Mondelēz International's 2024 Snacking Made Right Report details progress in sustainability initiatives and mindful snacking strategies.
Quiver AI Summary
Mondelēz International, Inc. has released its 2024 Snacking Made Right Report, showcasing significant strides towards a more sustainable snacking business. Key highlights include progress in sustainable sourcing through the Cocoa Life program, achieving a 12% reduction in greenhouse gas emissions since 2018, and ensuring approximately 96% of packaging is recyclable. The company also reports that 84% of its revenue now comes from mindful portion snacks. CEO Dirk Van de Put emphasized that sustainability is integral to the company’s long-term strategy, enhancing resilience and growth. The report reflects Mondelēz's commitment to transparency and making a positive impact on people and the planet.
Potential Positives
- Showcases significant progress towards sustainability goals, including a 12% reduction in GHG emissions across its value chain, reinforcing the company's commitment to environmental responsibility.
- Highlights advancements in responsible sourcing, with Cocoa Life covering nearly 91% of cocoa volume, which supports community empowerment and landscape regeneration.
- Demonstrates leadership in packaging sustainability, with approximately 96% of packaging now designed to be recyclable, aligning with a circular economy approach.
- Indicates strong growth in the Mindful Portion Snacks portfolio, with over 84% of revenue coming from individually wrapped snacks, reflecting consumer trends towards mindful consumption.
Potential Negatives
- Despite highlighting sustainability efforts, the reliance on third-party sustainability programs like Cocoa Life may raise concerns about transparency in operational practices and the extent to which these initiatives are effectively executed.
- The significant emphasis on sustainability in the report could indicate that the company is attempting to bolster its public image amidst increasing scrutiny from consumers and investors regarding corporate environmental responsibility.
- The report's focus on sustainability might overshadow other important metrics of performance, such as financial outcomes or consumer satisfaction, potentially leading to questions about overall business success.
FAQ
What is the main focus of the 2024 Snacking Made Right Report?
The report emphasizes Mondelēz International's advancements in sustainability, including sourcing, emissions reduction, and recyclable packaging.
How has Mondelēz reduced greenhouse gas emissions?
The company achieved approximately a 12% reduction in end-to-end GHG emissions compared to 2018 levels.
What percentage of packaging is designed to be recyclable?
About 96% of Mondelēz's packaging is now designed to be recyclable, contributing to a circular economy.
What are Mindful Portion Snacks?
Mindful Portion Snacks are individually wrapped items or packs with clear portion guidance, making up over 84% of revenue.
How does Mondelēz prioritize sustainability?
Sustainability is considered the fourth pillar of Mondelēz's long-term strategy, alongside growth, execution, and culture.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MDLZ Congressional Stock Trading
Members of Congress have traded $MDLZ stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MDLZ stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN purchased up to $15,000 on 02/25.
- REPRESENTATIVE THOMAS H. KEAN, JR. purchased up to $15,000 on 02/07.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 01/24.
- REPRESENTATIVE EMILY RANDALL sold up to $15,000 on 01/06.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$MDLZ Hedge Fund Activity
We have seen 759 institutional investors add shares of $MDLZ stock to their portfolio, and 989 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MIZUHO SECURITIES USA LLC removed 12,447,264 shares (-99.0%) from their portfolio in Q4 2024, for an estimated $743,475,078
- PARNASSUS INVESTMENTS, LLC removed 6,632,299 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $396,147,219
- CAPITAL RESEARCH GLOBAL INVESTORS added 4,572,555 shares (+13.9%) to their portfolio in Q4 2024, for an estimated $273,118,710
- VONTOBEL HOLDING LTD. removed 3,428,539 shares (-36.1%) from their portfolio in Q4 2024, for an estimated $204,786,634
- HOLOCENE ADVISORS, LP added 3,379,164 shares (+155.8%) to their portfolio in Q4 2024, for an estimated $201,837,465
- VAN ECK ASSOCIATES CORP added 3,282,937 shares (+2560.0%) to their portfolio in Q4 2024, for an estimated $196,089,827
- ILEX CAPITAL PARTNERS (UK) LLP removed 2,973,324 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $177,596,642
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MDLZ Analyst Ratings
Wall Street analysts have issued reports on $MDLZ in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 03/27/2025
- Morgan Stanley issued a "Overweight" rating on 03/24/2025
- Bank of America Securities issued a "Buy" rating on 11/06/2024
- Wells Fargo issued a "Overweight" rating on 10/30/2024
To track analyst ratings and price targets for $MDLZ, check out Quiver Quantitative's $MDLZ forecast page.
$MDLZ Price Targets
Multiple analysts have issued price targets for $MDLZ recently. We have seen 3 analysts offer price targets for $MDLZ in the last 6 months, with a median target of $61.0.
Here are some recent targets:
- An analyst from Piper Sandler set a target price of $59.0 on 03/27/2025
- Chris Carey from Wells Fargo set a target price of $61.0 on 01/08/2025
Full Release
- Showcases continued leadership and meaningful progress towards a more sustainable snacking business.
- Highlights include continued advancement in more sustainable sourcing, carbon emission reductions, recyclable packaging, and mindful portions.
-
Demonstrates how Sustainability can help drive resilience, innovation, and long-term business growth.
CHICAGO, April 15, 2025 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today released its 2024 Snacking Made Right Report, highlighting the Company’s progress against its Sustainability goals. This year’s report underscores Mondelēz International’s ongoing dedication to making snacking more sustainable and reiterates its commitment to prioritizing Sustainability as the fourth pillar in its long-term Strategy – alongside Growth, Execution and Culture. 1
The report also illustrates the Company’s continued commitment to transparency, showcasing meaningful progress toward its efforts to drive more sustainable and mindful snacking. Highlights of the company’s 2024 progress include:
- Advancing responsible sourcing through Cocoa Life, the company’s signature cocoa sustainability program, helping to empower farming communities and regenerate landscapes, now covering nearly 91% of cocoa volume.
- Accelerating climate action efforts, achieving approximately a 12% reduction in end-to-end GHG emissions across the Company’s value chain compared to 2018.
- Continuing progress towards a more circular economy for packaging, with approximately 96% of our packaging designed to be recyclable.
- Growing the Company’s Mindful Portion Snacks portfolio, with over 84% of revenue now derived from individually wrapped mindful portions or clear portion guidance on packs.
“We continue to prioritize Sustainability as the fourth pillar in our long-term Strategy, as we believe that a more sustainable business adds value over the long-term,” said Dirk Van de Put, Chairman and CEO, Mondelēz International. “With the right strategy, the right brands, the right geographic footprint, and the right people – I’m confident that we remain solidly positioned for long-term, sustainable growth.”
The company’s approach to delivering progress is two-pronged, including working closely upstream and downstream across the supply chain and playing a leadership role in industry and sector initiatives.
“I’m proud of the consistency of our approach and the strong progress we continue to achieve against our Sustainability goals in 2024,” said Christine Montenegro McGrath, Chief Impact & Sustainability Officer, Mondelēz International. “We remain focused on making an impact where we think people and our planet need it most, and I am encouraged by the results of this focus.”
About Mondelēz International
Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2024 net revenues of approximately $36.4 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate. Mondelēz International is a proud member of the Dow Jones Best-in-Class North America and World Indices, formerly Dow Jones Sustainability Indices. Visit www.mondelezinternational.com or follow the company on X at x.com/MDLZ .
1 We aim to regularly and transparently report our progress. You can find additional details on Mondelēz International’s ESG goals and reported information within the About This Report section of our 2024 Snacking Made Right Report .
Contact
:
Maggie McKerr
1-847-943-5678
[email protected]
