Thursday, May 12, 2022
Today we published our 2021 Snacking Made Right Report, demonstrating progress against our short- and long-term ESG (Environmental, Social and Governance) goals. The report confirms progress in building a more sustainable snacking company, grounded in creating long-term value for both the business and our stakeholders. We remain focused on leading in areas where we can help deliver more positive impact – including helping to build a thriving cocoa sector, reducing packaging waste and reducing our environmental footprint.
Our ESG strategy and goals prioritize delivering lasting change at scale through innovative and holistic approaches, collaboration for sector-wide transformation and adoption of measurable solutions. Core to our purpose – empowering people to snack right by delivering the right snack, at the right moment, made the right way – ESG remains a long-term value driver at Mondelēz International. The 2021 Snacking Made Right Report demonstrates measurable progress against key areas of focus including more sustainable ingredient sourcing; improved packaging by making our packaging designed for recyclability and removing challenging materials; increased actions to help address climate change; initiatives to advance DE&I; and support for consumer and community well-being.
“A sustainability mindset has long been integrated into our business growth strategy as we continue to create value, make our business more resilient and accelerate our ambition of building a more sustainable snacking company,” said Dirk Van de Put, Chairman and CEO of Mondelēz International. “I am proud of the strong progress our company has made against our ambitious ESG goals, which are integral to the long-term success of our business and help us address some of the key issues facing the world at large.”
Beyond progress against 2025 goals, we continued to demonstrate an ongoing commitment to advancing our ESG agenda with more ambitious goals, investments and financing to tackle issues like climate change and packaging waste, including:
- Setting a long-term goal of net zero greenhouse gas emissions by 2050
- Investing in Circulate Capital Ocean Fund to support the collection of more plastic waste than the Company currently produces in India and South East Asia
- Issuing our first green bond in September 2021 – at the time the largest issuance in the packaged foods and consumer goods industry
For the full report and more materials, please visit our ESG Reporting & Disclosure page.