Mars Inc grows 60% while cutting carbon footprint by 16%, proves sustainability pays off

US-based confectionery, pet care, and food major Mars Inc says its sustainability goals are not influenced by changing government policies but are based on solid economic reasons. The company claims to have grown its business by 60% since 2015 while reducing its carbon footprint by 16%.

“Our data demonstrates that it is possible to scale a successful business while reducing environmental impact, and that’s the journey we are committed to,” says Andy Pharoah, VP, Corporate Affairs and Sustainability, Mars Inc.

With over $50 billion in global revenues and a presence in approximately 80 countries, Mars owns renowned brands like Wrigley's, M&Ms, Twix, Snickers, Pedigree, and Royal Canin across its confectionery and pet care businesses.

“We understand that government policies and environmental approaches vary over time. Our focus is on what makes sense for our business rather than reacting to individual government decisions. Climate action is critical—it matters to our shareholders, our associates, and is essential from both a business and environmental standpoint,” Pharoah said.

In an interview with Fortune India, Pharoah mentioned that Mars has a set of seven shareholder objectives, one of which focuses on climate, aiming for net zero by 2050. “Additionally, we have a 2030 target to reduce emissions by 50%. From an ownership perspective, we will continue prioritising climate action,” he said.

“As a business, we have found strong economic reasons to focus on sustainability. Some of our renewable energy deals have resulted in cheaper electricity than traditional sources. We firmly believe in the science behind climate change and recognise that man-made CO2 emissions contribute to it. The case for action is clear,” he explained.

The company’s sustainability practices in India reflect its global approach. “We have significant on-site renewable energy initiatives in India. For example, our Pune plant has 4 MW of renewable electricity, covering about 70% of its energy needs—one of the highest percentages for on-site renewable energy. Similarly, at Tasty Bite, there is no fossil fuel use, making it a more sustainable operation,” Pharoah said.

According to Pharoah, the company’s focus on local, on-site renewable energy is bigger in India than it is globally. There is also a consistent emphasis on reducing water use, especially unsustainable water consumption. “We have achieved significant reductions in water consumption at our Pune chocolate plant and our Bangalore chewing gum plant—about 40% in both locations. Globally, we are at a 20–27% reduction in water use, so the 40% reduction in Pune and Bangalore is significant. Additionally, our Hyderabad pet food manufacturing facility has a target of becoming water-neutral by 2025. Water is a big focus for us in India,” Pharoah said.

Mars also runs a “Shubh Mint” programme in India. Operational since 2017, the programme supports sustainable farming among mint farmers. “We now work with around 24,000 farmers. This initiative has increased farmers’ incomes by 156% and reduced water usage by about 30%. It has been a highly impactful programme,” Pharoah pointed out.