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Progress Against Our Priority Goals

Hershey has set and is working toward several ambitious goals designed to help us create positive change across global environmental and social areas, supported by robust governance. We publicly track and report our progress to stay transparent and accountable.

COCOA

Goals

Target Year

Progress
(as of Dec. 31, 2023)

100% independently verified cocoa1

2020

Achieved

100%

100% sourcing visibility of Hershey’s cocoa volume in Côte d’Ivoire and Ghana1

2025

On Track

89%

100% of farmers producing Hershey’s cocoa volume in Côte d’Ivoire and Ghana are polygon mapped by our suppliers to improve traceability and monitor deforestation1,2

2025

On Track

70%

100% of farmers producing Hershey’s cocoa volume in Côte d’Ivoire and Ghana are covered by Child Labor Monitoring and Remediation Systems (CLMRS) to prevent, monitor and remediate child labor1,3

2025

On Track

79%

1 Data reflects results as provided by Hershey suppliers and implementing partners. Hershey strives to align our KPIs to industry best practices and methodologies, including those recommended by the International Cocoa Initiative (ICI), which are constantly improving and evolving. Sourcing visibility means cocoa from known farmers is segregated and traceable to the first buyer (i.e., to the port or the factory in origin). From here cocoa may be mixed, and independently verified cocoa flows into our supply chain under a mass balance traceability model. When we talk about farmers producing Hershey’s cocoa volumes, these are the known farmers where we have sourcing visibility.
2 Beginning in 2023, we are reporting progress based on an analysis of supplier-provided polygon maps. This analysis follows World Cocoa Foundation definitions and checks that all farm plots managed by a farmer are linked to received polygon maps before we consider a farmer to be mapped.
3 This refers to households covered by CLMRS.

RESPONSIBLE SOURCING AND HUMAN RIGHTS

Goals

Target Year

Progress
(as of Dec. 31, 2023)

100% of priority ingredients and materials to be responsibly and sustainably sourced (by volume)4

2025

On Track

86%

85% of in scope supplier sites meet Hershey’s Responsible Sourcing Supplier Program requirements

2025

In Progress

56%

4 This result represents the percentage by volume of Hershey's five priority ingredients, which met our definition of responsibly and sustainably sourced in 2023. This definition varies by ingredient and is subject to change as Hershey's responsible sourcing programs evolve.

ENVIRONMENT

Goals

Target Year

Progress
(as of Dec. 31, 2023)

50% absolute reduction in Scope 1 and 2 GHG emissions (against a 2018 baseline)5

2030

On Track

43%

25% absolute reduction in Scope 3 GHG emissions (against a 2018 baseline)6

2030

In Progress

15%

100% of plastic packaging to be recyclable, reusable or compostable

2030

In Progress

32%

25 million pounds of packaging to be eliminated7

2030

On Track

15.4M lbs

5 Hershey's GHG emissions reduction goal for 2030 is based on Scope 1 and Scope 2 (market-based). Our 2023 Scope 1 and Scope 2 data received limited assurance by EY.
6 Our 2023 Scope 3 data is verified by Quantis.
7 Cumulative packaging waste eliminated (2021-2023) is 15.4 million pounds. This value includes Candy, Mint, and Gum products. It excludes all other product packaging and any non-Hershey purchased packaging materials.

OUR PEOPLE

Goals

Target Year

Progress
(as of Dec. 31, 2023)

Achieve pay equity for similar job categories across our global salaried employees8

2025

On Track

We have maintained aggregate salary U.S. gender pay equity since 2019 and aggregate U.S. salary POC pay equity since 2020.

47-50% women representation across all employees globally8

2025

Achieved

48.2%

30-40% people of color (POC) representation across U.S. employees8,9

2025

On Track

28.5%

50% hazard reduction for job functions with ergonomic risks through process improvements10

2025

On Track

24.6%

8 Aspirational ranges based on economic labor analysis and Hershey's business outlook.
9 POC refers to Black, African American, Hispanic/Latino, Asian/Asian Pacific Islander, Hawaiian Pacific Islander and those who identify as two or more races.
10 In 2023, this goal was expanded to include our North America Salty Snacks segment. As such, the denominator for this calculation has changed. All sites are on track to complete hazard reduction for ergonomic risks as planned.

YOUTH

Goals

Target Year

Progress
(as of Dec. 31, 2023)

50 million children globally supported through education, nutrition, and social and emotional well-being11

2025

On Track

34.8M children

100,000 children take Heartwarming actions and impact their communities12

2025

Achieved

251,152 children

11 More than 34 million children were supported cumulatively from January 1, 2020 to December 31, 2023.
12 More than 250,000 children took action and impacted their communities, cumulatively from January 1, 2020 to December 31, 2023.

COMMUNITY

Goals

Target Year

Progress
(as of Dec. 31, 2023)

$105 million donated in cash and products to community partners focused on education, community economic development, inclusive communities and health and human services where we live and work13

2025

On Track

$103.7M

13 Hershey donated nearly $104 million in cash and products cumulatively from January 1, 2020 to December 31, 2023.

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