Mondelez
Mondelez
Mondelēz International is a multinational confectionery, food, holding, beverage, and snack food company based in Chicago, operating in over 150 countries. It manufactures a wide range of products including chocolate, cookies, biscuits, gum, and confectionery.
Positive signals
Mondelez has set a target to reduce end-to-end CO2 equivalent emissions by 10% by 2025 compared to 2018 levels, with a focus on Scope 1, 2, and 3 emissions and significant reductions already achieved in Scope 1 and 2 emissions in 2021.
Mondelez achieved a 3.7% reduction in greenhouse gas emissions across its value chain in 2023 compared to its 2018 baseline, applying Greenhouse Gas Protocol principles and working with external partners and suppliers for more consistent carbon reporting.
Mondelez is committed to reducing its carbon emissions and achieving net-zero targets, with actions including sustainable sourcing of palm oil (free from deforestation and exploitation), collaborations with dairy farmers to reduce emissions, investments in renewable energy, livestock management, and tree-planting projects.
Concerns
Ongoing investigation of executives
MEDIUM
Source →Foreign Corrupt Practices Act violation
HIGH
Source →Mondelez's total greenhouse gas emissions in 2021 were 25.44 million tonnes of CO2 equivalents, an increase of 3.4% from 2020, with Scope 3 emissions accounting for approximately 94.4% of the total, highlighting ongoing challenges in reducing value chain emissions.
HIGH
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