General Mills has been named to the Dow Jones Sustainability North America Index (DJSI) by S&P Dow Jones Indices and investment specialist RobecoSAM after demonstrating best-in-class performance against numerous sustainability metrics, according to a recent announcement.The DJSI provides analysis of financially material economic, environmental and social practices, including innovation or supply chain management, climate strategy and stakeholder engagement, with a special focus on industry-specific risks and opportunities.
General Mills has been named to the Dow Jones Sustainability North America Index (DJSI) by S&P Dow Jones Indices and investment specialist RobecoSAM after demonstrating best-in-class performance against numerous sustainability metrics, according to a recent announcement.
The DJSI provides analysis of financially material economic, environmental and social practices, including innovation or supply chain management, climate strategy and stakeholder engagement, with a special focus on industry-specific risks and opportunities.
General Mills says that its sustainability mission centers on conserving and protecting the resources on which it depends. To achieve this mission, the company focuses on two critical areas: reducing resource usage in its operations and increasing sustainable sourcing across its supply chain. Both are important for operating sustainably and supporting the business in the long term.
The company says its sustainable sourcing strategy focuses on 10 priority ingredients, and through its work with industry groups, is helping to move the raw material supply chain toward more sustainable solutions.
Driving Internal Organizational Alignment and Better Cross-Functional Collaboration
Join us as leaders from Daggerwing Group, General Mills, J. Lohr Vineyards, Sylvain and Caribou Coffee explore aspects of evolving internal company governance, culture and collaboration that enable stronger connections with consumers across generations and with evolving mindsets — Wed, May 8, at Brand-Led Culture Change.
“At General Mills, one of our goals is to stand among the most socially responsible food companies in the world,” said Jerry Lynch, vice president and chief sustainability officer at General Mills. “The DJSI review affirms that General Mills places a strong emphasis on earning the trust of our consumers, customers, employees and other key stakeholders every day through exceptional economic, environmental and social practices.”
Earlier this month, General Mills partnered with one of its suppliers, AgroMantaro, to provide $1.1 million to help smallholder artichoke farmers in Peru increase yields and improve profitability. The program will provide training on crop management and post-harvest practices, offer microloans to purchase artichoke shoots and seeds for farmers who lack collateral or a verifiable credit history, give program participants in-depth training on how to form farmer cooperatives, and supply financial planning education and information on how to formulate business plans.
Published Sep 15, 2013 3pm EDT / 12pm PDT / 8pm BST / 9pm CEST
Managing Director, Sustainability & Social Impact
Deutsche Bank
Mike Hower is a sustainability communicator and connector committed to helping purpose-driven businesses and people unlock their full potential for positive impact. As founder and principal consultant at Hower Impact, he works with companies to translate sustainability strategy into stories that inform, engage and inspire investors, customers, employees, regulators and other stakeholders in the service of social, environmental and business goals. Through his Impact Hired initiative, he works to connect and engage corporate sustainability professionals at all stages of their careers.
(read more ...)