General Mills Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

**Campaign finance and political action committees:**Sometimes we support the legislative process by contributing to candidates and organizations. We recognize how important accountability and transparency is, so we disclose a list of our political contributions twice a year on our website and have an archive of past contributions.

Our policy describes our procedures for using corporate funds for political contributions. The Public Responsibility Committee of our board of directors reviews our policy. We disclose a list of our political contributions semiannually on our website and provide an archive of past years. Employees complete annual business conduct certification, ensuring compliance with our policy.

**Board oversight:**The Public Responsibility Committee of our board of directors is made up of outside directors and oversees all company political activity, including political expenditures, corporate political contributions, major trade association memberships and more. This board would also approve independent political expenditures if General Mills made any, though we have never done so.

a. Political Contributions. Use of Company funds for political contributions anywhere in the world requires approval in writing from the appropriate operating executive, the General Counsel and the Vice President, Government Relations. Additionally, all direct contributions to independent political expenditure campaigns must be approved by the Company's Public Responsibility Committee. Company political contributions will be aligned with the interests of the company. Proper recipients of company political contributions include candidates for political office in the United States or organizations that support candidates for political office in the United States. Contributions will be made without regard for the private political preferences of company officers or executives.

b. Political Activities. The Company encourages employees to be active participants in public affairs during non-work time, and to support the party and candidates of their choice, provided that the laws on corporate contributions are followed and the activities do not interfere with the employee's ability to perform his or her Company responsibilities.

c. Political Action Committee. The Company has established, in compliance with U.S. law, the General Mills Political Action Committee (G-PAC), which uses employee contributions to make political contributions to U.S. federal and state political parties, committees and candidates. Participation in the G-PAC by employees is strictly voluntary. The Company pays the costs of administering the G-PAC.

d. Managers or supervisors must obtain formal approval from the General Counsel and the Vice President, Government Relations if there is any question as to the propriety or legality of an employee's political contributions or actions.

e. The Company's Public Responsibility Committee reviews a report of political contributions made with Company funds on an annual basis. The Public Responsibility Committee also periodically reviews the Company's policy on political contributions.

https://www.generalmills.com/how-we-make-it/building-strong-communities/civic-involvement/civic-policy

The Board's Public Responsibility Committee provides oversight of the company's sustainability work — including our climate program. In addition, our Chairman and CEO convenes the Global Impact Governance Committee at least three times each year to review and approve climate-related strategies, programs and key investments.

https://globalresponsibility.generalmills.com/PDF/general_mills-global_responsibility_2023_0036.pdf

At General Mills, we are committed to using our voice to engage in public policy issues important to our company and stakeholders. We believe that advocating for policies that provide proportionate, clear guidance on mitigation and adaptation of climate change effects is essential for large-scale progress. We focus our efforts in areas where General Mills' leadership can drive the largest impact toward positive nature-related outcomes, including advancing regenerative agriculture and water stewardship, combating climate change and addressing packaging and food waste. Learn more about our public policy engagement in our [Global Responsibility Report beginning](https://globalresponsibility.generalmills.com/) [on page 13 and on our website.](https://www.generalmills.com/how-we-make-it/building-strong-communities/civic-involvement/public-policy-engagement) [...] The Global Impact Governance Committee (GIGC), led by our Chairman and CEO and overseen [by the Board's Public Responsibility](https://investors.generalmills.com/corporate-governance/governance-documents/default.aspx#public-committee) [Committee, is accountable for our](https://investors.generalmills.com/corporate-governance/governance-documents/default.aspx#public-committee) sustainability and climate programs. The Chairman and CEO convenes the GIGC at least three times each year to establish, direct and oversee General Mills' positions on matters of significance to the company and its stakeholders concerning corporate social responsibility, environmental and sustainability issues, and philanthropy. The GIGC, which was formalized in 2021 and further enhanced in 2023, is an evolution from the previous Sustainability Governance Committee and reflects the continued integration of sustainability into the company and the understanding that our ambitious targets will require alignment, operationalization and investment across the company. Further oversight of the company's sustainability work is provided by the Board's Public Responsibility Committee, which regularly reviews the company's sustainability objectives, strategies and performance. The company's Chief Sustainability and Global Impact Officer stewards the company's sustainability work, reporting to the Chief Supply Chain Officer, and working closely with other key business leaders to develop, coordinate and execute programs to achieve company-wide targets.

https://www.generalmills.com/-/media/project/gmi/corporate/corporate-master/files/about-us/commitments/general-mills-climate-transition-action-plan.pdf?rev=0c23a8ac19524a45839ad1f51060b9e1

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Board oversight: The Public Responsibility Committee of our board of directors is made up of outside directors and oversees all company political activity, including political expenditures, corporate political contributions, major trade association memberships and more. This board would also approve independent political expenditures if General Mills made any, though we have never done so.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023