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Global RESPONSIBILITY 2019 - ResponsibilityReports.com
Global
RESPONSIBILITY
2019
Global RESPONSIBILITY 2019 - ResponsibilityReports.com
Table of contents

    1    Introduction                          12    Our Food                             22    Our Planet
     1   Letter to stakeholders                 13   Health and wellness                  24    Climate change
    2    Company overview                       17   Food safety                          32    Water stewardship
    3    Highlights in 2018                     19   Consumer education and marketing     34    Regenerative agriculture
    4    Materiality                           20    Transparency                         39    Sustainable sourcing
    8    Stakeholder engagement                                                           46    Responsible sourcing
    8    Public policy
   10    Human rights

  48     Our Workplace                         56    Our Community                        64    Appendix
   49    Workplace safety                      58    Increasing food security             64    Environmental data summary
   50    Ethics and compliance                 61    Advancing sustainable agriculture    66    Global Reporting Initiative index
    51   Global inclusion                      62    Strengthening hometown communities   71    United Nations Global Compact Principles
   53    Employee engagement and development                                              72	Sustainability Accounting Standards
                                                                                                Board (SASB) reference table

                                                                                                                              ©2019 General Mills.
Global RESPONSIBILITY 2019 - ResponsibilityReports.com
INTRODUCTION

                            To our stakeholders:
                            At General Mills, we know that food plays a          we continue to increase transparency about           This report describes General Mills’ strategies
                            central role in people’s lives and has a profound    our ingredients and how our food is made.            and performance across four key areas:
                            impact on the environment and communities                                                                 Our Food, Our Planet, Our Workplace
                                                                                 Feeding a growing global population depends
                            worldwide. We believe that our company                                                                    and Our Community. We have focused on
                                                                                 on a healthy planet, so we are committed to
                            can be a force for good. By using our global                                                              the topics that are most important to our
                                                                                 treating the world with care. We continue taking
                            scale and leadership, we work to create                                                                   stakeholders and to our business. While we
                                                                                 bold actions to advance sustainability, including
                            value and make a difference for consumers,                                                                are proud of the progress we have made,
                                                                                 driving progress toward our ambitious goals to
                            workers, communities and the planet.                                                                      hard work remains and we are motivated
                                                                                 reduce greenhouse gas emissions by 28 percent
                                                                                                                                      by the opportunities that lie ahead.
Jeffrey L. Harmening        We face tremendous change in our industry,           across our value chain by 2025 and sustainably
Chairman, Chief             with unprecedented social and environmental          source our top 10 ingredients by 2020. We            As always, we welcome your
Executive Officer           challenges. Navigating this landscape                embrace our responsibility to help achieve           questions and comments.
General Mills
                            requires transformation and innovation at            a stable climate, healthy watersheds, strong
                                                                                                                                      Sincerely,
                            every level, from how we source ingredients          ecosystems and better lives for farmers.
                            and make our products to how we engage
                                                                                 Transforming our global food systems requires
                            with consumers and other stakeholders.
                                                                                 new levels of collaboration and transparency
                            This transformation begins with understanding        across our supply chain, and with businesses,
                            consumer needs and delivering what they              governments and nongovernmental                      Jeff
                            want. Consumers increasingly demand food             organizations. We support key global
                            that reflects their values, from a company they      efforts to advance the sustainability agenda,
                            trust. We have greatly expanded our offerings        including the United Nations Global Compact,
                            in recent years to meet these expectations and       which we have endorsed since 2008.

                            We know that in order to deliver strong returns      n S
                                                                                    ustainably   sourcing ingredients, protecting   General Mills has been a public company for
                            for our shareholders, we must successfully             at-risk watersheds and advancing soil              almost 90 years, and our shareholders rely on us
                            serve all our stakeholders – our consumers,            health help to protect input availability          to provide strong, stable returns. Transforming
                            customers, employees and communities.                  and ensure we can make the food                    our business model to be even more financially,
                            At General Mills, we prioritize financial,             people love far into the future.                   environmentally, and socially sustainable will help
                            environmental and social performance as              n R
                                                                                    educing    our natural resource usage           us continue to deliver value for years to come.
                            important measures of value and values.                saves money while decreasing our                   Sincerely,
                            This report describes initiatives that                 environmental footprint. In fiscal 2018
                            drive value in multifaceted ways:                      alone, our energy efficiency projects saved
Donal L. Mulligan
                                                                                   nearly $5 million while avoiding 6,000
Executive Vice President,   n D
                               elivering   products that meet diverse
Chief Financial Officer                                                            metric tons CO₂e of GHG emissions.
                              consumer needs creates market opportunities.
General Mills                                                                    n B
                                                                                    uilding   a more sustainable business           Don
                              We reached more than $1 billion in net sales
                                                                                   helps attract and retain the best
                              from natural and organic products in the U.S.
                                                                                   employees and supports the communities
                              in fiscal 2018, up almost 50 percent since 2015.
                                                                                   in which we do business.
GRI 102-12, 14
                                                                                                                                                       GENERAL MILLS GLOBAL RESPONSIBILITY   01
Global RESPONSIBILITY 2019 - ResponsibilityReports.com
Company overview

Our purpose
At General Mills, we serve the world by making food people love. We do this by embracing our five pursuits, which are
at the heart of our company.

Key metrics
Net sales by segment, fiscal 2018*                                   Carbon footprint, fiscal 2018                                  Total giving, fiscal 2018
(percentage of total)                                                (percentage of total)                                          (dollars in millions)

                                                                                             n Agriculture and transformation 48%
                                    n North America Retail 64%                               n Packaging supply chain 7%
                                                                                                                                                                               n C orporate contributions US$33
                                    n C onvenience Stores and                               n Producing 10%
                                       Foodservice 12%                                                                                                                         n F ood donations US$41
                                                                                             n Shipping 7%
                                    n E urope and Australia 13%                                                                                                               n Foundation giving US$28
                                                                                             n Selling 5%
                                    nA  sia and Latin America 11%                                                                                                             Total: US$102 million
                                                                                             n Consuming 21%
                                    Total: US$15.7 billion
                                                                                             Total: 15.3 million metric tons CO2e

*Does not include US$1.1 billion of net sales from joint ventures.

Our brands
General Mills produces and markets more than 100 consumer brands in more than 100 countries on six continents.

                                                                                                                                                             NEW COLOUR LOGO

                                                                                                                                                                                 ™

                                                                                                                                                                                                       GRI 102-2

                                                                                                                                                            GENERAL MILLS GLOBAL RESPONSIBILITY                    02
Global RESPONSIBILITY 2019 - ResponsibilityReports.com
Highlights in 2018

At General Mills, we work to create holistic value throughout our supply chain, from agriculture and operations to our
consumers and communities. Below are some highlights of our progress in fiscal 2018.
                                                   2018 highlights

85 percent                       2nd largest                  100 percent of facilities worldwide
        of our 10 priority              U.S. natural and
        ingredients                     organic food
                                                              audited and/or certified for food
        sustainably sourced             producer              safety by independent third parties

   US$102 million in                    13 percent                                           49 percent
   corporate giving                            decrease of greenhouse gas emissions                   of professional
                                               across our value chain in 2018 compared                positions held
   worldwide                                   to 2010                                                by women globally

55,000+ acres                           US$4+ million                           90 percent of our
         of pollinator habitat                   invested in soil health        solid waste recycled or
         planted through 2018                    initiatives through 2018       processed for recovery

   81 percent of our U.S retail sales                      83 percent                        29 million
                                                                   of our employees                 meals enabled through
   volume nutritionally improved                                   worldwide volunteered            food donations around
   since 2005                                                      in their communities             the world

                                                                                                    GENERAL MILLS GLOBAL RESPONSIBILITY   03
Global RESPONSIBILITY 2019 - ResponsibilityReports.com
Materiality*
In 2018, we partnered with Hudson                                 map and disclosure topics for                               stakeholders, most having a global                                                         with General Mills executives to validate
Consulting to conduct an assessment                               the processed foods industry                                 focus and representing a wide variety of                                                  and finalize the material issues list.
to update our list of material global                                                                                          perspectives, including from academics,
                                                               n T
                                                                  he   Dow Jones Sustainability                                                                                                                        Our final list is included on the following
responsibility issues, last done in 2015.                                                                                     consultants, customers, investors,
                                                                  Index’s (DJSI) scoring framework                                                                                                                       page, with a visual representation
Input for this analysis included:                                                                                              nongovernmental organizations
                                                                  for food products                                                                                                                                     of where each issue has the most
                                                                                                                               and suppliers. Just over 30 internal
n M
   aterial   issues lists published                                                                                                                                                                                    impact across our value chain.
                                                               n S
                                                                  takeholder     and consumer research                      stakeholders responded, representing all
   by several industry peers                                                                                                                                                                                             GRI 102-46, 47
                                                               Based on the input, we created and                              regions and a wide range of functions
n I nput   from General Mills global
                                                               distributed a materiality assessment                            and areas of expertise.
   responsibility experts and executives
                                                               survey to stakeholders to determine the                         Using this stakeholder input, we
n T
   he   Sustainability Accounting                            relative importance of each issue. We                           developed a draft matrix and worked
   Standards Board’s (SASB) materiality                        received 30 responses from external

                                 Materiality assessment process                                                                                                                                                      Materiality matrix

                                General Mills                                             External              Other stakeholder

                                                                                                                                                    Importance for General Mills to address
  Results of 2015                executives                                              disclosure              and consumer
                                                          Industry peers
   assessment                   and experts                                             frameworks                  research

                                                                                                                                                                                              HIGHER
                                                                                                                                                    (input from external stakeholders)
                                                                                                                                                                                                                                            PRIORITY
                                                                                                                                                                                                                                           material issues

                                          List of issues for materiality assessment

                                                                                                                                                                                                                   OTHER
                                                                                                                                                                                                                material issues

                                               External                       Internal
                                                survey                         survey
                                                                                                                                                                                                                                                       HIGHER
                                                                                                                                                                                                       Impact on General Mills
                                                                                                                                                                                                       (input from internal stakeholders)

*In this report, the terms “material” and “materiality” refer to topics that reflect General Mills’ significant environmental and social impacts or that substantially influence our global responsibility strategy. We are not using these terms as they
have been defined by securities laws in the United States or in the context of financial statements and financial reporting.

                                                                                                                                                                                                                                   GENERAL MILLS GLOBAL RESPONSIBILITY   04
Global RESPONSIBILITY 2019 - ResponsibilityReports.com
TRANSFORMING
                                                                                                                                                                                                              AGRICULTURE

                                                                                                                                                                                                                                                                                        CONSUMING
                                                                                                                                                                                                                                                       PRODUCING
                                                                                                                                                                                                                                           PACKAGING

                                                                                                                                                                                                                                                                   SHIPPING

                                                                                                                                                                                                                                                                              SELLING
Material issues
This table summarizes the issues that are most material to our global responsibility strategy, including several priority issues ranked highest by our stakeholders.
We include information about our approach to and progress on these issues throughout this report and in the Global Reporting Initiative (GRI) index.
                                                                                                                                                                                                             CIRCLES NOTE VALUE CHAIN PHASES FOR EACH RELEVANT ISSUE

                           Climate change            Advance programs to reduce greenhouse gas emissions and help mitigate the effects of climate change throughout the value chain.
                                                     Sub-issues: adaptation and resilience; climate policy advocacy; mitigation

                           Commodity availability    Maintain reliable access to key commodities and inputs. Sub-issues: political disruption; severe weather; water-stressed areas
PRIORITY MATERIAL ISSUES

                           Corporate governance      Operate with integrity and the highest standards of oversight, ethics and compliance. Sub-issues: anti-corruption; ethics and compliance;
                           and ethics                grievance processes; privacy and data protection

                           Diverse consumer needs    Diversify our product offerings and meet changing consumer preferences. Sub-issues: dietary needs; preferred agricultural practices;
                                                     preferred ingredients

                           Food safety               Set and maintain the highest standards for food safety and quality. Sub-issues: audits; certification; recalls; training

                           Health and nutrition      Improve the variety and nutritional profile of our products and engage in public discussions on nutritious lifestyles. Sub-issues: increasing
                                                     beneficial nutrients and food groups; decreasing nutrients to limit; nutrient-dense foods

                           Human rights              Protect and respect human rights throughout the value chain. Sub-issues: child labor; discrimination; fair compensation; forced labor; freedom of
                                                     association and collective bargaining; gender equality; human trafficking; land rights; safe and healthy working conditions; working hours

                           Responsible sourcing      Improve social, environmental and economic impacts of raw material sourcing. Sub-issues: integrated pest management; organic/regenerative
                                                     farming; risk assessments and audits; soil health; supplier diversity; supplier responsibility; traceability

                           Water stewardship         Reduce water use and ensure appropriate water management throughout the value chain, especially in water-stressed areas.
                                                     Sub-issues: water use in agriculture; water use in packaging

                           Animal welfare            Ensure the humane treatment of animals throughout the supply chain. Sub-issues: animal testing; antibiotic use; the “five freedoms”
                           Biodiversity              Conserve a variety of plant and animal species through sustainable sourcing practices. Sub-issues: agricultural practices; forestry practices;
                                                     vulnerable species

                           Biotechnology             Ensure responsible use of biotechnology tools and techniques in agricultural practices and food production. Sub-issues: consumer
                                                     transparency; disclosure requirements; technologies (CRISPR, gene editing, genetically modified organisms)

                           Deforestation             Advance strategies to reduce tree clearing and associated environmental impacts. Sub-issues: biodiversity; climate change; endangered species;
                                                     high-risk supply chains (cocoa, fiber, palm oil)

                           Diversity and inclusion   Foster a diverse and inclusive workplace. Sub-issues: board of directors diversity; equal opportunity/nondiscrimination; gender equality; workforce
                                                     diversity (beliefs, cultural values, gender, perspectives, race, sexual orientation)
OTHER MATERIAL ISSUES

                           Employee health,          Maintain a safe workplace for our employees, contractors and visitors, and help employees lead healthier lives. Sub-issues: accident, injury and
                           safety and well-being     illness prevention; physical and emotional wellness; work/life balance

                           Employee recruitment      Provide competitive pay and benefits, and invest in training and development opportunities. Sub-issues: compensation and benefits; employee
                           and development           engagement; employee recruitment and retention; training and development

                           Energy use                Reduce energy use and costs throughout the value chain. Sub-issues: energy efficiency; renewable energy use; total energy use
                           Farmer livelihoods        Support farmers’ capabilities and capacity to maintain viable operations. Sub-issues: economic empowerment for smallholder and women farmers;
                                                     farm worker safety

                           Food security             Improve access to healthy, affordable food for the world’s growing population. Sub-issues: donations; food access and equity; food banks; food
                                                     deserts; school meal programs

                           Food waste                Reduce food waste and loss from field to fork and beyond. Sub-issues: food rescue/recovery; packaging design to reduce food waste; product labeling
                           Packaging footprint       Reduce the environmental impact of packaging. Sub-issues: amount of materials used; lower-impact materials; materials selection (fiber, glass, metal,
                                                     plastic); ocean plastic; packaging fees/bans; recyclability

                           Public policy and         Engage with policymakers to advance the interests of General Mills and its stakeholders, maintain the company’s license to operate, and
                           engagement                drive social and environmental improvement. Sub-issues: lobbying; policy advocacy; political contributions
                           Responsible marketing     Maintain the highest standards for marketing and advertising, including through adherence to internal and industry guidelines.
                                                     Sub-issues: commitments and policies; marketing to children; nutrition and ingredient labeling

                           Transparency              Communicate openly with stakeholders about our products and business practices. Sub-issues: employment practices; ingredients; labeling;
                                                     online access to information; supplier relationships/accountability      GRI 102-46, 47

                                                                                                                                                                                                              GENERAL MILLS GLOBAL RESPONSIBILITY                                                   05
Global RESPONSIBILITY 2019 - ResponsibilityReports.com
Priority issues: Goals and performance
                                                                                                                                                                                                                               Progress

               Issue                      Commitment/Goal                                                                                                                                                            2016        2017        2018

               Food safety                Ensure all facilities worldwide are audited and/or certified by independent third parties using globally recognized food safety criteria
                                                                                                                                                                                                                     100%       100%        100%
                                          (% of facilities)

                                          Achieve Global Food Safety Initiative certification of all General Mills owned facilities by 2020 (% of facilities)                                                        80%         82%         84%

               Health and nutrition       Continue to improve the health profile of U.S. retail products* (%)                                                                                                        79%        80%          81%
  Our food

                                          Comply with global industry front-of-pack calorie labeling                                                                                                                  Ongoing (see page 19)

               Diverse consumer           Continue to expand product offerings to meet consumer needs and preferences
               needs
                                          n   New product launches in the U.S. (number of SKUs)                                                                                                                      235         310         265

                                          n   Gluten-free retail products in North America (number of products)                                                                                                     1,000        920         900

                                          n   Protein-rich retail products in the U.S. (number of products)                                                                                                          230         250         190

                                          n   Lower-calorie retail products in North America (number of products)                                                                                                   1,300       1,300       1,250

                                          Reach US$1 billion in net sales from natural and organic products in the U.S. by 2019 (US$ million)                                                                        $750      $1,045      $1,058

               Climate change             Reduce absolute GHG emissions across our full value chain by 28 percent by 2025 and 41-72 percent by 2050 (compared to 2010)
                                                                                                                                                                                                                     N/A         -11%        -13%
                                          (% change compared to 2010)

                                          Reduce energy use by 2 percent annually** (% change)                                                                                                                        0%         3%          -2%

                                          Reduce production solid waste generation by 3 percent annually** (% change)                                                                                                 21%        11%         7%

                                          Achieve zero waste to landfill at 30 percent of our owned production facilities by 2020 and 100 percent by 2025*** (%)                                                      12%        14%         20%

               Water stewardship          Champion the activation of water stewardship plans for the company’s most material and at-risk watersheds in its global value
                                                                                                                                                                                                                    Ongoing (see pages 32-33)
                                          chain by 2025

                                          Reduce water use by 1 percent annually** (% change)                                                                                                                        10%         -5%         -4%
  Our planet

               Responsible sourcing       Sustainably source 100 percent of our 10 priority ingredients by 2020 (%)                                                                                                  69%         76%         85%

                                          Cocoa (%)                                                                                                                                                                  46%         59%         90%

                                          Vanilla (%)                                                                                                                                                                22%         22%         32%

                                          Oats (%)                                                                                                                                                                   50%         61%         90%

                                          U.S. wheat (%)                                                                                                                                                             36%         61%         74%

                                          U.S. sugar beets (%)                                                                                                                                                       68%         81%         81%

                                          U.S. corn (dry milled) (%)                                                                                                                                                 33%         67%         82%

                                          U.S dairy (raw fluid milk) (%)                                                                                                                                             38%         83%         91%

                                          Fiber packaging (%)                                                                                                                                                        99%        99%         99.5%

                                          Sugarcane (%)                                                                                                                                                              67%         58%         70%

                                          Palm oil (%)                                                                                                                                                               100%       100%        100%

* Represents percentage of U.S. retail sales volume that has reduced calories, fat, saturated fat, trans fat, sugar or sodium by at least 5 percent per serving or increased beneficial nutrients (including vitamins, minerals and fiber) by at least
10 percent per serving, compared to fiscal 2005.
** Applies to all General Mills owned production facilities. Normalized to production.
*** These facilities sent no waste to landfill or incineration without energy recovery. Data includes facilities that were operating at the end of each fiscal year.

                                                                                                                                                                                                          GENERAL MILLS GLOBAL RESPONSIBILITY            06
Global RESPONSIBILITY 2019 - ResponsibilityReports.com
United Nations Sustainable Development Goals
                     General Mills supports the United Nations (UN) Sustainable Development Goals (SDGs), a set of 17 broad goals and 169 more specific targets to drive the 2030
                     Agenda for Sustainable Development globally. We focus on the goals that most closely align with the company’s priority issues and areas of long-standing
                     commitment, investment and progress.
   MATERIAL ISSUES

                      n F
                         ood security            n D
                                                     iverse consumer needs      n W
                                                                                    ater stewardship     n C
                                                                                                             limate change                  n C
                                                                                                                                                limate change                  n B
                                                                                                                                                                                   iodiversity
                      n F
                         ood waste               n F
                                                     ood safety                 Learn more.              n F
                                                                                                             ood waste                      n C
                                                                                                                                                ommodity availability          n D
                                                                                                                                                                                   eforestation
                      n H
                         ealth and nutrition     n H
                                                     ealth and nutrition                                 Learn more.                        n E
                                                                                                                                                nergy use                      n R
                                                                                                                                                                                   esponsible sourcing
                      Learn more.                 Learn more.                                                                                n P
                                                                                                                                                ackaging footprint             Learn more.
                                                                                                                                             Learn more.

                     Also refer to our GRI index for a mapping to SDGs.

Oversight
The General Mills leadership team                            The Chief Executive Officer also                 SUSTAINABILITY
has ultimate accountability for the                          convenes the Sustainability Governance       GOVERNANCE COMMITTEE         BOARD OF DIRECTORS’,
                                                                                                                                                                       CEO, CHAIRMAN
                                                                                                                                       PUBLIC RESPONSIBILITY
                                                                                                              CEO, CHAIRMAN                                            OF THE BOARD
company’s global responsibility                              Committee three times per year. The              OF THE BOARD
                                                                                                                                            COMMITTEE

programs and performance. The team                           role of the Committee is to approve            CHIEF SUPPLY CHAIN
                                                                                                           AND GLOBAL BUSINESS
includes Jeff Harmening, Chairman                            and monitor strategy, policy and key           SOLUTIONS OFFICER
                                                                                                             CHIEF INNOVATION,
and Chief Executive Officer; John                            investments related to sustainability.          TECHNOLOGY AND
                                                                                                              QUALITY OFFICER
Church, Chief Supply Chain and                                                                                                              CHIEF SUPPLY CHAIN        CHIEF INNOVATION,            CHIEF HUMAN
                                                             Additional details about leadership             CHIEF MARKETING               AND GLOBAL BUSINESS        TECHNOLOGY AND            RESOURCES OFFICER
                                                                                                                  OFFICER
Global Business Solutions Officer; Jodi                                                                                                     SOLUTIONS OFFICER          QUALITY OFFICER
                                                             and governance related to specific
Benson, Chief Innovation, Technology
                                                             global responsibility issues are included
and Quality Officer; and Jacqueline
                                                             in relevant sections of this report.
Williams-Roll, Chief Human Resources                                                                               GLOBAL RESPONSIBILITY        GLOBAL                  HEALTH AND        GENERAL MILLS
                                                                                                                                                                                                           WORKPLACE
                                                                                                                       FOCUS AREAS           SUSTAINABILITY              NUTRITION         FOUNDATION
Officer. The team meets regularly                            See Corporate Governance to learn
and receives input from internal and                         more about the company’s broader
                                                                                                                                               r This graphic outlines governance and management of
external experts. The Board of Directors’                    corporate governance structures
                                                                                                                                               global responsibility focus areas at General Mills.
Public Responsibility Committee                              and processes, including its Public
provides oversight and receives regular                      Responsibility Committee.
updates from the operating teams.                            GRI 102-19, 20, 26, 32

                                                                                                                                                                              GENERAL MILLS GLOBAL RESPONSIBILITY      07
Global RESPONSIBILITY 2019 - ResponsibilityReports.com
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Our approach includes open dialogue,                                                                            n F
                                                                                                                   ood    safety                                                                 n C
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                                            We engage on issues that are material

                                                                                                   ust
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                                                                                                                   ublic   policy                                                                  concerns
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                                                                                                Ind
                                                                                                                                                                                                  n E
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                                            to our global responsibility strategy                               n   R
                                                                                                                     egenerative agriculture
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globally across sectors; and ultimately,                                                                 n P
                                                                                                            ollinators and                                                                             n D
                                                                                                                                                                                                           iversity   and inclusion
                                            alignment on objectives, organizational                          biodiversity                                                                               n E
                                                                                                                                                                                                           mployee     satisfaction
identify innovative solutions that                                                                       n S
                                                                                                            oil health                                                                                 n E
                                                                                                                                                                                                           mployee     well-being
                                            expertise, capacity, influence and

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                                                                                                         n   W
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                                            willingness to collaborate.                                                                                                                                     development

                                                                                                                                                                                                                                          Emp
We are working to address shared issues –   GRI 102-40, 42, 43, 44
such as health and nutrition, climate
change and water stewardship – so                                                                                               n D
                                                                                                                                   isaster   relief                                     n F
                                                                                                                                                                                            inancial   performance
                                                                                                                                n E
                                                                                                                                   mployee     volunteerism                             n G
                                                                                                                                                                                            overnance
collaboration is essential to achieving                                                                                         n   F ood security                                      n R
                                                                                                                                                                                            eporting

                                                                                                                                    Regenerative
long-term, enduring progress. We work                                                                                           n
                                                                                                                                    agriculture
                                                                                                                                                                n B
                                                                                                                                                                   iotechnology

                                                                                                                                                                n C
                                                                                                                                                                   limate  change
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                                                                                       range of issues on
                                                                                       which we engage                                                         Regulators and public
                                                                                                                                                                  policymakers
                                                                                       with stakeholders. w

Public policy
At General Mills, we engage in public        public policy discussions to advance           for the U.S. to remain in the Paris                                                 support for the National Organic
policy issues that are important to          environmental priorities, including:           Climate Accord; support the U.S.                                                     Standards Board (NOSB) and
our company and stakeholders.                                                               Environmental Protection Agency’s                                                    the Organic Agriculture Research
                                             w Leading on regenerative and
                                                                                            (EPA) Clean Power Plan; and are                                                      and Extension Initiative (OREI).
We are committed to conducting                  sustainable agriculture – General
                                                                                            members of Business for Innovative
these activities in an accountable and          Mills is a leading voice on                                                                                                  w Advancing water stewardship
                                                                                            Climate and Energy Policy (BICEP).
transparent manner. In 2018, we led a           regenerative agriculture. We                                                                                                   – We engage policymakers to
                                                                                            See a list of our public actions here.
landmark, transparent enhancement               encourage collaboration and                                                                                                      drive more sustainable water
into our approach and priorities by             investment by governments and the        w Supporting stronger organic                                                          practices in key watersheds,
launching Public Engagement for the             private sector, such as our support         standards – We’re proud of our long                                                  like California. Learn more.
Greater Good. This extensive site details       for the Regional Conservation               history of engagement in developing
                                                                                                                                                                             w Addressing packaging and food
our public policy engagement and                Partnership Program (RCPP).                 strong U.S. organic standards, and
                                                                                                                                                                                 waste – General Mills promotes
highlights our focus in five key areas:                                                     have fought to promote and protect
                                             w Combating climate change – We                                                                                                    policies to effectively and efficiently
                                                                                            the integrity of the standards
n P
   rotecting   and preserving our             support a comprehensive, national                                                                                                increase packaging recycling
                                                                                            and advance their continuous
  planet: We actively engage in                 climate policy; have publicly called                                                                                             rates and reduce waste. In the
                                                                                            improvement. Learn about our

                                                                                                                                                                                           GENERAL MILLS GLOBAL RESPONSIBILITY                         08
United States, we are a leader in           Hunger Center and are proud to           Political contributions                          the Minnesota Chamber of Commerce
     AMERIPEN – the American Institute           have received the 2018 Corporate                                                          and the California Manufacturers
                                                                                          and memberships
     for Packaging and the Environment           Partner Hunger Leadership                                                                 & Technology Association.
    – and are actively engaged in                Award. We also work with several         Our civic policy describes our approval
                                                                                                                                         We report additional details about
     multiple, multi-sector and industry         initiatives to advance public            process for corporate political
                                                                                                                                         our largest U.S. trade association
     coalitions aimed at reducing and            policy at the state level that           contributions. The Public Responsibility
                                                                                                                                         memberships annually in our civic
     ending food waste and loss.                 would increase food security.            Committee of the Board of Directors
                                                                                                                                         involvement reports. We do not belong
                                                                                          oversees the company’s political
n D
   elivering     nutrition: We actively     w Protecting people – We advocate          activities, including our policy, disclosure
                                                                                                                                         to, or make payments to, any tax-exempt
  engage in public policy discussions            for inclusive public policies                                                           organizations in the United States that
                                                                                          of corporate political contributions,
  to advance nutrition priorities                and add our voice to help lead                                                          write and endorse model legislation.
                                                                                          membership in major trade associations
  consistent with those outlined in our          change, including for inclusive U.S.
                                                                                          and independent political expenditures         Accountability: In 2018, the Center for
  U.S. Health Metric, including support          immigration and LGBT policies.
                                                                                          (although the company has not made             Political Accountability rated General
  for strong Dietary Guidelines for
                                              w Strengthening our communities – In       any). During 2018, we made US$2,500 in         Mills in the top five of the CPA-Zicklin
  Americans; the U.S. Food and Drug
                                                 addition to our philanthropic support    direct political contributions. For more       Index of Corporate Political Disclosure
  Administration’s efforts to reflect the
                                                 for our hometown communities, we         details and historical information, see our    and Accountability, and the top
  newest scientific information on the
                                                 also develop important community         2005-2018 Civic involvement reports.           food company. This ranking, which
  definition of “healthy”; strong U.S.
                                                 partnerships that drive economic                                                        includes all companies in the Standard
  school nutrition standards; and the                                                     The General Mills Political Action
                                                 growth and increase connectiveness.                                                     & Poor’s 500 index, maintained our
  Supplemental Nutrition Program for                                                      Committee (G-PAC) is run by employees
                                                                                                                                         performance from past years.
                                            n I nforming   consumers and increasing   and uses employee funds to make
  Women, Infants and Children (WIC).
                                              awareness: We actively support              political contributions to federal and,        GRI 415-1
n E
    nsuring   safe food: We actively
                                              public policy efforts to inform             in limited cases, state candidates. No
  engage in public policy discussions to
                                              our consumers and increase their            corporate treasury funds are used for
  ensure safe food. We strongly support
  the Food Safety Modernization Act
                                              awareness about our products. For           federal candidate contributions, but as           Top 5
                                              example, we are active members of           allowed by law, the company pays G-PAC
  (FSMA) – the largest revamp of                                                                                                            CPA-Zicklin Index
                                              several organizations that provided         administration costs. Information regarding
  U.S. food safety laws in decades –
                                              comments to the U.S. Department of          G-PAC transactions is available on the
                                                                                                                                            of Corporate Political
  and its goal of raising food safety
                                              Agriculture (USDA) requesting that          Federal Election Commission’s website.            Disclosure and
  standards across the food value
                                              more information about bioengineered                                                          Accountability
  chain. We supported the originating                                                     General Mills also advances its mission
                                              ingredients be made available to
  legislation for FSMA and the                                                            by partnering with trade associations
                                              consumers, not less. (See one example
  regulations for its implementation,                                                     and other independent organizations
                                              here.) Learn more about initiatives
  and have consistently called on                                                         that share our goals, including:
                                              to increase transparency in the
  Congress to continue adequate                                                           n I nternational   organizations, such
                                              Our Food section of this report.
  funding for FSMA implementation.                                                           as EuroGlaces and the Brazilian
                                            Compliance: We comply with all
n I ncreasing   food security and                                                         Association of Food Industries.
                                            lobbying regulations where applicable.
  strengthening communities:                                                              n U
                                                                                               .S.   public policy focused
                                            General Mills is registered as a lobbying
  We actively engage in public                                                               organizations, such as the Grocery
                                            entity at the federal level for the U.S.
  policy discussions in this area,                                                           Manufacturers Association and the
                                            House of Representatives and U.S.
  including the following actions:                                                           American Bakers Association.
                                            Senate and in the states of Minnesota
  w Increasing food security – At the    and California. We file regular reports       n S
                                                                                               tate   or provincial agencies,
     federal level, we are a longtime       on our lobbying activity (see links).            local chambers of commerce and
     supporter of The Congressional         GRI 102-12, 13, 44                               manufacturing organizations, such as

                                                                                                                                                     GENERAL MILLS GLOBAL RESPONSIBILITY   09
Human rights
We believe that societies, economies              chain, we are committed to treating                 Standards and Ethical Sourcing Policy,        n S
                                                                                                                                                       upport   for the Consumer Goods
and businesses thrive when human                  people with dignity and respect.                    our Employee Code of Conduct and                 Forum’s Forced Labour Resolution
rights are protected. Respect for human                                                               our Supplier Code of Conduct                     and Priority Industry Principles
                                                  To inform our approach in this
rights is fundamental to our purpose
                                                  area, we look to the UN Guiding                   n U
                                                                                                       se   of the Sedex Members Ethical
of serving the world by making food                                                                                                                 Governance
                                                  Principles on Business and                          Trade Audit (SMETA) protocol
people love and to our commitment                                                                                                                   The Public Responsibility Committee
                                                  Human Rights, the UN Universal
                                                                                                    n E
                                                                                                       ndorsement    of the UN
to ethical business conduct.                                                                                                                        of the General Mills Board of Directors
                                                  Declaration of Human Rights, and the
                                                                                                      Global Compact
                                                  International Labour Organization’s                                                               oversees our work in this area.
Our approach                                                                                        n S
                                                                                                       ignatory   to the UN Women’s
                                                  1998 Declaration on Fundamental                                                                   Operational accountability rests with
Our Policy on Human Rights outlines               Principles and Rights at Work.                      Empowerment Principles
                                                                                                                                                    Chief Supply Chain Officer, supported
our approach. We respect and                                                                        n M
                                                                                                       embership    in AIM-PROGRESS,
                                                  The following also underpin our                                                                   by members of the members of
acknowledge internationally recognized                                                                a forum of consumer goods
                                                  commitment to human rights:                                                                       the leadership team including the
human rights principles. Within our                                                                   manufacturers focused on                      Chief Executive Officer and heads
company and throughout our supply                 n G
                                                     eneral   Mills’ Slavery and Human
                                                                                                      responsible sourcing                          of Legal and Human Resources.
                                                    Trafficking Statement, our Workplace

      Supporting human rights across our value chain
      We work within a large, diverse value chain of partners and stakeholders. Each has a duty to respect human rights. General Mills expects our partners to adhere to
      ethical business conduct consistent with our own standards.

                Farmers                                          Suppliers                                    Employees                                Communities
      We work directly with smallholder farmers     Our supplier base is large, complex and        We are committed to maintaining a            We are committed to providing safe
      from whom we source ingredients               global. We address human rights through        respectful, safe, secure and harassment-     and healthy food, and we collaborate
      to help strengthen their farming              a multifaceted approach, including             free workplace, demonstrating fair labor     to improve food access and security
      practices and their livelihoods, ensure       supplier assessments, audits and direct        practices and fostering a culture of         for the world’s growing population. See
      safe and healthy working conditions           engagement. Our Supplier Code of               diversity and inclusion. See Our Workplace   Increasing food security for more detail.
      and promote economic stability. See           Conduct is the backbone of our program.        for more detail.
      Sustainable sourcing for more detail.         See Supplier responsibility for more detail.

GRI 407-1, 408-1, 409-1

                                                                                                                                                                GENERAL MILLS GLOBAL RESPONSIBILITY   10
About this report
The General Mills Global Responsibility        n U
                                                  nless   otherwise noted, data in this        Feedback
Report describes our commitments,                report is not externally verified and
                                                                                                 We welcome your comments about
goals, programs and performance                  may occasionally be restated due
                                                                                                 this report. Please send any feedback
across a broad range of issues. The              to improvements in data collection
                                                                                                 to Corporate.Response@genmills.com.
company’s Global Sustainability                  methodology and/or accuracy.
                                                                                                 GRI 102-49, 50, 53, 54, 56
team has responsibility for the
development of the report. Ultimate
                                               Stakeholder input
accountability lies with the General           For the last several years, General Mills
Mills leadership team (see page 7).            has engaged Ceres – a coalition of
                                               investors, environmental organizations
The report is structured to explicitly
                                               and other public interest groups working
align with the company’s material
                                               with companies to advance their
global responsibility issues.
                                               environmental and social performance
The Global Responsibility Report is            and disclosure – to provide input on our
an important part of a broader set of          annual Global Responsibility Report.
disclosures that provide stakeholders
                                               This year, nine stakeholders, including
a multifaceted description of General
                                               investors, NGO representatives,
Mills’ performance, including the
                                               corporate practitioners and industry
company’s annual report, SEC filings
                                               experts, provided feedback on a
and annual proxy statement.
                                               detailed report outline. We value this
                                               input and have incorporated much
Report scope
                                               of their feedback into the report.
n T
   he    scope covers the company’s
  global operations in fiscal 2018             Reporting standards
  (52 weeks ended May 27, 2018),
                                               n T
                                                  his   report references the GRI 2016
  except where noted otherwise.
                                                 Sustainability Reporting Standards,
n E
   nvironmental    data related to             as well as the Food Processing Sector
  General Mills’ production facilities           Supplement. See the GRI index
  presented in this report and in                for details.
  the Environmental Data Summary
                                               n T
                                                  his   report references the Sustainability
  is reported on a May-April basis
                                                 Accounting Standards Board’s
  (through April of the year noted).
                                                 (SASB) Processed Foods Standard.
n T
   his   report does not include data          See the SASB index for details.
  from Blue Buffalo Pet Products, which        n G
                                                  eneral   Mills endorsed the principles of
  General Mills acquired in April 2018.          the UN Global Compact in 2008. This
n O
   ur    Scope 1, Scope 2 and a portion of     report serves as the company’s annual
  our Scope 3 greenhouse gas emissions           Communication on Progress. See the
  have been verified by Bureau Veritas.          UN Global Compact index for details.

                                                                                                                                         GENERAL MILLS GLOBAL RESPONSIBILITY   11
Our Food
                                       At General Mills, our purpose is to serve
                                        the world by making food people love.

IN THIS SECTION

                                             Consumer education
   Health and wellness   Food safety                                                      Transparency
                                             and marketing

                                       81%                     100%                       2nd
                                       In fiscal 2018,         100 percent of our         General Mills
                                       81 percent of U.S.      facilities worldwide       is now the
                                       Retail sales volume     are audited and/or         second-largest
                                       met our Health Metric   certified by independent   U.S. natural and
                                       nutritional criteria.   third parties using        organic food
                                                               globally recognized        producer.
                                                               food safety criteria.

                                                                                    GENERAL MILLS GLOBAL RESPONSIBILITY   12
Our Food          Our Planet               Our Workplace                       Our Community

           Health and wellness
Nutrition                 u Material issue | GRI 416-1, FP4, 6, 7

Our approach                                       and growth for General Mills. The                   and safety, and product labeling.                      Health and Wellness Advisory Council:
                                                   Bell Institute influences General Mills’            Responsibility for marketing                           Since 1989, we have benefited from
Our goal: Our goal is to provide a diverse
                                                   product development through:                        communications is held by the                          the guidance of our global Health and
portfolio of products that can contribute
                                                   n N
                                                      utrition    science research                    Chief Marketing Officer. The Bell Institute            Wellness Advisory Council, a group of
to the well-being of consumers and
                                                                                                       of Health and Nutrition reports directly               leading external health and nutrition
meet their various needs, including                n I nsights   on regulatory matters
                                                                                                       to the Chief Innovation, Technology and                experts who provide perspective from
nutrition. We are committed to making              n H
                                                      ealth   communications to customers,            Quality Officer and regularly updates                  academia and research institutes. The
food with passion and putting people                 nutrition communities and consumers               the Public Responsibility Committee                    council meets regularly and challenges
first by improving the variety and health
                                                   n R
                                                      ecommendations       for product                of the Board of Directors on the                       us to continually advance health and
profile of our products while adhering
                                                     innovation and reformulation                      company’s health and wellness strategy.                wellness strategies and practices.
to high standards of food safety.
                                                   Learn more on the Bell Institute website.
Investment in research: We invest
                                                                                                                                                          CEO, CHAIRMAN
in research and development (R&D)                                                                                                                         OF THE BOARD
to continuously improve the health
profile of our products and help
us better understand the impact
                                                   Leadership and governance:                                                                            CHIEF INNOVATION,
of food on health and wellness.                                                                                           CHIEF
                                                                                                                                                         TECHNOLOGY AND
                                                                                                                                                                                              HEALTH AND WELLNESS
                                                   Operationally, responsibility for                                 MARKETING OFFICER
                                                                                                                                                          QUALITY OFFICER
                                                                                                                                                                                                ADVISORY COUNCIL
Bell Institute of Health and Nutrition:            product development and marketing
General Mills’ global Bell Institute of            lies within the R&D and marketing
Health and Nutrition is the company’s              organizations. The Chief Innovation,
                                                                                                           PRODUCT                   FOOD                                          BELL INSTITUTE
source for scientific health and                   Technology and Quality Officer                        MARKETING AND            SAFETY AND
                                                                                                                                                          RESEARCH AND
                                                                                                                                                                                   OF HEALTH AND
                                                                                                                                                          DEVELOPMENT
                                                                                                        COMMUNICATIONS              QUALITY                                          NUTRITION
nutrition expertise that creates value             is responsible for product health

Nutrient-dense foods
At General Mills, we provide a diverse            and granola bars containing whole grain and/        Cheerios, Fiber One and Lucky Charms are
portfolio of products, including many             or fiber, plays an important role in healthy        examples of nutrient-dense cereals that
nutrient-dense foods, which can help              diets. They are important contributors to           provide beneficial nutrients, such as key
consumers meet dietary recommendations            consumption of key food groups, including           vitamins and minerals, whole grain and fiber.
and fit into a healthy eating pattern.            whole grains and dairy, and beneficial              Low-fat and nonfat yogurts, like Yoplait
                                                  nutrients like vitamins, minerals, protein and/     Original Style Yogurt, Go-GURT, Yoplait Light,
While we traditionally report our progress as
                                                  or fiber, while balancing nutrients to limit.       Greek 100, YQ and Petits Filous yogurt are also
increasing certain beneficial nutrients and
                                                  Focusing on nutrient density helps tell the         nutrient-dense choices. They are important
reducing others, we also recognize that few
                                                  whole story about the nutritional value of          sources of essential nutrients, such as protein,
foods are composed of a single nutrient.
                                                  a food – beyond what has been increased             calcium, and often vitamins A and D.
Consumption of nutrient-dense foods, like
                                                  or reduced – to help support consumers
fortified cereals, low-fat and nonfat yogurts
                                                  in adopting healthy dietary patterns.
                                                                                                                                                                             GENERAL MILLS GLOBAL RESPONSIBILITY    13
Our Food             Our Planet                  Our Workplace                   Our Community

Global nutritional improvements
In 2005, General Mills began the journey toward improving the nutrition of our products with the implementation of our U.S. Health Metric. Over the past several years,
we have expanded our efforts, applying similar criteria to encourage nutritional improvements globally. Here are some highlights of nutritional improvements worldwide since
2005 (fiscal 2005-2018 results).

    Global nutritional improvements since 2005

                      Increased beneficial nutrients and food groups                                                                                 Reduced nutrients to limit

        NUTRIENTS AND
                                                         IMPACT*                              KEY CATEGORIES         NUTRIENTS                            IMPACT***                             KEY CATEGORIES
        FOOD GROUPS

                                     300+                Provide at least 8 grams of             cereal and                                                                              savory snacks, frozen pizza,
                                  new products            whole grain per serving                  snacks                                                          Reduced sodium     canned vegetables, baking mixes,
      Whole grain                                                                                                                        480+ products
                                                                                                                                                                     by 5 to 25%       dry dinners, refrigerated dough,
                                                                                                                    Sodium                                                              side dishes, soups and cereal

                                     300+              Provide a significant source of           cereal and
                                  new products           dietary fiber per serving**               snacks
            Fiber
                                                                                                                                                                   Reduced sugar
                                                                                                                                         370+ products                                     yogurt, snacks and cereal
                                                                                                                                                                     by 5-30%
                                                                                              yogurt, cereal,         Sugar
                                     600+                 Provide sources of key             snacks, and fruit
      Vitamins and                new products            vitamins and minerals**             and vegetable
        minerals                                                                                products

                                                                                                                                                                Reduced trans fat
                                                         Provide at least 10% of the                                                                                                   baking mixes, refrigerated dough
                                                                                                                                         270+ products         to 0 grams labeled
                                      165+              recommended daily value of              yogurt and                                                                                   and pizza products
                                  new products          protein per serving (or are a             snacks            Trans fat                                      per serving
          Protein                                           source of protein)**

*New products introduced FY05-FY18 containing beneficial nutrients and food groups at specified levels.
**As defined per region.
***Existing products reformulated FY05-FY18 to reduce targeted nutrients at specified levels.

Cereal Partners                                            reformulating its global product portfolio            Goal: By 2020, all CPW cereals
                                                           to increase ingredients and nutrients that            containing a green banner will be
Worldwide
                                                           are important to a balanced diet ­– such              made of whole grain*** and free
Our Cereal Partners Worldwide (CPW)                        as whole grain and fiber – and reduce                 of artificial colors and flavors.
joint venture with Nestlé makes and                        ingredients like sugar and sodium.                    **Scope: All active recipes under Nestlé brand;
markets cereals globally outside North                                                                           % capture increase/decrease since the launch
                                                           Progress: Since 2003, CPW has                         of each recipe; and based on 2018 volume.
America. CPW is committed to making                                                                              ***At least 8g of whole grain per serving.
                                                           achieved 23 percent less sugar, 31
breakfast better by providing nutritious,                                                                        Excludes: 1. Products where technology does
                                                           percent less sodium, 58 percent more                  not allow the addition of whole grain;
tasty and convenient breakfast cereals.                                                                          2. General Mills imported products.
                                                           whole grain and 48 percent more                                                                               r A few of the General Mills products introduced
For more than a decade, CPW has been                                                                                                                                     globally in fiscal 2018 meeting Health Metric criteria.
                                                           fiber in their product portfolio.**

                                                                                                                                                                                        GENERAL MILLS GLOBAL RESPONSIBILITY        14
Our Food              Our Planet                  Our Workplace                       Our Community

Spotlight: U.S. Health Metric
Since its inception in 2005, more than 1,500 products have been included in the U.S. Retail Health Metric. In fiscal 2018, 81 percent of our U.S. Retail sales volume met Health Metric criteria.

U.S. Retail Health Metric achievement                                                                                  U.S. Health Metric criteria:                                     or at least a half-serving of fruit,
FY05-FY18                                                                                                                                                                               vegetables, or low or nonfat dairy.
                                                                                                                       n R
                                                                                                                          educe    calories, fat, saturated
                           More than 1,500 products included in FY05-FY18                                                fat, trans fat, sugar or sodium by                          n F
                                                                                                                                                                                        ormulate/reformulate       products to
                                                                                                                         5 percent or more per serving.                                 meet specific internal requirements,
                                                                              76%     77%         79%    80%    81%    n I ncrease   beneficial nutrients – including                  including limiting calories, and
                                                                   73%
                                                           68%                                                           vitamins, minerals and fiber – by                              meeting health or nutrition claim
                                                   64%
                                          60%                                                                            10 percent or more per serving.                                criteria as defined by the U.S. Food
                                                                                                                                                                                        and Drug Administration (FDA).
                                  45%                                                                                  n F
                                                                                                                          ormulate/reformulate          products
                           40%
                                                                                                                         to include 8 grams of whole grain
                  33%

          21%
  16%                                                                                                                      Spotlight: Nutritional impacts across our
                                                                                                                           North American portfolio*
 FY05    FY06    FY07     FY08    FY09    FY10     FY11    FY12    FY13       FY14    FY15       FY16    FY17   FY18
                                                                                                                                    Fiber                                                   Whole grain
Drivers of nutritional improvements                                                                                          n 1 9 percent of our North American product            n A
                                                                                                                                                                                        t breakfast, Big G cereals are
U.S. Retail sales volume FY05-FY18*                                                                                            SKUs (300+ products) contain at least 10                 the No. 1 source of whole grain
                                                                                                                               percent of the recommended daily value of                for Americans.
                                                                                                                               fiber per serving. Examples include Fiber             n 2
                                                                                                                                                                                        0 percent of our North American
                                                                                                                               One Snack Bars and ready-to-eat cereals.                 product SKUs (550+ products)
                                                                                                                                                                                        contain at least 8 grams of whole
                                                                                                                                    Protein                                             grain per serving. Examples include
                         FY2018 U.S. Retail Health Metric volume:                                                                                                                       ready-to-eat cereals and grain-based
                                                                                                                             n 1 1 percent of our U.S. retail product SKUs
                                                                                                                                                                                        snack bars.
                     16%                          46%                             38%                                          (190+ products) provide at least 10 percent
                                                                                                                               of the daily value of protein per serving.
            Products with increase              Products with                   Products with
                                                                                                                             n 2
                                                                                                                                9 percent of our Canadian retail
                                                                                                                                                                                            Calcium
            in beneficial nutrients            both increase in                  decrease in
                                              beneficial nutrients             nutrients to limit                              product SKUs (165 products) are a                     n 2
                                                                                                                                                                                        4 percent of our U.S. retail product
                 n   Whole grain
                 n   Fiber                     AND decrease in            n   Sodium      n   Saturated fat                    source of protein.                                       SKUs (300+ products) provide at
                 n   Vitamins/minerals         nutrients to limit         n   Sugar       n   Total fat                                                                                 least 10 percent of the recommended
                 n   Protein                                              n   Trans fat                                       Cal   Calories                                            daily value of calcium per serving.
                                                                                                                                                                                     n 4
                                                                                                                                                                                        5 percent of our Canadian retail
                                                                                                                             n 6
                                                                                                                                2 percent of our North American
                                                                                                                                                                                        product SKUs (200+ products) are a
                                                                                                                               product SKUs (1,250+ products)
                                                                                                                                                                                        source of calcium. Examples include
                                                                                                                               have 150 calories or less per serving.
                                                                                                                                                                                        yogurt products, fortified cereals and
                                                                                                                             n 3
                                                                                                                                0 percent of our North American
                                                                                                                                                                                        Annie’s Macaroni & Cheese products.
*The information on this diagram shows efforts we have made to improve the nutrition profile of our products.                  product SKUs (700+ products) have
Divested products are not included.
                                                                                                                               100 calories or less per serving.

                                                                                                                       *Status as of FY18; includes current products meeting specified criteria.

                                                                                                                                                                                                   GENERAL MILLS GLOBAL RESPONSIBILITY   15
Our Food            Our Planet             Our Workplace          Our Community

Diverse consumer needs                                          u Material issue

Our approach: At General Mills, diverse           the way people eat and interact with            approach to health and wellness.                dairy alternatives, nutrition-driven
and evolving consumer needs are at the            our brands. Three key consumer-driven           Wellness incorporates everything                granola and probiotic drinks.
center of our business. We include the            trends that are influencing important           from physical health to whole body
voice of our consumers in every decision          initiatives at General Mills include            health, including mental health aspects.
                                                                                                                                                Changing demographic
we make by understanding their needs,             responsible living, wellness and balance,       Food options across this wellness             landscape
motivations, values and behaviors. We             and changing demographic landscapes.            continuum increasingly are available          Shifts in population demographics and
consistently monitor key trends and                                                               in a variety of food categories, such         consumer attitudes result in changing
macro forces that can drive change in             Responsible living                              as snacks and yogurt. For example:            preferences and needs. For example, half
                                                  The combination of an intensifying                                                            of General Mills consumers are multi-
                                                                                                  n G
                                                                                                     eneral   Mills products recently
     TREND | COMPASS                              pull on natural resources and greater
                                                                                                    launched include YQ by Yoplait,
                                                                                                                                                cultural or 55+ years old. Multicultural
                                                  awareness of social issues is leading to                                                      families and Baby Boomers, who are
                                                                                                    which delivers an excellent source of
                                                  more personal consumer action. People                                                         becoming empty nesters and moving
                                                                                                    protein with less sugar, and Oui by
                                                  increasingly are mindful of factors greater                                                   into retirement, increasingly are looking
                                                                                                    Yoplait French-style yogurt focused
                                                  than themselves – others, animal welfare                                                      for products that fit their varied lives.
                                                                                                    on simple, everyday pleasure.
                                                  and the environment – in their decision-
                                                                                                                                                For example, Betty Crocker Mug Treats
                                                                                                  n G
                                                                                                     eneral   Mills is the fourth-largest
                                                  making. For example, General Mills
                                                                                                                                                offer single-serving options for smaller
                                                                                                    producer of gluten-free products
                                                  natural and organic brands, like Annie’s,
                                                                                                                                                households, while innovations such as
                                                                                                    in the U.S.* One in five of our
                                                  Epic, Cascadian Farm and Muir Glen,
                                                                                                                                                Cinnamon Toast Crunch Churros Cereal
                                                                                                    North American products is
                                                  continue to fully integrate sustainability
                                                                                                                                                have multicultural consumers in mind.
                                                                                                    labeled as gluten-free. In 2018, we
                                                  as a standard operating principle. In

                                                                                                                                                    250+
                                                                                                    offered more than 900 gluten-free
                                                  April 2018, we acquired Blue Buffalo, a
                                                                                                    product SKUs in North America.
                                                  mission-driven natural pet food business.
                                                                                                  n 3
                                                                                                     01   INC, General Mills’ business
                                                  Wellness and balance                              development and venture capital
                                                                                                                                                    In fiscal 2018, we introduced
r General Mills constantly monitors key
food trends, including the items highlighted      As access to information grows, people            unit, invests in products that                  more than 250 new products
in this trend compass.                            are taking a more proactive and holistic          deliver options like plant-based                in the U.S. to meet diverse
*Nielsen xAOC; 52 weeks ending Dec. 29, 2018.
                                                                                                                                                    consumer needs.

Investing in food innovations
Our approach: Today’s fast-changing food          with promising early-stage brands and also      Our progress: We continue to grow our         Partners: As of November 2018, we have 10 partners:
industry requires rapid innovation and a steady   helps make their food products accessible       portfolio and support for entrepreneurial
stream of new ideas. In 2015, General Mills       to more people. By combining the vision         brands. In fiscal 2018, we:
began to invest in small food start-ups through   and passion of these entrepreneurs
                                                                                                  n A
                                                                                                     dded Urban Remedy and GoodBelly
301 INC, the company’s business development       with General Mills’ extensive capabilities
                                                                                                    Probiotics, two high growth potential
and venture capital unit. The 301 INC team        in areas such as product development,
                                                                                                    companies, to our portfolio.
helps expand the vision of entrepreneurs          supply chain, marketing, operations and
                                                  channel development, we believe we can          n H
                                                                                                     eavily reinvested in dairy-free yogurt

                                                  meet consumer needs faster than ever.             maker Kite Hill to help meet consumer
                                                                                                    demand for more plant-based options.

                                                                                                                                                           GENERAL MILLS GLOBAL RESPONSIBILITY   16
Our Food                 Our Planet           Our Workplace                 Our Community

        Natural and organic brands
        Since 2000, we have steadily expanded                  with organic ingredients; approximately
        our natural and organic business,
        including through brand acquisitions, to
                                                               370 organic product SKUs are available
                                                               throughout the U.S. and Canada.
                                                                                                                    Our natural and organic brands
        meet growing consumer demand. We
                                                            n G
                                                               rowth – We committed to growing
        offer a mix of certified organic cereals,
                                                               our natural and organic food business
        yogurt, vegetables, fruit products,                                                                                                                                     ®

                                                               to US$1 billion in net sales by 2019, and
        snacks, meals and baking products.
                                                               reached US$1.058 billion in fiscal 2018.**
        Our progress:
                                                            Sustainable supply: We are also                                                                                     ®

        n S
           cale – General Mills is now                     taking steps across our supply chain to
           the second-largest U.S. natural                  ensure a long-term supply of organic
           and organic food producer.*                      ingredients. Learn more about how we
                                                            are building our organic capacity in
        n P
           roducts – One out of every 12
                                                            the Our Planet section of this report.
           products in our North American
           portfolio is certified organic or made

        *Based on SPINS NOMC Dashboard data through Sept. 16, 2018.
        **Nielsen updated through May 26, 2018; Natural Supermarkets updated through May 27, 2018; Whole Foods updated through May 26, 2018.

          Food safety                                                  u Material issue | GRI 416-1, 2, FP5

Our approach                                           areas of concern, as well as collaborate                 n A
                                                                                                                   udits   – Our Global Internal Audit           of excellence and online training
                                                       with industry peers and regulators to                       team periodically audits the                   academy. In fiscal 2018:
Safety is a priority for our company
                                                       help raise standards industrywide.                          effectiveness and efficiency of
                                                                                                                                                                  n O
                                                                                                                                                                     ur   General Mills food safety
and central to our culture. Leading
                                                                                                                   food safety controls and operating
with safety – both in the workplace                    Systems: Our global food safety                                                                              team included more than 400
                                                                                                                   procedures. Results are reported to
and the food we make – is one                          systems focus on prevention,                                                                                 trained quality professionals.
                                                                                                                   the company’s Global Governance
of the key operating principles                        intervention and response:
                                                                                                                                                                  n W
                                                                                                                                                                     e    conducted Auditor Academy
                                                                                                                   Council and Board of Directors.
that guides our work.                                  n P
                                                          rocesses    – Food safety is                                                                             training sessions attended by 25
                                                                                                                n T
                                                                                                                   raceability   – Our inventory control and
Investment: We invested US$14.4 million                   integrated into all our processes,                                                                        participants from two countries.
                                                                                                                   supplier management systems include
into food safety in fiscal 2018; equal                    beginning with R&D and extending                                                                          These sessions help improve our
                                                                                                                   the ability to trace the sources of our
to 7.6 percent of our total essential                     across our supply chain.                                                                                  ability to identify and fix issues,
                                                                                                                   ingredients, which is key to isolating risks
capital investment for the year.                                                                                                                                    as well as prevent food safety
                                                       n R
                                                          isk   mitigation – We conduct
                                                                                                                   in the event of food safety concerns. We
                                                                                                                                                                    problems from occurring.
Collaboration: Food safety leadership                     internal risk-based surveillance and
                                                                                                                   evaluate our suppliers’ systems to ensure
is a differentiator for General Mills, but                food safety testing at all General Mills                                                                n W
                                                                                                                                                                     e    provided food safety training
                                                                                                                   they meet our traceability requirements.
not an area of competition. We freely                     facilities to identify and prioritize                                                                     to more than 3,500 professionals
                                                                                                                Training: We provide food safety
share our best practices and emerging                     specific areas of risk.                                                                                   across the supply chain.
                                                                                                                training through our global centers

                                                                                                                                                                               GENERAL MILLS GLOBAL RESPONSIBILITY   17
Our Food            Our Planet           Our Workplace            Our Community

Governance:                                 Performance                                        conducted five voluntary product             Our progress:
                                                                                               recalls globally in fiscal 2018 (compared
n D
   etailed   policies – Governance                                                                                                         n 8
                                                                                                                                               36   supplier audits were
                                            Our goals:
                                                                                               to nine in fiscal 2017), including
  of General Mills’ food safety and                                                                                                           conducted in 2018.
                                            n 1 00   percent of General Mills facilities      recalls of snack bars, cereal, yogurt,
  regulatory matters begins with a
                                                                                                                                            n 9
                                                                                                                                               8   co-producer audits were
                                              third-party audited and/or certified.            and fat and tallow products.
  corporate Food Safety and Regulatory
                                                                                                                                              conducted in 2018.
  Policy signed by our Chief Executive      n 1 00   percent Global Food Safety
                                              Initiative (GFSI) certification of all
                                                                                               Suppliers                                    n 7
                                                                                                                                               8   percent of our global co-production
  Officer. This corporate policy is
                                              General Mills owned facilities by 2020.          Our approach:                                  sites are GFSI certified.
  supported by 18 detailed policies
  with accompanying standards and           Our progress: External verification and            n A
                                                                                                  udits   – To help ensure the safety of   n 6
                                                                                                                                               5   percent of global ingredient
  guidance documents. These global          certification of our facilities includes:            the raw materials (ingredients and           suppliers and 92 percent of our North
  policies cover a broad range of food                                                           packaging) we use in our products,           American ingredient vendor sites are
                                            n 1 00   percent of our facilities worldwide
  safety areas, including regulatory                                                             we continue to expand the number             GFSI certified.
                                              are audited and/or certified by
  compliance, trace and recall, labeling,                                                        of supplier and co-producer audits         n 3
                                                                                                                                               00+   suppliers were trained through
                                              independent third parties using globally
  claims, physical, chemical and                                                                 we conduct globally. We perform
                                              recognized food safety criteria.                                                                supplier schools and webinars in 2018.
  biological hazards, transportation,                                                            direct audits and also encourage
                                                                                                                                            n 9
                                                                                                                                               50+   supplier representatives
  and good manufacturing                    n 8
                                               4   percent of our company-owned                 third-party audits and/or certification,
                                              production facilities are GFSI certified,                                                       participated in training sessions
  practices and sanitation.                                                                      such as through GFSI, as an additional
                                              indicating they meet global standards                                                           in Australia, Brazil, China,
n L
   eadership   – The Vice President                                                             preventive control measure.
                                              for food safety management                                                                      India, Spain, Taiwan, Thailand
  of Food Safety and Quality has                                                               n S
                                                                                                  upplier   training – We bring together
                                              recognized in more than 150 countries.                                                          and the U.S. since 2011.
  direct responsibility for food                                                                 our suppliers around the world to
  safety. The Global Internal Audit         Recalls: When we learn about illnesses               share food safety knowledge and
  team periodically validates that          that may be linked to our products,                  communicate food safety expectations.                               100 percent
  our food safety processes and             we take quick action. We collaborate                 We conduct supplier training in                                     of General Mills
  controls are operating effectively.       with health officials to investigate the                                                                                 facilities are third-
                                                                                                                                               100%
                                                                                                 classroom settings tailored to the needs
  The company’s Global Governance           situation, communicate with consumers                of each market. The seminars address                                party audited
  Council conducts a quarterly review       and issue voluntary product recalls                  topics such as biological and physical                              and/or certified
  of risk, which includes food safety.      to remove affected products from                     hazard controls, allergen management
                                            store shelves, when appropriate. We
                                                                                                                                                                     for food safety.
                                                                                                 and production facility sanitization.

                                                                                                                                                        GENERAL MILLS GLOBAL RESPONSIBILITY   18
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