Trade Resources Company News General Mills Chalks out New Plan to Reduce Greenhouse Gas Emissions

General Mills Chalks out New Plan to Reduce Greenhouse Gas Emissions

General Mills is planning to reduce greenhouse gas emissions by 28% across its full value chain over the next 10 years.

The company said that it calculated the amount of emission to be reduced using science-based methodology.

General Mills started the initiative to reduce emission within its direct operations in 2005 and it managed to reduce absolute emissions within its operations by 13%.

The Intergovernmental Panel on Climate Change (IPCC) consensus suggests a reduction of 50-70% in absolute emissions by 2050 is necessary, and the company is planning to achieve sustainable emission levels in line with scientific consensus by 2050.

General Mills CEO and president Ken Powell said: "We know our greatest impact is outside our four walls - particularly in agriculture, ingredients and packaging. To reduce emission levels, we must work across our value chain with growers, suppliers, customers and industry partners.

"Together, we will identify new solutions and promote sustainable agriculture practices that drive emission reductions."

General Mills has also announced certain actions to help fulfill its climate commitment over the next decade, which includes investment of $100m in energy efficiency and clean energy; collaboration with suppliers to boost the adoption of more sustainable agriculture practices; and support climate resiliency of farmers in our supply chain.

"While our success depends on our actions, we cannot get there on our own. We believe every company, government and individual has a role to play. Climate change is a shared, global challenge that is best addressed at scale," added Powell.

Source: http://www.food-business-review.com/news/general-mills-chalks-out-new-plan-to-reduce-absolute-greenhouse-gas-emissions-010915-4659678
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