Mondel?z International's 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 the Company's 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 Mondel?z 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
2021 progress against the company's ESG goals include:
Sustainable Ingredients
Reaching 209,954 Cocoa Life registered farmers (exceeding the 2022 goal of 200,000 program-registered cocoa farmers)
75% of cocoa volume for chocolate brands sourced through Cocoa Life (+7 percentage points since 2020)
91% wheat volume needed for
100% palm oil volume RSPO certified (since 2014) with 99% traceable to mill and 87% forest monitored
Climate & Environment
21% reduction in Scope 1 and 2 CO2e emissions (baseline 2018)
32% total electricity used in owned operations from renewable energy (+9 percentage points since 2020)
100% use of electricity from renewable sources in
Packaging
95% packaging designed to be recyclable (+1 percentage point since 2020)
On track to use 5% recycled plastic content by 2025 with 0.5% used in 2021 (baseline 2020)
72,100 metric tonnes of packaging materials eliminated (baseline 2013)
Employee & Community Well-being
39% Women in executive leadership1; exceeding goal to double by 2024 (baseline 2018)
5% Black Management representation (
61% Child Labor Monitoring and Remediation Systems (CLMRS) in Cocoa Life communities in
Over
Snacking Mindfully
18% of packs feature Snack Mindfully portion icons (+4 percentage points since 2020)
17% snacks net revenue from portion control snacks (+1 percentage point since 2020)
'This year's report documents important milestones marking 10 years on our sustainability journey, in which we've achieved scale in our signature ingredient sourcing programs Cocoa Life and
Beyond progress against 2025 goals, the Company continued to demonstrate an ongoing commitment to advancing its 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
Issuing the Company's first green bond in
1. Executive leadership defined as Mondel?z Leadership Team plus one
2. Management defined as all banded roles
About Mondel?z International
Mondel?z
About Cocoa Life
Cocoa Life is Mondel?z International's global cocoa sustainability program. Cocoa is the essence of our chocolate and vital to our business, so our goal is 'making cocoa right.' Making it right means tackling the complex challenges that cocoa farmers and their communities face, including climate change, gender inequality, poverty and child labor. Cocoa Life is addressing these challenges holistically across six cocoa-growing countries:
Forward-Looking Statements
This press release contains forward-looking statements. Words, and variations of words, such as 'will,' 'may,' 'expect' and similar expressions are intended to identify these forward-looking statements, including, but not limited to, statements about: the Company's growth strategy and ambition of building a more sustainable snacking company; the Company's ESG strategies, goals, targets and initiatives; and long-term value creation. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Mondel?z International's control, which could cause Mondel?z International's actual results to differ materially from those indicated in these forward-looking statements. Please also see Mondel?z International's risk factors, as they may be amended from time to time, set forth in its filings with the
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