General Mills named to Dow Jones Sustainability Index
One of our goals at General Mills is to stand among the most socially responsible food companies in the world. As a nod towards our progress, yesterday we were named to the Dow Jones Sustainability North America Index, which identifies companies that demonstrate corporate sustainability leadership in their industries.
This is a great accomplishment for General Mills, as DJSI is considered the most credible rating in the environment, social and governance (ESG) space.
The assessment itself is regarded as a best-in-class approach to selecting sustainability leaders across industries on the basis of defined sustainability criteria.
Topics covered include corporate governance, health and nutrition, raw materials sourcing as well as corporate citizenship and philanthropy. We’ve got a strong track record and continue to make headway in these areas – as well as many others including supply chain management and water stewardship.
· General Mills’ long history of providing convenient, affordable, nutritious foods that meet consumer requirements for taste.
· Reduction in the company’s environmental footprint. General Mills continues to work toward its fiscal 2015 goal of achieving significant, measurable reductions in energy usage, GHG emissions, water usage and other sustainability metrics. In fiscal 2012, our rates improved across all metrics with the exception of water usage, due to product volume and mix factors. The company exceeded its packaging goal and has since reset its 2015 goal to reflect this performance.
· Two new, innovative sustainable sourcing programs that aim to improve the lives of smallholder farmers while sustainably sourcing ingredients on which our business depends – including vanilla and artichokes.
· A safe, ethical and inclusive workplace for employees. In 2012, General Mills received workplace awards in Australia, Canada, China, France, Greece and the United States, where General Mills was named one of the World’s Most Admired Companies by Fortune magazine
· Programs that work to alleviate hunger and promote nutrition wellness. In 2012, General Mills provided more than $37 million in product donations to hunger relief organizations around the world and advanced nutrition wellness through $500,000 in Champions for Healthy Kids grants.
· A dedicated and engaged workforce that boasts an employee volunteerism rate of over 80 percent.
We are proud of our progress and we know there is still much more to be done. We’re committed to making further strides in these areas – we understand that our business requires it and future generations depend on it.
Learn more about General Mills’ mission of Nourishing Lives in our 2013 Global Responsibility Report.