Mondelēz confirms progress in meeting ESG goals

The company said its ESG strategy and goals prioritise delivering lasting change at scale through ‘innovative and holistic approaches, collaboration for sector-wide transformation and adoption of measurable solutions’. ESG remains a long-term value driver at Mondelēz and is core to the company’s purpose, it said in a statement to the media: ‘The 2021 Snacking Made … Read more

Mondelēz to offload US gum brands, prioritises long-term growth

The decision comes after Mondelēz launched a review of its gum business last year. The company has begun looking for a buyer and there’s no timeline yet for a sale, a spokesperson told CNN Business. In an investor event held on Tuesday, Mondelēz updated its long-term algorithm to 3 to 5% organic net revenue growth, … Read more

Plastic-free chewing gum hopes to challenge ‘synthetic’ standards

Chew on this: every year enough gum is chewed to cover the whole of the EU. So says Tom Raviv, the founder of plastic-free chewing gum start-up Milliways. Where’s it all landing up, he asks, after use? Either in oceans, landfills and stuck on pavements. The 29-year-old entrepreneur and long-time gum chewer created his brand … Read more

Sweet Victory chewing gum helps fight sugar cravings on two fronts with Ayurveda botanical

Their solution: a fast-acting, first-of-its-kind chewing gum that co-founder and psychologist Gitit Lahav said “works on both a physical and a psychological level.”​ She explained in a release that “most people crave something sweet at certain times of the day, usually after lunch and at night. Over time, it becomes an automatic instinct that makes … Read more