• $100 Million Commitment to Benefit 75,000 People in Cocoa Farming Communities
• Latest Project in Company’s $400 Million, 10-year “Cocoa Life” Sustainability Effort
• Cocoalife.org Website Debuts to Share Farmers’ Stories and Increase Transparency
DEERFIELD, Ill. – June 4, 2013 – Mondelēz International, Inc., (NASDAQ: MDLZ) the world’s largest chocolate company with billion-dollar brands such as Milka and Cadbury, and global favorites Tobleroneand Lacta, today announced an agreement with the Ivorian government’s Conseil du Café Cacao (CCC) to help farmers increase sustainable cocoa production and create thriving communities in Côte d’Ivoire. Non-governmental organization CARE International will lead Cocoa Life projects in Ivorian cocoa communities through 2016.
“A sustainable cocoa supply begins with thriving farming communities, and more efficient farming leads to farmers’ financial security,” said Christine M. McGrath, Vice President of External Affairs and Cocoa Life at Mondelēz International. “Partnering is key to creating lasting change through our Cocoa Life program, and together with the Ivorian government and CARE International, we’re empowering cocoa farming families to create the kind of communities they and their children want to live in, while promoting gender equality.”
As part of the agreement, Mondelēz International’s Cocoa Life has begun a pilot program in Côte d’Ivoire with CARE International working in 11 villages to help nearly 4,000 farmers boost their cocoa-growing productivity and improve the livelihoods of nearly 40,000 community members. Cocoa Life and CARE have already organized community meetings where farming families discuss their needs and priorities and create Community Action Plans to achieve specific development outcomes, such as expanding farmer field schools on cocoa growing. As gender equality is a key pillar of Cocoa Life, the program has held specific meetings for women farmers so their voices are heard in cocoa communities. Cocoa Life plans to get women more involved in farmer training, farming co-ops and community life, while providing them access to more diversified livelihoods to complement farming.
“At CARE, we know that business can play a vital role in tackling poverty and injustice,” said Balla Sidibe, Country Director of CARE International in Cote d’Ivoire. “For a company like Mondelēz International, that means seeing poor people as vital stakeholders in their long-term success by putting farmers and communities at the heart of their supply chain. By working together on Cocoa Life, we look forward to leveraging our experience and understanding of disadvantaged farmers from poor communities to bring about lasting for communities across Cote d’Ivoire and for the long-term benefit of the business itself.”
Cocoa Life also plans to work with the Ivorian government’s agronomic research arm – CNRA - to fight crop diseases affecting cocoa trees, which has recently impacted cocoa farmers in Côte d’Ivoire. Mondelēz International’s research and development team is sharing its cocoa-growing know-how to help CNRA develop more productive and disease-resistant cocoa trees. Recently, the company’s global Research & Development team spent a week in Côte d’Ivoire to lend its expertise. The group met with local experts to better understand specific, local challenges in the market and how to better collaborate and expand their work. Separately, Mondelēz International plans to collaborate with ANANDER - the Ivorian agricultural extension agency - to boost its farmer training programs.
Mondelēz International’s collaboration in Côte d’Ivoire is an important milestone for its Cocoa Life program, which last November made a $100 million commitment to help 75,000 Ivorian farmers double their productivity. In total, Cocoa Life is a $400 million, 10-year commitment to improve the livelihoods and living conditions of more than 200,000 cocoa farmers and about one million people in cocoa farming communities around the world.
Cocoalife.org Website Will Share Farmers’ Stories and Increase Transparency
Mondelēz International recently launched www.cocoalife.org to empower farmers to share their stories. The site will serve as a platform for increased reporting and transparency to share progress against goals and measures for success. Cocoalife.org also features and array of visuals and supporting materials -- including downloadable videos, photos and case studies of its work in The Dominican Republic, Ghana, Côte d’Ivoire and India.
CARE fights poverty and injustice in 87 countries around the world to help the world’s poorest people find routes out of poverty. CARE also delivers emergency aid to survivors of war and natural disasters, and helps people rebuild their lives in the aftermath.
About Mondelēz International
Mondelēz International, Inc. (NASDAQ: MDLZ) is a global snacking powerhouse, with 2012 revenue of $35 billion. Creating delicious moments of joy in 165 countries, Mondelēz International is a world leader in chocolate, biscuits, gum, candy, coffee and powdered beverages, with billion-dollar brands such asCadbury, Cadbury Dairy Milk and Milka chocolate; Jacobs coffee; LU, Nabisco and Oreo biscuits; Tangpowdered beverages; 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 and www.facebook.com/mondelezinternational.
Forward Looking Statements
This press release contains forward-looking statements, including the outcome of Mondelez International’s efforts to improve productivity and improve the livelihoods of farming communities in Côte d’Ivoire and elsewhere. Words such as “will,” “plan,” “commit,” and similar expressions are intended to identify the forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond Mondelez International's control, and important factors could cause Mondelez International’s actual results and impacts to differ materially from those in the forward-looking statements. For additional information on factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our most recently filed Annual Report on Form 10-K. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.
Richard Buino (Media)
+1 847 943 5678
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