Mars achieves additional 1.9% reduction in greenhouse gas emissions compared to previous year

Mars has released its 2024 Sustainable in a Generation Plan report, highlighting continued progress in reducing its overall carbon footprint. Compared to its 2015 baseline, the company reduced greenhouse gas (GHG) emissions by 16.4% by the end of 2024. At the same time, Mars increased its annual net sales by more than 69%, reaching approximately $55 billion.

“We’re pleased to be growing our business while reducing our environmental impact and continuing to invest in innovations and startups that are building more resilient business models. This is a key step toward reducing future environmental risks, and an opportunity to strengthen our competitiveness. We know challenges lie ahead, but our focus remains clear — progress, growth, and creating a positive impact on the planet and the communities we serve,” said Poul Weihrauch, CEO and President of Mars.

In 2024, Mars placed special emphasis on partnerships in climate-smart agriculture and building deforestation-free supply chains. The company is currently running over 60 projects across 29 countries, covering 13 key crops. In collaboration with partners, Mars is investing in energy efficiency and regenerative practices that improve soil health and boost farms’ resilience to floods, droughts, and pests.

Mars has been integrating sustainability into every aspect of its business for years. In 2024 alone, the number of corporate leaders accountable for emissions reductions increased from 400 to around 2,000, and their long-term incentives now include emissions-related targets alongside standard business metrics.

“Our goal is not just future impact — it’s progress now,” said Alastair Child, Chief Sustainability Officer at Mars. “To make sustainability real, it must be part of every business decision. Systemic change is essential, and partnerships with governments, industry, and farmers are key to continued success. We can’t do this alone, but we know that together we can achieve more.”

Recognising the importance of science and innovation in addressing challenges, Mars is today launching the Mars Sustainable Industry Fund (MSIF) with up to $250 million in capital to be deployed through investment funds and direct investments. The fund will focus on advanced agriculture, innovative ingredients and raw materials, and next-generation packaging. This fund further reinforces Mars’ commitment to sustainability through its Sustainable in a Generation Plan.