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Mondelēz International shows progress towards 2025 ESG goals in latest report

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Mondelēz International has released its Snacking Made Right Report 2022, showcasing progress towards its 2025 Environmental, Social, and Governance (ESG) goals. The confectionery company has been working on initiatives such as sourcing sustainable ingredients, reducing climate change impact, improving packaging, and advancing diversity, equity, and inclusion (DE&I). Mondelēz International’s global cocoa sustainability programme, Cocoa Life, saw over 230,000 farmers participate by the end of 2022. The company plans to invest an additional $600 million (€554 million) through 2030, bringing the total investment in Cocoa Life to $1 billion (€924 million). Mondelēz International is committed to sustainable growth and impact, with long-term ambitions focusing on net-zero carbon emissions and packaging waste reduction by 2050 while supporting circular economies.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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