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Mondelz International unveils multi-year commitment to advancing racial equality

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Over the next three years, the company will address local and global opportunities to advance racial equality and economic empowerment by expanding its D&I initiative into three key areas:

colleagues

To ensure the diversity of its peers at all levels representing the communities, clients and customers that Mondelz serves, the company is committed to doubling Black representation in U.S. management by 2024.

To enable this goal, it has implemented a series of actions throughout its business, including increasing the presence of underrepresented candidates on interview lists, doubling investment in early career programs, including historically colleges and universities. Black and the creation of new mentoring and leadership development programs. for people of color.

In addition, Mondelz will increase D&I’s strategic influence within the organization by appointing a D&I Global Officer.

culture

Mondelz will invest in building cultural competencies for all employees and will include D&I performance metrics in business units and functional goals as part of the company’s effort to strengthen its culture and continue to cultivate an inclusive workplace. Without prejudice and equality that enables all colleagues to be themselves and reach their full potential, the company stated.

It also plans to mobilize its brands faced by consumers and utilize its partnership with advertising agencies and platforms to promote change, equity and inclusion. To promote reflection and service to its U.S. Business Unit, the company will honor Martin Luther King Jr. Day as a US Paid Holiday and introduce the Juneteenth to a U.S. service day.

communities

In all business units, the company will foster partnerships to support underrepresented communities. Efforts include:

  • Commitment of $ 1 billion worth of women-owned business globally by 2024 to boost economic inclusion for underrepresented communities;
  • A new multi-year signing partnership with the Boys & Girls Clubs of America to help close the opportunities gap for young people; and
  • Establish a multi-year scholarship program for signatory colleges for underrepresented youth in the United States.

“In a world that may seem more divided than ever, our business and our brands have the power to bring people together and take a stand on this important issue,” said Glen Walter, executive vice president and president, North America . “We are confident that we can make a real and meaningful impact in the short and long term, and we will continue to evolve and refine our plans to ensure we are moving, positive, sustainable and much needed change. in matters of racial equality and inclusion “.

Mondelz will report its annual progress against its D&I goals in it Snacking Good Report, in addition to other goal – focused activities and PIKs.

Based in Chicago, Mondelz International empowers consumers to enjoy snacks in more than 150 countries around the world. Its net income was approximately $ 26 billion in 2019.



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