General Mills, Inc. engages in the manufacture and marketing of branded consumer foods sold through retail stores. EOS have been engaging with General Mills on the topic of deforestation over 2022-2023. Specifically, the ask for the company has been to set a commitment for its supply chain to be deforestation-free by 2025. Although the company was slow to get on board, its chief sustainability officer recently agreed to consider setting a deforestation-free target by 2025.
At the time of publication (May 2024) General Mills Inc were held in our Low Volatility Global Equity, Passive Developed Equities, Carbon Transition Benchmark (CTB) Passive Global Equities & Paris Aligned Benchmark (PAB) Passive Global Equities portfolios.