Key Points:
- Mondelēz International has announced investments in companies focusing on compostable packaging and regenerative agriculture through its sustainability-focused venture arm.
- The investments aim to advance scalable, high-impact solutions at the intersection of climate, community, and circularity.
- Companies receiving investment include Pack2Earth, eAgronom, and Ziro, each working on innovative solutions in their respective fields.
Insights:
Mondelēz’s commitment to sustainability and innovation stands out amidst challenges faced by some of its food industry peers.
While General Mills and PepsiCo have made adjustments to their growth strategies and climate goals, Mondelēz continues to prioritize sustainable practices and investments.
Despite challenges in reducing virgin plastic use, Mondelēz reported a 12% reduction in emissions and progress in ingredient sourcing and manufacturing practices.
As the company faces future challenges, it remains focused on finding new materials and solutions to further enhance its sustainability efforts.