top of page

The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

FoodBev Media Logo
Nov - Food Bev - Website Banner - TIJ vs TTO 300x250.gif
Access more as a FoodBev subscriber

Sign up to FoodBev and unlock more insights from the international food and beverage industry. Subscribers have access to webinars, newsletters, publications and more...

News Desk

News Desk

24 February 2021

Mondelēz unveils new impact investing platform

Mondelēz unveils new impact investing platform

Mondelēz International has announced the launch of Sustainable Futures, an impact investing platform to support ventures addressing key global issues. The new platform gives the company the opportunity to pursue and incubate innovative projects, together with 'like-minded' investors. Through Sustainable Futures, Mondelēz aims to co-invest in projects addressing climate change, as well as make seed investments in social ventures working to improve livelihoods and build healthier communities. Sustainable Futures will seek to support projects that reduce carbon emissions, protect forests and increase resilience in the landscapes from which Mondelēz sources raw materials. The first social ventures to receive support will include a non-governmental organisation (NGO) in India that will set up a women-owned social enterprise to up-cycle multi-layered plastic packaging into board. In addition, Sustainable Futures will back a project in South Africa supporting agro-entrepreneurs in ‘climate-smart’ food production, along with INMED Aquaponics Social Enterprise. “We don’t have all the answers, but we do know that alone, we can never achieve significant progress in the fight against systemic issues like climate change,” said Dirk Van de Put, chief executive and chairman of Mondelēz International. “Sustainable Futures is our first foray into impact investing and gives us the opportunity to work with others in supporting environmental and social projects that can help drive meaningful, long-term change.” Christine Montenegro McGrath, VP and chief of global impact and sustainability at Mondelēz International, added: “It’s only by testing and learning new approaches, and by seeking new forms of partnership with NGOs, governments and social entrepreneurs, that we can unleash the creativity we need to tackle some of the world’s most challenging issues. “By offering seed investment and expertise through Sustainable Futures, Mondelēz International can help to create lasting solutions in areas like forest protection, carbon emissions reduction, and innovation in recycling.”

Related posts
Mondelez invests $40m in generative AI to cut marketing costs
Marketing

Mondelez invests $40m in generative AI to cut marketing costs

Mondelēz and Tesco launch sustainable packaging trial for Crunchie multipacks
Packaging

Mondelēz and Tesco launch sustainable packaging trial for Crunchie multipacks

Mondelēz' Clif Bar unveils new caffeinated energy bar line
New products

Mondelēz' Clif Bar unveils new caffeinated energy bar line

Mondelez promotes Norberto Chaclin to EVP and chief R&D officer
Appointments

Mondelez promotes Norberto Chaclin to EVP and chief R&D officer

Trump confirms tariffs on imports from Mexico and Canada, adds an additional 10% to China
Business

Trump confirms tariffs on imports from Mexico and Canada, adds an additional 10% to China

Ritz adds Spicy Queso flavour to snack line-up
New products

Ritz adds Spicy Queso flavour to snack line-up

DSM | Leader
bottom of page