Mondelēz International Reports Meaningful Progress Against its “Snacking Made Right” Priorities
April 15 2024 - 3:05PM
Mondelēz International, Inc. (Nasdaq: MDLZ) today released its 2023
Snacking Made Right report, showcasing the company’s meaningful
annual progress against our Environmental, Social and Governance
(ESG) priorities. The report demonstrates the company’s continuing
efforts to build a more sustainable snacking company, focused on
offering the right snack, for the right moment, made the right
way.1
This year’s report is part of the company’s ongoing effort to
provide our stakeholders with transparent, measurable information
on our ESG goals, policies, initiatives, and programs.
Key elements of this year’s progress include championing mindful
snacking; combating climate change through science-based targets,
including earning SBTi validation for our net-zero emission
reduction roadmap; growing our signature Cocoa Life sourcing
program; advancing diversity, equity and inclusion; and
prioritizing collaboration to help drive lasting, sector-wide
change.
“I am incredibly proud of our work in 2023 to continue meeting
evolving consumer preferences and delivering strong results while
making meaningful progress against our ESG priorities, said Dirk
Van de Put, Chairman and CEO of Mondelēz International. “We made
this progress despite ongoing global inflation and economic
uncertainty, a testament not only to the power of our iconic
brands, but also to our focused and strategic approach to
sustainable growth.”
The company’s approach to delivering progress is two-pronged,
starting with transforming business operations, including working
closely upstream and downstream in supply chains, while playing a
leadership role in industry and sector partnerships focused on
driving collaboration and collective action.
In the past year, the company made considerable headway towards
our 2025 goals, including:
- Evolving our approach towards mindful snacking through
enhancing nutrient and ingredient profiles, promoting active
lifestyles and empowering consumers to make more mindful eating
choices.
- Scaling regenerative agricultural practices across Cocoa Life,
our signature sourcing program, helping to reduce deforestation and
contributing to Scope 3 carbon reductions.
- Reducing our climate impact through tangible actions, including
transitioning to renewable energy sources across many of our
manufacturing facilities, as well as sourcing nearly half of
electricity at manufacturing sites from renewables, up from more
than 40% in 2022.
“This work creates value for our business and helps enable our
future growth by making our business more resilient,” said
Christine Montenegro McGrath, SVP, Chief Impact and Sustainability
Officer. “Looking ahead, we aim to further sharpen, amplify and
accelerate our impact across our priority areas. We are also
focused on evolving to meet expanding regulatory requirements and
remain committed to transparency in sharing our progress. I am
grateful for the passion, drive and ownership Mondelēz
International team members bring to their roles every day as we
continue to drive positive impact at scale.”
About Mondelēz International
Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to
snack right in over 150 countries around the world. With 2023 net
revenues of approximately $36 billion, MDLZ is leading the future
of snacking with iconic global and local brands such as Oreo, Ritz,
LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as
well as Cadbury Dairy Milk, Milka and Toblerone chocolate. 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.
____________________1 We aim to regularly and transparently
report our progress. You can find additional details on Mondelēz
International’s ESG goals and reported information within the About
This Report section of our 2023 Snacking Made Right Report.
Contacts: |
Maggie McKerr1-847-943-5678news@mdlz.com |
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