Mondelez International : PROGRESSING OUR SNACKING MADE RIGHT AGENDA TOWARDS 2025 ESG TARGETS Differentiated approach creates long-term value for business.
May 20, 2021 at 09:45 am EDT
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Mondelez International - 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 Mondelez 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 Mondelez 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.
Mondelez International, Inc. is one of the world's leading food processing groups. Net sales break down by family of products as follows:
- cookies and snacks (48.9%): Barni, belVita, Chips Ahoy, Club Social, Enjoy Life Foods, Honey Maid, Kinh Do, LU, Oreo, Prince, Ritz, Tate's Bake Shop, Tiger, Triscuit, TUC, Wheat Thins, etc. brands;
- chocolates (29.5%): 5 Star, Alpen Gold, Cadbury, Cadbury Dairy Milk, Côte d'Or, Daim, Freia, Hu, Lacta, Marabou, Milka, Toblerone, etc. brands;
- chewing gums and candies (12.3%): Halls, Clorets, Maynards Bassett's, Sour Patch Kids, Stride, etc. brands;
- cheese and grocery products (6%);
- beverages (3.3%): juices, teas and powdered beverages (Tang brand) and malted beverages (Cadbury Bournvita).
At the end of 2023, the group had 148 manufacturing sites worldwide.
Net sales are distributed geographically as follows: the United States (26.6%), North America (4.2%), Europe (35.7%), Asia/Pacific/Middle East/Africa (19.6%) and Latin America (13.9%).
Mondelez International : PROGRESSING OUR SNACKING MADE RIGHT AGENDA TOWARDS 2025 ESG TARGETS Differentiated approach creates long-term value for business.