CONTENTS PEOPLE PETS PLANET
Supply chain transparency - climate risk As we progress our corporate responsibility journey in collaboration our investors and PwC, we conducted a climate risk assessment to understand the potential risk hotspots particularly in our supply chain and continue build our operational resilience.
Europe
Drought (Highest) Wind (Medium Risk) Heat (High Risk)
North America
Heat (Highest Risk) Precipitation (Highest Risk)
South-East Asia
Heat (Highest Risk ) Precipitation (Highest Risk) Drought (Highest Risk)
Legend
Precipitation Heat Drought Wind Wildfire
South America Precipitation (Highest Risk) Heat (Highest Risk)
Australia
Precipitation (High Risk- Isolate)
This analysis helps MPM safeguard ingredient availability and respond to growing shopper expectations around sustainability.
MPM’s climate risk assessment found low transitional risk , with only minor changes expected from evolving regulations and growing demand for sustainable products. We’re already acting - reducing waste and improving ingredient sustainability. Some supply sites - particularly in South East Asia - face higher physical risks , including heat, drought, and heavy rainfall. In response, we’re strengthening supplier partnerships, increasing oversight, revising business continuity plans, and using dual sourcing to reduce disruption. A medium opportunity has been identified to improve resilience by advancing our near-sourcing strategy - projects to increase local and regional sourcing are already underway.
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MPM Annual Impact Report FY2024
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