On Track to Meet or Exceed all 2020 Goals
Submitted by Hormel Foods Corporation
Hormel Foods Corporation (NYSE: HRL) today announced the release of its 2013 Hormel Foods Corporate Responsibility Report, available online at www.hormelfoods.com/csr. This is the eighth corporate responsibility report for Hormel Foods, which includes information on the company’s second set of environmental goals that span from 2012 – 2020 using 2011 as a benchmark. The report is self-declared Application Level B as confirmed by the Global Reporting Initiative (GRI).
The annual report focuses on the company’s commitment to being a responsible food manufacturer. Highlighted performance and initiatives throughout 2013 include:
“We are proud of our results and are excited to share the progress we have made in key areas,” said Jeffrey M. Ettinger, chairman of the board, president and chief executive officer. “We are on track to meet or exceed all of our 2020 goals, and made significant strides throughout the past year. Our stakeholders can be assured that we will continue our corporate responsibility efforts in concert with our internal principles platform, Our Way, which helps to emphasize corporate responsibility in the fabric and strategy of our business.”
The Hormel Foods 2013 Corporate Responsibility Report has a refreshed design and features infographics for each area of focus so stakeholders can easily see top-line highlights. In addition to the online version, the report is also available as a fully downloadable PDF.
In alignment with the company’s commitment to philanthropy and in honor of the launch of the eighth annual report, Hormel Foods will feature an online trivia sweepstakes. For every person who engages in the sweepstakes or tweets about the release of the 2013 Hormel Foods Corporate Responsibility Report using the hashtag #HormelCR, the company will donate $8 to Feeding America (up to $5,000). Feeding America is the nation's leading domestic hunger-relief charity.
Hormel Foods plans to continue reporting on its environmental and social performance annually. The company’s next report will be in accordance with the GRI G4 guidelines and will be released in May 2015 for data spanning from November 2013 to October 2014.
About Hormel Foods
Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring branded, value-added products to the global marketplace. The company is a member of the Standard & Poor's (S&P) 500 Index, S&P Dividend Aristocrats for 2013, was named the 2013 Sustainable Supply Chain of the Year by Refrigerated & Frozen Foods magazine, and was again named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the sixth year in a row. Hormel Foods was recognized on the G.I. Jobs magazine list of America’s Top 100 Military Friendly Employers in 2012 and 2013, and named one of the 2014 40 Best Companies for Leaders by Chief Executive magazine. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit www.hormelfoods.com.
About Hormel Foods – Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly Guacamole®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the ninth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future - Inspired People. Inspired Food.™ - focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and https://csr.hormelfoods.com/.
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