The consequences of climate change are everywhere and escalating, and combating it is the challenge of our lifetime. We are taking action like never before and building on our progress in reducing our end-to-end carbon footprint and working toward our long-term goal of net zero carbon emissions by 2050. We have announced our target to reach net zero greenhouse gas emissions by 2050 across our full value chain. As part of this goal, we have signed the Science Based Targets initiative’s (SBTi’s) Business Ambition for 1.5 C, aligning our long-term emissions mitigation targets with the aim of lifting temperature rise in accordance with the Paris Agreement. In addition, we have joined the United Nations Race to Zero Campaign to help build momentum towards a decarbonized economy.
Achieving net zero is no easy task but we have set a clear path and know what we have to do to steer toward our long-term goal. To deliver lasting change at scale, we are prioritizing where we can have the greatest impact, focusing on innovative and measurable solutions, and collaborating to drive sector-wide transformation. We take an end-to-end approach – from field to shelf – to reach our net zero emissions goal by focusing our efforts across key areas including: cocoa, wheat, dairy, renewable energy, oven & refrigerants, logistics and packaging. We are transforming how we do business across 150 countries, tens of thousands of suppliers and hundreds of thousands of farmers. Our differentiated approach to sustainability is focused on driving lasting progress at scale and creating long-term value for our business and stakeholders.
As we adjust our path towards net zero, we continue to deliver against our 2025 commitments, including reducing our absolute end-to-end greenhouse gas emissions by 10% by 2025 (compared to a 2018 baseline), which is equivalent to 23% reduction vs. business-as-usual.
Our targets to reduce CO₂ emissions in our operations and across our lifecycle constitute a concrete approach to mitigating climate change risks. We focus on tackling deforestation through more sustainable sourcing of these four key commodities (cocoa, dairy, wheat and palm oil) where our direct purchase has the largest risk of deforestation, so we can make the largest impact to reduce our overall carbon footprint.
We draw on our Lifecycle Assessment (LCA) to help us shape our priorities and focus our efforts to reduce our carbon footprint for maximum effects. Land use change within our supply chain is the largest single contributor to our end-to-end carbon footprint and represents a major opportunity to reduce CO₂ release into the atmosphere.
Statement re: US Chamber of Commerce and Climate
Mondelēz International has memberships in many trade associations, and we do not always agree with all of their policy positions, which we regularly review. The Company supports the Paris Climate Agreement publicly through many avenues, including the Company’s own statements (found here) and support for initiatives such as America is All In, a coalition of companies supporting the Paris Climate Agreement and government policies to address climate change. In instances where the Company does not share certain views of its associations, the Company makes those positions known through the Company’s representatives within those associations. For example, the Company is a member of the U.S. Chamber of Commerce, but the Company does not serve on the organization’s Board and does not share its views on climate policy.