General Mills

Food Products
GIS
$ 73 0.49
Share price
$ 44 bn
Market Cap
$ 54 bn
Enterprise Value

Carbon footprint

14 Ton
GHG emissions per $ 1 mln investment
0.49x the weighted average for S&P 500
FY2020
How is this calculated?
+4.6%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-3%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2021
How is this calculated?

General Mills aims to reduce all Scopes by 30% by 2030 from a base year 2020


This target has not been verified as science based according to SBTi
General Mills's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

General Mills's GHG emissions (market-based) (Kt of CO2e)
General Mills's Carbon intensity (Tons per 1 USDm)

General Mills's carbon footprint

General Mills reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2020 at 747 Kt (+33/+4.6% y-o-y). Carbon intensity also increased marginally to 42 t (+0.1/+0.2% y-o-y).

General Mills's Scope 3 emissions surged to 16,700 Kt (+2,100/+14% y-o-y). The growth accelerated relative to the long-term trend (+4.8% CAGR) observed since 2Q'18.

The company is committed to reducing all Scopes by 30% by 2030 from a base year 2020, which translates into the estimated reduction of -523 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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