37 The Hershey Company | 2021 ESG Report Responsible Sourcing and Human Rights The Big Picture Our Company Cocoa Responsible Sourcing and Human Rights Environment Our People Youth Community About This Report Living Wages Amplifying Equality and Income and Opportunity in We believe that all individuals deserve the Our Supply Chain opportunity to earn a decent standard of living We believe that, at its core, systemic racism is and that being paid fairly is a cornerstone of a human rights issue. We have a longstanding human rights. In 2020, Hershey followed the commitment to DEI and we are accelerating our guidance of the UNGPs to determine where efforts to be a more inclusive company individuals are most likely to experience wage (see page 67). and income-related vulnerabilities, particularly where Hershey has significant leverage and influence. This resulted in our new Living Wage Climate Justice & Income Position Statement. and Human Rights In 2021, we furthered our commitment Climate change poses a significant threat to promoting living wages globally by: to human rights globally. Its impacts • Reviewing all our global full-time employees disrupt global food supplies and threaten against BSR benchmarks to confirm we are livelihoods. Vulnerable communities will maintaining our commitment and adjusted the be disproportionately harmed by rising wages of two employees in Canada who had temperatures and the related safety and fallen below updated benchmarks. water scarcity risks. • Joining the IDH business call to action on Our supply chain includes many communities living wages. that will be impacted if the world does not take • Joining the new Living Wage for US initiative bold action. As such, we are committed to doing as affiliate members. our part to act on climate change. • Co-chairing the AIM-Progress Living Wage and Income Working Group and co-authoring Read more about our climate the AIM-Progress Better Business Through commitments on page 49. Better Wages Statement. • Co-funding the development of the IDH Manufacturing Salary Matrix. • Developing an internal analytics dashboard to visualize all Hershey employee wages against multiple living wage benchmarks • Working with the research firm Ipsos, we have put in place a new biannual impact assessment methodology to capture data on cocoa farmer income in Cote d’Ivoire and Ghana. For more information on Ipsos, see our Cocoa chapter on page 28.