Mondelez International

"Mondelez International has set a net zero target of achieving greenhouse gas emissions across its full value chain by 2050. Net Zero Tracker
This target was established in 2021. Net Zero Tracker
The company also has an interim target of reducing emissions by 10% relative to 2018 emissions by 2025. Net Zero Tracker
An interesting aspect of their environmental policy is their commitment to nature-based solutions and carbon capture, with plans to plant cocoa, shade trees, forest and fruit trees on 2,000 hectares of previously deforested brown field land to promote biodiversity and carbon capture. Net Zero Tracker
In addition, …"

Current Score (vs. LY)

59.4 pts (2.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #43

S&P100: #27

Consumer Staples: #8

96.7%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

50.9%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

33.3%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 838,069852,548856,590
Scope 2 - location-based NA760,947938,601
Scope 2 - market-based 589,644674,770906,349
Scope 1-2 - location-based 838,0691,613,4951,795,191
Scope 1-2 - market-based 1,427,713 1,527,318 1,762,939
Scope 3 24,012,75523,084,1480
Total - location-based 24,850,82424,697,6431,795,191
Total - market-based 25,440,468 23,732,762 1,762,939

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 27,903,02025,440,468
Methodology Previous year intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Mondelez International belongs to the sector Consumer Staples.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2S3MKT 10.0 2018 2025 Note that all the scope 3 emissions categories are not fully covered
S1S2MKT 10.0 2018 2025

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3MKT FULL 2050

Science-based Targets (SBTI)

Date Published / Updated :01/04/2024

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 Targets Set : 1.5°C by 2050 Yes by 2050
Mondelez International is a member of the Business Ambition for 1.5 campaign (link here )

American multinational confectionery, food, and beverage holding company Mondelēz International commits to reduce absolute scope 1, 2, and 3 (purchased goods and services and waste generated in operations) GHG emissions 10% by 2025 from a 2018 base year.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Mondelez International by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Yes (nature-based and CCS-based removals)

Additional notes: Nature-based and CCS: '2,000 hectares of previously deforested brown field land, which will be planted with cocoa, shade trees, forest and fruit trees to promote biodiversity and carbon capture' (p69)

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 10.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 9.0 10.0 0.0
Transparency 29.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 2.86612400391395 10.0 0.0
7 Targets are science-based as validated by SBTi 7.5 10.0 0.0
Commitments 20.36612400391395 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 5.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 5.0 10.0 2.5
Results 10.0 30.0 2.5
Total 59.4 100.0 2.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 5.0 0.0 5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? full 5.0 / 5.0 5.0 0.0 5.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A- 9.0 / 10.0 9.0 0.0 8.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? 2025 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 4.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 2.9
2.9 / 5.0 2.9 0.0 3.4
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set Well-below 2°C 7.5 / 10.0 7.5 0.0 7.5
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 4.3
Actual (in %): -1.7
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 2.9
Actual (in %): 6.5
5.0 / 5.0 5.0 0.0 5.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 2.3°C 5.0 / 10.0 2.5 2.5 2.5
Total 59.4 / 100.0 56.9 2.5 49.4


Available Data Sources

Reporting Year 2021 2021 2021 2020 2020 2020 2019 2019 2018
Source Public Yourstake Wikirate CDP Public Wikirate (NV) Public CDP Public
Publication Year 2022 2022 2022 2021 2021 unknown 2021 2020 2021
Scope 1 838,069 838,069 838,069 852,548 852,548 NA 856,590 856,590 NA
Scope 2 - location-based NA NA 589,644 760,947 760,947 NA 938,601 938,601 NA
Scope 2 - market-based 589,644 589,644 NA 674,770 674,770 NA 906,349 906,349 NA
Scope 1-2 - location-based 838,069 838,069 1,427,713 1,613,495 1,613,495 0 1,795,191 1,795,191 0
Scope 1-2 - market-based 1,427,713 1,427,713 NA 1,527,318 1,527,318 NA 1,762,939 1,762,939 NA
Scope 3 24,012,755 24,012,755 24,012,755 23,084,148 23,084,148 23,084,148 0 19,852,210 17,498,859
Total - location-based 24,850,824 24,850,824 25,440,468 24,697,643 24,697,643 23,084,148 1,795,191 21,647,401 17,498,859
Total - market-based 25,440,468 25,440,468 NA 23,732,762 24,611,466 NA 1,762,939 20,450,388 NA

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

© Vincent Manier - September 2021 About us . Keep in touch . Blog