Mars has decoupled growth from emissions over the last five years
"It is critically important to strengthen our programs with farmers to help the transition to climate-smart and regenerative agriculture."
2023 was the fifth year that Mars emissions decreased or stagnated while global sales increased, suggesting that the company decoupled growth from emissions after its carbon footprint peaked in 2018.
The snacking and pet food giant reported US$50 million in net sales in 2023, up from US$47 million the previous year. At the same time, emissions went down by close to 4%, from 30.4 million tonnes to 29.3 million tonnes of CO2 equivalent.