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Progressing Our Snacking Made Right Agenda Towards 2025 ESG Targets
Differentiated approach creates long-term value for business.
Thursday, May 13, 2021
Today we published our 2020 Snacking Made Right Report, highlighting how our differentiated approach to ESG (Environmental, Social and Governance) is driving global progress against our ambitious 2025 targets and creating long-term value for our business and stakeholders.
Our approach to ESG enables us to build a sustainable snacking company and deliver lasting change at scale by prioritizing where we can have the greatest impact, focusing on innovative and measurable solutions, and collaborating to drive sector-wide transformation. ESG is one of our long-term value drivers, is integrated throughout our business strategy and is core to our purpose – to empower people to snack right by delivering the right snack, at the right moment, made the right way.
“Snacking Made Right is part of everything we do at Mondelēz International. It drives us to take care of our people, to protect our resources, and provide moments of comfort and connection for our consumers around the world” said Dirk Van de Put, Chairman and CEO of Mondelēz International. “Last year our purpose was more important than ever and pushed us to continue to advance our ESG commitments and expand our robust goals. We remain focused on building a sustainable snacking company, minimizing our impact on the environment while being a more diverse, equitable, inclusive and transparent organization, and we are dedicated to accelerating our efforts to lead the future of snacking.”
Our continuous efforts to deliver positive change have led to significant, business-impacting results, such as enhanced sustainable sourcing programs, significant emissions and waste reductions and stronger connections with consumers and customers.
Accelerating Diversity, Equity & Inclusion
In addition, we've stepped up our commitments to diversity, equity & inclusion and enhancing disclosure around progress in this space. In 2020, we announced robust commitments, including spending $1 billion with women- and minority-owned businesses annually and doubling U.S. Black representation in management by 2024, while also appointing our first Chief Diversity & Inclusion Officer. And for the first time this year published our EEO-1 consolidated and full filings while continuing to adopt and publish annual SASB & TCFD alignment indices as part of an ongoing commitment to expanded disclosure and transparency.
For the full report, or to read a summary overview, please visit our ESG Reporting & Disclosure page.