Mondelēz International joins Net Zero Carbon Alliance
LEADING snacks company Mondeléz International in the Philippines has advanced its Sustainable Snacking platform by becoming a member of the Net Zero Carbon Alliance (NZCA). This move is in line with the Company’s global commitment to achieve net zero carbon emissions across its full value chain by 2050.
In the Philippines, the snacks company has been working steadily since 2018 to reduce the amount of carbon emissions from its manufacturing activities.
Mondeléz International locally has been using 100 percent renewable energy for its Plant, switching to hydro power in 2023 to make its well-loved snack products.
Globally, Mondeléz International has also announced a significant milestone toward its goal of net zero greenhouse gas emissions across its full value chain by 2050. After joining the Science Based Targets Initiative (SBTi)’s NZCA two years ago, the Company has submitted a time-bound plan within SBTi’s timeframe, consistent with the 1.5-degree Celsius protocol.
A 2022 edition of the State of Snacking Survey showed that consumers around the world are willing to pay a premium for sustainability. Some 61 percent of consumers surveyed agree they would pay a small carbon tax on a snack to offset the environmental impact of making it.
NZCA is a private sector-led movement toward attaining net zero carbon emissions among businesses in the Philippines as part of its mission to forge collaborative pathways for a decarbonized and regenerative future. As part of NZCA, Mondelez Philippines can benefit from the expertise of the collective and create a roadmap to achieve carbon neutrality.