Manila, Philippines – March 29, 2023– The Extended Producer Responsibility (EPR) Act of 2022, passed in July of the previous year, is a law which mandates companies to participate in waste management programs. Simply put, certain companies who produce and use plastic are obligated to collect an equivalent volume back through diversion programs like recovery and recycling. In support of this new law, snacks maker Mondelez Philippines has partnered with Plastic Credit Exchange (PCX) to recover and divert the equivalent of 100% of its plastic packaging footprint used for its food products sold in the market.

Mondelez Philippines is the maker of beloved heritage snack brands like Oreo, Tang, Toblerone, Cadbury Dairy Milk, Eden Cheese, and Cheez Whiz. The company's purpose is to empower people to snack right with a mission to lead the future of snacking by offering the right snack, for the right moment, made the right way. Snacking made right means focusing where the company can make a bigger difference and deliver greater long-term and positive impact. The Company's strategy and goals in addressing these key focus areas are central to supporting growth around the world, including reducing the company's environmental footprint. To this end, the Company aims to use less packaging, better packaging, and support waste collection systems.