CONTENTS PEOPLE PETS PLANET
Corporate responsibility focus areas (ESG)
Challenges we faced • Supply chain issues: increased global shipping complexities, leading to higher air freight usage in 2024. • Tariff increases: potential cost impacts for both our company and consumers. Our key focus areas • Ingredient traceability: ensuring transparency in sourcing and country of origin for all 161 tier-one ingredients. • Data optimisation: investing in an in-house data team to improve data accuracy and support STBi aligned target setting. • Climate risk analysis: partnered with our investors and PwC to assess and mitigate risks. • Human rights review: conducting deep-dive assessment based on our manufacturing locations with 3rd party consultants.
As a global company, we prioritise fostering in-person connections while also addressing climate change and protecting biodiversity. Despite business growth challenges, we remain committed to minimising emissions. We continue to enhance our measurement and monitoring capabilities, setting carbon goals aligned with science-based targets and collaborating with suppliers to reduce our carbon footprint.
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MPM Annual Impact Report FY2024
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