Mondelēz International to Invest $200M in Coffee Sustainability Initiative
Mondelēz International, Inc. (NASDAQ: MDLZ) today announced an expanded effort to make its coffee business more sustainable. "Coffee Made Happy" will invest a minimum of $200 million to empower one million coffee farming entrepreneurs by 2020. The program is designed to help the next generation of farmers -- inspiring, training and building their capacity to improve their livelihoods and attract new generations back to the small-scale farming sector. The approach reflects Mondelēz International's core values and builds on its previous commitment to sustainably source 100 percent of its European coffee by 2015.
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