Mars Incorporated—the company behind some of your favorite brands, from Snickers to Seeds of Change—is guided by a simple statement: We believe the world we want tomorrow starts with how we do business today.
This purpose comes to life through the company’s Sustainable in a Generation Plan, which focuses on a healthy planet, thriving people, and nourishing wellbeing; through its four subsidiaries — Petcare, Mars Wrigley, Food, and Edge; and through many of its brands. To talk about Mars’ purpose, Purpose 360 welcomed Andy Pharoah, VP Corporate Affairs and Sustainability at Mars.
Listen for Andy’s insights on:
- The interrelationship between the Mars Compass and Five Principles, and how they jointly guide decision-making at all levels of the organization.
- How Mars is putting purpose at the center of long-term business strategy and R&D to transform supply chains and operations to be more sustainable, while creating healthier products.
- Why and how Mars committed $1b+ in the Sustainable Generation Plan to put its “purpose into practice” and help billions of people around the world.
Links & Notes
- About Mars
- Mars Compass
- The Five Principles
- Sustainable in a Generation Plan
- Connect with Andy Pharoah on LinkedIn
- Sustainable in a Generation Scorecard (2019)
- (00:00) – Welcome to Purpose 360 – Andy Pharoah from Mars Inc.
- (04:32) – The Numbers
- (05:08) – Andy’s Background & the Evolution of Purpose
- (07:50) – Mars’ Purpose Statement
- (09:35) – Examples in Action
- (12:09) – Discovery of Their Purpose Statement
- (15:57) – Mars’ Five Principles
- (18:09) – Finding Solutions
- (19:17) – Sustainability Plan
- (25:05) – Mars Family Involvement
- (26:49) – The Mars Compass
- (31:52) – Black Lives Matter and Uncle Ben’s
- (36:41) – Pet Care Successes
- (40:54) – Andy’s Favorite Brands
- (42:58) – Andy’s Insights Into Purpose
- (44:38) – Focus Groups
- (46:01) – Last Thoughts
- (47:39) – Closing
