Mondelēz International Sets Science-Based Targets to Reduce Emissions and Create Sustainable Future for Snacking
February 26 2020 - 9:00AM
Mondelēz International, Inc., a global leader in snacking, today
announced a renewed commitment to reduce environmental impact and
drive sustainable growth at scale, by joining the Science Based
Targets initiative (SBTi) and setting greenhouse gas emissions
reduction targets consistent with requirements to keep global
warming well below 2 degrees Celsius.
Already on track to reduce emissions across its manufacturing
operations by 15 percent by the end of 2020, this expanded
commitment will result in a further 10 percent emissions reduction
across Mondelēz International’s value chain, over and above the
impact of business growth – from farm to shelf – by 2025, compared
to a 2018 baseline. The announcement follows Mondelēz International
Chairman and Chief Executive Officer Dirk Van de Put’s signing of
the United for Paris Agreement in December 2019.
“We take climate change very seriously because of the negative
impact it has on people and planet, including within our own value
chain. Our sustainable snacking strategy puts us at the forefront
of sustainable ingredient sourcing and continues our contribution
to addressing climate change by reducing emissions,” said Van de
Put. “Setting science-based targets is an important step
forward in further reducing our environmental impact, an imperative
for sustainable growth as we live our purpose to empower people to
snack right.”
Mondelēz International’s 2025 sustainability goals are focused
on making snacks with less energy, water and waste. These
goals are designed to address climate change in a meaningful way
and are based on an end-to-end, science-based approach to reducing
the company’s carbon footprint, including reducing absolute CO2
emissions from manufacturing and addressing deforestation in key
raw material supply chains. The science-based approach goes
beyond the company’s owned operations (Scopes 1 and 2) and now
includes the end-to-end carbon footprint (Scope 3) including
operations outside of the company’s direct control such as farms
producing raw materials and the production, use and disposal of
packaging materials.
The announcement furthers the company’s commitment to sharing
progress regularly against its sustainability goals. Mondelēz
International will issue its 2019 Snacking Made Right report, which
will include progress toward its sustainability goals, later this
year.
“To date, Mondelēz International has focused on reducing
emissions from company-owned operations and is on track to deliver
against the commitment of reducing 15 percent absolute
manufacturing emissions by the end of 2020 compared to a baseline
of 2013,” said Christine Montenegro McGrath, Vice President of
Sustainability and Global Impact at Mondelēz International.
“This new commitment addresses end-to-end greenhouse gas
emissions reductions which include indirect emissions across the
value chain and beyond the company’s direct control. This
announcement is another indication of our company’s commitment to
sustainable growth at scale alongside enhanced disclosure and
reporting of progress in an effort to deliver meaningful
change.”
Company recognized by Dow Jones Sustainability
IndexMondelēz International continues to be recognized for
its economic, environmental and social contributions. Each year
since the company was created in 2012, Mondelēz International has
been listed on the Dow Jones Sustainability Index (“DJSI”) – World
and North American Indices. The DJSI selects the top 10% of global
companies and top 20% of North American companies based on an
extensive review of financial and sustainability programs within
each industry. Mondelēz International is in the 95th percentile of
its industry and achieved perfect scores in the areas of health
& nutrition and addressing water-related risks. The company
remains committed to continue this, and other related work in the
areas of sustainable resources and agriculture, well-being snacks,
community partnerships and safety of its products and people.
About Science Based Targets initiative
(SBTi)The Science Based Targets initiative mobilizes
companies to set science-based targets and boost their competitive
advantage in the transition to the low-carbon economy. It is a
collaboration between CDP (Carbon Disclosure Project), the United
Nations Global Compact, World Resources Institute (WRI), the World
Wide Fund for Nature (WWF) and We Mean Business.
The initiative defines and promotes best practice in
science-based target setting, offers resources and guidance to
reduce barriers to adoption, and independently assesses and
approves companies’ targets. For more information, follow
@sciencetargets and visit sciencebasedtargets.org
About Mondelēz InternationalMondelēz
International, Inc. (NASDAQ: MDLZ) empowers people to snack right
in over 150 countries around the world. With 2019 net revenues of
approximately $26 billion, MDLZ is leading the future of snacking
with iconic global and local brands such as OREO, belVita and LU
biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour
Patch Kids candy and Trident gum. Mondelēz International is a proud
member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones
Sustainability Index. Visit www.mondelezinternational.com or follow
the company on Twitter at www.twitter.com/MDLZ.
Contacts: |
Maggie McKerr |
|
(847) 943-5049 |
|
news@mdlz.com |
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