Our approach While General Mills has minimal sourcing exposure to deforestation risks, we are committed to eliminating deforestation and the resulting impacts on biodiversity, endangered species, livelihoods and climate change. We regularly review our global sourcing footprint and focus on commodities at high risk of driving deforestation and where we can make a meaningful impact: cocoa, fiber packaging and palm oil. Within these categories, we employ a combination of approaches designed to help us achieve our sourcing goals and drive requirements to our upstream supply base. General Mills is a founding member of the Consumer Goods Forum Forest Positive Coalition of Action, formally launched in September 2020, which requires member companies to collaboratively work toward a forest positive future, and proactively work with suppliers to mainstream deforestation- free production across their business. Click here to view more on the Forest Positive Coalition of Action. Palm Oil: General Mills is a relatively small buyer of palm oil, using less than 0.5% of global palm oil supply in products like baking mixes, biscuits, and snack products. Despite the size of our purchase, we recognize that our purchasing practices toward deforestation-free palm oil can positively impact ecosystems as well as drive progress toward our science-based GHG emissions reduction to Scope 3. To help ensure our palm oil purchases do not contribute to deforestation of the world’s rainforests or negatively impact the communities and habitats that depend on them, we have sourced 100% of our palm oil as Roundtable on Sustainable Palm Oil certified sustainable since 2015. Our Statement on Palm Oil Sourcing lays out the principles we expect of direct suppliers, to ensure that they are in line with industry best practices, and contains information on our palm oil metrics, traceability and grievance process. Our approach, as well as the industry approach, to responsible palm oil is continually evolving and we are committed to working with our suppliers, peers, competitors and partners to support the development of a forest-positive, people-positive and climate-positive palm oil supply chain. General Mills is now more actively engaging its suppliers in direct review of their palm oil production and sourcing practices, moving to traceability to mill, and evolving where possible to plantation. We work closely with our suppliers and industry partners, like Proforest , to build sustainability performance and compliance with our policy commitments through active scorecarding, conversations and collaboration. As part of our effort to advance progress, General Mills has also joined the No-deforestation, No-peat and No- exploitation Implementation Reporting Framework (NDPE IRF) active working group — a reporting tool designed to help companies understand and track progress in delivering NDPE commitments, including deforestation- free supply chains. Click here to view our NDPE IRF profile, updated August 2021. Cocoa: More than 90% of our cocoa supply comes from West Africa, and 96% of our global supply comes from three key suppliers — Barry Callebaut, Cargill, and Olam. We work closely with NGO and supplier partners on the ground in Ghana and Côte d’Ivoire and invest to scale sustainable sourcing programs with a focus on strengthening smallholder farmer livelihoods, empowering women, and improving ingredient quality. In 2021, over 90% of our cocoa volumes were covered by these programs. In March 2017, we signed on to the World Cocoa Foundation’s Cocoa and Forests Initiative (CFI) to combat deforestation in key cocoa growing regions. Through this initiative we have worked closely with suppliers, stakeholders and Proforest to identify strategic actions to protect and restore forests, increase sustainable production, and promote social and community engagement. Additionally, we work with suppliers who plan to leverage full traceability to address deforestation risks within their supply chains. Our CFI action plans and progress to date for Ghana and Côte d’Ivoire can be viewed here . As we continue our work with CFI in our key cocoa sourcing regions in West Africa, we will leverage the knowledge we gain to inform approach and strategy to achieve deforestation-free cocoa for the rest of our sourcing origins. Eliminating deforestation GENERAL MILLS GLOBAL RESPONSIBILITY 26 Food Planet People Community
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