Mondelēz International bolsters sustainability strategy with 2050 net-zero emissions pledge
UK – American multinational snacking giant, Mondelēz International has pledged to achieve net-zero greenhouse gas (GHG) emissions across its value chain by 2050 as its contribution to efforts to tame rising global temperatures.
As part of its commitment, Mondelēz signed the Science-Based Targets Initiative’s Business Ambition for 1.5 degrees celsius and joined the United Nations Race to Zero Campaign to build momentum toward a decarbonized economy.
Mondelēz said it will initiate interim targets to achieve their zero GHG emissions targets and provide annual progress reviews.
The company will also source all its cocoa for chocolate brands via the Cocoa Life Program by 2025 and its wheat volume for EU biscuits via the Harmony Program by next year.
The maker of Oreo and Cadbury chocolate snacks said it will be working to make its packaging “recycle ready” in the coming four years.
This includes overall virgin plastic use, which should be reduced by 5% and virgin rigid plastic by up to 25% for the same period.
As part of its green manufacturing strategy, Mondelēz has replaced thermal fuels such as natural gas, diesel and gasoline with renewables.
The company plans to double down on these efforts by converting its global manufacturing electricity footprint to renewable energy, reduce food waste by 15% in the manufacturing process and by 50% in distribution.
Plans are also underway to realize energy efficiency for biscuit ovens and steam boilers.
To cutdown emissions from its transport and logistics side of the business, Mondelēz has pledged to invest in green mobility concepts, including electric and hydrogen trucks.
The distribution networks will also be streamlined to be efficient by improving transport routes, truck and container use and by increasing intermodal options.
In launching its net-zero strategy, Mondelez joins a growing group of consumer good companies pledging to rid their operations of GHG emissions.
Nestle, the world largest food company, is the leader in the field with an ambitious goal of achieving net-zero by 2050.
To achieve this goal, the company has pledged to invest approximately US$1.3 billion over the next five years to help its farmers and suppliers transition to using regenerative agriculture practices.
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