
Mars Signs First European Renewable Acceleration Contract In Europe In Partnership With Goldenpeaks Capital To Power Full Value Chain
"I'm delighted to see the momentum we are getting with our Renewable Acceleration program. Building on our recent work with Enel in North America, this next step in Europe clearly demonstrates our vision to make renewables the standard wherever Mars does business. It's unique and significant that one of our largest suppliers, Cargill, is joining us to accelerate the shift to clean energy for our shared supply chains, benefiting the communities we serve. Climate action must be global to be truly effective, and these partnerships show that scale is possible when we all work together," said Kevin Rabinovitch, Global VP Sustainability at Mars.
Adriano Agosti, Founder and Chairman of GoldenPeaks Capital said : "Mars, as a global company with the footprint of a small country, has transformed its global responsibility into an opportunity, driving the process of decarbonization across its full value chain. GoldenPeaks Capital is proud to be a partner and play a role to serve this global purpose."
The Mars Renewables Acceleration program is designed to accelerate the shift from fossil fuels to clean energy – not just for Mars-owned sites, but across its entire value chain by bringing the totality of its energy usage into the renewables market. With the Enel partnership in North America announced earlier this month and now GoldenPeaks Capital partnership in Europe, Mars is building a truly global approach to decarbonizing its operations and full value chain.
Additional global agreements are in the pipeline for Mars. With each additional contract, the company expects the Renewable Acceleration program to contribute toward a 10% reduction of its total carbon footprint by 2030. The Renewable Acceleration program is part of Mars strategy to achieve Net Zero by 2050, which also includes tackling deforestation, supporting climate-smart agriculture, improving transportation and embedding sustainability across the business.
About Mars, Incorporated
Mars, Incorporated is driven by the belief that the world we want tomorrow starts with how we do business today. As an approximately $55bn family-owned business, our diverse and expanding portfolio of leading pet care products and veterinary services support pets all around the world and our quality snacking and food products delight millions of people every day. We produce some of the world's best-loved brands including ROYAL CANIN®, PEDIGREE®, WHISKAS®, CESAR®, DOVE®, EXTRA®, M&M's®, SNICKERS® and BEN'S ORIGINALTM. Our international networks of pet hospitals, including BANFIELDTM, BLUEPEARLTM, VCATM and ANICURATM span preventive, general, specialty, and emergency veterinary care, and our global veterinary diagnostics business ANTECH® offers breakthrough capabilities in pet diagnostics. The Mars Five Principles-Quality, Responsibility, Mutuality, Efficiency and Freedom-inspire our 150,000 Associates to act every day to help create a better world for people, pets and the planet.
For more information about Mars, please visit . Join us on Facebook , Instagram , LinkedIn , and YouTube .
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