Hershey and Its Suppliers Lead the Way in Sustainability

The Hershey Company, the Great American Chocolate Bar company, is transforming its value chain through a cross-functional team with an accelerated timeline for reaching company targets.

It recently stated that 97% of its Scope 3 emissions (emissions outside of its direct control) come from its value chain: https://lnkd.in/gJ8nDc96.

To reach its goals, it needs to increase visibility into its key relationships and resources. When issues are identified, they can help suppliers get back on track quickly.

The move towards greater transparency isn’t surprising. Large corporations require complex supply chains. At 7 Centre, we ensure that those in the supply chain can advance their sustainability story at the same rate as their major customers.

One affordable way is the Sustainability Ledger Platform, starting with a high-quality physical journal featuring user-friendly templates, comprehensive checklists, and performance logs, enhanced with QR codes for seamless digital integration and data management.

Let’s look at a supplier of Cocoa to Hershey, and how it would use the ledger:

Objective: Use the Sustainability Ledger to collect data, track progress, and report sustainability efforts to Hershey.

Steps:

1. Setup and Data Collection:

   • Input Baseline Data: Enter initial data on farming practices, land use, and emissions.

   • Identify Metrics: Track key metrics like FLAG (Forest Land and Agriculture) emissions, energy use, water consumption, and waste management.

2. Daily Monitoring:

   • Log Activities: Record daily activities related to energy use, water consumption, and land use changes.

3. Weekly and Monthly Reviews:

   • Weekly Check-ins: Review weekly data to spot immediate issues.

   • Monthly Summaries: Compile monthly data summaries on emissions and sustainable practices.

4. Quarterly Tracking:

   • Generate detailed quarterly reports to track progress and discuss in stakeholder meetings.

5. Annual Review and Submission:

   • Compile yearly data into a comprehensive report.

   • Validate Data: Conduct internal audits and third-party verification.

   • Send the annual report to Hershey, highlighting progress towards sustainability goals.

Benefits:
✅ Ensure alignment with Hershey’s sustainability standards.
✅ Identify and implement better farming practices.
✅ Maintain clear records to build trust with Hershey.
✅ Strengthen relationship with Hershey through demonstrated commitment to sustainability.

Take the first step toward a sustainable future by integrating the Sustainability Ledger into your business practices today. Empower your supply chain, meet international standards, and showcase your commitment to a greener world. Pre-order your ledger today by contacting us at: Order@7Centre.com (Introductory price of $199 USD).