Mondelēz International's Net-Zero Goals Get SBTi Approval
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
