Company to focus expanded D&I efforts across key areas of colleagues, culture and communities with commitments to:
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- Double
U.S. Black representation in management by 2024 - Spend
$1 billion annually with minority- and women-owned businesses by 2024 - Appoint Global Chief Diversity & Inclusion Officer
“Mondelēz International is committed to building a more diverse, inclusive and equitable world, both socially and economically,” said
Over the next three years, the company will address local and global opportunities to advance racial equity and economic empowerment by expanding its D&I initiative across three key areas: Colleagues, Culture and Communities.
Colleagues
To ensure the diversity of its colleagues at all levels represent the communities, customers and consumers Mondelēz International serves, the company has committed to double Black representation in
These initiatives will complement the company’s efforts to continue to maintain appropriate pay equity for Black colleagues. In addition, the company will increase the strategic impact of diversity and inclusion within the organization by appointing a Global D&I Officer who will be accountable to the CHRO, CEO and Board of Directors for advancing this important agenda.
Culture
To further strengthen the company’s culture and continue to cultivate an inclusive, bias-free and equitable workplace that enables all colleagues to be themselves and achieve their full potential, Mondelēz International will invest in building cultural competences for all employees and will include D&I performance metrics in business unit and functional goals. The company also plans to mobilize its consumer-facing brands and leverage its partnerships with agencies and advertising platforms to drive change, equity and inclusion. To foster reflection and service in its
Communities
Furthermore, to drive economic inclusion for underrepresented communities, the company will commit to spend
“In a world that can seem more divided than ever, our business and our brands have the power to bring people together and take a stand on this important issue,” said
Today’s announcement builds on the company’s ongoing D&I efforts, including successfully closing its senior-level gap of women in leadership and building the right inclusive leadership behaviors to create a winning growth culture that values differences. The company will report its annual progress against these goals in their Snacking Made Right Report, alongside other Purpose-focused activities and KPIs.
About Mondelēz International
Mondelēz
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Source:
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