Home
/
RELIGION & LIBERTY ONLINE
/
Activist Shareholders Are Cereal Killers
Activist Shareholders Are Cereal Killers
Dec 26, 2025 10:06 PM

The 2013 proxy shareholder season is over, resolutions debated into their respective win/loss columns and reports filed. This hasn’t stopped those shareholder Godflies – the clergy, nuns and other religious on the left – from firing the first salvos for 2014 corporate battles. Among panies targeted for the initial fusillade is General Mills Inc., purveyor of such perceived market atrocities as the Cheerios breakfast cereal and Yoplait yogurt. Specifically, pany’s packaging practices and use of genetically modified organisms e under fire

Mind you, your writer has nothing against reasonably priced foods as part of a healthy, affordable breakfast. In fact, Cheerios was a “get-up-and-go” staple of this former farm boy’s life. Continuing the trend, a bag of those little grainy nuggets of morning goodness served church going well by quieting my rambunctious toddlers during innumerable Sunday masses. I do, however, rankle when so-called “religious” activists employ bad science to drive up food prices for those least able to afford it, especially families with young children.

As You Sow, a nonprofit shareholder advocacy group allied with such Godflies as the Interfaith Center on Corporate Responsibility and “social responsibility investment” firms Walden Asset Management and Trillium Asset Management presented a resolution to General Mills this past month that would have required pany to implement “extended producer responsibility” for packaging waste. Apparently, it’s incumbent upon pany to ensure cereal boxes and yogurt cups are recycled once consumers empty them.

Additionally, AYS this week announced it is pressuring General Mills on behalf of its shareholders to label foods derived from GMOs. AYS and the Green America nonprofit environmental advocacy group want General Mills to sit out the November Washington state ballot referendum that would panies label GMO foodstuffs. General Mills, based in a suburb of Minneapolis, reportedly spent $1 million to defeat a similar referendum in California in 2012.

Imagine, shareholders of pany pressuring that pany to stifle its voice in an election directly impacting its bottom line and negatively affecting the stock value of the majority of pany’s shareholders who don’t agree with AYS and Green America on the use of GMOs. General Mills Chief Executive Officer Ken Powell has surmised correctly that such labeling will frighten uneducated consumers from purchasing pany’s cereals.

As for the packaging kerfuffle, the AYS resolution reads: “BE IT RESOLVED THAT Shareholders of General Mills request that the board of directors issue a report, at reasonable cost and omitting confidential information, pany responsibility for post-consumer product packaging and a plan for developing and participating in a system that will greatly increase packaging recycling.” This resolution was introduced three years after General Mills launched a pilot program to educate consumers about recycling #5 plastic used in Yoplait yogurt packaging.

AYS quotes the U.S. Environmental Protection Agency as asserting only 15 percent of #5 plastic containers are recycled, with the remainder winding up in landfills. Why #5 plastic – also known as polypropylene – is perceived as a problem that must be solved by General Mills at its shareholders’ expense rather than by the households who purchase the product isn’t stated. Nor does AYS present any scientific evidence that use of corn, soybean and sugar beets grown from GMO seeds present health risks when federal regulators have determined them to be safe enough to use without special labeling.

But the Godflies at AYS will not be deterred. They continue to act on ill-informed impulses at the expense panies such as General Mills, its shareholders and, most important, the pocketbooks of consumers who buy their products.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Verse of the Day
  Commentary on Today's Verse   Commentary on Psalm 119:105-112   (Read Psalm 119:105-112)   The word of God directs us in our work and way, and a dark place indeed the world would be without it. The commandment is a lamp kept burning with the oil of the Spirit, as a light to direct us in the choice of our way, and the...
Verse of the Day
  Psalm 42:1 In-Context   1 In many Hebrew manuscripts Psalms 42 and 43 constitute one psalm.In Hebrew texts 42:1-11 is numbered 42:2-12.Title: Probably a literary or musical termAs the deer pants for streams of water, so my soul pants for you, my God.   2 My soul thirsts for God, for the living God. When can I go and meet with God?...
Verse of the Day
  Commentary on Today's Verse   Commentary on James 3:13-18   (Read James 3:13-18)   These verses show the difference between men's pretending to be wise, and their being really so. He who thinks well, or he who talks well, is not wise in the sense of the Scripture, if he does not live and act well. True wisdom may be know by the...
Verse of the Day
  Commentary on Today's Verse   Commentary on Daniel 6:1-5   (Read Daniel 6:1-5)   We notice to the glory of God, that though Daniel was now very old, yet he was able for business, and had continued faithful to his religion. It is for the glory of God, when those who profess religion, conduct themselves so that their most watchful enemies may find...
Verse of the Day
  Commentary on Today's Verse   Commentary on John 6:28-35   (Read John 6:28-35)   Constant exercise of faith in Christ, is the most important and difficult part of the obedience required from us, as sinners seeking salvation. When by his grace we are enabled to live a life of faith in the Son of God, holy tempers follow, and acceptable services may be...
Verse of the Day
  2 Samuel 7:22 In-Context   20 What more can David say to you? For you know your servant, Sovereign Lord.   21 For the sake of your word and according to your will, you have done this great thing and made it known to your servant.   22 How great you are, Sovereign Lord! There is no one like you, and there is...
Verse of the Day
  Commentary on Today's Verse   Commentary on 2 Thessalonians 3:1-5   (Read 2 Thessalonians 3:1-5)   Those who are far apart still may meet together at the throne of grace; and those not able to do or receive any other kindness, may in this way do and receive real and very great kindness. Enemies to the preaching of the gospel, and persecutors of...
Verse of the Day
  Commentary on Today's Verse   Commentary on Romans 6:21-23   (Read Romans 6:21-23)   The pleasure and profit of sin do not deserve to be called fruit. Sinners are but ploughing iniquity, sowing vanity, and reaping the same. Shame came into the world with sin, and is still the certain effect of it. The end of sin is death. Though the way may...
Verse of the Day
  Matthew 6:5-6 In-Context   3 But when you give to the needy, do not let your left hand know what your right hand is doing,   4 so that your giving may be in secret. Then your Father, who sees what is done in secret, will reward you.   5 And when you pray, do not be like the hypocrites, for they love...
Verse of the Day
  Isaiah 29:13-14 In-Context   11 For you this whole vision is nothing but words sealed in a scroll. And if you give the scroll to someone who can read, and say, Read this, please, they will answer, I can't; it is sealed.   12 Or if you give the scroll to someone who cannot read, and say, Read this, please, they will...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved