Mondelēz International's Net-Zero Goals Get SBTi Approval
Mondelez International, Inc.
Mondelēz International (MDLZ) announced a milestone in their sustainability journey. The Science Based Targets initiative (SBTi) validated their greenhouse gas reduction goals for 2030 and their ambitious target of reaching net-zero emissions by 2050.
"We are proud to have SBTi approve our 2030 targets and our 2050 net-zero target as it further strengthens our commitment to more sustainable snacking," said Christine Montenegro McGrath, Chief Impact and Sustainability Officer. "We are on our way toward our net-zero ambition and helping make sustainability a reality.”
Mondelēz International's approach to Environmental, Social, and Governance (ESG) prioritises creating large-scale, lasting change. They focus on impactful solutions, measurable progress, and collaboration to drive industry-wide improvements. Their strategy for achieving net-zero emissions tackles key areas and builds upon existing goals.
The company has already made impressive progress in 2023:
Reduced CO2e emissions across their operations.
Increased renewable energy use in manufacturing.
Designed nearly all packaging to be recyclable.
Set themselves on track to eliminate deforestation in key material sources by the end of 2025.
These efforts support Mondelēz International's Vision 2030 strategy, which prioritises sustainability as a core principle.
For more details on their science-based targets, visit the ESG section of their website.
Discover an extensive network of ESG providers here
Source: GLOBE NEWSWIRE
