Greenhouse gas (GHG) emissions are one of the major causes of rising global warming, and the companies from the FMCG, retail, packaging, and food service sectors account for a significant amount of the global emissions. CO2, Methane & NOx gases form a major part of greenhouse gases released from fossil fuels such as gas and oil. Due to rising GHG emissions from companies, it became important among major contributing sectors to report gas emissions during their operations.
Companies from the consumer sector are under increasing pressure to reduce their carbon footprint. Consumers are becoming more aware of excess carbon dioxide emissions' detrimental environmental effects. Their consumption behavior changes due to this, and they take an active interest in sustainability issues.
General Mills Inc (General Mills) manufactures and markets consumer-based food products. The company offers its products under Blue Buffalo, Food Should Taste Good, Fruit Roll-Ups, Blue Basics, Cheerios, Chex, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Fruit Gushers, Gardetto's, Go-Gurt, Gold Medal, and Golden Grahams brand names.
Total GHG emissions of General Mills in the fiscal year (FY) 2021 were 13.86 million tonnes of CO2 equivalents (MtCO2eq), an increase of 2.3% from FY2020.
GHG emissions are generally classified into Scope 1, 2, and 3 emissions. Scope 1 includes direct GHG emissions from sources that are owned or controlled by the company such as emissions associated with fuel combustion in boilers, furnaces, and vehicles. Scope 2 encompasses indirect GHG emissions associated with purchased electricity, heat, steam, or cooling. Scope 3 involves indirect GHG emissions in the company’s upstream and downstream activities.
In FY2021, Scope 3 emissions form the major portion of General Mills’ total GHG emissions, accounting for around 13.3 million tonnes CO2 equivalent (96%) of total GHG emissions. In FY2021, the company's Scope 2 emissions (0.20 million tonnes CO2 equivalent) decreased by 52.7%, and Scope 1 emissions (0.36 million tonnes CO2 equivalent) increased by 8.7% annually.
General Mills has committed to reducing value chain greenhouse gas emissions by 30% and sourcing 100% renewable electricity for its global operations by 2030.
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