Business

Mondelēz Kinh Do ready to shake hand with others for environment

By Hoai An June 15, 2022 | 08:00 AM GMT+7

Mondelēz Kinh Do affirms it is willing to cooperate with other companies to find solutions that benefits environment, aiming at realizing circular economy model.

Like other FMCG businesses, from 2024, Mondelēz Kinh Do has to carry out extended producer responsibility (EPR), which is a policy approach under which producers are given a significant responsibility – financial and/or physical – for the treatment or disposal of post-consumer products. EPR may take the form of a reuse, buyback, or recycling program.

Sharing with TheLEADER, Bui Khanh Nguyen, public affairs and communications senior leader of Mondelēz Kinh Do revealed that the company has been ready for the EPR roadmap towards a circular economy model in Vietnam. It has done initial preparations to be more proactive in a new context of market that apply more new legal regulations on sustainable production and consumption.

In details, Mondelēz Kinh Do pioneered in using packaging that is easy for recycle. 95 per cent of its total packaging, including both plastic and non-plastic, is recyclable and reusable.

The company also has plans on doing validation for lamination film (PP based material) for its products with sustainability material, as well as packaging material reduction by 20 per cent for any new product development or re-innovation project.

This important milestone contributes greatly to the company’s long-term ambition to leverage its scale to reduce the impact on the environment and its commitment to achieving 100 per cent packaging recyclable and labeled with consumer information across its portfolio by 2025.

To realize its bold commitments, Mondelēz Kinh Do has significantly stepped up its efforts to make sustainable packaging not only available but also apparent to consumers.

Mondelēz Kinh Do: Ready to shake hand with others for environment
Mondelēz Kinh Do has also been a leader in applying plastic packaging solutions, and is always ready to share technical know-how, join hand with other peers in the same industry to seek solutions for common environmental benefits.

In addition, as a member of the Packaging Recycling Organization Vietnam (PRO Vietnam), a leading initiative focused on driving the circular economy and making recycling more accessible and sustainable, it takes a leading position in on-pack communication for recycling with transparency.

Accordingly, the company applies PRO logo on the packaging of its products as an affirmation of Mondelēz Kinh Do’s eco-friendly packaging. By choosing to purchase products made from recycled materials, consumers will play an important role in keeping plastic waste out of the environment and meaningfully contribute to a more sustainable future for people and the planet.

Raising customers' awareness about recycling through wrapping is a prime goal of Pro Vietnam, and is the first step toward the commitment of making the group's members' packaging 100 per cent recyclable.

Mondelēz Kinh Do has also been a leader in applying plastic packaging solutions, and is always ready to share technical know-how, join hand with other peers in the same industry to seek solutions for common environmental benefits.

Enterprises promote EPR in circular economy

Nguyen said that Mondelez Kinh Do's vision for sustainable development follows Mondelēz International committing to a 2050 target of net zero greenhouse gas emissions across its full value chain.

This action plan includes designing 100 per cent of packaging to be recycle ready by 2025, converting global manufacturing electricity footprint to renewable energy, starting replacing thermal fuels (such as natural gas, diesel, gasoline) with "green" alternatives.

In logistics, it plans to invest in new mobility concepts including electric and hydrogen trucks, improve efficiency of distribution networks by optimizing routes, improving truck & container utilization, increasing intermodal solutions and reducing traveled distances.

Having sustainable development thinking and long-term vision investment strategy, Mondelez Kinh Do has made careful preparations from taking advantage of technological innovations, applying digital transformation to daily sales and production activities, to lay strong foundation for future growth.

As a result, it has achieved impressive growth results against the challenges of the Covid-19 pandemic.

According to Nielsen's retail audit report in Vietnam (excluding MM Mega Market Vietnam and semi-retailer channels), Mondelez Kinh Do ranked first in terms of both value share and volume share in the biscuit category in Vietnam from May 2020 to April 2021.

The company was also named in the ranking of "Top 10 Most Prestigious Food Companies" for the third year in a row announced by Vietnam Report and VietNamNet. It has received the Top 100 Sustainable Business in 2021 Award by Vietnam Business Council for Sustainable Development (CSI 100). 

Eco-design for circular economy

Eco-design for circular economy

Business -  2 year
Hoang Duc Vuong, head of the Recycled Plastics Unit at the Vietnam Plastics Association, stresses that in a good circular economy model, the design of product packaging must be suitable for the goals of collection and recycling, not only in treatmeant progress.
Eco-design for circular economy

Eco-design for circular economy

Business -  2 year
Hoang Duc Vuong, head of the Recycled Plastics Unit at the Vietnam Plastics Association, stresses that in a good circular economy model, the design of product packaging must be suitable for the goals of collection and recycling, not only in treatmeant progress.
Menas set to launch four supermarkets

Menas set to launch four supermarkets

Business -  1 week

Menas has officially opened Mena Gourmet Market, a premium integrated supermarket located on the B1 floor of Menas Mall Saigon Airport, near Tan Son Nhat International Airport in Ho Chi Minh City.

T&T Group becomes strategic shareholder of Vietravel Airlines

T&T Group becomes strategic shareholder of Vietravel Airlines

Business -  2 week

T&T Airlines, T&T SuperPort, and BVIM Fund have acquired stakes in the tourism airline, marking a significant milestone in the company’s expansion.

V-GREEN and Prime Group to build 100,000 VinFast EV charging stations in Indonesia

V-GREEN and Prime Group to build 100,000 VinFast EV charging stations in Indonesia

Business -  2 week

V-GREEN and Prime Group have signed a memorandum of understanding to develop a network of charging stations for VinFast electric vehicles across Indonesia.

SVD-Group partners with Menas to bring Russian products to Vietnam

SVD-Group partners with Menas to bring Russian products to Vietnam

Business -  3 week

Menas Vietnam has signed a strategic memorandum of understanding with SVD-Group, marking a significant milestone in introducing premium Russian products to Vietnamese consumers.

Menas brings Da Lat agricultural products to Mena Gourmet Market

Menas brings Da Lat agricultural products to Mena Gourmet Market

Business -  4 week

Menas has recently signed a strategic partnership agreement with Ngoc Duy Group and Da Dream Farm to introduce high-quality agricultural products from Lam Dong province to the nationwide distribution network of Mena Gourmet Market.

MISS EDE debuts in US market with high-quality Vietnamese robusta

MISS EDE debuts in US market with high-quality Vietnamese robusta

Business -  1 month

MISS EDE's recent shipment of 18,000 packages of roasted coffee to the US marks a pivotal step for Dak Lak’s coffee industry toward global recognition.