As You Sow

View Original

Nearly one-third of General Mills shareholders seek more accounting on pesticides in supply chain

A group of environmentally minded investors persuaded about one-third of General Mills’ voting shareholders to support a proposal aimed at eliminating pesticide use from the company’s supply chain.

The investors — Green Century Equity Fund, a mutual fund of Green Century Capital Management Inc., and As You Sow, a nonprofit group — sought to require the company’s board of directors to regularly publish reports on the use of certain pesticides by General Mills’ suppliers.

The investors pointed to the company’s publicly declared commitment to improving pollinator populations, citing new evidence that some insecticides and herbicides have been linked to a decline in bee survival rates. Read Full Article - StarTribune, September 27, 2018