Mondelez International faces a class action claim over a data breach and alleged child labor perpetuation. Despite these challenges, the firm's stock remains firm and received an 'outperform' rating from RBC. The firm continues its dedication towards positive global impact, declaring a regular quarterly dividend of $0.425 per share and releasing its 2022 Snacking Made Right report highlighting their community impact and employee volunteering efforts. Investments into sustainability and CSR continue with their Cocoa Life and Wheat Sustainability programs. Meanwhile, Mondelez illustrates drive for improvement and cultivation of their human resources by launching an internship program through their SnackFutures startup engagement initiative, a scholarship partnership with Thurgood Marshall College Fund, and sending a selection of their top-tier employees for a skills-exchange mission to Ghanaβs cocoa farming communities. Despite the risks highlighted by critics, Mondelez continues its economic growth with a $23 million investment to expand Indonesia's Oreo production and opening a $30 million 'Line of the Future' manufacturing unit in Poland.
Mondelez International Class A MDLZ News Analytics from Tue, 04 Jun 2013 07:00:00 GMT to Tue, 04 Jun 2024 07:00:00 GMT -
Rating 3
- Innovation -1
- Information 8
- Rumor -7
