Jacob Madisson is wondering how General Mills will make it to its goal of sourcing 100% sustainable cocoa by 2020. Demand is increasing and some are wondering if the supply of the precious raw material will dry up. Prices will certainly increase, nevertheless. With only 10% of its African-based cocoa sourced sustainably, General Mills needs a new strategy. How will the company move forward?
General Mills Commits to Sourcing 100% Sustainable Cocoa
by: Andrew Hoffman
Publication Date: February 25, 2016
Length: 16 pages
Product ID#: 1-430-483
Core Disciplines: International Business, Social Impact, Strategy & Management, Sustainability
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Description
Teaching Objectives
After reading and discussing the material, students should:
- Identify the prospects and challenges of sustainable sourcing of raw ingredients from international markets.
- Explore future actions and responsibilities for accomplishing sustainability objectives.
- Explain the role of business in implementing sustainable sourcing goals.
- Generalize the learnings of this case to other business challenges and decisions in organizations other than the one analyzed in this case study.