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Second Party Opinion: Mars Inc.'s Sustainability Financing Framework

Published Apr 14, 2023

6 pages (3095 words) — Published Apr 14, 2023

Price US$ 600.00 | Buy this Report Now

About This Report

Abstract:

Mars' approach to sustainability is guided by its foundational "Sustainable in a Generation Plan" that it launched in 2017. This plan includes three overarching strategic pillars: a healthy planet (including transforming packaging), thriving people, and nourishing wellbeing.

Brief Excerpt:

...April 14, 2023 Mars Inc. (Mars) is a private company engaged in the production and sale of confectionery, pet food, and other food products. It produces and markets chocolate, chewing gum, mint, and fruity confections; treats and snacks; meals and nutrition solutions for consumers; direct-to-consumer targeted nutrition solutions; and nutrition and health products for dogs, cats, horses, fish, and birds. The company was founded in 1891 and is based in McLean, Va. In our view, the Mars Sustainability Financing Framework, published in March 2023, is aligned with: Social Bond Principles, ICMA, 2021 Green Bond Principles, ICMA, 2021 Green Loan Principles, LMA/LSTA/APLMA, 2023 Sustainability Bond Guidelines ICMA, 2021...

Report Type:

Commentary

Issuer

Mars Inc.

GICS

Packaged Foods & Meats (30202030)

Sector

Global Issuers

Country

United States

Region

United States

Format:

PDF

Research Update: Mars Inc. Ratings Raised To 'A+' From 'A' On Continued Strong Performance And Cash Flow; New Debt Rated – 2023/04/17 – US$ 225.00

Research Update: Mars Inc. 'A+' Rating Affirmed, Assigned 'A-1' Short-Term Rating On Commercial Paper Program; Outlook Stable – 2023/12/07 – US$ 225.00

Mars Inc. – 2024/04/17 – US$ 500.00

Research Update: Mars Inc. Ratings Placed On CreditWatch Negative On Acquisition Of Kellanova – 2024/08/15 – US$ 225.00

Research Update: Mars Inc. Downgraded To 'A' On Kellanova Acquisition; Off CreditWatch Negative; Outlook Stable – 2025/02/27 – US$ 225.00

Mars Inc. – 2022/04/27 – US$ 500.00

Mars Inc. – 2021/04/27 – US$ 500.00

Mars Inc.'s Proposed Senior Unsecured Notes Rated 'A', Deemed Leverage Neutral – 2020/07/13 – US$ 150.00

Mars Inc. – 2020/04/24 – US$ 500.00

Mars Inc. Assigned 'A' Issuer Credit Rating, Outlook Stable; Wm. Wrigley Jr. Co. 'A' Issuer Credit Rating Discontinued – 2019/03/25 – US$ 150.00

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Second Party Opinion: Mars Inc.'s Sustainability Financing Framework" Apr 14, 2023. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Second-Party-Opinion-Mars-Inc-s-Sustainability-Financing-Framework-2973386>

APA:	S&P Global Ratings’ Credit Research. (). Second Party Opinion: Mars Inc.'s Sustainability Financing Framework Apr 14, 2023. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Second-Party-Opinion-Mars-Inc-s-Sustainability-Financing-Framework-2973386>

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