General Mills on CDP's 'A List' for Climate and Water Stewardship for Third Consecutive Year
December 08 2020 - 1:19PM
Business Wire
Company recognized for environmental leadership
and best practices across global corporate sustainability
measures
General Mills (NYSE: GIS) announced today it has been recognized
for leadership in corporate sustainability by global environmental
impact nonprofit CDP, achieving a prestigious double ‘A’ score for
tackling both climate change and water security.
This year, General Mills is one of few North American companies
in the Food & Beverage sector to attain a double ‘A’ score and
was recognized for its actions to cut emissions, mitigate climate
risks and practice sustainable management of water resources.
“It’s an honor to be recognized by CDP for our leadership in
sustainability,” said Mary Jane Melendez, chief sustainability and
social impact officer at General Mills. “Stressors to the earth and
its resources impact our ability to feed a growing population. We
remain diligent on being an environmental steward and taking action
on climate change and water security risks in support of the
planet, people and the communities we serve.”
General Mills is focused on accelerating sustainability efforts,
including combating climate change across its value chain and
advancing the sustainability of water use for farmers and
operations. Key 2030 goals include reducing absolute greenhouse gas
emissions across the value chain by 30 percent and advancing
regenerative agriculture on one million acres.
CDP’s annual environmental disclosure and scoring process is
widely recognized as the gold standard of corporate environmental
transparency. In 2020, over 515 investors with over $106 trillion
in assets and 150+ major purchasers with $4 trillion in procurement
spend requested companies to disclose data on environmental
impacts, risks and opportunities through CDP’s platform. Over 9,600
responded – the highest ever.
A detailed and independent methodology is used by CDP to assess
these companies, allocating a score of A to D- based on the
comprehensiveness of disclosure, awareness and management of
environmental risks, and demonstration of best practices associated
with environmental leadership, such as setting ambitious and
meaningful targets. Those that don’t disclose or provided
insufficient information are marked with an F.
The full list of companies that made this year’s CDP ‘A List’ is
available here, along with other publicly available company scores:
https://www.cdp.net/en/companies/companies-scores
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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version on businesswire.com: https://www.businesswire.com/news/home/20201208006008/en/
Mollie Wulff, media.line@genmills.com
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