Diversity, equity, and inclusivity (DEI) in an organization help bring unique perspectives and ideas to create more innovative, productive, and resilient enterprises. It also contributes to equality of opportunity and treatment in the workplace at all stages of the employment relationship, including recruitment, retention, promotion, remuneration, and access to training and skills development.
The gender gap in organizations has narrowed over the past three decades, giving easier labour mobility worldwide. There has also been an increasing global awareness regarding the right to a dignified and respectful workplace irrespective of the sexual orientation and ethnicity of the employees, which promotes an open and inclusive workplace. However, labour market disruption due to the COVID-19 has had devastating consequences globally. According to International Labour Organization (ILO), women’s employment declined by 5% globally in 2020 compared with around 4% for men.
DEI is critical to the business performance of the consumer sector, which encompasses retailers and consumer-packaged goods manufacturers, since consumers want to buy goods that reflect their values, wants, and needs. Consumers are expecting more from brands than ever before, and retailers must honor DEI. Understanding the brand, setting DEI commitments from the top, delivering on the commitments, recruiting from diverse pools, and creating a supportive environment can all contribute to DEI.
Mondelez International Inc (Mondelez) manufactures and markets food products and beverages. The company markets products under the Barni, belVita, Chips Ahoy, Club Social, Enjoy Life Foods, Cadbury Dairy Milk, 5 Star, Clorets, Halls, Maynards Bassetts, Sour Patch Kids, Stride, Trident, Philadelphia, Bournvita, and Tang brand names. In 2021, the consumer goods company reported 35.2% women participation in the workforce, an increase of 0.3 percentage points over 2020. At the global level, senior-level representation of women decreased to 28.6% by 1.9 percentage points over 2020.
In 2021, the representation of Asian employees of Mondelez in the US workforce was 3.8% which increased by 0.1 percentage points from 2020. Black/African American and Hispanic/Latino employees represented 14.3% and 17.8% of the US workforce, respectively.
Mondelez aims to double the percentage of women in leadership roles, over the 2018 base and also double the percentage of US black representation in management, over the 2020 base by 2024.
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