DEERFIELD, ILL. — Mondelez International, Inc. has met several of its well-being snacks targets ahead of schedule and is on track to complete the rest, the company said in its 2016 Impact for Growth Progress Report.
In 2013, Mondelez laid out a series of well-being snack goals to be achieved by 2020. Since then, the company has grown its Better Choice options to 26% of its portfolio, exceeding the company’s set 25% goal. Mondelez’s portion control options have also exceeded the goal, having grown by 39% vs. the set 25% goal. The company also has increased whole grains by 25%, three years ahead of schedule, and has achieved its goal of providing calories on the front-of-pack across all its products globally.
Mondelez also has reduced saturated fat by 6% and sodium by 5% in its products, the company said, which puts it on track to achieve 10% reduction of both saturated fat and sodium by 2020.
Additionally, Mondelez has made progress on its sustainability goals, the company said. Since 2013, it has reduced absolute CO2 emissions from manufacturing by 7% and has reduced water use by 18% “at priority locations where water is most scarce,” the company said. Mondelez has eliminated 46,300 metric tonnes of packaging, achieving two-thirds of its 2020 goal.
The company maintained its 100% Roundtable on Sustainable Palm Oil (R.S.P.O.) palm oil goal, with 96% of its palm oil traceable back to the mill. Additionally, 15% of the eggs used in its products in the United States, Canada and E.U. were cage-free, on target to use 100% cage-free eggs in the United States and Canada by 2020 and in the E.U. by 2025.
Lastly, Mondelez increased the reach of its Cocoa Life sustainable cocoa sourcing program by 20%, reaching 92,000 cocoa farmers in over 861 communities, the company said.
“Our future is rooted in helping people snack in a balanced way and enjoy life with products that are safely and sustainably sourced, produced and delivered,” said Irene Rosenfeld, chairman and chief executive officer of Mondelez. “That’s why we focus our efforts on delivering positive change for people and the planet while driving business growth. I’m proud of our strong progress overall and particularly in well-being snacks where we were able to reach many of our targets ahead of schedule. Building on this foundation, we’ll continue to lead with authenticity, integrity and transparency.”
Looking forward, Mondelez said it plans to “evolve its well-being portfolio approach to address areas that are becoming more important to consumers.” The company is focusing its efforts in three growth areas; growing 10 existing well-being brands at twice the rate of the base portfolio, improving the nutrition and ingredient profile of its Power Brands and delivering 15% of revenue from individually wrapped, portion-control snack options that are under 200 calories.
By Rebekah Schouten
Source: Food Business News
Godiva has announced the upcoming departure of CEO Annie Young-Scrivner and the appointment of Nurtac Afridi as her interim replacement. According to Godiva, Young-Scrivner will depart at the end of […]
Rémy Cointreau has acquired a majority stake in champagne producer, Champagne J. de Telmont, for an undisclosed sum. Founded in 1912, the champagne house is located in Damery, in the […]
A European proposal to ban the use of names such as “burger” and “sausage,” as well as descriptive terms like “yogurt-style” and “cheese alternative,” from being used on vegetarian and […]