Press release
Mondelēz 2021 Snacking Made Right Report: Climate Action
NORTHAMPTON, MA / ACCESSWIRE / November 10, 2022 / Mondelēz InternationalFrom droughts and wildfires to devastating flooding and the chronic impact on our
About this update from Mondelez International, Inc.
[{"type":"text","content":"NORTHAMPTON, MA / ACCESSWIRE / November 10, 2022 / Mondelēz InternationalFrom droughts and wildfires to devastating flooding and the chronic impact on our biosphere, wildlife and humankind - the consequences of climate change are everywhere and escalating. Combating climate change is the challenge of our lifetime, and we're taking action like never before. We're building on our progress in reducing our end-to-end carbon footprint and working toward our long-term goal of net zero carbon emissions by 2050. In doing so, we're transforming how we do business across our entire supply chain - from farmer's field to shop shelf.\"For the last several years, we've worked with the Science Based Targets initiative to reduce our emissions footprint and with our net zero target, we are accelerating our efforts to create a more sustainable snacking company. We're transforming how we do business across our operations and with the suppliers and farmers we work with - from seeking to improve cocoa farming practices in West Africa to promoting regenerative agriculture in wheat fields in the Midwest United States.\"- Dirk Van de Put, Chairman and CEO, Mondelēz InternationalJoining the Race to Net ZeroFor the past few years we have been on a path to reduce our carbon emissions and in 2021 we took a key step forward - committing to a goal of net zero greenhouse gas emissions across our full value chain by 2050. As part of the goal, we have signed the Science Based Targets initiative's (SBTi's) Business Ambition for 1.5°C, aligning our long-term emissions mitigation targets with the aim of limiting temperature rise in accordance with the Paris Agreement. We've also joined the United Nations Race to Zero Campaign to help build momentum towards a decarbonized economy.Defining Net Zero CarbonThe SBTi Net-Zero Standard defines corporate net-zero carbon as: • Reducing Scope 1, 2, and 3 emissions to zero or to a residual level that is consistent with reaching net-zero emissions at the global or sector level in eligible 1.5°C-aligned pathways • Neutralizing any residual emissions at the net-zero target year and any GHG emissions released into the atmosphere thereafter.A Clear Way ForwardAchieving net zero is no easy task, but we have set a clear path and know what we have to do to steer toward our long-term goal.Our principles for transition:1. We aim to tr...