Mondelez International
Corporate Bias Rating
Expand Summary
Risk Level:
Summary:
Mondelez scored a 95 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Mondelez, the parent company of Nabisco, Cadbury, Oreo, and other food brands, increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Mondelez forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Mondelez is part of the Global Alliance for Responsible Media that targets "hate speech" and does not provide viewpoint protections for its employees. The company made a $500,000 donation to the Black Lives Matter Global Network and the NAACP. Oreo made a $500,000 donation to PFLAG, prompting a shareholder proposal calling for Mondelez to analyze the risk of associating with ideological organizations. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Mondelez denounced various states’ legislative efforts to protect election integrity and security. The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. For these reasons, Mondelez receives a High Risk rating.
Board Bias
Expand Summary
CEO of Mondelez International
Dirk Van de Put
Summary:
Headquartered in Deerfield, Illinois, Mondelez International is a member of the Fortune 250 operating in the Food Beverage and Tobacco industry. Dirk Van de Put and Dirk Van de Put serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $39,237 to Republican causes and $38,552 to Democratic causes. Under their tenure, Mondelez International currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$39,237
$38,552
Republican
Democrat
Shareholder Proposals
Expand Summary
Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/17/23 | Governance | National Legal and Policy Center | Require Independent Chair of the Board | Against | 25.40% |
5/17/23 | Social | Tulipshare Ltd | Adopt Public Targets to Eradicate Child Labor in Cocoa Supply Chain | Against | 20.20% |
5/17/23 | Environmental | Green Century Capital Management, Inc. | Publish Annual Benchmarks for Achieving Company’s 2025 Cage-Free Egg Goal | Against | 9.10% |
5/18/22 | Social | SHARE (Sharehldr Assoc for Research & Educ | Oversee and Report on a Racial Equity Audit | Against | 48.63% |
5/18/22 | Governance | National Legal and Policy Center | Require Independent Board Chair | Against | 25.80% |
In the News
Expand Summary
Mondelez International