Primary Climate Goal
Mondelez International's target annual all Scopes emissions for 2050 should be equal to 0 Kt = 0% * 25,440 Kt, according to the company's stated climate goal.
In order to achieve this goal, Mondelez International would need to reduce its emissions at least by -877 Kt per annum over the period from 2022 to 2050:
-877 Kt = ( 0 Kt - 25,440 Kt ) / (2050 - 2021)
This translates into a -3.4% reduction in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Mondelez International aims to achieve net zero for all Scopes by 2050
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Mondelez International reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,428 Kt (-100 /-6.5% y-o-y). Also positively, carbon intensity decreased sharply to 50 t (-7.8 /-13.6% y-o-y).
Mondelez International's Scope 3 emissions increased to 24,013 Kt (
The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -877 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Mondelez International also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. American multinational confectionery, food, and beverage holding company Mondelēz International commits to reduce absolute scope 1, 2, and 3 (purchased goods and services and waste generated in operations) GHG emissions 10% by 2025 from a 2018 base year.