During Friday’s Morning trade, Shares of Mondelez International Inc (NASDAQ:MDLZ), gained 3.75% to $44.20.
Mondelēz International, committed to lead private sector action as part of Côte d’Ivoire’s national program to combat deforestation. The commitment was made at the COP21 climate talks in Paris and will contribute to the company’s declared sustainability aims for 2020. The aim comprises an ambitious end-to-end approach to reduce its carbon footprint through actions to reduce deforestation in its agricultural supply chain in addition to to cut carbon dioxide emissions from manufacturing by an absolute 15 percent, in line with science-based targets.
As the world’s largest chocolate company, Mondelēz International has seized the opportunity to lead transformative change in the cocoa supply chain with Cocoa Life, a $400 million investment to empower 200,000 smallholder farmers and create thriving cocoa communities in Côte d’Ivoire and five other cocoa origins. Through Cocoa Life, Mondelēz International will take part in Côte d’Ivoire’s national REDD+ program to support the country’s bold ambition to reach zero-net deforestation in cocoa.
“Partnering with the Ivorian government, with the support of the World Bank, allows Mondelēz International to have a greater impact and to protect forest areas more effectively than any one actor could on its own,” said Hubert Weber, Executive Vice President and President Mondelēz Europe, at the Lima-Paris Action Agenda (LPAA) High-Level Event for Forests. “And I call for the private sector to step up and to embrace the opportunity to work with governments in forested countries to produce raw materials in a way that tackles rural poverty while reducing emissions from deforestation.”
Shares of International Business Machines Corp. (NYSE:IBM), inclined 1.23% to $140.61, during its current trading session.
International Business Machines Corp., declared that Giant Eagle, Inc., one of the US’s largest privately held multi-format food, fuel and pharmacy retailers with locations across Pennsylvania, Ohio, West Virginia, Maryland and Indiana, is in the initial stages of overhauling its IT infrastructure with a hybrid cloud solution from IBM Cloud.
The new solution, based on IBM Cloud’s Infrastructure as a Service, Soft Layer, is designed to provide Giant Eagle flexible, consumption-based pricing, in addition to faster procurement and provisioning of applications, and integrated system administration for greater visibility into data from everything from the supply chain to the check-out line.
Founded in 1931, Giant Eagle serves more than five million customers annually in more than 420 locations. To succeed through the years, Giant Eagle has been a leader in innovation, adopting such industry-changing practices as glass freezer-cases in the 1950’s, a digitized supply chain in the 1960’s, and fuelperks!, an industry-leading loyalty program started in 2004. All of its moves through the years have been designed to ultimately improve the shopping experience and overall value to customers.
Finally, Shares of Akamai Technologies, Inc. (NASDAQ:AKAM), gained 2.21%, and is now trading at $56.02.
Akamai Technologies, has been recognized by CDP, the international not-for-profit that drives sustainable economies, for its climate change initiatives and transparency to investors and the global marketplace. The company’s near-perfect Climate Disclosure Score and above-average Climate Performance Band place Akamai on the S&P Climate Disclosure Leadership Index (CLDI), released in the S&P edition of CDP’s annual global climate change report.
Akamai received a Climate Disclosure Score of 99 out of a possible 100, earning a place on the CDP’s CLDI for the second successive year. More than 2,200 organizations were assessed for recognition, with only those graded within the top 10% being named to the index that recognizes companies demonstrating a superior approach to climate change mitigation. The stated data has been independently assessed against CDP’s scoring methodology.
“Transparency and accountability are core tenets of Akamai’s sustainability initiative,” said Nicole Peill-Moelter, senior director of sustainability, Akamai. “We are proud to be comprised in the CDLI for the second year in a row and will continue to be proactive in addressing these issues that are so vitally important to Akamai, our customers and investors.”