Mondelēz International 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 broader goal to provide transparent, measurable information to its stakeholders on its ESG goals, policies, initiatives and programs while seeking to amplify and accelerate the company’s sustainability vision of helping to create a future where people and the planet thrive together.
Last year, the company elevated sustainability as the fourth pillar of its long-term growth strategy. This report illustrated Mondelēz International’s achievements thus far in building a more sustainable snacking company that will help to enable innovation and accelerate long-term growth grounded in the best interests of its stakeholders.
“As we continue confidently into our second decade as a responsible, high-growth, pure-play global snacking company, we are prioritising key areas of Snacking Made Right so we can drive innovative, more sustainable growth the right way for people and the planet,” said Dirk Van de Put, Chairman and CEO of Mondelēz International.
“I am proud that at Mondelēz International, we are progressing toward achieving our vision during considerable change and challenges. We are demonstrating our clear commitment to leading the future of snacking.”
This year’s Snacking Made Right report illustrated the company’s progress toward its 2025 goals, including sourcing more sustainable ingredients, helping reduce climate change, improving packaging, advancing diversity, equity and inclusion (DE&I) initiatives, and supporting customers, colleagues and communities.
In the past year, the company made considerable headway towards its 2025 goals, including focusing on more sustainable sourcing of key ingredients, lowering climate impact, respecting human rights and increasing packaging design for recyclability.
During 2022, Mondelēz International continued leading in helping to make cocoa right through Cocoa Life, its signature global cocoa sustainability program, with over 230,000 farmers participating as of the end of 2022.
The company also announced the next phase of Cocoa Life, backed by an additional USD 600 million through 2030, for a total of USD one billion investment since the start of the program, to increase its cocoa volume scale, aim to work with nearly 300,000 farmers by 2030 and accelerate its impact.
“At Mondelēz International, we are wholeheartedly committed to going further and faster in 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 net zero carbon and packaging waste goals by supporting circular economies.”
