General Mills

General Mills, a US-based company in the All Other Miscellaneous Food Manufacturing industry, has set ambitious climate targets. The company aims to achieve net zero greenhouse gas (GHG) emissions across its entire value chain by 2050.

In terms of emissions reporting, General Mills has disclosed data for scopes 1, 2, and 3.

For the fiscal year 2025, General Mills reported total GHG emissions of approximately 17.6 billion kg CO2e. This includes Scope 1 emissions of about 340 million kg CO2e and Scope 2 emissions of approximately 16 million kg CO2e. Scope 3 emissions accounted for the largest portion, totalling around 14.9 billion kg CO2e.

In fiscal year 2024, General Mills reported total GHG emissions of approximately 15.4 billion kg CO2e. This comprised Scope 1 emissions of about 308 million kg CO2e and Scope 2 emissions of around 11 million kg CO2e. Scope 3 emissions were significantly higher, at approximately 15.1 billion kg CO2e. Notable Scope 3 categories for this year include purchased goods and services (9.6 billion kg CO2e) and upstream transportation and distribution (3.5 billion kg CO2e).

For fiscal year 2023, the company's emissions were approximately 19.1 billion kg CO2e, with Scope 1 emissions around 335.6 million kg CO2e and Scope 2 emissions at about 20.7 million kg CO2e. Scope 3 emissions for this period were approximately 19.1 billion kg CO2e.

General Mills has made significant commitments under the Science Based Targets initiative (SBTi). These include a commitment to reduce absolute GHG emissions by 30% across scopes 1, 2, and 3 by fiscal year 2030, using a fiscal year 2020 baseline. More specifically, they aim for a 42% reduction in absolute Scope 1 and 2 GHG emissions and a 30% reduction in absolute Scope 3 GHG emissions within the same timeframe. Furthermore, as part of their long-term net-zero strategy, General Mills has committed to reducing absolute Scope 1 and 2 GHG emissions by 90% by fiscal year 2050 from the FY2020 baseline, and absolute Scope 3 GHG emissions by 90% over the same period.

The company has also reported historical emissions data and specific reduction efforts, such as a 51% decrease in Scope 1 and 2 emissions by fiscal year 2023 compared to their 2020 baseline.