Mondelēz invests in renewable energy

Mondelēz International have taken further steps to become a sustainable snacking company as it strives to reach its 2050 goal of net zero greenhouse gas emissions across its entire value chain.

Announcing its “new step forward,” the company has announced a significant investment in renewable energy produced by photovoltaic power plants in Poland, marking a substantial contribution to the long-term goal.

Mondelēz have also signed in Poland a 12-year Virtual Power Purchase Agreement with GoldenPeaks Capital, a Swiss company investing in renewable energy sources across Europe. GoldenPeaks Capital will supply approximately 126 gigawatt hours of carbon free, renewable electricity on a yearly basis, produced by several solar power plants in Poland.

The agreement aims to save more than one million metric ton equivalent of Co2 during its agreed tenor. It will offset approximately the electricity-related carbon footprint of eight Mondelēz plants in Poland including sites in Plonsk, Tomaszow Mazowiecki, Jankowice, Jaroslaw, Bielany Wroclawskie, Cieszyn and Skarbimierz. The energy production is planned to start in March 2023.

“We are proud that Mondelēz invests in renewable energy in Poland. It will not only accelerate our existing efforts to reduce our emissions footprint in local supply chain across eight plants but also help to create a more sustainable snacking company,” said Roman Sitko, President of the Board, Mondelēz Polska Production.

“Cooperation with GoldenPeaks Capital in Poland is a great proof point that we are transforming how we do business across our operations towards more sustainable future,” added Marcin Dobrock, Senior Managing Director, Poland and Baltics. “I am proud that our consumers, when buying their favorite brands produced locally like Milka, Prince Polo, Delicje, San or Lubisie, can be sure that they have been produced with care for the environment.”

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Media contact

Caitlin Gittins
Editor, International Bakery
Tel: +44 (0) 1622 823 920
Email: editor@in-bakery.com

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