Boston, March 21, 2024 – Kellanova, the international snack and convenience foods company formerly known as Kellogg, has become one of the first U.S. food companies to commit to conducting a comprehensive assessment of its impacts on the natural world. The industry-leading move came in response to a shareholder resolution filed by Green Century Capital Management.
“We can’t take nature for granted anymore,” said Leslie Samuelrich, president of Green Century. “Companies need to look closely at all the ways they depend on nature and take responsibility for the impact they have on our planet. We applaud Kellanova for taking this critical step.”
Kellanova’s first public report will be released in 2026 based on 2025 data.
The Natural World at Risk
The move comes as diverse groups are sounding the alarm that the natural world is in crisis. Wildlife populations have declined by an average of 69 percent since 1970, with an estimated one million plant and animal species at risk of extinction by 2050 – approximately 25 percent of all species on Earth.
In 2022, the UN Global Biodiversity Conference called on businesses to assess and disclose their dependence and impact on biodiversity and nature. The food and beverage sector is among the most reliant on nature due to its use of agricultural products and water, generating $1.4 trillion of value annually from nature.
“Businesses are part of the problem, but they can also be part of the solution,” said Andrew Shalit, a shareholder advocate at Green Century. “We are pleased to see Kellanova setting a positive example for the rest of the food industry.”