General Mills Leads Food & Beverage Sector in America’s Most Just Companies List by Forbes and JUST Capital
October 14 2020 - 2:46PM
Business Wire
Company recognized for its commitment to key
stakeholders – workers and the environment – as defined by the
American public
General Mills was named to the annual Forbes and JUST Capital
“Forbes JUST 100,” showcasing the companies doing right by all
their stakeholders. General Mills sits atop the list for Food and
Beverage sector and ranks 23rd overall of America’s Most JUST
Companies, recognized for its commitment to serving its workers,
customers, communities, the environment, and shareholders. General
Mills has been the industry leader for two of the last three
years.
Through vigorous, objective analysis, the Forbes JUST 100
evaluates and celebrates U.S. corporations outperforming on the
issues that matter most to the American public. General Mills was
recognized for its approach and progress in the “Workers” category,
for how the company invests in employees through fair wages,
provides workforce training, cultivates a diverse and inclusive
workplace, protects worker health and safety, and provides benefits
and work-life balance. The company also was recognized for its
long-standing commitments and progress in the “Environment”
category, for how the company minimizes pollution, helps combat
climate change, and develops and supports sustainable products.
“We’re honored to be recognized as the industry leader in the
Food & Beverage sector by Forbes and JUST Capital as it
demonstrates how our commitment to workplace culture, business
performance, and environmental stewardship go hand-in-hand,” said
Mary Jane Melendez, chief sustainability and social impact officer
at General Mills. “When we do right by all our company’s
stakeholders – employees, customers, communities and shareholders -
we deliver long-term success.”
The annual Rankings evaluate the 1,000 largest public U.S.
companies across 19 issues, identified through comprehensive
quantitative surveys and qualitative focus groups conducted on
public attitudes toward responsible corporate behavior, engaging
4,469 American respondents in 2020. This selection of companies
draws from the Russell 1000 Index, which represents over 90% of the
U.S. stock market value.
JUST Capital expanded this year’s methodology to capture 38
COVID-19 specific data points from its COVID-19 Corporate Response
Tracker. The new analysis includes hourly wages increases, paid
sick leave, and healthcare benefits for furloughed employees
(Workers); payment deferrals, price cuts, and services for
vulnerable groups (Customers); cash or in-kind donations to support
community relief (Communities); and CEO, or executive, pay cuts
(Shareholders).
“Now more than ever, business leaders have the chance to spark
lasting systemic change within their companies and across society,”
said Forbes Senior Editor Steven Bertoni. “The companies in this
year’s JUST 100 show that we can face the twin tragedies of the
COVID-19 pandemic and racial inequality and continue to improve our
actions and refocus our missions to do better, and be better, for
all stakeholders.”
Both the Forbes JUST 100 and the Industry Leader list will be
featured in the November issue of Forbes, with additional stories
at www.forbes.com/just100 and a comprehensive interactive ranking
and benchmarking platform at www.justcapital.com.
For more information on General Mills visit the company’s 2020
Global Responsibility Report.
About General Mills
General Mills is a leading global food company whose purpose is
to make food the world loves. Its brands include Cheerios, Annie's,
Yoplait, Nature Valley, Häagen-Dazs, Betty Crocker, Pillsbury, Old
El Paso, Wanchai Ferry, Yoki, BLUE and more. Headquartered in
Minneapolis, Minnesota, USA, General Mills generated fiscal 2020
net sales of U.S. $17.6 billion. In addition, General Mills’ share
of non-consolidated joint venture net sales totaled U.S. $1.0
billion.
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Media Contact: Mollie Wulff / Media.line@genmills.com /
763-764-6364
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