Building a Better Tomorrow with Mars Inc.

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 & NotesAbout MarsMars CompassThe Five PrinciplesSustainable in a Generation PlanConnect with Andy Pharoah on LinkedInSustainable 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