Mondelez International Inc is a multinational food and beverage company based in the United States of America. It is one of the world's largest confectionery companies, with a portfolio of iconic brands such as Cadbury, Toblerone, Milka, and Oreo. The company has a strong presence in over 160 countries, with 80,000 employees worldwide. Mondelez International Inc is committed to decarbonisation and has set ambitious sustainability goals to reduce its carbon footprint and promote renewable energy.

Corporate Energy and Decarbonisation

Mondelez International Inc recognises the importance of reducing its carbon footprint and has set a target of reducing its absolute greenhouse gas emissions by 10% by 2025, against a 2018 baseline. The company has implemented a range of energy-saving initiatives to achieve this goal, including the installation of energy-efficient lighting, heating, and cooling systems in its facilities. Mondelez International Inc has also invested in renewable energy projects, such as wind and solar farms, to reduce its reliance on fossil fuels.

Corporate PPA

Mondelez International Inc has entered into several corporate power purchase agreements (PPAs) to support its renewable energy goals. In 2019, the company signed a 15-year PPA with Enel Green Power North America to purchase 65 MW of wind power from the Azure Sky Wind Project in Texas. This PPA is expected to generate approximately 90,000 MWh of renewable energy annually, which is equivalent to the electricity consumption of nearly 50,000 households in the US. Mondelez International Inc has also signed a PPA with EDP Renewables North America to purchase 80 MW of wind power from the Hidalgo Wind Farm in Texas.

Renewable Energy

Mondelez International Inc is committed to sourcing 100% of its cocoa, palm oil, and other key ingredients sustainably by 2025. The company is also committed to using renewable energy to power its operations. In 2019, Mondelez International Inc sourced 43% of its global electricity from renewable sources, up from 35% in 2018. The company has set a target of sourcing 100% of its electricity from renewable sources by 2025.

In addition to sourcing renewable energy, Mondelez International Inc is also investing in renewable energy projects. The company has invested in a wind farm in Mexico that will generate 90 MW of renewable energy, which is equivalent to the electricity consumption of approximately 30,000 households in Mexico. Mondelez International Inc has also invested in a solar farm in India that will generate 20 MW of renewable energy, which is equivalent to the electricity consumption of approximately 14,000 households in India.

Conclusion

Mondelez International Inc is a leading confectionery company that is committed to decarbonisation and promoting renewable energy. The company has set ambitious sustainability goals to reduce its carbon footprint and source 100% of its key ingredients sustainably by 2025. Mondelez International Inc has also entered into several corporate PPAs to support its renewable energy goals and has invested in renewable energy projects around the world. With its commitment to sustainability, Mondelez International Inc is leading the way in the food and beverage industry towards a more sustainable future.