Tag: 3BL

Our approach also links our carbon emission-reduction goals, our leadership in sourcing ingredients more responsibly, and our commitment to social sustainability and human rights across our value chain. Every element of our approach reinforces the other. Indeed, our ingredient-sourcing programs are where most of our carbon emissions-reduction work and social sustainability efforts live. So as part of our signature sourcing programs for our key ingredients, such as cocoa and wheat, we are working towards supporting more resilient landscapes, communities and robust human rights to help provide lasting economic, environmental and social benefits for the communities involved.

CLIMATE RISKS AND RESILIENT COMMUNITIES

For us at Mondelēz International, more sustainable snacking is part of a future where people and planet thrive together. Operating at global scale means we can have a meaningful positive impact by encouraging practices that respect land rights and investing in innovation and technology to increase transparency and measure impact at scale across our supply chain.

Identifying and managing climate change-related risks is part of our ERM process, enabling us to expand and deepen our understanding of our impact on the planet, inform our strategies and ultimately sharpen and enhance our approach. Find out more in Corporate Governance.

Our climate strategy encompasses our goal to decarbonize our end-to-end supply chain by 2050 in line with the SBTi guidance and following recognized carbon accounting standards (GHG Protocol). As such, we are focusing on the reduction of our Scope 1, 2 and 3 GHG emissions.

Our metrics are aligned with the SBTi requirements across our value chain including Scopes 1,2 and 3 reduction targets as well as breaking emissions out into FLAG (Forest, Land and Agriculture) and non-FLAG related emissions. We report on our metrics and goals annually in our Snacking Made Right report and CDP Climate disclosure.

Our approach has followed the recommendations set by the TCFD. We continue to monitor this space so that our approach remains relevant and transparent, and continue to strive to provide our stakeholders with relevant information on climate-related issues.

CLIMATE CHANGE-RELATED RISKS THAT INFORM OUR STRATEGIES

Physical risks include the increasing frequency of extreme weather events and natural disasters, effects on water availability and quality, and biodiversity loss. These impacts increase risks to the global food production and distribution system, and to the safety and resilience of the communities where we live, work and source our ingredients. They could also further decrease food security for communities around the world. Transition risks include increased focus by federal, state and local regulatory and legislative bodies around the world regarding environmental policies relating to climate change, regulating GHG emissions (including carbon pricing or a carbon tax), energy policies, disclosure obligations and sustainability, including single use plastics.

For more details please visit our Annual Report.

OUR CLIMATE RISK STRATEGIES

Key strategies that help to make us more resilient:

1. ENHANCING SOCIAL SUSTAINABILITY AND RESPECTING HUMAN RIGHTS

We strive to make sure that the rights of people in our value chain are respected and promoted, and that the communities where we operate are more resilient. To this end, we focus on key areas for greater impact, including addressing human rights risks in sourcing key commodities, and working to improve living wage and due diligence in our own operations.

Find out more in Social Sustainability & Human Rights.

2. OUR APPROACH TO NET ZERO CARBON

We’ve been on a path to reduce our carbon emissions for several years now, and took a key step in 2021 to set our long-term target of net-zero GHG emissions across our full value chain by 2050.

Most recently, our end-to-end emissions reduction targets of 35% by 2030 and net-zero target by 2050 have been validated by SBTi. This follows our submission of a time bound plan within SBTi’s timeframe, consistent with the 1.5ºC protocol which includes providing documentation of our carbon accounting, aligning to new standards and guidelines, continuing to transform our business operations and supply chains, and transparently reporting progress.

Find out more in Our Carbon Footprint.

3. AIM TO SEEK NO DEFORESTATION ACROSS PRIMARY COMMODITIES BY 2025

Deforestation doesn’t only contribute to global climate change – it also has a serious impact on local communities and ecosystems. At Mondelēz International we’re aiming for the end of deforestation across our primary commodities over the next two years. Our phased approach means we aim for cocoa, palm, soy, and paper materials placed on the market after December 30, 2024 and used by our European business, to be deforestation free – with our goal for other regions to follow by December 31, 2025. The cutoff date is December 31, 2020 in accordance with EU regulations and SBTi guidance. This is the date after which deforestation is counted in a company’s supply chain, meaning that products have to be produced on land that has not been subject to deforestation or forest degradation after 31 December 2020.

When it comes to deforestation, two of the commodities we source – cocoa and palm – are regarded as at-risk. We work closely with our key cocoa and palm suppliers to supply us with deforestationfree cocoa and palm. We also call on our suppliers, including those of soy, pulp and paper, to take steps to end deforestation in their own supply chains.

Our full deforestation free position is available on our website.

Cocoa

It’s been a decade since we launched our signature sustainability program, Cocoa Life, which takes an integrated approach to help tackle the root causes behind the social, economic and environmental challenges faced by cocoa farming. We’ve carefully monitored its progress, mapping the farms registered and partnering with Global Forest Watch to monitor the forests via satellite technology. Cocoa Life continues to grow, and we’re aiming to source all the cocoa volumes we need for our chocolate brands via the program by 2025.

Cocoa Life isn’t the only example of our leadership in this area. It was in 2015 that Mondelēz International first raised the issue of cocoa-driven deforestation at COP21 in Paris. Two years later, we became a founding member – also with the Governments of Côte d’Ivoire and Ghana and 36 other chocolate and cocoa companies – of Cocoa and Forests Initiative (CFI). Today, CFI is a leading publicprivate partnership to help address deforestation and restore forests in cocoa growing areas.

Find out more in Cocoa Life.

Palm Oil

We’ve been RSPO certified since 2013. We gather information on the mills where our direct suppliers source from, which we make public, while at the same time we continue to engage with our direct suppliers to help tackle environmental and social challenges in the supply chain.

The Palm Oil Action Plan (POAP) we have in place makes our suppliers responsible for preventing deforestation in their own operations or supply chains. This requires them to map and monitor all plantations and engage with any that fail to comply.

At Mondelēz International we only account for a small fraction of the total demand for palm oil. To help drive wider change, we’re involved with many other organizations that are also committed to improving the palm oil supply chain across the world. These include bodies like the Consumer Goods Forum Forest Positive Coalition (CGF FPC), the Consumer Goods Forum Human Rights Coalition (CGF HRC), the Palm Oil Transparency Coalition (POTC), the Palm Oil Collaboration Group (POCG) and the Roundtable on Sustainable Palm Oil (RSPO).

Find out more in Palm Oil.

Soy

The comparatively low levels of soy that we buy means we have little direct influence over the sector. That said, we apply CGF sourcing guidelines to purchasing of this ingredient.

We also track indirect emissions from the dairy industry that arise from the use in cattle food of raw ingredients such as soy grown in deforested areas. That gives us the insight we need to buy most of our dairy ingredients from suppliers whose farmers are selective about what they feed their cows. It also helps us engage openly with our suppliers on the need to provide dairy products based on deforestation-free cattle feed.

Pulp and Paper

For pulp and paper, we require the mills and printers that supply us to be Forest Stewardship Council (FSC) certified. As part of our strategy implementation by end of 2025, we aim to leverage chain of custody certification programs to confirm that the virgin paper packaging we use is sourced from sustainably managed forests.

Ending deforestation needs sector-level transformation. We support an approach in which key players along the value chain work collectively to tackle systemic issues at the industry, country and landscape-level. One example is the CGF FPC.

Find out more in Sustainable Packaging.

Raw Materials – Cocoa

Our signature program, Cocoa Life, was created in 2012 to help tackle the complex, interconnected challenges in the cocoa value chain. In 2023, our Cocoa Life program reached around 243,000 cocoa farmers (1), and approximately 85% of the cocoa volume for our chocolate brands was sourced through the program (2).

Two key elements drive our cocoa emissions reduction: agroforestry and farming practices. Conserving the land and forests is important for future generations. Forests help stabilize the climate: They regulate ecosystems, protect biodiversity, drive more sustainable growth – and play an integral part in the carbon cycle. We support farming communities with the right on- and offfarm tree planting activities and apply farm mapping technologies and agroforestry techniques to monitor progress.

Building on our work from 2022, we’re continuing to expand our list of defined customized emission factors that will help us to reduce our carbon emissions intensity. In doing so, we’re using data to translate our interventions in deforestation prevention and agroforestry as well as farming practices into custom emission factors. In our major sourcing countries, this approach is resulting in lower emissions per tonne of product than we would obtain with generic emission factors.

Find out more in Protecting & Restoring Forests.

Raw Materials – Dairy

Dairy is an area in which we have limited scale within the industry, but an important focus area in our footprint. To maximize our efforts, we have taken a two-pronged approach to help reduce carbon.

Find out more in Dairy.

4. INCREASING REGENERATIVE AGRICULTURAL PRACTICES

To help improve agricultural resilience, we’re helping to transform agricultural production into regenerative systems while reducing carbon. We are focusing on agroforestry landscapes, biodiversity and regenerative practices across our key ingredients, including cocoa and wheat. This involves participation in sector-wide initiatives and coalitions with multiple stakeholders.

Find out more in Protecting & Restoring Forests.

“Our climate strategy builds on the foundation of many years of community collaboration, as is seen for example in our signature sourcing programs for key raw materials such as Cocoa Life and Harmony Wheat. It is the combination of social, economic and environmental objectives that we believe holds the key to success.”

Michael Weber 
Senior Director, Climate & Environment, 
Mondelēz International

(1) Reported information for the period from January 1, 2023 to December 31, 2023 covers Brazil, Cameroon, Côte d’Ivoire, Dominican Republic, Ecuador, Ghana, Indonesia, India, and Nigeria unless otherwise stated (which differs from prior years). This data is provided by third parties. Reported information based on latest estimate; independent, third-party verification inprogress. Any updates, if needed, will be included in the ESG Datasheet.

(2) Goal and reported information for cocoa volume sourced is based on a mass balance approach, which means that the equivalent volume of cocoa needed for the products sold under our chocolate brands is sourced from the Cocoa Life program. Reported information for the period from January 1, 2023 to December 31, 2023 includes volumes from cocoa producing countries Brazil, Côte d’Ivoire, Dominican Republic, Ecuador, Ghana, Indonesia, India, and Nigeria unless otherwise stated (which differs from prior years). Excludes markets where Mondelēz International does not sell chocolate brands. Reported information based on latest estimate; independent, third-party verification in-progress. Any updates, if needed, will be included in the ESG Datasheet.

View the full 2023 Snacking Made Right Report

Our approach also links our carbon emission-reduction goals, our leadership in sourcing ingredients more responsibly, and our commitment to social sustainability and human rights across our value chain. Every element of our approach reinforces the other. Indeed, our ingredient-sourcing programs are where most of our carbon emissions-reduction work and social sustainability efforts live. So as part of our signature sourcing programs for our key ingredients, such as cocoa and wheat, we are working towards supporting more resilient landscapes, communities and robust human rights to help provide lasting economic, environmental and social benefits for the communities involved.

CLIMATE RISKS AND RESILIENT COMMUNITIES

For us at Mondelēz International, more sustainable snacking is part of a future where people and planet thrive together. Operating at global scale means we can have a meaningful positive impact by encouraging practices that respect land rights and investing in innovation and technology to increase transparency and measure impact at scale across our supply chain.

Identifying and managing climate change-related risks is part of our ERM process, enabling us to expand and deepen our understanding of our impact on the planet, inform our strategies and ultimately sharpen and enhance our approach. Find out more in Corporate Governance.

Our climate strategy encompasses our goal to decarbonize our end-to-end supply chain by 2050 in line with the SBTi guidance and following recognized carbon accounting standards (GHG Protocol). As such, we are focusing on the reduction of our Scope 1, 2 and 3 GHG emissions.

Our metrics are aligned with the SBTi requirements across our value chain including Scopes 1,2 and 3 reduction targets as well as breaking emissions out into FLAG (Forest, Land and Agriculture) and non-FLAG related emissions. We report on our metrics and goals annually in our Snacking Made Right report and CDP Climate disclosure.

Our approach has followed the recommendations set by the TCFD. We continue to monitor this space so that our approach remains relevant and transparent, and continue to strive to provide our stakeholders with relevant information on climate-related issues.

CLIMATE CHANGE-RELATED RISKS THAT INFORM OUR STRATEGIES

Physical risks include the increasing frequency of extreme weather events and natural disasters, effects on water availability and quality, and biodiversity loss. These impacts increase risks to the global food production and distribution system, and to the safety and resilience of the communities where we live, work and source our ingredients. They could also further decrease food security for communities around the world. Transition risks include increased focus by federal, state and local regulatory and legislative bodies around the world regarding environmental policies relating to climate change, regulating GHG emissions (including carbon pricing or a carbon tax), energy policies, disclosure obligations and sustainability, including single use plastics.

For more details please visit our Annual Report.

OUR CLIMATE RISK STRATEGIES

Key strategies that help to make us more resilient:

1. ENHANCING SOCIAL SUSTAINABILITY AND RESPECTING HUMAN RIGHTS

We strive to make sure that the rights of people in our value chain are respected and promoted, and that the communities where we operate are more resilient. To this end, we focus on key areas for greater impact, including addressing human rights risks in sourcing key commodities, and working to improve living wage and due diligence in our own operations.

Find out more in Social Sustainability & Human Rights.

2. OUR APPROACH TO NET ZERO CARBON

We’ve been on a path to reduce our carbon emissions for several years now, and took a key step in 2021 to set our long-term target of net-zero GHG emissions across our full value chain by 2050.

Most recently, our end-to-end emissions reduction targets of 35% by 2030 and net-zero target by 2050 have been validated by SBTi. This follows our submission of a time bound plan within SBTi’s timeframe, consistent with the 1.5ºC protocol which includes providing documentation of our carbon accounting, aligning to new standards and guidelines, continuing to transform our business operations and supply chains, and transparently reporting progress.

Find out more in Our Carbon Footprint.

3. AIM TO SEEK NO DEFORESTATION ACROSS PRIMARY COMMODITIES BY 2025

Deforestation doesn’t only contribute to global climate change – it also has a serious impact on local communities and ecosystems. At Mondelēz International we’re aiming for the end of deforestation across our primary commodities over the next two years. Our phased approach means we aim for cocoa, palm, soy, and paper materials placed on the market after December 30, 2024 and used by our European business, to be deforestation free – with our goal for other regions to follow by December 31, 2025. The cutoff date is December 31, 2020 in accordance with EU regulations and SBTi guidance. This is the date after which deforestation is counted in a company’s supply chain, meaning that products have to be produced on land that has not been subject to deforestation or forest degradation after 31 December 2020.

When it comes to deforestation, two of the commodities we source – cocoa and palm – are regarded as at-risk. We work closely with our key cocoa and palm suppliers to supply us with deforestationfree cocoa and palm. We also call on our suppliers, including those of soy, pulp and paper, to take steps to end deforestation in their own supply chains.

Our full deforestation free position is available on our website.

Cocoa

It’s been a decade since we launched our signature sustainability program, Cocoa Life, which takes an integrated approach to help tackle the root causes behind the social, economic and environmental challenges faced by cocoa farming. We’ve carefully monitored its progress, mapping the farms registered and partnering with Global Forest Watch to monitor the forests via satellite technology. Cocoa Life continues to grow, and we’re aiming to source all the cocoa volumes we need for our chocolate brands via the program by 2025.

Cocoa Life isn’t the only example of our leadership in this area. It was in 2015 that Mondelēz International first raised the issue of cocoa-driven deforestation at COP21 in Paris. Two years later, we became a founding member – also with the Governments of Côte d’Ivoire and Ghana and 36 other chocolate and cocoa companies – of Cocoa and Forests Initiative (CFI). Today, CFI is a leading publicprivate partnership to help address deforestation and restore forests in cocoa growing areas.

Find out more in Cocoa Life.

Palm Oil

We’ve been RSPO certified since 2013. We gather information on the mills where our direct suppliers source from, which we make public, while at the same time we continue to engage with our direct suppliers to help tackle environmental and social challenges in the supply chain.

The Palm Oil Action Plan (POAP) we have in place makes our suppliers responsible for preventing deforestation in their own operations or supply chains. This requires them to map and monitor all plantations and engage with any that fail to comply.

At Mondelēz International we only account for a small fraction of the total demand for palm oil. To help drive wider change, we’re involved with many other organizations that are also committed to improving the palm oil supply chain across the world. These include bodies like the Consumer Goods Forum Forest Positive Coalition (CGF FPC), the Consumer Goods Forum Human Rights Coalition (CGF HRC), the Palm Oil Transparency Coalition (POTC), the Palm Oil Collaboration Group (POCG) and the Roundtable on Sustainable Palm Oil (RSPO).

Find out more in Palm Oil.

Soy

The comparatively low levels of soy that we buy means we have little direct influence over the sector. That said, we apply CGF sourcing guidelines to purchasing of this ingredient.

We also track indirect emissions from the dairy industry that arise from the use in cattle food of raw ingredients such as soy grown in deforested areas. That gives us the insight we need to buy most of our dairy ingredients from suppliers whose farmers are selective about what they feed their cows. It also helps us engage openly with our suppliers on the need to provide dairy products based on deforestation-free cattle feed.

Pulp and Paper

For pulp and paper, we require the mills and printers that supply us to be Forest Stewardship Council (FSC) certified. As part of our strategy implementation by end of 2025, we aim to leverage chain of custody certification programs to confirm that the virgin paper packaging we use is sourced from sustainably managed forests.

Ending deforestation needs sector-level transformation. We support an approach in which key players along the value chain work collectively to tackle systemic issues at the industry, country and landscape-level. One example is the CGF FPC.

Find out more in Sustainable Packaging.

Raw Materials – Cocoa

Our signature program, Cocoa Life, was created in 2012 to help tackle the complex, interconnected challenges in the cocoa value chain. In 2023, our Cocoa Life program reached around 243,000 cocoa farmers (1), and approximately 85% of the cocoa volume for our chocolate brands was sourced through the program (2).

Two key elements drive our cocoa emissions reduction: agroforestry and farming practices. Conserving the land and forests is important for future generations. Forests help stabilize the climate: They regulate ecosystems, protect biodiversity, drive more sustainable growth – and play an integral part in the carbon cycle. We support farming communities with the right on- and offfarm tree planting activities and apply farm mapping technologies and agroforestry techniques to monitor progress.

Building on our work from 2022, we’re continuing to expand our list of defined customized emission factors that will help us to reduce our carbon emissions intensity. In doing so, we’re using data to translate our interventions in deforestation prevention and agroforestry as well as farming practices into custom emission factors. In our major sourcing countries, this approach is resulting in lower emissions per tonne of product than we would obtain with generic emission factors.

Find out more in Protecting & Restoring Forests.

Raw Materials – Dairy

Dairy is an area in which we have limited scale within the industry, but an important focus area in our footprint. To maximize our efforts, we have taken a two-pronged approach to help reduce carbon.

Find out more in Dairy.

4. INCREASING REGENERATIVE AGRICULTURAL PRACTICES

To help improve agricultural resilience, we’re helping to transform agricultural production into regenerative systems while reducing carbon. We are focusing on agroforestry landscapes, biodiversity and regenerative practices across our key ingredients, including cocoa and wheat. This involves participation in sector-wide initiatives and coalitions with multiple stakeholders.

Find out more in Protecting & Restoring Forests.

“Our climate strategy builds on the foundation of many years of community collaboration, as is seen for example in our signature sourcing programs for key raw materials such as Cocoa Life and Harmony Wheat. It is the combination of social, economic and environmental objectives that we believe holds the key to success.”

Michael Weber 
Senior Director, Climate & Environment, 
Mondelēz International

(1) Reported information for the period from January 1, 2023 to December 31, 2023 covers Brazil, Cameroon, Côte d’Ivoire, Dominican Republic, Ecuador, Ghana, Indonesia, India, and Nigeria unless otherwise stated (which differs from prior years). This data is provided by third parties. Reported information based on latest estimate; independent, third-party verification inprogress. Any updates, if needed, will be included in the ESG Datasheet.

(2) Goal and reported information for cocoa volume sourced is based on a mass balance approach, which means that the equivalent volume of cocoa needed for the products sold under our chocolate brands is sourced from the Cocoa Life program. Reported information for the period from January 1, 2023 to December 31, 2023 includes volumes from cocoa producing countries Brazil, Côte d’Ivoire, Dominican Republic, Ecuador, Ghana, Indonesia, India, and Nigeria unless otherwise stated (which differs from prior years). Excludes markets where Mondelēz International does not sell chocolate brands. Reported information based on latest estimate; independent, third-party verification in-progress. Any updates, if needed, will be included in the ESG Datasheet.

View the full 2023 Snacking Made Right Report

Brands of CNH took center stage at NAMPO Harvest Day at Bothaville, South Africa, recently.

Setting a new attendance record with 86,474 visitors over four days, NAMPO once again proved to be the pinnacle of agricultural exhibitions in the Southern Hemisphere.

Case IH: Making Farmers Feel at Home With Technology

It was with great pride that Case IH introduced the theme “Feel at Home with Technology” at NAMPO 2024, emphasizing the integration of connected technology for farmers. Their goal was to support farmers in effectively implementing mechanization technology and maximizing existing resources.

Additionally, Case IH unveiled the Case IH Optum tractor, available in 270 and 300 models. This precision-engineered tractor features a 6.7-FPT six-cylinder engine, delivering 202 to 225kW.

New Holland Makes Waves at NAMPO 2024

New Holland made a significant impact at NAMPO 2024, emphasizing groundbreaking technology and sustainability under the theme “We are making waves.” The highlight was the Methane-Powered Tractor, which reduces carbon emissions and offers an environmentally friendly alternative to traditional fuel. Running on a new 6.7-liter engine, it produces 150 hp or 110 kW.

The focus also remained on the renowned Twin Rotor combine-harvester series, known for efficiency and crop handling. New Holland’s commitment to innovation and sustainability sets the stage for next year’s Nampo show.

New Holland Construction: Powering Innovation at NAMPO 2024

The 2024 edition of NAMPO Harvest Day marked a significant triumph for New Holland Construction, serving as a dynamic platform for showcasing advanced technology and fostering meaningful interactions with both existing and potential customers.

The spotlight was on the E215C Excavator, a new addition to New Holland Construction’s lineup. Known for its efficiency, the E215C is equipped with a robust FPT Engine that enhances performance while optimizing fuel consumption. The engine’s 6-cylinder design ensures significant power and torque, making it a standout at the show.

Also featured was the B80C backhoe loader, renowned for its reliability and superior performance, underlining New Holland’s dedication to quality and innovation in construction equipment.

A loud success for CASE Construction

CASE Construction Equipment played a pivotal role at this year’s event, drawing crowds with a standout, LOUD display that embodied their “Make Some Noise” campaign. The vibrant and dynamic CASE stand featured the uniquely graffitied CX220C LC Excavator, which became a main attraction due to its eye-catching urban art style. Other machinery, including the 570SV and 695SV backhoe loaders, the 621F wheel loader, the 885B grader, and the SR150 and SR200 skid steer loaders, highlighted CASE’s dedication to advancing construction practices and durable technology.

Visitors enjoyed the interactive “Make Some Noise Challenge Game”, stepping into a soundproof booth to compete for daily prizes by making noise. The energy was high, and the merchandise store achieved record sales. As CASE reflects on a successful event, they are already gearing up for next year, aiming to lead the way in construction excellence.

Brands of CNH took center stage at NAMPO Harvest Day at Bothaville, South Africa, recently.

Setting a new attendance record with 86,474 visitors over four days, NAMPO once again proved to be the pinnacle of agricultural exhibitions in the Southern Hemisphere.

Case IH: Making Farmers Feel at Home With Technology

It was with great pride that Case IH introduced the theme “Feel at Home with Technology” at NAMPO 2024, emphasizing the integration of connected technology for farmers. Their goal was to support farmers in effectively implementing mechanization technology and maximizing existing resources.

Additionally, Case IH unveiled the Case IH Optum tractor, available in 270 and 300 models. This precision-engineered tractor features a 6.7-FPT six-cylinder engine, delivering 202 to 225kW.

New Holland Makes Waves at NAMPO 2024

New Holland made a significant impact at NAMPO 2024, emphasizing groundbreaking technology and sustainability under the theme “We are making waves.” The highlight was the Methane-Powered Tractor, which reduces carbon emissions and offers an environmentally friendly alternative to traditional fuel. Running on a new 6.7-liter engine, it produces 150 hp or 110 kW.

The focus also remained on the renowned Twin Rotor combine-harvester series, known for efficiency and crop handling. New Holland’s commitment to innovation and sustainability sets the stage for next year’s Nampo show.

New Holland Construction: Powering Innovation at NAMPO 2024

The 2024 edition of NAMPO Harvest Day marked a significant triumph for New Holland Construction, serving as a dynamic platform for showcasing advanced technology and fostering meaningful interactions with both existing and potential customers.

The spotlight was on the E215C Excavator, a new addition to New Holland Construction’s lineup. Known for its efficiency, the E215C is equipped with a robust FPT Engine that enhances performance while optimizing fuel consumption. The engine’s 6-cylinder design ensures significant power and torque, making it a standout at the show.

Also featured was the B80C backhoe loader, renowned for its reliability and superior performance, underlining New Holland’s dedication to quality and innovation in construction equipment.

A loud success for CASE Construction

CASE Construction Equipment played a pivotal role at this year’s event, drawing crowds with a standout, LOUD display that embodied their “Make Some Noise” campaign. The vibrant and dynamic CASE stand featured the uniquely graffitied CX220C LC Excavator, which became a main attraction due to its eye-catching urban art style. Other machinery, including the 570SV and 695SV backhoe loaders, the 621F wheel loader, the 885B grader, and the SR150 and SR200 skid steer loaders, highlighted CASE’s dedication to advancing construction practices and durable technology.

Visitors enjoyed the interactive “Make Some Noise Challenge Game”, stepping into a soundproof booth to compete for daily prizes by making noise. The energy was high, and the merchandise store achieved record sales. As CASE reflects on a successful event, they are already gearing up for next year, aiming to lead the way in construction excellence.

Recently, members of Cascale’s global community gathered for regional events across Southern Europe, DACH (Germany, Austria, and Switzerland), Hong Kong, and Shanghai. These events highlight the power of collaboration and the value of membership in fostering innovation and sustainability in the industry.

Southern Europe Regional Member Event: Barcelona, Spain

May 28, Desigual HQ

The Southern Europe Regional Member Event, held at Desigual HQ in Barcelona, saw the participation of ten Cascale members, including Desigual, Tendam, Mango, Recover, Mayoral, Teddy, Camper, OVS, Benetton, and El Corte Ingles. The event was marked by a warm welcome from Alberto Ojinaga, CEO of Desigual, who emphasized, “The way to compete in the future will be through collaboration.”

Highlights of the event included insightful knowledge sharing and discussion focusing on traceability through Higg FEM insights and harnessing Higg BRM value. Additionally, a comprehensive tool evolution roadmap was co-presented by Worldly and Cascale, detailing the Higg Product Tools roadmap.

DACH Regional Member Event: Munich, Germany

June 6, Gore Fabrics HQ

The DACH Regional Member Event, hosted at Gore Fabrics HQ in Munich, brought together seven members, including Puma, Gore Fabrics, Lenzing, Sympatex, Hugo Boss, Jack Wolfskin, and Marc O’Polo. Achim Loffler, Gore’s strategy and business operations leader, kicked off the event by stressing the importance of integrated sustainability and business strategies.

Members shared valuable insights on using Higg FEM analytics and data for impact and decarbonization. The event also featured an open discussion on the future of regional collaboration, with attendees outlining key topics for future initiatives.

UK Regional Brand Member Event: London, United Kingdom

June 25, Sainsbury’s HQ

The UK Regional Brand Member Event, hosted at Sainsbury’s HQ in London, brought together 13 brands and retailers, including Cascale members Sainsbury’s, ASDA, Avon, Boohoo, Dunelm, Gymshark, John Lewis, M&S, New Look, Next Plc, Rapha, and River Island.

Highlights of the event included valuable insights on navigating legislation and compliance regulations leveraging the Higg Index suite of tools, harnessing the Higg Product Tools, a Higg Index tool roadmap by Cascale and Worldly, and discussions about Tier 2 overlap analyses.

Cascale & Worldly Shanghai Afternoon Social: Shanghai, China

June 27, Li & Fung HQ

The Shanghai Regional Member Event, hosted at the Li & Fung campus in Shanghai, brought together several Li & Fung suppliers and 20 Cascale member representatives. Ed Lam, board executive director of Li & Fung and CEO of LFX, started with a welcome address stating the importance of collaboration between Cascle, Worldly, and LFX.

Attendees had the unique opportunity to meet and connect with Colin Browne, chief executive officer at Cascale, and Scott Raskin, chief executive officer at Worldly. Key topics discussed included alignment of the Higg Index tools with regulations and ESG compliance, performance ratings for sustainable finance, Higg Index verification, and purchasing practices and relationships between brands and manufacturers. View the event photo gallery

Hong Kong Regional Member Event: Hong Kong, China

July 2, Cascale Hong Kong office

Following the Cascale Manufacturer Forum in Shanghai, the Hong Kong Regional Member Event was held for the second year at the regional Cascale office. The event brought together 21 member organizations, including Crystal Group, TAL Apparel, QIMA, ESTS, and GAP Inc.

The event included a fireside chat with Cascale’s new CEO, Colin Browne, and Andrew Martin, executive vice president at Cascale, followed by a Manufacturer Climate Action Program (MCAP) presentation from Joyce Tsoi, senior director of the decarbonization program. Additionally, Crystal Group, a Cascale manufacturer member since 2012, shared their journey with Cascale and the Higg FEM. Discussions focused on driving impact, amplifying manufacturers’ voices, and addressing industry needs such as support for Scope 3 science-based targets and upcoming regulations. The event concluded with an Ask Me Anything session and a networking reception.

These regional events underscore the critical role Cascale plays in convening members to share insights, best practices, and innovative solutions. By bringing diverse voices across the industry together, Cascale fosters a collaborative environment that drives progress towards its shared vision of a global consumer goods industry that gives more than it takes — to the planet and its people. The value of membership lies not only in the access to Cascale’s Higg Index tools and resources but also in the strength of its global community.

Not yet a Cascale member? Click here to learn more about becoming a member.

Recently, members of Cascale’s global community gathered for regional events across Southern Europe, DACH (Germany, Austria, and Switzerland), Hong Kong, and Shanghai. These events highlight the power of collaboration and the value of membership in fostering innovation and sustainability in the industry.

Southern Europe Regional Member Event: Barcelona, Spain

May 28, Desigual HQ

The Southern Europe Regional Member Event, held at Desigual HQ in Barcelona, saw the participation of ten Cascale members, including Desigual, Tendam, Mango, Recover, Mayoral, Teddy, Camper, OVS, Benetton, and El Corte Ingles. The event was marked by a warm welcome from Alberto Ojinaga, CEO of Desigual, who emphasized, “The way to compete in the future will be through collaboration.”

Highlights of the event included insightful knowledge sharing and discussion focusing on traceability through Higg FEM insights and harnessing Higg BRM value. Additionally, a comprehensive tool evolution roadmap was co-presented by Worldly and Cascale, detailing the Higg Product Tools roadmap.

DACH Regional Member Event: Munich, Germany

June 6, Gore Fabrics HQ

The DACH Regional Member Event, hosted at Gore Fabrics HQ in Munich, brought together seven members, including Puma, Gore Fabrics, Lenzing, Sympatex, Hugo Boss, Jack Wolfskin, and Marc O’Polo. Achim Loffler, Gore’s strategy and business operations leader, kicked off the event by stressing the importance of integrated sustainability and business strategies.

Members shared valuable insights on using Higg FEM analytics and data for impact and decarbonization. The event also featured an open discussion on the future of regional collaboration, with attendees outlining key topics for future initiatives.

UK Regional Brand Member Event: London, United Kingdom

June 25, Sainsbury’s HQ

The UK Regional Brand Member Event, hosted at Sainsbury’s HQ in London, brought together 13 brands and retailers, including Cascale members Sainsbury’s, ASDA, Avon, Boohoo, Dunelm, Gymshark, John Lewis, M&S, New Look, Next Plc, Rapha, and River Island.

Highlights of the event included valuable insights on navigating legislation and compliance regulations leveraging the Higg Index suite of tools, harnessing the Higg Product Tools, a Higg Index tool roadmap by Cascale and Worldly, and discussions about Tier 2 overlap analyses.

Cascale & Worldly Shanghai Afternoon Social: Shanghai, China

June 27, Li & Fung HQ

The Shanghai Regional Member Event, hosted at the Li & Fung campus in Shanghai, brought together several Li & Fung suppliers and 20 Cascale member representatives. Ed Lam, board executive director of Li & Fung and CEO of LFX, started with a welcome address stating the importance of collaboration between Cascle, Worldly, and LFX.

Attendees had the unique opportunity to meet and connect with Colin Browne, chief executive officer at Cascale, and Scott Raskin, chief executive officer at Worldly. Key topics discussed included alignment of the Higg Index tools with regulations and ESG compliance, performance ratings for sustainable finance, Higg Index verification, and purchasing practices and relationships between brands and manufacturers. View the event photo gallery

Hong Kong Regional Member Event: Hong Kong, China

July 2, Cascale Hong Kong office

Following the Cascale Manufacturer Forum in Shanghai, the Hong Kong Regional Member Event was held for the second year at the regional Cascale office. The event brought together 21 member organizations, including Crystal Group, TAL Apparel, QIMA, ESTS, and GAP Inc.

The event included a fireside chat with Cascale’s new CEO, Colin Browne, and Andrew Martin, executive vice president at Cascale, followed by a Manufacturer Climate Action Program (MCAP) presentation from Joyce Tsoi, senior director of the decarbonization program. Additionally, Crystal Group, a Cascale manufacturer member since 2012, shared their journey with Cascale and the Higg FEM. Discussions focused on driving impact, amplifying manufacturers’ voices, and addressing industry needs such as support for Scope 3 science-based targets and upcoming regulations. The event concluded with an Ask Me Anything session and a networking reception.

These regional events underscore the critical role Cascale plays in convening members to share insights, best practices, and innovative solutions. By bringing diverse voices across the industry together, Cascale fosters a collaborative environment that drives progress towards its shared vision of a global consumer goods industry that gives more than it takes — to the planet and its people. The value of membership lies not only in the access to Cascale’s Higg Index tools and resources but also in the strength of its global community.

Not yet a Cascale member? Click here to learn more about becoming a member.

Entergy recently welcomed six new faculty members from partner universities to its Entergy Faculty Extern Program across our service area in Arkansas, Louisiana and Mississippi. The program offers STEM educators – in the fields of science, technology, engineering and mathematics – collaborative opportunities, facility tours, job shadowing and hands-on experiences to enhance their understanding of energy careers and better prepare their students.

Originally established in 2019, our extern program was put on hold due to the pandemic and reintroduced in 2023 with expanded offerings, including non-nuclear business functions such as reliability and the reliability control center, providing faculty with insights into various industry aspects.

“The program serves as a transformational agent to how we should see education. It is just not about loading them [students] with theory and knowledge but also emphasizing how important soft skills and communication skills are,” said Dr. Erol Sarigul, associate professor, department of advanced technology, Alcorn State University.

The 2024 program began with an orientation in Jackson, Mississippi, followed by on-site job shadowing in participants’ service areas. Faculty externs gained valuable industry knowledge, enabling them to inspire students and serve as Entergy brand ambassadors in their communities. Since the program’s re-launch, participants have lauded the program for enhancing their ability to connect theory with practice and improving student employability through relevant, practical learning experiences.

“Faculty externs were given an in-depth, inside look at the important work we do each day at Entergy. Entergy subject matter experts and leaders shared their time, talents and knowledge with the faculty externs. As a result, those externs will take new examples to their classrooms, highlight the energy industry as a viable career option and serve as Entergy brand ambassadors in their local communities,” said Krystal Thurman, Entergy’s diverse workforce strategy program manager and Entergy Faculty Extern program lead. “Programs like this do not happen without an immense amount of teamwork, collaboration and desire to make others more successful.”

Entergy’s 2024 faculty externs

Erol Sarigul, associate professor, department of advanced technology, Alcorn State UniversityLin Gong, assistant professor, department of electrical and computer engineering and computer science, Jackson State UniversityFred Lacy, professor and chair, electrical engineering, Southern University and A&M CollegeJiecai Luo, professor, electrical engineer, Southern University and A&M CollegeYasser Ismail, associate professor, electrical engineering, Southern University and A&M CollegeCharles Colen, professor and chairperson, engineering management and technology, University of Arkansas Pine Bluff

The program continues to enrich the talent pipeline by equipping educators with the skills needed to prepare students for success in the evolving energy sector. Learn more about our initiatives to provide training and support for students who are pursuing careers in STEM or energy.

Entergy recently welcomed six new faculty members from partner universities to its Entergy Faculty Extern Program across our service area in Arkansas, Louisiana and Mississippi. The program offers STEM educators – in the fields of science, technology, engineering and mathematics – collaborative opportunities, facility tours, job shadowing and hands-on experiences to enhance their understanding of energy careers and better prepare their students.

Originally established in 2019, our extern program was put on hold due to the pandemic and reintroduced in 2023 with expanded offerings, including non-nuclear business functions such as reliability and the reliability control center, providing faculty with insights into various industry aspects.

“The program serves as a transformational agent to how we should see education. It is just not about loading them [students] with theory and knowledge but also emphasizing how important soft skills and communication skills are,” said Dr. Erol Sarigul, associate professor, department of advanced technology, Alcorn State University.

The 2024 program began with an orientation in Jackson, Mississippi, followed by on-site job shadowing in participants’ service areas. Faculty externs gained valuable industry knowledge, enabling them to inspire students and serve as Entergy brand ambassadors in their communities. Since the program’s re-launch, participants have lauded the program for enhancing their ability to connect theory with practice and improving student employability through relevant, practical learning experiences.

“Faculty externs were given an in-depth, inside look at the important work we do each day at Entergy. Entergy subject matter experts and leaders shared their time, talents and knowledge with the faculty externs. As a result, those externs will take new examples to their classrooms, highlight the energy industry as a viable career option and serve as Entergy brand ambassadors in their local communities,” said Krystal Thurman, Entergy’s diverse workforce strategy program manager and Entergy Faculty Extern program lead. “Programs like this do not happen without an immense amount of teamwork, collaboration and desire to make others more successful.”

Entergy’s 2024 faculty externs

Erol Sarigul, associate professor, department of advanced technology, Alcorn State UniversityLin Gong, assistant professor, department of electrical and computer engineering and computer science, Jackson State UniversityFred Lacy, professor and chair, electrical engineering, Southern University and A&M CollegeJiecai Luo, professor, electrical engineer, Southern University and A&M CollegeYasser Ismail, associate professor, electrical engineering, Southern University and A&M CollegeCharles Colen, professor and chairperson, engineering management and technology, University of Arkansas Pine Bluff

The program continues to enrich the talent pipeline by equipping educators with the skills needed to prepare students for success in the evolving energy sector. Learn more about our initiatives to provide training and support for students who are pursuing careers in STEM or energy.

Viatris is a global healthcare company focused on bringing high-quality medicines to patients through a hybrid approach that bridges the traditional divide between generics and brands, combining the best of both, to more holistically address healthcare needs globally. The diversity of our portfolio, global footprint and our mission to empower people worldwide to live healthier at every stage of life are our foundational strengths.

Our business and operating model is deliberately designed and implemented to deliver on our strategy to build and sustain access to medicine at scale. Underpinned by Viatris’ relevance and success in meeting evolving healthcare needs, we seek to create value for and together with our key stakeholders – the people who trust our medicines every day, the health systems who rely on us, the people who make up Viatris, our partners and the investors who believe in our ability to execute on our ambitious mission.

We are convinced that patients and health systems around the world are best served by a healthcare company applying a well-rounded and longterm approach, maintaining viability while working to manage inherent risks and opportunities, and continuously striving to advance sustainable operations and responsible practices in a focused way.

Our Commitment to Access 

Access is fundamental to our mission. It is not an initiative; it is our business model. It begins with our ability to sustainably deliver quality medicines at scale to people, regardless of geography or circumstance. With an extensive portfolio of medicines to address nearly every health need, a one-of-a-kind global supply chain designed to reach more people with health solutions when and where they need them, and the scientific expertise to address some of the world’s most enduring health challenges, access is central to everything we do.

From our unique vantage point, we touch all of life’s moments, from birth to the end of life, acute conditions to chronic diseases. We see across multiple therapeutic areas to the person at the center of their own unique health journey. We are focused on meeting individual needs, whether with a generic medicine, a trusted brand, an improved version of an existing medicine, or a truly novel therapeutic solution.

We go beyond developing, making and distributing high-quality medicines and work to help find solutions that support resilient systems for health. We have designed our global operations and supply chain to be a reliable and flexible partner to enable access to medicines across the world, constantly adapting to an ever-evolving and increasingly dynamic landscape.

Partnerships and collaborations are critical for meaningful and lasting impact, as are policies and strong healthcare systems that allow for healthy competitive environments. While needs are universal, circumstances are local, and we work with an array of organizations – globally, regionally and locally, public and private – to support sustainable access to medicines at consistent quality standards. We work to connect more people with even more products and services to advance access and health. Ultimately, we know we are stronger together, working collaboratively and relentlessly across our company and with the broader global community, in pursuit of access.

Providing a Sustainable, Diverse and Differentiated Portfolio 

In 2023, Viatris sold more than 80 billion doses of medicine across more than 165 countries and territories, reaching more than 90% of LMICs. We supply medicines for patients across a broad range of major therapeutic areas. Viatris offers quality treatment options across more than 10 major therapeutic areas covering a wide variety of NCDs and infectious diseases. We also offer support services such as diagnostic clinics, educational seminars and digital tools to help patients better manage their health. We offer a broad and diverse range of product options across all our therapeutic areas, with many categories containing several products in a range of dosage forms, formulations and delivery systems that allow physicians to tailor care for people’s needs.

Meeting Unmet Needs With Added Competencies 

Viatris has announced a well-established strategic vision to build for a future where we remain a relevant partner in meeting unmet needs and supporting healthcare systems across the globe, in an ever-evolving landscape. In 2023, we worked diligently to build a strong foundation for executing on the next phase of our strategic plan, including making significant progress on our previously announced divestitures. More information about the divestitures is provided on page 89.

We are not changing who we are; we are focusing on our core competencies and adding to our capabilities to better meet unmet needs. We intend to continue building on our strong existing access-driven base business while diligently pursuing important new opportunities, with a clear focus on limited-competition complex generics and novel products targeting gaps in care, all with a first-to-market emphasis where our scientific and development expertise can help further accelerate access. In addition to novel products, we will continue to focus on making improvements to existing molecules, including new formulations, to better meet the needs of people worldwide. Complex product categories are critical to patient health and are growing at a rapid pace. Our goal is to enhance our proven scientific capabilities and current global platform, ultimately seeking opportunities to further advance reliable access to medicine and unlock shareholder value.

We regularly review the products we currently provide across different markets, which may periodically lead to expanded registration of products with unmet need or rationalization of products that are no longer viable or in demand. Throughout this process, we work to carefully consider the availability of alternatives for patients to avoid disruption of critical medications.

Deep In-House Development Capabilities and a Diverse Pipeline 

We expect to expand further into development of more innovative molecules, including new chemical entities (NCEs) and improved versions of existing products, such as those filed through the U.S. FDA’s 505(b)(2) pathway.

We have a strong pipeline across eye care, complex injectables and novel products and more than 98% of expected new product launches by 2023 are either launched, approved or pending approval. During the past year, we integrated Oyster Point and Famy Life Sciences acquisitions and successfully created our Eye Care Division. Over 2023, we further advanced our pipeline across complex injectables, novel and complex products. We have a proven track record of delivering industry firsts that have enabled us to address some of the world’s most enduring health challenges.

In 2023, we advanced many new products addressing diverse needs, spanning generic medicines, improvements to existing molecules and novel products. We launched Breyna™ (budesonide and formoterol fumarate dihydrate) Inhalation Aerosol, the first U.S. FDA-approved generic version of Symbicort® to use for certain patients with asthma or chronic obstructive pulmonary disease (COPD). We received positive top-line phase 3 trial results for Yupelri® (revefenacin) in China, an important step in advancing access to this treatment for COPD. The U.S. FDA approved RYZUMVI™1 (phentolamine ophthalmic solution) 0.75% eye drops for the treatment of pharmacologically induced mydriasis. We also received U.S. FDA tentative approval of a strawberry-flavored, single tablet regimen for oral suspension – the fixed-dose combination of abacavir, dolutegravir and lamivudine – that will reduce the pill burden for children living with HIV across low- and middle-income countries.

In 2024, we acquired the development programs and certain personnel related to Selatogrel and Cenerimod from Idorsia, a Swiss biotech company. This collaboration is an important step in expanding our portfolio of innovative assets with great potential to help bridge gaps in treatment. The products in development are Selatogrel, under investigation for the treatment of heart attacks, and Cenerimod, under investigation for the treatment of systemic lupus erythematosus (SLE).

In line with our mission, we look forward to leveraging our proven track record to pursue opportunities across our diverse portfolio and pipeline to bring access to new and improved treatments for the benefit of people worldwide.

View the full 2023 Sustainability Report.

Sources 
1 Viatris announced the launch of the product on April 1, 2024

As part of its supplier diversity program, AEG, a global leader in sports and live entertainment, is helping minority-owned businesses obtain vendor certification through its Vendor Stewardship Program.

The initiative is part of AEG’s broader commitment to creating a more diverse supply chain and aims to help minority-owned businesses gain the critical exposure they need to expand their client base.

Each year, AEG selects three vendors to participate in its Vendor Stewardship Program, offering the business owners financial help with the first year’s certification fees as well as guidance on the certification criteria, and what documentation is needed to complete the application.

For 2024, AEG selected three vendors who with the company’s help have achieved certification as Minority Business Enterprises:

Universal Art Gallery, a Latino-owned custom frame shopUprisers, a women-owned street wear companyTerminal B, a Black-owned scented candle business

“By helping BIPOC, veteran, LGBTQ+, and women-owned businesses navigate the certification process and understand its benefits, AEG opens new doors for these vendors, allowing them to expand their client base and access new markets,” said Christina Tulfo, Supplier Diversity Manager, AEG. “This support is invaluable for businesses that might otherwise struggle to overcome the initial hurdles of certification and growth.”

AEG’s Vendor Stewardship Program works closely with a number of national affinity groups that offer small vendors certification opportunities including the National Minority Supplier Development Council, Women’s Business Enterprise National Council, National Gay & Lesbian Chamber of Commerce, and Veterans In Business Network.

To learn more about AEG’s Supplier Diversity Program, click here.