Cadbury owner Mondelez to face scrutiny over selling chocolate in Russia at its AGM - News Summed Up

Cadbury owner Mondelez to face scrutiny over selling chocolate in Russia at its AGM


Holding firm: Mondelez boss Dirk Van de PutCadbury owner Mondelez will face scrutiny over selling chocolate in Russia at its AGM this week. Senior MPs and campaign groups have lambasted it for selling a number of its brands including Milka chocolate and Oreo biscuits. Investor Wespath Benefits and Investments has proposed an independent review of how the US conglomerate is implementing human rights policy in Russia and Ukraine. Mondelez, which took over beloved British brand Cadbury in 2010, said calls for a review were 'duplicative and unnecessary.' Boss Dirk Van de Put said investors do not 'morally care' whether firms do business in Russia, adding that no shareholders had pressured it to leave.


Source: Daily Mail May 20, 2024 08:41 UTC



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