Originally published on bloomberg.com

Bloomberg announced the launch of a New York Chapter of the Bloomberg Women’s Buy-Side Network (BWBN), a group focused on elevating and advancing women in the asset management industry. The New York chapter, which was launched in April 2023, is part of Bloomberg’s growing Women’s Buy-Side Networks, which now includes chapters in Brazil, Canada, California, South Africa, Hong Kong, India, Japan, Australia & New Zealand, and Singapore.

Led by senior-level buy-side executives, the chapter will focus on inclusivity, education and connectivity to help bring together women and senior industry leaders to engage in mentoring, sponsorship, and networking activities to help promote women up to management-level buy-side positions. BWBN New York celebrated its launch with a networking event and panel discussion reviewing how women are reshaping the economic landscape.

The BWBN chapters are led by women with senior roles in the asset management space who will advise on the community’s opportunities to benefit women in the industry. The New York Chapter is founded by Emily Chew, Executive Vice President & Chief Responsible Investment Officer, Calvert Research and Management (Morgan Stanley); Deborah Mirabal Polites, Chief Operating Officer of Global Research & Investment Strategy, Carlyle; Lindsay Rosner, CFA, Head of Multi-Sector Investing, Goldman Sachs Asset Management; and Emilia F. Wiener, Chief Investment Officer, General Account, TIAA.

“BWBN is that special kind of group that results in more energy than comes from the sum of its parts,” said Chew. “I’m confident that the enthusiasm and vision of our members, their support and encouragement of one another, will have a multiplying force in New York’s asset management industry. I’m so humbled to be able to serve as a founding member, and to partner with other women and allies to build greater diversity and inclusion in finance.”

“I am thrilled to be a founding member of the BWBN and help develop, elevate and promote female talent in the asset management space,” said Polites. “Diverse perspectives are a critical element for firms to achieve strong performance in our constantly evolving industry and our network is committed to creating to more inclusive and equitable environments. I’m excited to see what our BWBN community will accomplish together.”

“It is an absolute privilege to be a part of BWBN, a network of women who together will raise each other up in this industry where opportunity abounds,” commented Rosner. “I look forward to building this community with my co-founders and peers.”

“It’s an honor to support the launch of BWBN’s New York Chapter and I’m excited to connect with this community to push forward our goal of achieving gender equity in our industry and supporting the women who are navigating their career path within it,” said Weiner.

Established in 2018, BWBN is a community of female senior leaders within the investment management industry, committed to creating a more inclusive and equitable industry. If you are interested in being part of the new chapter, please sign up here and join our LinkedIn group.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

CLEVELAND, November 2, 2023 /3BL/ – KeyBank Community Development Lending and Investment (CDLI) provided $11.3 million for 9% tax credit equity to finance the new construction of Garrett Square Apartments, a 49-unit affordable seniors housing project located in the Glenville neighborhood of Cleveland, Ohio. KeyBank will provide a $9 million construction loan and a $2.3 million permanent loan. Additional permanent financing sources include secondary soft loans of $1.7 million provided through the City of Cleveland’s American Rescue Plan Act, $900,000 from City Home, and $450,00 from the County ERA fund.

Garrett Square will be a four-story midrise building serviced by two elevators located at 1282 E. 125th & 12417 Superior Avenue in Cleveland, available to seniors aged 55 and older. The site is currently occupied with a parking lot and vacant freestanding retail building which will be razed prior to development. The immediate neighborhood consists of single-family homes and commercial uses, with access to public transit and shopping. The project will be partially subsidized with 19 units (39% of the total units) supported by 20-year Project Based Vouchers provided through Cuyahoga Metropolitan Housing Authority (CMHA).

The project sponsor, Volker Development Inc (Volker), is owned and run by a team of experienced real estate development professionals headquartered in Wisconsin with a focus on affordable multifamily projects. Marous Brothers Construction is the general contractor for the project and is one of the leading construction firms in the Midwest.

The Famicos Foundation, a nonprofit organization with more than 20 years of experience managing affordable housing properties, will serve as the property management company of Garrett Square. Famicos will also offer supportive services to enhance resident autonomy, self-determination, and independence. The staff will work alongside the property management team to ensure residents have access to a wide array of programs and social activities to enjoy an improved quality of life. These include financial literacy, cooking classes, gardening programs, emergency preparedness workshops, food delivery and distributions, neighborhood events, healthcare referrals, tax preparation, and access to their legal clinic “Famicos CARES.”

Derek Reed and Greg Kiger of KeyBank CDLI structured the tax credit equity and debt financing for the transaction.

About KeyBank Community Development Lending and Investment

KeyBank Community Development Lending and Investment (CDLI) finances projects that stabilize and revitalize communities across all 50 states. As one of the top affordable housing capital providers in the country, KeyBank’s platform brings together construction, acquisition, bridge-to-re-syndication, and preservation loans, as well as lines of credit, Agency and HUD permanent mortgage executions, and equity investments for low-income housing projects, especially Low-Income Housing Tax Credit (LIHTC) financing. KeyBank has earned 10 consecutive “Outstanding” ratings on the Community Reinvestment Act exam, from the Office of the Comptroller of the Currency, making it the first U.S. national bank among the 25 largest to do so since the Act’s passage in 1977.

About KeyCorp

KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $188 billion at September 30, 2023. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

In a panel discussion led by Cisco within the Energy and Transition stream of Climate Week NYC’s “The Hub Live”, experts explored the topics of “transforming grids globally, and the role of technology, digitalization, and collaboration on the road to renewable expansion.” Cisco Refresh, one of Cisco’s earliest sustainability initiatives, is now in its third decade of existence and continues to make a positive impact on the planet.

Our long-standing programs focused on return and reuse, including our remanufactured products offered through Cisco Refresh, help contribute to our customers meeting their sustainability goals, while also helping us make progress towards our Platform for Accelerating the Circular Economy (PACE) Capital Equipment Pledge. These programs can create a second life for equipment, thereby saving resources required for new manufacturing and reducing waste.

Sustainability at different price points

At Cisco, one of the priorities of our environmental sustainability strategy is to evolve the business to circular. Cisco Refresh can support customers and partners in this transition.

Cisco certified remanufactured equipment meets the same quality standards that you would expect from equivalent new Cisco products, it is attractively priced, ships fast, and is backed by the same Cisco warranty and service options as the equivalent new product. It extends the life of existing equipment and can help different tiers of organizations leverage their IT to reach sustainability goals.

At the same time, remanufactured technologies can serve as a part of purchases. What we recommend is a blended approach to technology purchases—one which uses cutting edge technologies in the parts of your infrastructure where you are seeking performance and efficiency gains, and remanufactured equipment in places where legacy products are meeting your needs just fine. This has emerged as a critical part of Cisco customers’ business strategy.

Environmental footprint improvement

Immediately available, the Cisco Refresh options require just a small fraction of the energy, raw materials, and water it would take to build a new product from scratch. And the remanufactured product goes on to have a second life—or third, or more. It supports sustainability and customers experiencing rapid growth who need access to Cisco technology on short notice.

With this in mind, remanufactured product options are one to recognize when we talk about the future of technology and our planet at Climate Week or any other week for that matter. If you are interested in connecting with us to learn more based on your needs and how you can support circularity and reduce natural resource use by incorporating remanufactured equipment into your sustainability plan, please reach out.

Contact us about the Cisco Refresh program and

Cisco Certified Remanufactured Equipment

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CBRE

CBRE Group, Inc. (NYSE:CBRE) has been named to Forbes’ inaugural Net-Zero Leaders list. CBRE was the highest-ranked commercial real estate services company.

Forbes identified 100 U.S. companies that “are best positioned to reduce their greenhouse-gas emissions and transition to a low-carbon economy by 2050.” The ranking considered a wide range of factors such as the robustness of a company’s climate governance, strategy and risk management, as well as an assessment of how each company’s financial position and competitive strength can overcome industry challenges and economic downturns.

Forbes’ Net Zero Leaders list was created using data from research firms Sustainalytics and Morningstar. It evaluated U.S. public companies with at least $1 billion in revenue.

“We are proud to help point the way to Net Zero in the commercial real estate sector,” said Rob Bernard, CBRE’s Chief Sustainability Officer. “CBRE is driving measurable progress in lowering energy consumption in our own operations as well as the more than 7 billion square feet we manage for our clients globally. We also see significant opportunities to reduce the environmental impact of our supply chain and help to build out EV charging infrastructure.”

CBRE has disclosed several milestones and strategic objectives required to achieve its net zero goal:

— 68% reduction in absolute emissions for corporate operations by 2035

— 79% per square foot reduction for buildings managed for occupier clients by 2035

— 67% per square foot reduction for buildings managed for landlord and building owner clients by 2035

— 100% renewable energy for corporate operations by the end of 2025

— 100% vehicle fleet electrification by the end of 2035

These and other CBRE commitments are highlighted in its Corporate Responsibility Report, published in late May.

About CBRE Group, Inc. 
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange Commission filings and public conference calls and webcasts.

ATLANTA, November 2, 2023 /3BL/ – Georgia-Pacific is committed to supporting those who protect the communities where employees live and work. Since 2006, Georgia-Pacific’s Bucket Brigade program has awarded more than $3 million in grants, educational materials, and other in-kind donations to fire departments across the country. This year, the company provided first responders and volunteer emergency response departments throughout the U.S. more than $640,000 in funding to ensure emergency personnel have essential equipment and infrastructure to respond when help is needed the most.

In Texas, 2023 ushered in a challenging summer with extremely hot and dry weather conditions that sparked wildfires and strained first responders and the equipment they use. Among the many communities that received funds in the state, Corrigan, Texas, received $100,000 as a contribution to a capital campaign to build a new fire station. The city’s police department also received $16,000 that helped equip their police vehicles with defibrillators to assist in medical emergencies. Several other communities in Texas such as Lufkin, Diboll, Fuller Springs, and Hudson in Angelina County received a total of $77,000 from Georgia-Pacific to help with initiatives such as equipment repairs to gas detectors that can sense and identify chemicals in residential and industrial facilities during fire emergencies.

In Michigan, the Owosso Fire Department is the only full-time fire department serving the entire county. The department obtained a new thermal imaging camera, which allows firefighters to see through dense smoke-filled environments, visualize and execute search plans for potential victims, and locate hot spots and hidden fires inside floors, ceilings, and walls, enhancing firefighting capabilities.

Georgia-Pacific also reached out to help the Big Island Volunteer Fire Company in Big Island, Virginia. The city used a $163,000 donation to purchase and construct a new fire truck, which is expected to be delivered in two years.

And in Georgia, the Brunswick Fire Department in Glynn County received $15,000 to buy a dual-tote foam trailer that deploys firefighting foam to combat industrial blazes.

Georgia-Pacific’s commitment to supporting first responders extend beyond monetary donations. The company works closely with these first responders to develop and implement safety protocols and best practices. Georgia-Pacific has also partnered with the National Fire Protection Association to develop a series of guidelines for the safe handling and storage of combustible materials, which have been adopted by many fire departments across the country.

Visit Supporting Our First Responders to learn more.  

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Eleven high-potential business, industrial sites selected for 2023 program, up from four locations identified last yearFrom 2013-2023, the Site Readiness program has evaluated 49 sites in Florida, resulting in $225 million in new capital investment and 1,005 new jobs

ST. PETERSBURG, Fla., November 2, 2023 /3BL/ – Duke Energy has selected 11 properties in Florida for inclusion in its 2023 Site Readiness Program, which prepares high-potential business and industrial sites for economic development investments and markets them nationwide to companies looking to expand or relocate their operations.

“Our communities depend on economic growth,” said Melissa Seixas, Duke Energy Florida state president. “Duke Energy’s Site Readiness Program allows us to play an important role in helping our state, regional and local economic development partners increase the competitiveness of potential industrial land, which in turn results in transformational investment into the communities we serve.”

From 2013-2023, the Site Readiness program has evaluated 49 sites in Florida. Of those 49 sites, 43 are still active There have been six wins of companies that have landed on those properties, resulting in $270 million in new capital investment and 1,040 new jobs into the communities that Duke Energy serves in Florida.

The 2023 Site Readiness Program locations include:

Archer Industrial Site, Alachua County, North-Central Florida 
 Cemex Industrial Site, Hernando County, West Florida 
 Gram’s Legacy Grove Site, Taylor County, North Florida 
 Hamilton 45 Site, Hamilton County, North Florida 
 Hunt Brothers Site, Polk County, Central Florida 
 Marion County Airport, Marion County, North-Central Florida 
 Marlene O’Toole Industrial Park, Sumter County, North-Central Florida 
 Monarch Ranch Site, Sumter County, North-Central Florida 
 MTI Site, Gulf County, North Florida 
 Nutrien White Springs Site, Hamilton County, North Florida 
 Sebring Airport Industrial Site, Highlands County, South-Central Florida

“One of the most important priorities of our North Florida region is to develop an inventory of highly competitive sites to market for economic development,” said Jeff Hendry, North Florida Economic Development Partnership executive director. “Duke Energy’s Site Readiness Program provides robust investment through financial resources, technical assistance and invaluable expertise. This collaboration has taken, and continues to expand, our inventory of competitive sites to an entirely new level.”

For 19 consecutive years, Duke Energy’s economic development efforts have been recognized by Site Selection magazine in the publication’s annual list of “Top Utilities in Economic Development.” Since 2001, the Duke Energy economic development team has helped expand or attract 325 companies to Florida, drawing more than 48,000 jobs and over $5 billion in capital investment to the state.

Duke Energy Florida

Duke Energy Florida, a subsidiary of Duke Energy, owns 10,500 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,600 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company has interim carbon emission targets of at least 50% reduction from electric generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% from electric generation by 2040. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune’s 2023 “World’s Most Admired Companies” list and Forbes’ “World’s Best Employers” list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

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In May 2023, Fifth + Broadway and AllianceBernstein (AB), a leading global investment management and research firm, announced the installation of a honeybee hive on the green deck of the 501 Commerce building in partnership with Alvéole. The installation of the urban honeybee hive occurred earlier this month, leading up to National Bee Day on May 20. This hive demonstrates the joint sustainability efforts of both Fifth + Broadway and AllianceBernstein.

 Alvéole, a social beekeeping company that establishes hives on city rooftops, recently led the installation of the urban honeybee hive at the Nashville development. Sponsored by AllianceBernstein, this honeybee habitat provides a hive and home for the country’s declining bee population within the downtown Nashville corridor.

“We are excited to announce this beehive partnership with Fifth + Broadway,” said AllianceBernstein’s Director of Corporate Responsibility Caroline Everett. “This on-site AB beehive extends our commitment to sustainability beyond our four walls to the downtown Nashville community.”

 Along with the installation of the beehive, Alvéole has also launched an online social presence for “all things bees” at Fifth + Broadway. The website MyHive showcases every hive that Alvéole establishes around the world. Each beehive location has its own page with information, including the numbers of hives and bees, and how many miles the bees travel in a day. The site also alerts followers when the beekeeper will be on site so that people can watch them work with the hives in real time. This platform allows the building’s tenants to regularly follow the hive, while maintaining a continued interest in the hive activity, pollination and harvesting the honey.

According to Senior General Manager for Fifth + Broadway Monika Hartman, “We are thrilled to partner with Alveole to combine environmental initiatives and tenant amenities. We can’t wait to follow the journey of our 5+B AB bees and share the products of their labor with the tenants at 501 Commerce.”

To keep up with all of the latest news about Fifth + Broadway, visit FifthandB.com.

AB hosted “It’s Sweet to Work at ABee,” a conversation featuring Alvéole beekeeper Eddie Roe at its Nashville headquarters, which highlighted AB’s sponsorship of Nashville’s newest urban corporate beehive. AB Employees learned about the beekeeping process, the impact of bees on our ecosystem, and learned about AB’s sustainability journey. Members of Nashville’s Sustainable Employee Wellness Group were invited to an exclusive “meet your bees” session outside with the beekeeper.

Learn more about AB’s approach to responsibility here.

Nonwovens Industry recently named Kimberly-Clark as a Top 40 Nonwovens Industry Company in recognition of the role nonwovens continue to play as a key driver of innovation and growth for both our business and brands. Lori Shaffer, vice president of global research and engineering, was featured in a profile where she shared insights into our ongoing commitment to nonwovens, evidenced by the expansion of our Corinth, Mississippi manufacturing facility. This investment further supports our three core objectives of enhancing skin health, delivering garment-like comfort and advancing sustainability to deliver benefits for our consumers.

“Growth and sustainable innovation/practices should go hand-in-hand. Our 2030 ambition to advance the well-being of 1 billion people in vulnerable and underserved communities with the smallest environmental impact is at the center of everything we do—not just from a global nonwovens standpoint. This is woven into all our brands and plans.” 

Read the full profile here: https://www.nonwovens-industry.com/heaps/view/11850/2/489542

About Kimberly-Clark 
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people’s most essential needs, we create products that help individuals experience more of what’s important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions in approximately 80 countries. We use sustainable practices that support a healthy planet, build strong communities, and ensure our business thrives for decades to come. We are proud to be recognized as one of the world’s most ethical companies by Ethisphere for the fifth year in a row. To keep up with the latest news and to learn more about the company’s 150-year history of innovation, visit kimberly-clark.com.

SAN FRANCISCO, AMSTERDAM, and HONG KONG, November 2, 2023 /3BL/ – Today, in partnership with Worldly, the Sustainable Apparel Coalition (SAC) launched the Higg Facility Environmental Module (FEM) 4.0 tool. This update marks an industry milestone in sustainability reporting to meet pressing environmental issues and industry standards, positioning Higg FEM 4.0, part of the Higg Index suite of tools, as the most applicable and leading assessment for environmental performance in the consumer goods industry.

Enabling more accurate reporting

As well as offering improved and more streamlined usability, Higg FEM 4.0 delivers better data quality. Featuring a new anomaly detector designed to flag inconsistencies, Higg FEM 4.0 provides more accurate reporting, ultimately enabling a more accurate environmental assessment of the industry.

Broader coverage of critical environmental issues

The tool also offers a deeper look at key environmental issues such as groundwater and soil contamination to help the industry make improvements at a global scale on critical issues. The new tool aligns with key global standards – including the GHG Protocol, the SBTi, and ZDHC Roadmap to Zero – to drive emissions reductions and reduce duplicative reporting. Additionally, Higg FEM 4.0 includes targeted questions that are more relevant to a facility’s processes, weeding out questions that are irrelevant.

Jeremy Lardeau, VP of the SAC Higg Index says, “Higg FEM 4.0 will bring impactful and necessary changes – from improved data quality to alignment with relevant industry standards, the updated tool offers a wide range of benefits to ultimately reshape how sustainable decisions are made along the supply chain.”

Industry led update

Higg FEM 4.0 was built on member and stakeholder feedback collected over the past two years It reflects the input of over 140 representatives across 12 Member Expert Teams (METs), including 62 representing manufacturers, 57 representing brands/retailers, 10 service providers, and five representing affiliate members. The METs, the FEM Strategic Council, partner organizations, and members all provided insights and feedback. The insights collected helped to shape the FEM framework, scoring methodology, question content, and more to build a tool that meets relevant industry standards and protocol. Additionally, Higg FEM 4.0 was tested by over 400 users who provided feedback within the platform. The SAC is excited for end users and stakeholders to experience the widespread benefits of Higg FEM 4.0, and empower them to identify, prioritize and scale sustainability efforts.

Jimmy Summers, Vice President of Environmental, Health, Safety & Sustainability, at Elevate Textiles: “Elevate Textiles is looking forward to the release of Higg FEM 4.0. Higg FEM is an essential part of transparently sharing our verified sustainability metrics and progress with our customers. We also use Higg FEM as a foundational element of our overall sustainability program to ensure that all of our facilities around the world are meeting our expectations and improving their performance towards our facility-level and corporate goals and targets, including our Science-Based Targets for GHG reductions. We actively participated in the Higg FEM 4.0 pilot and are now prepared to ‘raise the bar’ with this more rigorous and beneficial version.”

Alan Chin, Senior Manager, Supply Chain Sustainability, at VF Corporation: “At VF, the Higg FEM assessment enables the company and our brands to measure key Scope 3 supplier-related impacts. VF teams, along with the SAC staff, engage directly with our vendor partners to assess and improve supplier carbon emissions. We are excited about the enhanced ability of the updated Higg FEM 4.0 to deliver actionable data and insights, enabling VF to support impact reductions across our global supply chain.”

James Schaffer, Worldly’s Chief Strategy Officer: “Higg FEM 4.0 is a game changer. In an industry with rapid change in impact reporting and regulation disclosure requirements, Higg FEM 4.0 directly addresses the current sustainability challenges and future needs businesses are facing. We’re proud to host this leading environmental assessment on the Worldly platform and provide businesses the impact intelligence they need. With new customized user experiences for facilities, Higg FEM 4.0 is an assessment tailored to facilities that gives brands visibility into the nuanced impact of their supply chain partners, so together they can identify hotspots and effectively improve their environmental footprint.”

ENDS

About the Higg FEM Tool

The Higg Facility Environmental Module (FEM) tool informs manufacturers, brands, and retailers about the environmental performance of their individual facilities, empowering them to scale sustainability improvements. The Higg FEM provides facilities a clear picture of environmental impacts and helps users identify and prioritize opportunities for performance improvements.

About the Sustainable Apparel Coalition

The Sustainable Apparel Coalition (SAC) is a global, non-profit alliance of over 280 organizations in the apparel, footwear, and textile industry. Initially formed to create standardized sustainability metrics, the SAC has sharpened its focus to driving pre-competitive, collective action across three foundational pillars. As an independent entity, the SAC brings together brands, retailers, manufacturers, NGOs, academics, and industry associations to combat climate change, ensure decent work, and contribute to a nature-positive future. Central to the SAC’s mission is the Higg Index, a suite of comprehensive tools that empower members to measure, evaluate, and improve sustainability performance across the supply chain.

LinkedIn | Twitter | Instagram | Facebook | YouTube

About Worldly

Worldly is the planet’s most comprehensive impact intelligence platform, trusted by 40,000+ major brands, retailers, and manufacturers in fashion, outdoor, home goods, toys, and more. Worldly uniquely collects high-resolution primary data specific to companies’ value chains, operations, and products, providing insight into true impacts across carbon, water, chemistry, and labor. Featuring the most comprehensive source of ESG data for global manufacturers and the largest library of materials and product impacts, Worldly empowers businesses to scale responsibility into their global operations, faster and more accurately. Hosting, connecting with, and supporting the leading industry solutions and methodologies including ZDHC, Bluesign, and the Higg Index – the most widely-adopted measure of sustainability in the apparel industry – Worldly delivers the insights businesses need to reduce their impact, comply with emerging regulatory and financial disclosure requirements, and meet the expectations of a new generation of customers. www.worldly.io

For media enquiries or to request an interview, please contact: Florence@forster.co.uk or joeldelgesso@forster.co.uk

Mondelēz 2022 Snacking Made Right Report

A more sustainable supply of key raw materials such as cocoa, wheat, dairy, and palm oil is critical to the continued growth and success of our business, to the resilience and prosperity of the communities producing these raw materials, and to the protection of the landscapes the ingredients are grown in.

More sustainable production of our key ingredients also contributes to our carbon footprint reduction goals while protecting biodiversity. As a global snacking leader dedicated to making snacking right, we are determined to lead in helping to drive sector-wide transformation for more sustainable sourcing at scale.

Enhancing social sustainability and respecting human rights is key to this goal as is a larger focus on helping to promote and restore biodiversity across the landscapes our business touches. We focus where we believe we can make the greatest difference and help tackle the most important issues to help foster security of supply, care for the environment, and support the people and communities that grow the key ingredients for our well-loved snacks.

Our Progress

230,000 230,000 farmers participated in the Cocoa Life program in 2022, compared to 209,954 in 2021.4

74% Child Labor Monitoring & Remediation Systems (CLMRS) coverage in West African Cocoa Life farming communities vs. 61% in 2021.2

100% Palm oil sourced from suppliers aligned to Palm Oil Action Plan (POAP).

We have a distinctive approach to help drive long-term change for the better at scale. It has a number of key pillars: leading in more sustainably-sourced key ingredients, pioneering approaches that holistically help tackle root issues, helping to drive sector-wide transformation through collaboration, and sharing and learning from impact data assessing the positive progress made by our programs.

OUR 2025 GOAL 

Our ambition is to source our key ingredients – including cocoa and wheat – more sustainably and support economically and socially resilient communities. These two ambitions mutually support and reinforce each other, and are at the heart of our aim to create a future where together people and the planet thrive.

To this end, we have set the following goals:

100% Cocoa volume for chocolate brands sourced through Cocoa Life by 20251

100% Wheat volume needed for Europe business biscuits production grown under the strengthened Harmony Regenerative charter by 20303

“Over the past 10 years through the implementation of our signature sustainable sourcing programs including Cocoa Life and Harmony wheat, we have gathered meaningful data confirming our approach is helping to deliver the type of change we’re aiming to scale for greater impact. We are determined to seize this opportunity to go further, faster.” 

Cathy Pieters 

Vice President Sustainable Ingredients 

Mondelēz International

WHEAT

As one of the world’s leading biscuit manufacturers, we remain focused on sourcing wheat that is grown more sustainably.

Our goal for our European business is to have 100% of the wheat volume needed for our biscuit production grown under the strengthened Harmony Regenerative charter by 20301 while we continue to learn from our North American wheat sustainability programs.

Across Europe and North America, we focus on sourcing the wheat we need for our biscuits in more sustainable ways. We do this through sourcing programs that allow us to work with wheat farmers to help implement advanced agronomy practices that help conserve water, care for the soil, protect and promote biodiversity, and reduce GHG emissions. We also engage with governments and NGOs as part of our commitment to progress, transparency, and continuous improvement.

HARMONY WHEAT

We are expanding our impact with Harmony, our signature European wheat sustainable sourcing program. Our goal for 2030 is to grow 100% of the wheat volume needed for our Europe business biscuits production under our strengthened Harmony Regenerative charter.1

Championing More Sustainable Wheat in Europe Since 2008 

We created the Harmony program 15 years ago with the ambition to change the way wheat is grown in Europe, help limit our impact on the environment, and deliver quality wheat for our biscuits.

Created along the wheat supply chain with farmers, cooperatives, millers as well as agronomists, environment specialists, and NGOs, the Harmony program seeks the commitment of local farmers to follow more sustainable practices in wheat farming. Our Harmony charter champions farming practices that aim at improving soil health, reducing carbon emissions, protecting biodiversity, and preserving water.

Created as the first program of its kind in 2008 with just a handful of farmers, Harmony now collaborates with over 1,300 farmers across seven European countries (Belgium, the Czech Republic, France, Hungary, Italy, Poland, and Spain), uniquely combining scale with a signature local partnership approach. Harmony has developed a strong and unique data reporting system on farming practices that enhances traceability from wheat storage to factory. Our aim is to calculate and monitor a set of economic and agro-environmental performance indicators, such as nitrogen use efficiency, GHG emissions, or pesticides use. Key results are shared with our wheat chain to fuel a continuous improvement approach and our charter is reworked to further reduce our environmental footprint. External audits are conducted by independent and certified organizations (SGS, Bureau Veritas) to confirm compliance with the Harmony charter. 100% of mills, 100% of storage bodies, and 10% of partner farmers are audited every year – over 300 audits were performed in 2022.

OUR GOAL PROGRESS 

98%

At the end of 2022, approximately 98% of the volume of wheat needed to produce our biscuits across our Europe business was grown under the Harmony charter.

Wheat volume needed for Europe business biscuits production grown under Harmony charter:

2019 – 65%

2020 – 76%

2021 – 91%

2022 – 98 %

17 Million Bees 

30 butterfly species

Observed in Harmony fallows at harvest 2022

Expanding Our Impact in 2022 

Approximately 98% of the wheat volume needed for our Europe business biscuits production was grown under the Harmony charter by the end of 2022. We had the aim to reach 100% by the end of 2022 but missed by less than two percentage points because of unfavorable climatic conditions in the last two years, including extreme wet conditions during the harvest in 2021 and drought in 2022. To hedge potential climatic disruptions and evolving needs in our factories, we have started to book additional wheat volumes in the 2022-2023 wheat cycle to help to secure 100% wheat needs coverage in the future.

As protecting local biodiversity, pollinators in particular, is one of the critical challenges in wheat farming, we have multiplied by four the surface of melliferous fallows over the last decade, reaching over 1,800 hectares throughout Europe in 2022. We estimated over 17 million bees and 30 butterfly species in our Harmony melliferous fallows at harvest 2022.

We promote the importance of our Harmony program for the environment to consumers, through TV, digital, in-store, and PR campaigns.

Accelerating Our Progress with Harmony Ambition 2030 

Harmony Ambition 2030 will accelerate the program’s progress through an across-the-board embrace of Regenerative Agriculture, a holistic approach to farming which aims to produce high-quality crops while also restoring the natural rhythm of our surrounding ecosystem.

Harmony Ambition 2030 will focus on making a lasting impact across three key areas: environment, farmers, and consumers.

1. Environment: 

Harmony Ambition 2030 aims to help mitigate climate change and reverse biodiversity losses by implementing a strengthened charter of regenerative farming practices. These practices will help reduce GHG emissions from Harmony wheat fields. For example, we will ask our participating farmers to diversify crop rotation by including legumes to help optimize fertilizer use, the main source of GHG emissions in wheat farming. We will also take an ambitious approach to biodiversity protection in European wheat farming by widening action from Harmony plot to whole farms, and from pollinators to overall wildlife. Harmony farmers will aim to eliminate the most damaging pesticides, including glyphosate and neonicotinoids.

2. Farmers: 

To support Harmony farmers in their transition to Regenerative Agriculture, we will create the Harmony Academy, which will provide farmers with a holistic package of digital and on the ground training. In addition, we will aim to equip farmers with digital tools to help them record farming practices, calculate environmental impact KPIs, and improve the efficiency of reporting. These tools will help empower farmers to measure their own environmental impact, informing and supporting future sustainable decision-making on farms.

3. Consumers: 

A new program, run by Mondelēz International’s own research team, will look to research more sustainable wheat and its impact on quality.

To support Harmony Ambition 2030, the program will be guided by a newly-created Harmony Council. The Council will be an independent panel of scientific experts from external organizations such as Arvalis (a French technical institute run by farmers), INRAE (a world leading research organization in agriculture, food, and environment), and Noé (a biodiversity NGO), who will provide strategic recommendations designed to support our commitment to Regenerative Agriculture.

“Harmony Ambition 2030 is a key part of our sustainability strategy. We are working with our local farmers and partners across Europe to help create an environment where the wheat for our well-loved biscuits is grown in thriving and biodiverse environments. All this is part of our long-term business growth ambition and mission to offer consumers the right snack, for the right moment, made the right way.” 

Peter Seymour 

Senior Vice President Marketing & Strategy, Europe 

Mondelēz International

Investing to Further Develop Knowledge on Climate Change Mitigation in Wheat Farming 

In line with our continuous improvement mindset, we are aiming at identifying new levers for our farmers to support Harmony Ambition 2030, especially to help decrease GHG emissions from wheat production. In 2022, we kicked-off an on-field initiative, implemented in a selection of Harmony cooperatives in various regions of France, with the aim to modernize our biscuit wheat portfolio. We are screening the biscuit wheat varieties based on their optimal environmental, technological and farmer profitability performance in multiple sites. Learnings out of this pilot project will be shared with our wheat chain via the Harmony Academy before being deployed more widely on the field.

“We kickstarted Harmony Ambition 2030 with a test and learn model in France in 2022, with participating farmers sowing Harmony wheat under our new Regenerative Charter for harvest in 2023. This strengthened charter of farming practices was built hand-in-hand with our wheat chain through a series of workshops, including 40 stakeholders and participants. We are excited to take the learnings from this pilot and apply them to a wider European roll-out over the next few years, starting with Belgium in 2023, Central Europe in 2024, followed by Spain and Italy in 2025.” 

Marie Ellul-Karamanian 

Harmony Program Lead 

Mondelēz International

Pioneering More Sustainable Wheat with Our Brands in 2023 

To continue our focus on enhancing biodiversity, we will involve our consumers in a pioneering initiative to help protect wild bees through our Local Heritage Brands. It all starts from a simple insight: wild bees are important (75% of global food crops producing fruits or seeds for human use as food depend, at least in part, on pollinators),1 but they are threatened (40% of pollinators species, especially bees and butterflies, are threatened with extinction),1 mainly due to a lack of food sources and destruction of their habitat.The Harmony program is already addressing the lack of food sources with its actions in favor of biodiversity. Indeed, the charter requires that each participating farmer sets up at least one action in favor of biodiversity, with a specific focus on pollinators, for example dedicating a minimum of 3% of Harmony wheat field to honey fallow flowers or implementing hedges or melliferous intercrops on Harmony fields right after harvest.

As part of the initiative, we are creating bee hotels installed in Harmony melliferous fallows, starting from Spring 2023. These bee hotels have been designed specifically for wild bees, with the support of the NGO Noé, and have been handcrafted in France using natural materials. With approximately 6,000 holes made of different materials, the bee hotels will allow many potential insects to nest and reproduce. To date, we have installed 32 bee hotels in Europe, including 10 in Spain, 9 in France, 8 in Czech Republic, and 5 in Italy, which could in theory allow over half a million new bees to live after the first year. To engage consumers in the protection of biodiversity and the safeguarding of wild bees specifically, four biscuit brands – LU in France, Fontaneda in Spain, Opavia in Czech Republic, and Oro in Italy – have launched this initiative in Spring 2023.

“As farmers, we have a large responsibility to feed the world and it is therefore critical we continue enhancing the health of our soil. The earlier we implement Regenerative Agriculture practices on the ground, the larger the benefits we will have.” 

Pawel Kaczmarek 

Harmony Farmer, 

TopFarms, Poland

NORTH AMERICA WHEAT

Working Together 

In North America, we have been actively working to gather on-farm data to improve measurement of environmental topics like water and GHG emissions, while identifying key impact areas for improvement in both precision agriculture and conservation agriculture. Some of the wheat farmers we are collecting data from have already adopted practices that help protect the soil and optimize fertilizer use, such as using cover crops, implementing crop rotation, and practicing reduced tilling.

Since 2015, we have collaborated with Michigan State University (MSU) and our supplier of soft white winter wheat, Cooperative Elevator Co., an agricultural cooperative based in the thumb of Michigan and established over 120 years ago. Together, we have engaged a group of over 100 family farmers to anonymously track their farming practices, use of inputs such as fertilizer, and their yields. Through this program, participating farmers can track their own year-over-year performance, as well as benchmark themselves versus peers to develop improved agricultural practices while optimizing yields.

Learning Together 

The study shows how these improvements are driven by better data, enabling better decision-making by farmers. Once the project report is ready after each harvest, the growers in the program receive their individual reports and attend an annual meeting where we go over the program’s aggregated data and environmental results. The meeting is hosted by the Cooperative Elevator Co. and the data is presented by their lead agronomist. The growers have the opportunity to ask questions about the data and learn best practices from each other. We also take the opportunity to share an update about our corporate goals, sustainability agenda, and ambition.

Collectively, the program forms a group of common practices with a harmonized goal of producing the highest quality wheat mindful of the ecological footprint. Its success has encouraged the Cooperative Elevator Co.’s agronomy team to make the program’s learnings more widely accessible to all their growers including those outside the program.

Adopting Science-based Tools 

In 2020, after listening and incorporating feedback from growers in the program, we became a member of Field to Market: The Alliance for Sustainable Agriculture. We also adopted Field to Market’s Fieldprint Calculator, an industry standard science-based tool that allows us to gather information on-farm in a more efficient way.

We continue to be an active member, learning from peers in the market and contributing to the evolution of the alliance. In 2022, we deepened our understanding of the metrics gathered and the application of science-based metrics on wheat fields. The results allow us to solidify an on-the-ground baseline and help shape the program with the goal of improving the environmental footprint of the wheat we source.

SUPPORTING THE 4-RS 

“We support our supplier Cooperative Elevator Co.’s 4-R fertilizer placement strategy, whereby trained, certified, and dedicated agronomists determine the Right Source, Right Rate, Right Time, and Right Place for a specific operation in order to allow fields to be farmable for years to come. The aim is to be the best stewards of the land, to make it possible to feed the world for years to come.” 

To learn more visit the Coop Elevator’s website.

DAIRY

We continue to work closely with farmers and other partners to enhance the sustainability of our dairy sourcing.

OUR GOAL PROGRESS 

73%

Dairy supply sourced from suppliers with formal animal welfare standards.2

Driving Down Carbon Emissions from Dairy 

Dairy accounts for approximately 21% of our overall carbon footprint, and we are focused on driving this down. By 2025, we aim to reduce end-to-end CO₂e emissions by 10%.1

We see animal welfare as inseparable from the climate impact of dairy farming – there is a clear link between healthy, productive animals and lower emissions. So we are working with farmers on both fronts – to decrease emissions and improve animal welfare. Typical elements for carbon improvement at a farm level include the selection of feed sources, fertilizer and slurry usage, herd health, and yield from forage.

We have initially focused on our liquid milk supply, where we can work with our dairy suppliers. This is a key step towards working with our remaining supplier network to encourage them to monitor carbon emissions on farms, set reduction targets, and report on progress.

Taking Action 

We work closely with dairy suppliers to encourage and support them in measuring CO₂e and taking action to reduce, track, and report on carbon emissions yearly. Currently, suppliers providing 86% of our dairy spend are committed to doing a baseline and starting actions on CO₂e reductions. In 2022, we started a system of grants to support members of cooperatives in the reduction of carbon emissions. Projects are both direct and indirect, including renewable energy, livestock management, and welfare and tree-planting.

Making Progress 

Throughout the year, a number of farmers who we work with across Europe made commitments and progress in reducing carbon emissions.

In the UK and Ireland, 100% of farmers supplying milk for Cadbury Dairy Milk are tracking their GHG emissions on farms and working on action plans to reduce emissions. Approximately 70 farmers in the Selkley Vale group, for example, have completed their baseline and are in year two of their reduction program – to date, achieving an 8% reduction vs. baseline. This is equivalent to taking over 6,000 cars off the road.

85% of dairy farmers who supply Milka in the Alpine region (Lactallis-Ravensburg) have completed their baseline and are also in year two of their reduction program – to date, achieving a 4% reduction vs. baseline.

Moreover, FrieslandCampina Professional has signed a four-year agreement with us to reduce by 14% the carbon emissions of milk supplied by FrieslandCampina’s member dairy farmers. The broad set of on-farm initiatives to work towards achieving this goal range from optimizing water management to improving manure storage and biodiversity.

Testing New Techniques 

Together with Olam Food Ingredients (OFI), we have started a pilot program in Poland with the support of Wageningen University to baseline a number of local farms and test new techniques aiming to reduce 10% of CO₂e by 2025.

With Molkerei Ammerland and Milchlieferunggenossenschaft (MLG), we committed to baseline a number of local farms in northern Germany with the aim to achieve an 8 to 10% reduction of CO2 e by 2025.

In Spain, we have started discussions with our supplier Calidad Pascual to help drive baselining efforts and start a local reduction program.

“Working with Mondelēz International and our suppliers in Poland can allow for traceable improvements of the climate footprint from the dairy farms until the final product. We are collaborating on a sustainability program in Poland to assess, define and implement the interventions needed to reduce the GHG emissions on dairy farms to help meet our shared goals for climate-friendly dairy, paving the way for net-zero and regeneration of natural capital.” 

Andreas Zweifel 

Head of Sustainability Dairy 

OFI

Improving Animal Welfare 

The Alpine Charter also requires farmers to work to continuously improve animal welfare and rewards them for improvements in key animal health indicators, such as somatic cell count and total animal losses.

Our animal welfare programs involve setting clear expectations with our suppliers and taking feedback from external experts to drive continuous improvement. Our supplier expectations are reinforced through regular tracking and reviews via our supplier management process, ensuring that specific topics such as dehorning and antibiotic management procedures are kept high in priority. We also carry out an annual dairy supplier sustainability survey, which captures the percentage of their supply covered by formal animal welfare schemes, including whether farms are subject to third-party animal welfare audits, which welfare schemes and standards are applied, the average arithmetic somatic cell count as an indicator of general herd health, and their policy on the use of antibiotics on their farm. In 2022, approximately 73% of our dairy supply was sourced from suppliers following formal animal welfare standards.

Providing Guidance 

We provide guidance to suppliers, which starts with asking them to know their on-farm GHG emissions footprint and share their plans for reduction by 2025. Suppliers can use any GHG calculation tool provided it follows the International Dairy Federation (IDF) methodology.

The first action we ask suppliers to take is to examine their livestock feed sourcing and to ensure any soy is certified or sourced from a no-deforestation risk location.

Working in Partnership Across Industry Platforms 

Partnerships are critical for achieving our goals. In 2021, we joined the Sustainable Agriculture Initiative (SAI) Platform, to work with industry, research institutes, and peers to advance sustainability in dairy and crops through shared standards and creating consensus to raise the bar. We are participating members in the Dairy working group and Dairy Sustainability Partnership.

We are also supporting Danone’s Margarita program with smallholder dairy farmers in Mexico. Running since 2011, Margarita aims to strengthen dairy farming in Mexico by consolidating resilient business models and farming systems. As part of this program, we are helping to build successful farming businesses that can grow more sustainably with healthy livestock and extended environmental stewardship.

As well as working directly with our suppliers, we recognize the benefits of sector collaboration. This is why we have joined with Field to Market, Cool Farm Alliance and SAI Platform to collaborate on best practices with an aim to advance more sustainable agriculture supply chains.

Cage-free eggs 

We use eggs as ingredients in a few of our products. We are striving for virtually 100% of our egg supply globally to be cage-free by 2025 (excluding Ukraine and Russia), to have a positive impact on animal welfare while maintaining food safety and quality standards.

At the end of 2022, approximately 43% of eggs supplied globally were cage-free, excluding Russia and Ukraine volume.1 

We are part of a joint industry call to the EU Commission and Members of the EU Parliament, seeking a phase out of the use of cages in animal farming, and a revision of animal welfare legislation to ban the use of cages in animal farming across the EU. In other countries and regions where cage-free supplies are more challenged and consumer demand is lower, we engage in dialogue with suppliers, governments, and other stakeholders to encourage the availability of viable cage-free supplies.

Turning Waste into Food for Cage-Free Eggs Chickens

In Vietnam, we have provided seed funding of $30,000 for Green Connect, a social enterprise to scale up and transform food waste and organic trash into feed to raise cage-free eggs chickens. In 2022, Green Connect was able to collect about 5 tonnes of food waste per month from our factory in Vietnam. The aim is to collect 20 tonnes of food waste per month in 2023 (18 tonnes of organic food waste and two tonnes of egg shells).

PALM OIL

We remain fully focused on sourcing palm oil more sustainably – working with partners on all fronts, from tackling deforestation to helping to protect the rights of people along the supply chain.

OUR GOAL PROGRESS 

100%

In 2022, we again achieved our 2025 goal of sourcing 100% of our palm oil from suppliers aligned to our Palm Oil Action Plan (POAP).

Additionally, we continued to achieve 100% Roundtable on Sustainable Palm Oil (RSPO) certified palm oil sourcing in 2022.1

Working Together for Sustainable Palm Oil 

Since we first published our Palm Oil Action Plan (POAP) in 2014, we have been working with our suppliers and across industry to help transition the sector to a more sustainable supply of palm oil.

We believe that when palm oil is produced and supplied responsibly, it has the potential to benefit people and nature thanks to its high efficiency and contribution to socioeconomic progress in the rural locations where it is grown. But we recognize more needs to continue to be done to help ensure the protection and promotion of nature, wildlife, people, and climate. To this end, we support legislation in the EU and elsewhere on the sourcing of deforestation-free palm oil and will work along our supply chain to ensure adherence to enhanced requirements.

Enhancing More Sustainable Sourcing 

We are working with our suppliers with the aim to source palm oil that is free from deforestation, conversion of other natural ecosystems, and exploitation of people. All potential new suppliers of palm oil to our company must successfully complete a robust, third-party supported supplier qualification process. Only suppliers that demonstrate full alignment with our requirements and expectations as outlined in the POAP are approved to supply to us. POAP requirements and expectations are also embedded in our contracts with all existing suppliers of palm oil to our company.

As of the end of 2022, we continued to source 100% of our palm oil from suppliers aligned to the POAP. We also maintained 100% palm oil RSPO Certified.

Assessing Alignment 

We don’t just require suppliers to ensure sustainable and traceable supply to our company. Indeed, we were the first multinational consumer goods company to require suppliers to trace all the oil they sell, not just the oil they sell to us. We track supplier alignment to our POAP and continuous improvement toward more sustainable supply chains, via the Palm Oil Transparency Coalition (POTC) Trader & Supplier Assessment and our annual palm oil supplier questionnaire. The results of these assessments are aligned with our sourcing strategy, where we maintain business with suppliers aligned with our requirements and expectations, and exit those that are not.

Enhancing our Supplier Management 

Looking ahead, we will be working with our partners at Peterson Control Union (PCU) and ProForest to enhance our supplier management processes and verify supplier reported information. We are also adopting the No-Deforestation, No-Peat, and NoExploitation Implementation Reporting Framework (NDPE IRF). The NDPE IRF is a common reporting framework used across the sector to monitor adoption and successful implementation of NDPE upstream from the refinery. We will henceforth require our suppliers to submit NDPE IRF profiles of shared suppliers annually. These profiles will be verified by PCU. We will isolate underperforming suppliers and take action via our direct suppliers to ensure we move shared suppliers to “Progressing” or “Delivering” status.

Taking Accountability 

Our POAP aims to minimize the risk of deforestation, conversion, and exploitation occurring in our supply chain. However, we acknowledge that sometimes issues do still occur. We, therefore, operate a robust third party-supported grievance process to ensure issues are investigated and non-compliant suppliers are held to account.

When there is a significant breach of our requirements, we suspend that supplier from our supply chain and engage with them to ensure a time-bound action plan is fully implemented and the issues fully remediated. Before re-entering these suppliers into our supply chain, a re-entry assessment is completed and reviewed by a third party. Only suppliers that demonstrate alignment with our POAP are re-entered.

Ensuring Transparency 

By the end of 2022, our suppliers reported that approximately 99% of the palm oil we source is traceable to mill, with approximately 88% traceable to the plantation.

Annually, we require our suppliers to share the list of mill crushers active in our shared supply chains. Supplier reported data is checked against public and proprietary information and is reviewed, deduplicated, and improved continuously via a process supported by our partners at ProForest, PCU, and Satelligence. Following this process, we publish our annual mill list on our company website to ensure transparency.

Satelligence takes mill data and available concession maps to trace our extended supply chains in Malaysia and Indonesia back to production-level. This represents approximately 88% of the total volume of palm oil we source. Where concession maps don’t exist, we assume that a mill may be sourcing from all locations within a 50km radius of its location. Once our supply chain is mapped, Satelligence satellite monitoring is used to identify and alert us to potential deforestation events where we may need to act.

Additionally, we require our suppliers to deploy satellite monitoring along their upstream supply chains.

In 2023, we are working with Satelligence and PCU to enhance supply chain transparency via more robust data verification and enhanced systems capabilities.

Collaborating 

In 2022, we accounted for less than 1% of total global demand for palm oil. As such, we recognize that we alone cannot transition the sector to a more sustainable supply. That’s why we lead or are active participants in leading global organizations focused on improving the palm oil supply chain, including the Consumer Goods Forum Forest Positive Coalition (CGF FPC), Consumer Goods Forum Human Rights Coalition (CGF HRC), POTC; Palm Oil Collaboration Group (POCG), and Roundtable on Sustainable Palm Oil (RSPO).

Via our leadership and participation, we are working with peer companies to create common standards, tools, and programs of work designed to support the transition to sustainable palm oil supply and protect critical landscapes.

Investing in Palm Oil Landscape Programs in Indonesia and Malaysia 

As co-lead of the CGF FPC Production Landscapes group, we aspire to bring about large-scale change through investments in landscape programs in Indonesia and Malaysia. These programs are centered on responsible production and more sustainable supply of palm oil within the most sensitive locations we source from. In North Sumatera and Aceh, Indonesia, we have been a Coalition Sustainable Livelihood (CSL) initiator and member since 2018.

In 2021, we began partnering with Conservation International to invest in an agroforestry project in North Sumatera. The aim is to advance social forestry programs, as well as provide guidance for future investments intended to promote the transition to more sustainable palm oil supply in the region. Approximately 120 stakeholders are involved in this project, with two landscapes prioritized for action.

In 2022, we established a new partnership with the Global Palm Oil team at WWF to promote sustainable production of palm oil and raise awareness about high conservation value areas. This project has a two-fold approach. Firstly, to build the capacity of key stakeholders in the palm oil value chain to conduct HCV assessments in Sabah, Malaysia. This will allow us to better manage and protect critical landscapes and promote responsible and sustainable production by plantation owners and operators. Secondly to raise awareness about traceability to plantation tools like WWF’s Hamurni, which will facilitate greater supply chain transparency and accountability. By encouraging the adoption of sustainable practices among plantation owners and operators, we hope to promote greater environmental stewardship and contribute to the long-term viability of the palm oil industry.

Read more in the Mondelēz 2022 Snacking Made Right Report

1 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.

2 Reported information for the period from January 1, 2022 to December 31, 2022 includes a community as covered by CLMRS if the work of identifying children, if any, in or at risk of child labor has been completed by the end of the year, even if any appropriate remediation and post-remediation follow-up occurs in the following year. CLMRS data is provided by third parties. Includes Ghana, Cote d’Ivoire and Nigeria.

3 Regenerative Agriculture is a holistic approach to farming which aims to produce high-quality crops while also restoring the natural rhythm of our surrounding ecosystem.

4 Reported information covers Brazil, Côte d’Ivoire , Dominican Republic, Ghana, Indonesia, India, and Nigeria. This data is provided by third parties.

1 Regenerative Agriculture is a holistic approach to farming which aims to produce high-quality crops while also restoring the natural rhythm of our surrounding ecosystem.

1 Source: Food and Agriculture Organization of the United Nations, Why bees matter, May 2018

1 Annual GHG emissions are accounted for following the GHG Protocol Corporate Standards and using the operational control approach. Reporting includes activities of all Mondelēz International subsidiaries across all regions, except those acquired after December 31, 2021. All acquisitions until 2021 are incorporated in our GHG emissions for 2018, 2021 and 2022. In the reporting year 2022, we have recalculated our base year, 2021 and 2022 inventory following the GHG Protocol Corporate Standards. For more details, please see the Carbon Accounting Manual.

2 Excludes materials procured by third-party external manufacturers & co-packers for use in manufacturing Mondelēz International finished goods.

1 Goal and reported information excludes Russia and Ukraine (Russia to be determined and Ukraine by 2027). Excludes eggs procured by third-party external manufacturers & co-packers for use in manufacturing Mondelēz International finished goods. The term “egg(s)” means egg(s) produced by hens (female chickens).

1 Excludes palm oil procured by third-party external manufacturers & co-packers for use in manufacturing Mondelēz International finished goods.

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