Climate Change Threatens Food Companies
Droughts and increasing temperatures are a serious threat for the agricultural business - and companies such as General Mills are acutely aware of this. As such, General Mills has set an ambitious goal of reducing its greenhouse gas emissions 28 percent by 2025 — and plans to encourage its entire supply chain to follow suit.
Change Along the Supply Chain
Large corporations, such as General Mills, can exert influence all along the supply chain because of their size and buying power. Many other major global food companies such as Unilever, Mars and Nestle have set greenhouse gas reduction targets for their own operations. Kellogg's has committed to only buying key product ingredients - including corn, wheat, rice, potatoes, beet and cane sugar, cocoa, palm oil, fruits and vanilla - that are responsibly cultivated.
As General Mills CEO Ken Powell sees it, food companies have no choice but to take action in the face of climate change. It's a matter of business.