General Mills

Packaged Foods & Meats
GIS
$ 65 (0.82)%
Share price
$ 37 bn
Market Cap
$ 49 bn
Enterprise Value

Carbon footprint

8 Ton
GHG emissions per $ 1 mln investment
0.24x the weighted average for S&P 500
FY2022
How is this calculated?
-26%
YOY change in GHG emissions
Weaker than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

-3.6%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.5% weighted average for S&P 500
FY2023
How is this calculated?

General Mills aims to achieve net zero for all Scopes by 2050


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 2022 at 392 Kt (-136 /-25.7% y-o-y). Also positively, carbon intensity plummeted to 29 t (-13 /-31.4% y-o-y).

General Mills's Scope 3 emissions was up at 15,728 Kt (+262/+1.7% y-o-y). This is broadly in line with the growth trend (CAGR +1.6% since 2Q'18).

The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -576 Kt per annum over the period of FY2023 - FY2050. 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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