Mondelēz Issues Update On Impact For Growth 2020 Sustainability Goals
Confectionary giant, Mondelēz International, announced that it has made advanced progress in several of its 2020 sustainability goals. Yesterday (Tuesday 21 August), the group released a progress r...
Confectionary giant, Mondelēz International, announced that it has made advanced progress in several of its 2020 sustainability goals.
Yesterday (Tuesday 21 August), the group released a progress report on its 2017 Impact For Growth aimed for 2020.
The Impact For Growth platform builds on our legacy of delivering positive impact in four key areas: sustainability, well-being snacks, safety and community.
Impact For Growth
“Having a positive impact on our planet and the communities we do business in is core to who we are as a company,” said Dirk Van de Put, Chairman and CEO, Mondelēz International.
“Today, we’re producing snacks more sustainably, with less energy, water and waste; and sourcing our key ingredients in ways that reduce deforestation in our supply chain. We’re empowering farmers and investing in community programs that help improve the well-being of children and their families.”
With regards to sustainability, the group has reduced absolute CO2 emissions from manufacturing by 10%, eliminated over 53,000 metric tonnes of packaging, 80% of its 2020 goal, and, in addition, in areas where water is scarce, Mondelēz has reduced its water use by 25%.
It also announced that it is able to track 96% of its palm oil traceable back to the mill, and 15% of its eggs sourced globally come from cage-free hens.
Mondelēz’ push towards healthier snacks has seen its well-being brands grow at twice the rate of the base portfolio. 12.8% of its revenue came from this segment, which has it on course to meet it’s 2020 goal of 15%.
By investing in community programs that help improve the well-being families, the group also reduced total recordable incidents by 33% and total incident rate by 27% for all employees.
It also allocated over $45 million to healthy lifestyle community partnerships, increasing nutrition knowledge, providing opportunities for physical activity and access to fresh fruits and vegetables.
© 2018 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition.