{"id":748625,"date":"2023-04-18T09:24:10","date_gmt":"2023-04-18T13:24:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/general-mills-stands-for-good-in-2023-global-responsibility-report\/"},"modified":"2023-04-18T09:24:10","modified_gmt":"2023-04-18T13:24:10","slug":"general-mills-stands-for-good-in-2023-global-responsibility-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/general-mills-stands-for-good-in-2023-global-responsibility-report\/","title":{"rendered":"General Mills Stands for Good in 2023 Global Responsibility Report"},"content":{"rendered":"

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General Mills Stands for Good in 2023 Global Responsibility Report<\/b><\/p>\n

Company advances new climate plan; shares progress against diversity, inclusion and belonging commitments; and maintains its leadership as the largest producer of natural and organic packaged food in the U.S.<\/i><\/p>\n

MINNEAPOLIS–(BUSINESS WIRE<\/a>)–
\nGeneral Mills (NYSE: GIS) today released its annual Global Responsibility Report<\/a>, highlighting actions and progress made across three priority areas \u2013 Planet, People and Food \u2013 during its 2022 fiscal year, June 1, 2021 through May 31, 2022. The report details how General Mills is Standing for Good, a core pillar of its Accelerate strategy, and marks the company\u2019s 53rd<\/sup> year of transparent reporting on its environmental and societal impact.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230418005384\/en\/<\/a><\/p>\n

\"A<\/p>\n

A healthy planet is critical for General Mills to continue making food the world loves. That’s why the company has committed to reduce GhG emissions by 30% by 2030 and net zero by 2050. (Graphic: Business Wire)<\/p>\n<\/div>\n

\n\u201cFor more than 150 years, General Mills has been guided by the belief that doing good and good business are not mutually exclusive. We\u2019ve proven year-over-year, including throughout an unprecedented global pandemic, that they go hand-in-hand,\u201d said Jeff Harmening, chairman and CEO, General Mills. \u201cWe are more committed than ever to ensuring the G in General Mills stands for Good, and our focus on people and planet remains central to how we operate.\u201d<\/p>\n

Standing for Planet<\/b><\/p>\n

\nGeneral Mills has developed a new climate plan to guide its ongoing work to drive progress toward its goals and across its key climate levers, including regenerative agriculture, dairy, deforestation, renewable electricity, and transportation efficiency. The company has set a series of strategic Planet commitments, including reducing greenhouse gas (GhG) emissions across its value chain by 30 percent by 2030 and achieving net zero emissions by 2050. Because the majority of its climate footprint falls outside of its direct operations, the company\u2019s goals reach beyond its own walls, addressing Scopes 1, 2 and 3 emissions.<\/p>\n

\nWhile only five percent of General Mills\u2019 GhG footprint comes from its owned operations, the company is driving significant reductions here. Since 2020, the company has reduced GhG emissions from its owned operations by 49 percent, including a 26 percent reduction in fiscal 2022. With this progress, the company has met and exceeded its 2030 Scope 1 and Scope 2 Science Based Target goals.<\/p>\n

\nCollective action and collaboration across its value chain are critical to addressing the company\u2019s Scope 3 emissions. To successfully advance decarbonization strategies, General Mills has built new ways of working and new teams across the company. The company has a central climate team, as well as GhG lever teams, each of which are focused on one area of its carbon footprint, including dairy, transportation, and supplier engagement.<\/p>\n

\nGeneral Mills plans to report both challenges and progress against its climate plan annually to provide transparent insight into the company\u2019s work and foster a learning environment for its own business and industry peers.<\/p>\n

\n\u201cA healthy planet is critical for General Mills to continue making food the world loves, and climate change is putting our ability to do so at risk,\u201d said Mary Jane Melendez, chief sustainability and global impact officer, General Mills. \u201cWhile we have more work to do, we\u2019ve made tremendous progress to better understand our environmental impacts and how we can most effectively reduce them across our full value chain.\u201d<\/p>\n

\nAdditional progress against Planet commitments in fiscal 2022 includes:<\/p>\n