Press release -
Mondelēz International Celebrates 10th Anniversary, Reaffirms Long-Term Growth Strategy
- “Vision 2030” strategy emphasizes growth acceleration and portfolio focus
- Global Purpose Day events reinforce employee commitment to“empowering people to snack right”
- UK colleagues volunteer their time and skills to localcommunities including the award winning Health for Lifeprogramme.
- Chairman and CEO Dirk Van de Put rings Nasdaq Closing Bell
CHICAGO – October 6, 2022 – Mondelēz International (Nasdaq: MDLZ) todaycelebrated its 10th anniversary with a global, enterprise-wide recommitmentto its Purpose of empowering people to snack right. Entering its seconddecade, the company is well positioned to become the global snacking leaderby winning in chocolate, biscuits, and baked snacks.
“We have so much to be proud of since Mondelēz International was born in2012,” said Dirk Van de Put, Chairman & CEO, Mondelēz International. “Wehave delivered sustained growth and strong financial performance, whilecontinuously innovating to stay ahead of changing consumer tastes, andnavigating a dynamic external environment. As we recognize this importantmilestone in our company’s young history, our 80,000 talented ‘makers andbakers’ around the world are even more passionate about creating the rightsnacks, for the right moments, made the right way for many years to come.”
Each October, Mondelēz International celebrates its annual Purpose Day –encouraging employees to pause, reflect, and refocus on their roles inadvancing the company’s Purpose. This year’s event features a wide range ofcommunity outreach, volunteering, mindfulness, and wellness initiativesacross the company’s global operations.
In the UK, colleagues across the business will be celebrating this milestoneby volunteering their time and skills – particularly in support of Health forLife, the company’s award winning, evidence based community investmentprogramme. Over 231,000 people have engaged in healthy lifestyle activitiesrelating to cooking and healthy eating, food growing and physical activityand over 1200 volunteers from Mondelēz International have supported theprogramme over the last 10 years.
This Purpose Day, volunteers will be supporting a number of Health for Lifecommunity food growing spaces with infrastructure and general maintenanceahead of the next growing season.
In 2021 Health for Life also celebrated it’s 10-year anniversary followingcontinued investment of £4.5M from the company. To mark the occasion,grants of £5k were awarded to three Health for Life primary schools to investin additional healthy lifestyle projects, including new outdoor fitness areasand a dedicated and fully equipped cooking classroom.
The company’s Purpose Day celebration culminates with the ringing of theclosing bell today on the Nasdaq Stock Exchange to mark MondelēzInternational’s 10th year of listing.
Reinforcing “Vision 2030” Growth Strategy
Mondelēz International unveiled the evolution of its growth strategy at itsMay 10 investor update event. Today’s celebration reinforced the company’scommitment to its four strategic pillars:
Growth: Accelerating growth and focusing its portfolio ongenerating 90% of revenue in chocolate and biscuits, includingbaked snacks.
Execution: Investing more than $1 billion to become the digitalcommerce snacks leader – aiming to deliver 20% of revenuesfrom digital channels by 2030 – while advancing future-forwardcommercial growth capabilities.
Culture: Strengthening the company’s local-first operating modelto further empower employees, promote a growth culture, andcontinue building a team of deep and diverse talent.Sustainability: Helping to drive positive change at scale acrossthe company’s focused set of environmental, social, andgovernance priorities – creating long-term value for both thebusiness and its stakeholders.
Celebrating First Decade of Growth
Since its launch in 2012, Mondelēz International has delivered strong returnsto shareholders while investing in its communities and providing consumerswith beloved brands that represent the “taste of the nation” in countries allover the world – providing both sustenance and indulgence. Key highlights inthe company’s history include:
Increasing its focus on the fast-growing chocolate and biscuitscategories, growing from 59% revenue contribution in 2012 toalmost 80% today.
Spinning off its coffee business in 2015 to create successful jointventures, while increasing focus on its core snacking portfolioand creating additional shareholder value.
Completing numerous strategic, growth-accretive acquisitions –including Chipita, Clif Bar & Company, Give & Go, and Tate’s BakeShop – adding approximately $2.3 billion in revenue withattractive and sustainable profit pools.
Building a global presence across 150 countries, with 75% ofrevenue generated outside the United States and 35% from fast-growing emerging markets, where the company has grown at arobust 11.2% CAGR over the past three years.
Significantly improving annual free cash flow generation andreturning more than $34 billion in capital to shareholders overthe past 10 years through dividends and share repurchases.Investing $400 million in Cocoa Life, the company’s signature
program designed to source cocoa more sustainably whilehelping to tackle the root causes of complex challenges facingcocoa farming communities, and contributing more than $50million since 2012 to organizations focused on healthy lifestylesthrough the Mondelēz International Foundation.
Making progress toward the company’s 2025 sustainability goals:
Ingredients: By the end of 2021, 75% of cocoavolume for chocolate brands was sourced throughCocoa Life; on track to reach goal of 100% by 2025.Climate: In 2021, 32% of electricity used inmanufacturing sites was renewable compared to23% in 2020. This initiative was the most importantcontributor to our reduction of 56,000 tons ofcarbon emissions in 2021; on track to reach goal of10% reduction in end-to-end CO2e emissions by2025.
Packaging: In 2021, achieved 95% of packagingdesigned to be recyclable; on track to reach goal of100% by 2025.
Mondelēz International Celebrates 10th Anniversary, Reaffirms Long-Term Growth Strategy
This Purpose Day, volunteers will be supporting a number of Health for Lifecommunity food growing spaces with infrastructure and general maintenanceahead of the next growing season.
In 2021 Health for Life also celebrated it’s 10-year anniversary followingcontinued investment of £4.5M from the company. To mark the occasion,grants of £5k were awarded to three Health for Life primary schools to investin additional healthy lifestyle projects, including new outdoor fitness areasand a dedicated and fully equipped cooking classroom.
The company’s Purpose Day celebration culminates with the ringing of theclosing bell today on the Nasdaq Stock Exchange to mark MondelēzInternational’s 10th year of listing.
Reinforcing “Vision 2030” Growth Strategy
Mondelēz International unveiled the evolution of its growth strategy at itsMay 10 investor update event. Today’s celebration reinforced the company’scommitment to its four strategic pillars:
Growth: Accelerating growth and focusing its portfolio ongenerating 90% of revenue in chocolate and biscuits, includingbaked snacks.
Execution: Investing more than $1 billion to become the digitalcommerce snacks leader – aiming to deliver 20% of revenuesfrom digital channels by 2030 – while advancing future-forwardcommercial growth capabilities.
Culture: Strengthening the company’s local-first operating modelto further empower employees, promote a growth culture, andcontinue building a team of deep and diverse talent.
Sustainability: Helping to drive positive change at scale acrossthe company’s focused set of environmental, social, andgovernance priorities – creating long-term value for both thebusiness and its stakeholders.
Mondelēz International Celebrates 10th Anniversary, Reaffirms Long-Term Growth Strategy
Celebrating First Decade of Growth
Since its launch in 2012, Mondelēz International has delivered strong returnsto shareholders while investing in its communities and providing consumerswith beloved brands that represent the “taste of the nation” in countries allover the world – providing both sustenance and indulgence. Key highlights inthe company’s history include:
Increasing its focus on the fast-growing chocolate and biscuitscategories, growing from 59% revenue contribution in 2012 toalmost 80% today.
Spinning off its coffee business in 2015 to create successful jointventures, while increasing focus on its core snacking portfolioand creating additional shareholder value.
Completing numerous strategic, growth-accretive acquisitions –including Chipita, Clif Bar & Company, Give & Go, and Tate’s BakeShop – adding approximately $2.3 billion in revenue withattractive and sustainable profit pools.
Building a global presence across 150 countries, with 75% ofrevenue generated outside the United States and 35% from fast-growing emerging markets, where the company has grown at arobust 11.2% CAGR over the past three years.
Significantly improving annual free cash flow generation andreturning more than $34 billion in capital to shareholders overthe past 10 years through dividends and share repurchases.Investing $400 million in Cocoa Life, the company’s signature program designed to source cocoa more sustainably whilehelping to tackle the root causes of complex challenges facingcocoa farming communities, and contributing more than $50million since 2012 to organizations focused on healthy lifestylesthrough the Mondelēz International Foundation.
Making progress toward the company’s 2025 sustainability goals:
Ingredients: By the end of 2021, 75% of cocoavolume for chocolate brands was sourced throughCocoa Life; on track to reach goal of 100% by 2025.
Climate: In 2021, 32% of electricity used inmanufacturing sites was renewable compared to23% in 2020. This initiative was the most importantcontributor to our reduction of 56,000 tons ofcarbon emissions in 2021; on track to reach goal of10% reduction in end-to-end CO2e emissions by2025.
Packaging: In 2021, achieved 95% of packagingdesigned to be recyclable; on track to reach goal of100% by 2025.
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About Mondelēz International
Mondelēz International, Inc. (NASDAQ: MDLZ) empowers people to snackright in over 150 countries around the world. With 2018 net revenues ofapproximately $26 billion, MDLZ is leading the future of snacking with iconicglobal and local brands such as Oreo, belVita and LU biscuits; Cadbury DairyMilk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum.Mondelēz International is a proud member of the Standard and Poor’s 500,Nasdaq 100 and Dow Jones Sustainability Index.
Visitwww.mondelezinternational.com or follow the company on Twitter at www.twitter.com/MDLZ
