The Hershey Company Recognized as One of America’s ‘100 Best Corporate Citizens’
Corporate Responsibility Magazine honors companies that are leaders
for their commitment to environmental, economic, and social values and
HERSHEY, Pa.--(BUSINESS WIRE)--Apr. 12, 2013--
The Hershey Company (NYSE:HSY) today was recognized for the first time
as one of America’s best Corporate Citizens in Corporate
Responsibility Magazine. The magazine annually ranks the nation’s
top 100 companies for demonstrated CSR best practices and a commitment
to publicly reporting their socially responsible initiatives.
“We are thrilled with this recognition; it is a tribute to our employees
around the world who work each and every day in a socially responsible
way,” said Michele Buck, Senior Vice President, Chief Growth Officer.
“‘Doing well by doing good’ is part of our company’s DNA, and as we grow
around the world, the sustainability of our global community remains
fundamental to our business strategy.”
Hershey’s commitment to corporate social responsibility has led to
attracting and retaining a highly engaged workforce dedicated to
building on the legacy of founder Milton Hershey, delivering exceptional
shareholder value, building a sustainable platform for global growth and
strengthening the company’s global reputation.
Hershey’s social responsibility initiatives are organized into a
four-pillar framework: Marketplace, Environment, Workplace and Community.
This framework focuses the company’s CSR efforts and allows it to
conduct its business in a socially responsible and environmentally
sustainable manner while providing the market with high-quality products.
Some recent achievements include:
Marketplace: In February 2013, Hershey announced its 21st
Century Cocoa Plan, a roadmap for how all of Hershey’s cocoa
programs come together to help cocoa communities around the world grow
sustainable cocoa for the next century. Hershey’s Cocoa Plan will
reach 750,000 cocoa farmers and benefit more than two million West
Environment: Hershey invested in a $300-million expansion and
modernization of its West Hershey plant, which was completed on time
while being managed as a zero-waste-to-landfill (ZWL) project. This
expansion also included the installation of major energy and water
conservation measures. The West Hershey plant is one of five Hershey
facilities currently operating as ZWL.
Workplace: Hershey launched a Manufacturing Apprenticeship
Program to actively recruit, hire, train and retain individuals with
intellectual and physical disabilities for its manufacturing
facilities. Hershey will expand this successful program in 2013.
Community: The Hershey Company donated more than $9 million to
charitable causes in 2012, continuing the company’s long-time
commitment to making a difference in the communities where it
operates. Hershey employees also volunteered more than 200,000 hours
in their local communities in 2012 setting a new company record.
Best Corporate Citizens list is based on publicly available
information in seven categories: environment, climate change, human
rights, philanthropy, employee relations, financial performance and
governance. The list was recognized by PR Week as one of America’s three
most-important business rankings.
Hershey was recently named to the Dow Jones Sustainability North
American Index, named to the Civic 50 and moved up 172 spots in Newsweek’s
Green Rankings. To learn more about The Hershey Company’s Corporate
Social Responsibility efforts please visit: http://www.thehersheycompany.com/social-responsibility.aspx
About The Hershey Company
The Hershey Company (NYSE: HSY) is the largest producer of quality
chocolate in North America and a global leader in chocolate and sugar
confectionery. Headquartered in Hershey, Pa., The Hershey Company has
operations throughout the world and approximately 14,000 employees. With
revenues of more than $6.6 billion, Hershey offers confectionery
products under more than 80 brand names, including such iconic brands as Hershey's,
Reese's, Hershey's Kisses, Hershey's Bliss,
Hershey's Special Dark, Kit Kat, Twizzlers, Jolly
Rancher and Ice Breakers. The company is focused on growing
its presence in key international markets such as China, Mexico and
Brazil while continuing to build its competitive advantage in the United
States and Canada.
For more than 100 years, The Hershey Company has been a leader in making
a positive difference in the communities where its employees live, work
and do business. Corporate Social Responsibility is an integral part of
the company’s global business strategy, which includes goals and
priorities focused on fair and ethical business dealings, environmental
stewardship, fostering a desirable workplace for employees, and
positively impacting society and local communities. Milton Hershey
School, established in 1909 by the company's founder and administered by
Hershey Trust Company, provides a quality education, housing, and
medical care at no cost to children in social and financial need.
Students of Milton Hershey School are direct beneficiaries of The
Hershey Company's success.
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Source: The Hershey Company
The Hershey Company
Jeff Beckman, (717) 534-8090