 20,000+ suppliers to take climate action and set meaningful targets.
In an op-ed for the Guardian, Reid said too many corporations were making “net zero” promises that do not cover the whole of their emissions and this state of affairs threatened to undermine the concept of net zero – which he believes is vital if the world is to deal with climate change.
“All too often key components are missing, and that will create a meaningful shortfall in our collective effort to prevent the worst impacts of climate change,” wrote Reid. “The old ways of doing business will not deliver the changes required.
“Failing to fill the gaps that exist in some current net zero commitments will undermine their credibility, and even more importantly, the climate action movement. We can’t allow that to happen.”
Parkin said Mars was seeing the impact of climate change across its business – droughts in west Africa, for example, affecting cocoa production.
“We are all starting to see the beginnings of this,” he said. “Whether in our personal lives through extreme weather events or in our business.
“We are starting to see changes in rainfall, changes in temperature which are impacting where crops can grow and impacting the lives, and that’s probably the more important thing, of those farmers.”
Parkin said it was vital for companies to start setting short-term goals as well as long-term ones, to push suppliers to tackle emissions and to be as transparent as possible about progress.