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Associated Press
15 hours ago
- Business
- Associated Press
Mondelēz 2024 Snacking Made Right Report: Climate Change
Our approach to climate change is comprehensive, interconnecting our goals across areas like responsible sourcing, social sustainability, and human rights. FIND OUT MORE ABOUT OUR: Strategic approachAction plans and progressGoals and metrics HIGHLIGHTS STRATEGIC APPROACH At Mondelēz International, we are part of a broad movement across our sector that aims to bring about more sustainable ways of growing and operating business. For us, this involves aiming to reduce our environmental impact while helping to support resilience across our supply chains and the communities our business touches. 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. 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 Life for cocoa and Harmony Wheat for 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. We focus on areas where we believe we can make the greatest positive difference for the long term. This is why we focus on limiting our environmental impact by contributing to climate change mitigation, across key focus areas within our operations and supply chain. Similarly, we work to identify and manage climate change-related risks which helps us to shape our adaptation strategies as we seek to reduce the impact of climate change both on our organization and on the communities we touch. CLIMATE RISK MITIGATION -OUR NET ZERO PATHWAY We've been on a path to reduce our carbon emissions for several years and took a key step in 2021 when we set our long-term goal of net-zero GHG emissions across our full value chain by 2050. We have signed the SBTi's Business Ambition for 1.5°C, aligning our long-term emissions mitigation goals with the Paris Agreement's aim of limiting temperature rise. We've also joined the United Nations 'Race to Zero' campaign to help build momentum toward a decarbonized economy. In April 2024, the SBTi successfully validated our full value chain goal to reduce absolute end-to-end CO2e emissions by about 35% by 2030 and to reach net-zero by 2050 from a 2018 base year, including the reduction of absolute gross scope 1 and 2 GHG emissions by 50.4% within the same timeframe, in line with the 1.5oC reduction pathway.(1) (2) This followed a thorough review of our carbon accounting documentation, in line with both the GHG Protocol and SBTi standards and guidelines, as well as our commitment to continue transforming our operations and supply chains while transparently reporting progress. This exercise was developed with the input of multiple functions throughout the business – including Manufacturing, Logistics, Finance and Procurement – as well as collaboration with our external partners and suppliers in building a framework for more consistent carbon reporting across our Scope 1, 2 and 3 emissions. For Scope 1, we identify and report on the combustion of fuels taking place in our own facilities and mobile operations, as well as any fugitive emissions from our sites. For Scope 2, measuring emissions involves assessing indirect emissions associated with the electricity, heat and steam we buy for our own facilities. For Scope 3, we measure the indirect emissions generated within our value chain, such as the emissions generated from materials and services we buy, emissions generated from activities associated with fuel and energy, and emissions generated from finished goods storage and transportation, as well as business travel and investments. We also strive to support cross sector sharing and collaboration when it comes to common challenges in decarbonizing supply chains. We actively participate in a number of global organizations focused on supply chain improvements, including the Toward Net Zero Coalition of Action (TNZ) and the Forest Positive Coalition of Action (FPC) as part of our membership with the CGF. We are implementing the SBTi reduction pathway following distinct phases as shown in Figure 1 above. (Find out more on SBTi's website.) STRATEGIES FOR REDUCING CARBON At Mondelēz International, we focus our strategic efforts on three prominent drivers of carbon emissions at play in the food and beverage sector: the changing use of land, including deforestation; emissions related to farming; and use of fossil fuels. That's why we regard deforestation-free, regenerative agriculture and the avoidance of fossil fuels as key focus areas to help cut our emissions. To effectively bring these three strategies to life, we have identified our main focus areas and created reduction roadmaps for each which includes, shifting our ingredient supply chains away from sources where deforestation occurs; focusing on regenerative agriculture that uses ecological principles to sustain and restore degraded soils; and embracing renewable energy sources and low- impact, more sustainable packaging. Completeness & Consistency in Determining Carbon Footprint Reporting (1) To help make our carbon footprint reporting more consistent, we expose our data to external verification and align our internal processes with the GHG Protocol standards. As part of this, we published our formalized Carbon Accounting Manual during 2023. And we continued to increase the internal processes we use to promote consistency of approach, in the form of a growing range of Standard Operating Procedures. We continue to keep our carbon inventory up to date, now including the recently acquired Chipita Global S.A. and Ricolino. Starting in 2024, Mondelēz International partnered with Watershed to improve the GHG accounting process allowing for greater data granularity and streamlined calculation. Overall, our emissions continue to reduce over the years as we continue transitioning our materials to a number of new customized emissions factors, allowing us to reflect the strategic efforts following our three focus areas to reduce our emissions. Our end-to-end emissions are aligned with SBTi guidelines where we focus our initiatives on our most impactful and actionable GHG emissions across the value chain (approximately 90% of our end-to- end CO2e emissions in base year 2018).(1) CLIMATE RISKS & RESILIENT COMMUNITIES Operating at a global scale means we can have a meaningful positive impact by encouraging practices that respect land rights, and by 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, informing our strategies and ultimately sharpening and enhancing our approaches. We are in the process of reviewing our approach to assessing environmental dependencies, impacts, risks, and opportunities in alignment with evolving standards and regulations. For this, we collaborate with third-party expert Risilience and their partner, the Centre for Risk Studies at the University of Cambridge. Risilience specializes in providing the methodology and climate modelling platform that, in combination with their own data and assumptions, drives informed decision-making and impact analysis through climate-related risk assessment and scenario analysis. The platform offered by Risilience provides several configurable models that quantify the impact of various physical and transition risks under different emission pathways. These emission pathways range from a 1.5oC of warming to >4oC of warming as compared with pre-industrial levels. Physical risks include the increasing frequency of extreme weather events and natural disasters, effects on water availability and quality, and biodiversity loss. These can 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. The analytical output results of this tool are aligned with TCFD's (and similar) reporting requirements, which may be used as a foundation for future climate-related regulatory disclosure requirements. We continue to monitor this space so that our approach remains relevant and transparent, and we continue to strive to provide our stakeholders with relevant information on climate-related issues. We report on our metrics and goals annually in our Snacking Made Right reports and CDP questionnaire disclosures. For more details please read our Annual Report STRATEGIES FOR CLIMATE RISK ADAPTATION Looking at climate physical and transition risks, we strive to help support communities and landscapes to adapt and become more resilient. We do this through three key strategies : Aiming to seek no deforestation across primary commodities by 2025Deforestation is a risk because of its contribution to global climate change as well as its impact on indigenous peoplesand local communities, and ecosystem services in affected areas. Therefore, we believe it is important to take action to help reduce deforestation and promote more sustainable land use practices which respect human rights, including land rights, in line with our Human Rights PolicyOur goal is to seek no deforestation across our primary commodities following an approach starting with our European business in accordance with EU regulations and rolling out to our other regions by December 31, 2025, in accordance with SBTi guidance. The cutoff date was December 31, 2020, in accordance with EU regulations and SBTi guidance. This is the date after which deforestation is counted against 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 December 31, 2020. In specific cases, e.g., where specific certification standards exist, we may apply cut-off dates set by those respective standards if they are the same or earlier in time. For cocoa and palm oil, two commodities we source that are considered at-risk when it comes to deforestation, we engage with our key suppliers to supply only deforestation-free cocoa and palm oil to Mondelēz International. We also call on our suppliers to take efforts to end deforestation in their supply chains. While focus lies on cocoa and palm oil, we also consider soy1, pulp, and paper in our deforestation-free approach. Ending deforestation needs sector-level transformation. We support an approach in which key players along the value chain work collaboratively to tackle systemic issues at the industry, country and full deforestation position is available on our website. ACTION PLANS AND PROGRESS ENVIRONMENTAL IMPACT THROUGH OUR OPERATIONS & INGREDIENT SOURCING RAW MATERIALS - COCOA We engage with key suppliers to promote sourcing of deforestation-free cocoa. website We also address challenges of climate change and deforestation in the cocoa supply chain through Cocoa Life by working with partners to advance the ambitions of the Cocoa and Forests Initiative. Particularly as supply of cocoa has been hindered largely due to weather with lower production causing a rise in the price of this important ingredient, we have continued our Cocoa Life focus to support our goal of a thriving cocoa sector that collaborates to tackle interrelated system issues. Cocoa Life Actions to Protect and Restore Forests As part of Cocoa Life, we believe in conserving the land and forests for today and for tomorrow. As part of our integrated approach, we focus on helping to protect and restore forests and seek no deforestation on Cocoa Life farms. Two key elements drive our cocoa emissions reduction: agroforestry and farming practices. Therefore, through Cocoa Life, we are working with partners and governments to help farmers grow more resilient farms through trainings on agricultural and environmental practices. These trainings are delivered to raise awareness, to build farming skills and to encourage activities that help increase cocoa yields while avoiding farm expansion into protected areas. We also help promote agroforestry techniques through planting non-cocoa trees to protect crops from excessive sun and heat. These trees also promote biodiversity and can provide farmers with additional income. By the end of 2024, we distributed ~10,665,000 economic shade trees, trained ~178,000 farmers in Good Agricultural Practices and trained ~571,000 community members in Good Environmental practices.(4) We are also applying farm mapping to monitor deforestation for communities. Farm mapping enables us to assess deforestation risks in our supply chain and gain a deeper understanding of farming community needs and farm boundaries. By the end of 2024, we have mapped more than 237,000 Cocoa Life farms.(29) Promoting Cocoa Agroforestry Carbon removals are key to meeting our carbon objectives as we cannot rely only on carbon reduction. We continue to remain in line with the GHG protocol and continue our efforts while we wait for the GHG Protocol's Land Sector and Removals (LSR) guidance. We have started a carbon booster project focusing on carbon removals to help sequester carbon from the atmosphere and have a bigger positive climate impact. This project focuses on agroforestry and in particular tree planting to sequester carbon. In some countries, this project also includes financial incentives (Payments for Environmental Services - PES) paid to farmers for the number of trees planted (Cameroon) or the survival rate of trees (Indonesia). Generally, research and practitioners expect agroforestry to provide a wide range of environmental, social and economic ecosystem services: We launched the carbon booster project in Côte d'Ivoire, Ghana, India, Indonesia and Brazil in 2023 and in Nigeria and Cameroon in 2024. While we continue to plant trees, we also see climate challenges – low rainfalls in India or El Niño in Brazil pose a higher risk of tree mortality. We currently use field monitoring for tree survival rates to confirm they are still sequestrating carbon. As we scale tree planting in the coming years, we intend to assess how to monitor tree survival leveraging remote sensing data to support the field monitoring. Understanding Our Impact on Forests We work with Satelligence, a remote sensing company, to help us understand the impact on natural forests of Cocoa Life farmers and communities. Satelligence applies satellite imagery to detect forest cover changes that can indicate likely deforestation events, and machine-learning to measure deforestation rates. Following sector practices in 2024, the methodology was adjusted to expand the scope to secondary forests in addition to primary forests. The new definition improves forest detection and helps us better protect already degraded area where forests have newly regrown in addition to primary forests. In alignment with our Cocoa and Forests Initiative ambitions, we look at deforestation signals from 2018 until the latest available data (2024). In 2024, the analysis focused on our impact on forests in Ghana, Côte d'Ivoire and Nigeria. Overall results in West Africa (Côte d'Ivoire, Ghana, Nigeria) show approximately 2.5% deforestation on or closely around Cocoa Life registered farms.(3) The satellite monitoring results show near no deforestation on or closely around Cocoa Life registered farms in Côte d'Ivoire (~0.6%) and Ghana (~2.2%) since 2018. In Nigeria, the new detection approach indicates a level of approximately 19% with most detected occurrences located on potential secondary forest or agroforestry areas versus primary forest which was the focus of our 2023 analysis. We are in the process of engaging with supply chain partners to better understand what triggers the occurrences and, if required, follow up to do checks on the ground and assess the opportunity to rehabilitate impacted areas as appropriate. Understanding the Carbon Emissions Impact Building on our work from 2022, we're continuing to expand our list defining customized emission factors that will help us to understand our carbon emissions intensity, which helps to quantify the carbon reductions resulting from the Cocoa Life 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. Working in Collaboration Across Landscapes As we seek forest protection and restoration, we work with farming communities, peers, sector partners and governments to drive solutions on a landscape level. This includes the CFI and multistakeholder landscape initiatives, such as the Asunafo-Asutifi landscape partnership in Ghana. As part of Cocoa Life Indonesia's activities in Aceh and North Sumatra, we help protect and restore forests in the Leuser Ecosystem landscapes. RAW MATERIALS – DAIRY To better maximize our efforts, we have taken a two-pronged approach to help reduce carbon intensity in dairy: We work directly with farmers supplying our core brands Cadbury Dairy Milk, Milka and Philadelphia, and we closely collaborate with strategic processors. Thanks to first tracking their CO2e emissions and then developing action plans to reduce them, some strategic suppliers have successfully completed their baselines and are delivering lower carbon intensity compared to their base year. Europe at the Helm of Dairy GHG Reduction Programs We are working with several of our dairy suppliers in Europe on ambitious farm-level GHG reduction programs with the goal of reducing CO2e emissions from baselines that Mondelēz International began establishing in 2018. Our goal is to gain a clear picture of GHG emissions and sustainability efforts across our shared value chain. We work with dairy suppliers, industry experts, and our carbon accounting partner, Quantis, to review the tools and methodologies used for measuring GHG emissions. This helps us to accurately assess our baseline and measure progress. A robust baseline, based on farm-level data, highlights environmental hotspots and solutions most relevant for our supply chain. In 2024, we kicked off phase 2 of our baselining efforts to cover more of our Europe supplier base and began to track annual progress for the baselines validated in phase 1. In Italy, our local supplier Fattorie Osella has taken another significant step forward in dairy sustainability. After becoming the first dairy company in Italy to obtain animal welfare certification for ~100% of its milk suppliers since 2016, Fattorie Osella has launched a three-year carbon reduction journey with xFarm Technologies. Through this collaboration, 17 farmers are expected to gain access to their on-farm carbon footprints, enabling them to design a tailored roadmap for reducing on-farm CO2e emissions. Farmers will have access to an online platform that helps digitalize their operations and make informed sustainability decisions. Australia on Its Way Australia is on the dairy emissions-reduction journey, partnering directly with Cadbury dairy farmers in Tasmania. In 2024 Mondelēz Australia completed baselines for on-farm carbon footprints and are now looking at ways to partner with farmers to develop reduction strategies for the short, medium, and long term. Emerging Technologies & Innovations in Dairy Our Research & Development (R&D) organization continued our collaboration with the Scienta Group, a science and innovation consultancy, to stay informed on developments and support us in achieving our ambitions. This partnership has been instrumental in exploring the longer-term technical landscape, assessing the implementation readiness and efficacy of existing technologies,and identifying new areas for exploration through opportunities in academia and industry collaboration. Moreover, our work with Scienta has identified early Technology Readiness Level (TRL) technologies, which we will explore during 2025 to better understand how they can be leveraged to deliver against our plan. As part of our efforts with the Scienta Group, we are proud to have supported and secured approval for a European Institute of Innovation & Technology (EIT) Food-funded project. This initiative focuses on exploring the application of the Marginal Abatement Cost Curve (MACC) to better understand the environmental and economic impacts of various dairy farm typologies across Europe. In addition, we have secured a Knowledge Transfer Partnership (KTP) with Queen's University Belfast, further enhancing our internal expertise in assessing end-to-end emissions on farms as technology interventions are implemented. These collaborations reflect our commitment to innovation and progress as we work towards a more sustainable future. Collaborating Across the Dairy Sector In 2024, we continued our partnership with the Sustainable Agriculture Initiative Platform (SAI Platform) and its Sustainable Dairy Partnership (SDP) to collaborate within the industry. This includes our efforts to scale the adoption of the SDP in Latin America. Through the SDP, we have worked to promote sector alignment on the reporting of sustainability topics and continuous improvement on key dairy issues. Along with a variety of stakeholders, processors and national programs (altogether representing about 30% of the global dairy volume), we are working to raise the bar in dairy sustainability. By recognizing existing programs, we are striving to avoid duplicating efforts, allowing more resources to help create positive impact at farm level. In 2024 we began to explore the option of using SDP data for baselining eligible suppliers. We intend to continue this work in 2025. By collaborating with producers, processors, and buyers like ourselves, we hope to support a more sustainable future for dairy. RAW MATERIALS – PALM OIL Our aim to seek no deforestation is building upon the company's POAP, which was first issued in 2014. We take into account learnings and experience realized in our Company's efforts to collaborate with suppliers to source deforestation-free palm oil and applies those learnings across primary commodities. In the future, this plan will also take into account current and impending regulation, as well as insights from external frameworks such as the SBTi and collaborative organizations such as CGF FPC and CGF POCG. Sourcing palm oil more sustainably means for us switching from broadly RSPO credit sourcing in prior years to sourcing RSPO physical certified starting in 2025. In conjunction we are also adopting NDPE's IRF and require our suppliers to submit NDPE IRF profiles annually. Shifting to deforestation-free sourcing supports our carbon footprint reduction. RAW MATERIALS – WHEAT We also work to help curb our supply chain footprint through our Harmony sustainable wheat program. Our strengthened charter, Harmony Ambition 2030, includes 20 mandatory farming practices plus 17 best practices, built in close collaboration with agronomic experts, NGOs and, of course, our wheat supply chain. To help mitigate climate change, our Harmony Regenerative Charter focuses on the following objectives: We kick-started Harmony Ambition 2030 with a test-and-learn model in France. Participating farmers sowed Harmony wheat under our Regenerative Charter for harvest 2023. Encouraging results in France helped us to apply learnings to a wider European roll-out over the coming years, starting with Belgium for harvest 2024, Central Europe for harvest 2025 and finishing with Spain and Italy for harvest 2026. Strong Data Reporting System to Measure Our Impact Harmony has developed a strong and unique data reporting system on farming practices that allows for full traceability from Harmony 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, greenhouse gas emissions and pesticide use. Key results are shared with wheat supply chain partners to fuel a continuous improvement approach, and our charter is reworked to further reduce our environmental footprint. To confirm our Harmony-labeled products comply with requirements of the charter, certified third-party organizations (SGS, Bureau Veritas) conduct annual verifications. All mills and storage bodies as well as about 10% of partner farmers are audited every year with over 285 audits performed in 2024. In 2024, we decided to go further and kicked off a project to launch a new digital platform, developed by the technology company Improvin'. With the detailed farm-level data in the Harmony data platform, we will be able to more effectively track the overall progress of the program including factors such as reduction of greenhouse gas emissions. Designed with user simplicity in mind, the Harmony data platform features an intuitive interface and built- in compatibility with many Harmony partners' existing tools, including Farm Management Systems. The platform's advanced machine learning capabilities, using modeled data from sources such as satellite imagery, streamline the reporting process, allowing farmers to validate information rather than having to enter data manually. Furthermore, the Harmony data platform offers farmers valuable feedback on their performance and tailored support to enhance their regenerative practices. This Harmony data platform will be rolled out across Europe starting in 2025, covering more than 1,260 farms in seven markets by 2026: France, Belgium, Spain, Italy, Poland, Czechia and Hungary. In 2025, the French and Belgian Harmony partners will be the first to gain access to the new platform. MANUFACTURING We're focusing on increasing both our energy efficiency and our use of renewable energy (with a focus on electricity), so that we can go further in reducing our carbon emissions and our costs. In 2024, about 54% of the electricity we used in our manufacturing sites was renewable, compared to around 45% in 2023.(5) We are also continuing to make adjustments to how we operate. We are leveraging improved processing designs for enhanced efficiency. For example, we are replacing some natural gas baking ovens with low-carbon fuels or electricity. LOGISTICS OPERATIONS Outbound logistics activities (from manufacturing plants to customers) represent about 4% of our total company CO2e emissions.(1) Most of our operations are outsourced, thus partnering with our suppliers is crucial to help deliver our net-zero emissions ambition. The main contributor to our emissions is truck transportation. We are working to reduce the emissions across our logistics operations across a range of activities. Efforts include investingin new and energy-efficient mobility solutions, as well as switching to renewable energy sources in our warehouses. We're also optimizing routes, reducing travel distances and improving the ways in which we use trucks and containers. Electric transportation continues to be piloted in a variety of markets, including China, the Brazil and also in 2024 piloted for the first time in Czechia. In Europe, we run a program called Design to Transport which aims to enhance our transportation efficiency by improving vehicle utilization. Three pillars of this program are pallet height optimization, pallet loading optimization (e.g. double stacking) and our Pack Light Right program, which optimizes truck space utilization and drives air reduction in transport. The program initiated in 2023 and continued to thrive into 2024, successfully eliminating over 1,000 trucks annually that transit between our manufacturing facilities and distribution centers. PACKAGING We continue to strive to make our packaging more efficient in line with our strategy. This means working toward reducing the virgin plastic material used in our packaging, while not compromising the quality and integrity of our products. We have deployed packaging sustainability design requirements across our global business. These requirements are aligned with industry guidelines – such as the CGF's Golden Design Rules – to promote consistency with latest leading practices. By designing our packaging to be recyclable, evolving to more sustainable materials and increasing our use of recycled content, we are working toward improving carbon intensity across our packaging portfolio. SUPPLIER PARTNERSHIP PROGRAMS In the last year, we have continued to build two major partnerships that are helping us better understand our broader Scope 3 emissions, while recognizing their level of alignment with our net- zero plans. First, we continue working with EcoVadis, a leading provider of business sustainability ratings and second, we continue to partner with the Supplier Leadership on Climate Transition (Supplier LOCT), a consortium of world-leading businesses aiming to reduce supply chain emissions. Through this approach we are supporting our top suppliers in evolving or (where applicable) creating their Scope 3 footprint, setting CO2e reduction goals, and reporting outcomes in line with the SBTi. INNOVATION During 2024, we've worked on many areas of innovation, which are aimed at helping us reduce our carbon emissions. Key examples include: WHERE OUR CARBON FOOTPRINT COMES FROM Similar to other food manufacturers, we see about 70% of our footprint driven by raw materials.(1) Cocoa and dairy are the two largest contributors to our footprint driven by our portfolio followed by: palm oil, sugar, wheat, other oils, nuts, and all other ingredients. The remaining approximately 30% is broken out across internal manufacturing linked to the production of our products plus related upstream fuel and energy related activities, packaging used to keep our products safe and protected during transportation and handling, logistics operations linked to storage and transportation of finished goods, and various other categories including emissions related to external manufacturing, investments, services, business travel, and small categories. Our end-to-end footprint has reduced by approximately (12)% compared to our 2018 baseline or approximately (9)% compared to emissions in the prior year.(1) Our Scope 1 and 2 emissions continue to decrease, reflecting our progress in renewable electricity and energy efficiency. We reduced our Scope 1 and 2 (market-based) emissions by approximately (28)% compared to our 2018 baseline and approximately (2)% compared to emissions in the prior year.(1) In the past we have been focused on reducing the carbon emissions across our manufacturing operations by 10% from a 2018 base year which has been successfully achieved thanks to our strategic approach in our operations though electrification, transitioning to renewable energy, and efforts towards more energy efficient processes. Our focus moving forward will be shifting to the reduction of absolute Scope 1 & 2 emissions by 50.4% by 2030 against a 2018 base year. Our Scope 3 emissions have decreased by approximately (11)% compared to our 2018 baseline, or approximately (9)% compared to emissions in the prior year as we continue to capture the positive effects of our various roadmaps, with the biggest impact coming from cocoa.(1) Our carbon reduction strategy is based on our focus areas, which each have a distinct roadmap. View the full 2024 Snacking Made Right Report. (1) In the reporting year 2024, our annual GHG emissions were accounted following the GHG Protocol Corporate Standards and using the operational control approach. Reported information following Science Based Targets initiative (SBTi) guidelines for near-term target excludes Capital Goods, Upstream Transportation and Distribution of Raw Materials, Employee Commuting, Downstream Transportation at Customer, and End of Life long-term target excludes these same categories, except for Upstream Transportation and Distribution of Raw Materials and Employee Commuting. We have recalculated our base year 2018 and most recent years (2023 and 2024) inventory following the GHG Protocol Corporate Standards. Recent updates incorporate acquisitions Chipita and Ricolino. The footprint includes all acquisitions and divestitures to date except for Evirth. For more details, please see the Carbon Accounting Manual. Reported information is verified by an independent third-party and available in our ESG Reporting & Disclosure Reporting Archive. In the context of the Science Based Targets initiative (SBTi), an 'absolute target' refers to a reduction in total greenhouse gas (GHG) emissions by a specific percentage or amount, measured against a baseline year, rather than a reduction per unit of production or activity. (2) Our near-term goal aligns with the latest standards and guidelines including the current SBTi Net Zero Standard (from March 2024) and the current SBTi FLAG (Forest, Land and Agriculture) Guidance (from December 2023) by setting near-term targets in line with limiting warming to 1.5°C. (3) Reported information for the period from January 1, 2024 to December 31, 2024 for West Africa includes Côte d'Ivoire, Nigeria and Ghana. (4) Reported information for the period from January 1, 2024 to December 31, 2024 covers Brazil, Cameroon, Côte d'Ivoire, Ecuador, Ghana, Indonesia, India, and Nigeria unless otherwise stated (which differs from prior years). (5) Reported information includes all divestitures to date and the following acquisitions (which were not included in previous years): Chipita, Clif bar, Give & Go, Gourmet Foods, Ricolino and Tate's Bake Shop except for Evirth (subject to future data integration). We have recalculated our base year 2018 (where applicable) and most recent years (2023 and 2024) for year-over-year comparison. Reported information is verified by an independent third-party and available in our ESG Reporting & Disclosure Reporting Archive. Visit 3BL Media to see more multimedia and stories from Mondelez International
Yahoo
a day ago
- Business
- Yahoo
Promega Corporation Commits to Science Based Targets Initiative (SBTi) to Cut Greenhouse Gas Emissions
MADISON, Wis., July 30, 2025--(BUSINESS WIRE)--Promega Corporation, a global biotechnology manufacturer headquartered in Madison, Wisconsin, has committed to set near-term company-wide emission reductions with Science Based Targets initiative (SBTi). This begins a defined process to develop science-based targets for reducing greenhouse gas (GHG) emissions across the company's global operations. This action reflects Promega Corporation's long-standing commitment to environmental stewardship, shaped by scientific understanding, accountability and a focus on long-term impact. Scientific Approach to Climate Responsibility Promega Corporation is guided by a 100-year vision that informs how it builds, operates and grows. Sustainability is integrated into daily decision-making and long-range planning. As a science-based company, Promega approaches climate action with a focus on realistic, science-aligned goals that reflect operational realities. Structured 24-Month Target-Setting Plan Following the SBTi framework, Promega Corporation will engage in a 24-month cross-functional process to model, define and submit its science-based targets. Teams from sustainability, manufacturing, engineering and facilities will collaborate to ensure the goals are ambitious, achievable and grounded in how the company operates globally. "Joining this effort reflects our ongoing commitment to science-informed environmental responsibility," said Corey Meek, Promega Corporate Responsibility Program Manager. "We've taken a careful approach to ensure our targets are supported by a clear path to achievement. We approach this effort with the same long-view perspective that informs our decision-making and direction across the organization." Learn More Learn more about how Promega Corporation is working to minimize environmental impact, support employees and give back to our communities in our Corporate Responsibility Report. About Promega Corporation Promega Corporation is a leader in providing innovative solutions and technical support to the life sciences industry. The company's portfolio of over 4,000 products supports a range of life science work across areas such as cell biology; DNA, RNA and protein analysis; drug development; human identification and molecular diagnostics. These tools and technologies have grown in their application over the last 45 years and are used today by scientists and technicians in labs for academic and government research, forensics, pharmaceuticals, clinical diagnostics and veterinary, agricultural and environmental testing. Promega is headquartered in Madison, WI, USA with branches in 16 countries and over 50 global distributors. Learn more at View source version on Contacts Penny PattersonVP, Corporate AffairsPromega CorporationPhone: (608) 274-4330E-mail:
Business Wire
a day ago
- Business
- Business Wire
Promega Corporation Commits to Science Based Targets Initiative (SBTi) to Cut Greenhouse Gas Emissions
MADISON, Wis.--(BUSINESS WIRE)-- Promega Corporation, a global biotechnology manufacturer headquartered in Madison, Wisconsin, has committed to set near-term company-wide emission reductions with Science Based Targets initiative (SBTi). This begins a defined process to develop science-based targets for reducing greenhouse gas (GHG) emissions across the company's global operations. "We approach this effort with the same long-view perspective that informs our decision-making and direction across the organization,' said Corey Meek, Promega Corporate Responsibility Program Manager. Share This action reflects Promega Corporation's long-standing commitment to environmental stewardship, shaped by scientific understanding, accountability and a focus on long-term impact. Scientific Approach to Climate Responsibility Promega Corporation is guided by a 100-year vision that informs how it builds, operates and grows. Sustainability is integrated into daily decision-making and long-range planning. As a science-based company, Promega approaches climate action with a focus on realistic, science-aligned goals that reflect operational realities. Structured 24-Month Target-Setting Plan Following the SBTi framework, Promega Corporation will engage in a 24-month cross-functional process to model, define and submit its science-based targets. Teams from sustainability, manufacturing, engineering and facilities will collaborate to ensure the goals are ambitious, achievable and grounded in how the company operates globally. 'Joining this effort reflects our ongoing commitment to science-informed environmental responsibility,' said Corey Meek, Promega Corporate Responsibility Program Manager. 'We've taken a careful approach to ensure our targets are supported by a clear path to achievement. We approach this effort with the same long-view perspective that informs our decision-making and direction across the organization.' Learn More Learn more about how Promega Corporation is working to minimize environmental impact, support employees and give back to our communities in our Corporate Responsibility Report. About Promega Corporation Promega Corporation is a leader in providing innovative solutions and technical support to the life sciences industry. The company's portfolio of over 4,000 products supports a range of life science work across areas such as cell biology; DNA, RNA and protein analysis; drug development; human identification and molecular diagnostics. These tools and technologies have grown in their application over the last 45 years and are used today by scientists and technicians in labs for academic and government research, forensics, pharmaceuticals, clinical diagnostics and veterinary, agricultural and environmental testing. Promega is headquartered in Madison, WI, USA with branches in 16 countries and over 50 global distributors. Learn more at
Gulf Today
a day ago
- Automotive
- Gulf Today
Indian auto industry emissions could reduce drastically
A new study released by India's Council on Energy, Environment and Water (CEEW) has said that India's automobile industry — the third-largest in the world — could cut its manufacturing emissions by as much as 87% by 2050 through a shift to green electricity and low-carbon steel. According to a CEEW press release, the study comes as several leading automakers — such as Mahindra & Mahindra, Tata Motors, TVS Motors, Ford, BMW, Mercedes-Benz, and Toyota — have, over the past two years, ramped up electric and hybrid vehicle production while simultaneously setting ambitious emission reduction targets. These automakers have also committed to the Science-Based Targets initiative (SBTi), aligning with global definitions of net-zero (NZ) that require full value-chain decarbonization by 2050. For large Indian auto manufacturers, cleaning up supply chains will not just lower emissions; it will enhance long-term cost competitiveness and position them as preferred international suppliers. The Executive Summary of the study says as the world moves towards NZ emissions, a transition is expected across all economic sectors. For the automobile sector, this would lead to a higher demand for low-carbon vehicles. Currently, about 65–80% of a vehicle's emissions come from its use phase. Electrification is a major step toward reducing these emissions, while hybrid vehicles are also being explored as a bridge in the short to medium term. This, in turn, means that there will be major shift in the type of vehicles being manufactured. The Indian automobile sector contributes around 7.1% to the gross domestic product, the Executive Summary points out, and employs over 19 million people. Indian original equipment manufacturers (OEMs) will need to ramp up low-carbon vehicle manufacturing to tap into the growing demand. For auto OEMs to be competitive, they will need to focus on decarbonizing their own manufacturing and upstream supply chains. It is, therefore, important to understand the future pattern of vehicle production, associated energy use and emissions, as well as the growth in demand for materials like steel or rubber used in vehicles. The OEMs must make informed decisions based on long-term assessments on the kind of materials and energy required for vehicle manufacturing. Emissions intensity is declining — but not fast enough, the press release points out. The CEEW study uses a custom version of the Global Change Analysis Model to project emissions under various pathways. It finds that if current business-as-usual (BAU) trends continue, annual vehicle production could rise nearly fourfold — from 25 million units in 2020 to 96 million by 2050. Emissions, however, would only double, reaching 64 million tonnes of CO₂, suggesting a steady decline in emissions per vehicle. Still, the absolute rise in emissions underscores the need for accelerated action. Steel alone would remain the largest source of supply chain emissions, with suppliers expected to rely heavily on coal in this business-as-usual scenario. The study estimates that sourcing low-carbon steel could reduce emissions by nearly 38 million tonnes by 2050. Green electricity and green steel are essential for deep decarbonization, according to the study. If both OEMs and their suppliers were to aim for NZ by 2050, annual emissions could fall from the projected 64 MtCO₂ (BAU) to just 9 MtCO₂ — an 87% reduction. This would require OEMs to shift to 100% green electricity — sourced through power purchase agreements, renewable energy certificates, or captive solar — and steel suppliers to use 56% hydrogen-based energy, reducing coal's share to under 10%. In addition, increasing scrap-based steel production to 48% by 2050 would significantly reduce emissions and resource intensity. The CEEW study also highlights that rubber suppliers must transition to green electricity to clean up Scope 2 emissions. The CEEW study also examines a high-hybrid scenario, where hybrids dominate in the near term before electric vehicles (EVs) take off. While this reduces energy demand among component suppliers by 7%, emissions remain slightly higher than in a BAU shift to EVs due to continued reliance on combustion engines. Ultimately, hybrid vehicles are at best a bridge and will need to be reduced to make way for zero-carbon vehicles. To align the automobile sector with a 2050 NZ pathway, the CEEW study recommends a two-pronged strategy: accelerate the transition to electric vehicles and decarbonize the full manufacturing value chain.
Yahoo
2 days ago
- Business
- Yahoo
New report reveals widespread trend of corporations falling short of crucial goals: 'It's not working out yet'
New report reveals widespread trend of corporations falling short of crucial goals: 'It's not working out yet' A report by Bloomberg has highlighted a trend of large corporations falling short of their sustainability commitments. What's happening? Voluntary action, Bloomberg explains, is making environmental responsibility optional while the planet continues to overheat. Peter Ford, former program lead of H&M Group's Sustainability and Energy Efficiency, shared his disappointment with the fashion industry's lack of progress in curbing pollution and waste. "As an industry, it's not working out yet," Ford said, per Bloomberg. Even with H&M's recent report of a 24% reduction in supply chain pollution, apparel pollution is projected to rise an additional 30% by the end of the decade, according to McKinsey & Co. According to the Science Based Targets initiative (SBTi), a corporate climate action organization that holds companies accountable in combating the climate crisis, almost 11,000 companies have announced sustainability commitments or set "science-based targets" — targets aligned with what climate science deems necessary to meet the climate goals of the Paris Agreement. The SBTi target dashboard tracks companies that have made climate pledges, as well as companies that have removed their commitments. According to the dashboard, more than 800 companies have since removed their commitments — Walmart being one of them. Earlier this year, Walmart announced its slow progress on reducing the company's pollution, admitting it was falling behind on its climate goals. Around the same time, oil and gas giant BP announced a plan to scrap renewable energy commitments, deciding to focus on dirty fuels instead. On the banking side, HSBC has been facing major backlash for going back on a promise to divest from oil and gas fields. It also raised over $1 million in funding for Glencore, a major coal producer. Voluntary action on environmental goals has made it easy for companies to backslide on sustainability pledges. As more companies drop out, others could be inclined to do the same. Why are climate goals important? A recent report by Sustainable Fitch found that 88% of the world's largest corporations and financial institutions either kept or expanded their climate pledges. However, that also means that 12% of companies, including the likes of Walmart, BP, and HSBC, lowered or dropped their commitments. Do you think America does a good job of protecting its natural beauty? Definitely Only in some areas No way I'm not sure Click your choice to see results and speak your mind. Among the many changes that the Trump administration has implemented are renouncements of climate programs and policies that worked toward reaching climate goals to help curb the planet's overheating. However, without the support of the government, climate responsibility becomes even more of a choice for large corporations that had previously pledged to do better. Meanwhile, the planet is rapidly overheating due to human-induced pollution of heat-trapping gases from burning dirty fossil fuels for energy. Rising global temperatures, linked to increased extreme weather events, have dire consequences for all life on Earth. What can I do to help? Forming a unified front in the fight against rising global temperatures and changing climates is key to achieving effective progress. However, change can also happen on an individual level. Being part of the solution requires first learning about critical climate issues and understanding how different aspects of your lifestyle may be contributing to the larger problem. Simple switches you can make to lower your carbon footprint include walking or biking instead of driving, or driving an electric vehicle instead of a gas-powered car. Shopping secondhand instead of buying things new and supporting brands that align with environmental values are other ways to help. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet. Solve the daily Crossword
