Sep,2014

Responsible Sourcing

Responsible Sourcing

In March 2014, Mars conducted the third annual independent benchmarking of its responsible sourcing program. The benchmarking, completed by Verisk Maplecroft, a risk analytics and advisory company, compares Mars’ performance with 24 peer companies. We evaluate areas such as supplier risk assessment and compliance management, stakeholder engagement, Associate and supplier training and capacity building, transparency, and disclosure.

Beyond compliance, the benchmarking also focuses on initiatives relating to poverty and human development. Mars has steadily improved its rank, from 8th in 2012, to 5th in 2013, and 4th in 2014. This has been achieved through demonstrated improvements in training Associates and suppliers, conducting supplier risk assessments, and more robust targets and data reporting. The launch of the Responsible Sourcing section on Mars’ global website has enhanced reporting and disclosure on areas of responsible sourcing performance. We will continue to work with our suppliers to responsibly source materials across our global supply chain.