Global branded food company completes 2020 goal set and establishes new targets
Submitted by Hormel Foods Corporation
AUSTIN, Minn., September 22, 2021 /CSRwire/ - Hormel Foods Corporation (NYSE: HRL) today announced the launch of its 15th annual corporate responsibility (CR) report. The report, available online at https://csr.hormelfoods.com/, contains in-depth information about the company’s CR progress in fiscal 2020. In addition, the company has launched a new set of CR goals to guide its programs through 2030.
“Our commitment to making the world in which we live a better place has never wavered. We’re proud that we surpassed our 2020 nonrenewable energy use, water use, solid waste sent to landfills and product packaging reduction goals, and achieved our goal to deliver 15 percent of sales from innovative new items,” said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. “We’re also excited for the next chapter of our journey — our 20 By 30 Challenge. Our future corporate responsibility reports will provide updates on our progress in achieving these important commitments.”
For the 12th year in a row, Hormel Foods was named one of the 100 Best Corporate Citizens by 3BL Media in 2020. The company was also named one of America’s Most Responsible Companies by Newsweek, one of the 50 Best Companies to Sell For by Selling Power magazine and a Best for Vets Employer by Military Times, among numerous other accolades.
As part of Our Food Journey™, Hormel Foods is committed to producing food responsibly for customers and consumers by investing in its people and partners; improving communities and the world; and creating products that improve the lives of others.
Additional highlights of the company’s progress in 2020 include:
“Thanks to the incredible effort and dedication of our team members, partners and suppliers, we continue to achieve outstanding results,” Snee said. “We look forward to working together to advance our efforts even more through our 20 By 30 Challenge.”
The 2020 Hormel Foods Corporate Responsibility Report follows the Global Reporting Initiative’s standards and is developed in accordance with the core option. The report is designed to allow stakeholders to easily view top-line highlights.
To view the entire report, please visit https://csr.hormelfoods.com/. A downloadable PDF will be available in the near future.
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 more than 80 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly®, Hormel® Black Label®, Columbus® 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 on the “Global 2000 World’s Best Employers” list by Forbes magazine for three years, is one of Fortune magazine’s most admired companies, has appeared on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” list for 12 years, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.
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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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