Mondelēz International recently published its Fiscal Year 2022 Snacking Made Right Report, advancing progress against its Environmental, Social and Governance (ESG) priorities and delivering on the company’s mission to lead the future of snacking.
The report is part of the company’s wider goal to provide transparent, measurable information to its stakeholders detailing its ESG goals, policies, initiatives and programs, while looking to accelerate the company’s sustainability vision of helping to create a future where people and the planet thrive.
Last year, the company elevated sustainability as the fourth pillar of its long term growth strategy. The report illustrates its achievements in building a more sustainable snacking company that will help to enable innovation and accelerated long-term growth.
“As we continue confidently into our second decade as a responsible, high-growth, pure-play global snacking company, we are prioritizing key areas of Snacking Made Right so we can drive innovative, more sustainable growth the right way for people and the planet,” explained Dirk Van de Put, Chairman and CEO of Mondelēz International. “I am proud that at Mondelēz International we are making progress toward achieving our vision at a time of considerable change and challenges. We are demonstrating our clear commitment to leading the future of snacking.”
This year’s Snacking Made Right report illustrates Mondelēz’s progress towards its 2025 goals which includes sourcing more sustainable ingredients, reducing climate change, improving packaging, advancing diversity, equity and inclusion (DE&I) initiatives and supporting customers, colleagues and communities.
In 2022, the company continued focusing on making cocoa right through Cocoa Life, its global cocoa sustainability program, registering over 230,000 farmers as participants as of the end of 2022. It also announced the next phase of Cocoa Life, backed by an additional US$600 million through 2030, marking a total investment of $1 billion since the beginning of the program.
“At Mondelēz International, we are wholeheartedly committed to going further and faster in terms of sustainable growth and impact,” said Christine Montenegro McGrath, Senior Vice President and Chief Global Impact and Sustainability Officer at Mondelēz International. “Building on our 2025 public goals, we have bold and targeted long-term ambitions which help us focus, accelerate and scale our efforts, and we are also putting a longer-term focus on working toward our 2050 goals of net zero carbon and packaging waste by supporting circular economies.”
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Editor, International Confectionery
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