CHAPTER 3

Doing More with Less

Part I: How ConAgra Sets the Table for Climate Resilience

Like other big food producers, ConAgra has come under mounting financial pressure, as Americans increasingly consume less processed food. And, like other major brand favorites, including Kraft and Heinz, which merged in 2015, the company has been looking to cut costs to stay competitive. So it came as little surprise that ConAgra announced plans in October 2015 to cut $300 million from its annual budget.1

Yet, even as it looked to tighten its belt, the manufacturer of brands like Chef Boyardee and Hunt’s tomato sauce also announced a plan to work with more than 250 other giants, including General Mills, Kelloggs, and Chipotle—in conjunction with the EPA and ...

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