Skip to main content

Mondelēz International Accelerates Progress in Delivering against its Sustainability and Well-being Goals

Written by Customer Service on . Posted in Public Companies.

Meets or exceeds 2020 sustainability commitments and on track for ambitious 2025 targets
By end of 2019, 63% cocoa volume for chocolate brands sourced sustainably through Cocoa LifeConfirms 93% packaging designed to be recyclable; on-track to reach 100% by 2025
CHICAGO, Ill., May 08, 2020 (GLOBE NEWSWIRE) — Mondelēz International, Inc. (NASDAQ: MDLZ) today published its 2019 Snacking Made Right Report, highlighting the company’s significant progress towards achieving its 2025 sustainable and mindful snacking goals. The report outlines Mondelēz International’s ongoing commitment to lead the future of snacking by leveraging its global scale to deliver positive change.The Snacking Made Right report includes Mondelēz International’s signature sustainable sourcing programs and approaches driven by the company’s purpose – to empower people to snack right by providing the right snack, for the right moment, made the right way. As the world continues to manage the global COVID-19 pandemic, the company believes that purpose is more important than ever before and is committed to advancing its efforts in order to confront the new challenges facing the world.“As we collectively manage the global impact of COVID-19, now more than ever is the time for companies to do what’s right and drive sustainable business growth at scale,” said Dirk Van de Put, Chairman and CEO of Mondelēz International.“At Mondelez International, our purpose-driven approach to sustainability and well-being is focused on reducing our impact on the environment and creating a positive impact on society as part of our mission to lead the future of snacking by delivering the right snack, for the right moment, made the right way. I’m proud of the significant progress we’ve made in 2019 and believe our 2025 Snacking Made Right goals are the right goals to focus on for the future,” said Van de Put.With snacking a growing behavior globally, Mondelēz International is living its purpose of empowering people to snack right by using its scale to create meaningful, lasting change for the better. In 2019, the company made meaningful progress towards creating resilient and sustainable ingredient supply chains, reducing environmental impact and packaging innovation:Sustainable Ingredient Supplies63% cocoa volume for Chocolate brands sourced through the company’s signature sustainable sourcing program Cocoa Life (up 20 pts vs 2018)65% wheat for biscuit brands in Europe sustainably sourced through the company’s Harmony Wheat programMaintained 100% RSPO (Roundtable on Sustainable Palm Oil Goal) palm oil goalEnvironmental Impact15% reduction in CO2 emissions across manufacturing operations27% reduction in priority water usage in areas where water is most scarce21% reduction in waste from manufacturing operationsPackaging Innovation93% of total packaging (both plastic and non-plastic) designed to be recyclableIn addition, in 2019, Mondelēz International made strong progress in well-being to both align the company’s portfolio to contemporary well-being needs as well as encouraging mindful snacking habits through portion control and labelling:16% of global snacks net revenue from portion control snacksGlobal standardization of front-of-pack portion amount labellingReleased today, the company’s Snacking Made Right report confirmed progress against ambitious long-term goals including:Continuing to scale signature sustainable sourcing programsScaling Cocoa Life to source 100% cocoa volume for chocolate by 2025Scaling Harmony Wheat to source 100% wheat for biscuits in Europe by 2022Maintaining 100% RSPO coverage in palm oilScaling child labor monitoring and remediation systems to cover 100% Cocoa Life communities in West Africa by 2025Meaningfully addressing climate change and reducing environmental impactSetting science-based targets to reduce end-to-end CO2 emissions by 10% by 2025, with a focus on protecting and restoring forestsAdvancing packaging innovation and tackling plastic waste100% of packaging designed to be recyclable and labelled with recycling information by 2025Continued support for multi-stakeholder collaboration to tackle plastic wasteAligning portfolio to contemporary well-being needs and encouraging mindful snacking habits20% of net revenue from snacks from portion control snacks by 2025100% Snack Mindfully labelling across packaging globally by 2025“We know consumers are increasingly aware of the impact their choices have on the world and what the companies behind those products stand for,” said Christine Montenegro McGrath, Vice President and Chief of Impact, Sustainability and Well-being at Mondelēz International. “We believe in making our snacks the right way, which means to both create a future in which people and planet thrive and to stand up for what we believe in. Today’s release of our Snacking Made Right report is an important step forward as we continue to demonstrate our progress on that journey.”
For the full report, or to read the at-a-glance summary, please see below:
Snacking Made Right ReportAbout Mondelēz International
Mondelēz International, Inc. (NASDAQ: MDLZ) empowers people to snack right in over 150 countries around the world. With 2019 net revenues of approximately $26 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or follow the company on Twitter at www.twitter.com/MDLZ.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.