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.