NEWS | Industry Updates
Mondelēz delivers Snacking Made Right goals
With the release of its Snacking Made Right report Mondelēz International believes it is on track with it sustainability goals future of snacking. Dirk Van de Put, Chairman and chief executive of Mondelēz
International said: “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,” “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 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.
• Building our pool of deep and diverse talent, making strong progress in our global DEI ambitions for colleagues, culture and communities.
• Evolving our portfolio as we strive to meet a range of consumer nutrition and well-being choices, while promoting mindful portions and active lifestyles. During 2022, Mondelēz International continued leading in helping
to make cocoa right through Cocoa Life - our signature global cocoa sustainability program, with over 230,000 farmers participating as of end of 2022. The company also announced the next phase of Cocoa Life, backed by an additional $600 million through 2030, for a total of $1 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 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.”
New board announcements by World Cocoa Foundation
The World Cocoa Foundation (WCF) has announced the appointment of Christine McGrath as its new Chairman. McGrath is the SVP and chief impact & sustainability officer at Mondelēz International and has more than two decades of experience in the global food industry, with a strong focus on sustainability, innovation, and growth. McGrath is one of the longest serving WCF board members. In addition to McGrath’s appointment, WCF has appointed two new Board Officers: Kojo Amoo-Gottfried, Cargill Managing
Director – Cocoa and Chocolate NA and Indulgence and Tejinder Singh Saraon – MD and chief executive, ofi Cocoa. “I am honoured to take on the role of WCF Chair and look
forward to working with my fellow board members to drive progress towards a more sustainable cocoa sector,” said McGrath. “We have a collective responsibility to address the social and environmental challenges facing cocoa farming communities, and WCF is uniquely positioned to drive positive impact and transformation.”
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