General Mills’ worldwide sales total $17.9 billion, and it owns familiar consumer brands like Cheerios, Old El Paso, and Pillsbury.
Monday, Oxfam claimed big victory: General Mills released a new set of climate policies that Oxfam says makes it “the first major food and beverage company to promise to implement long-term science-based targets to cut emissions.”
The policy states unequivocally that General Mills believes that climate change is a big threat to global food security and its future business model:
As a global food company, General Mills recognizes the risks that climate change presents to humanity, our environment and our livelihoods. Changes in climate not only affect global food security but also impact General Mills’ raw material supply which, in turn, affects our ability to deliver quality, finished product to our consumers and ultimately, value to our shareholders.In another big step, the company also announced Monday that it will join Business for Innovative Climate and Energy Policy “to advocate more closely with policy makers to pass meaningful energy and climate legislation,” according to the company. The group of 31 companies (including big guns like eBay and Starbucks) is run by the nonprofit Ceres, and is designed to help businesses directly lobby policymakers on issues like renewable energy, green transportation, and pollution controls on power plants. Ceres also campaigns to get companies and investors to adopt more sustainable environmental practices.
To Keep Delivering Quality Products, General Mills Wants Major Carbon Cuts from Suppliers
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