2011 Hormel Foods Corporate Responsibility Report and completion of
first set of five-year environmental goals announced.
AUSTIN, Minn.--(BUSINESS WIRE)--May. 16, 2012--
Hormel Foods Corporation (NYSE:HRL) today announced the release of its
2011 Hormel Foods Corporate Responsibility Report, available online at www.hormelfoods.com/csr.
This is the company’s fifth full report and the completion of the first
set of five-year environmental goals. The report is self-declared
Application Level B as confirmed by the Global Reporting Initiative.
The annual report focuses on the company’s commitment to being a
responsible food manufacturer. Highlighted performance and initiatives
throughout 2011 include Hormel Foods:
Being listed on the Dow Jones Sustainability Index for the second
consecutive year, placing the company among the world’s top 10 percent
of sustainable companies.
Achieving outstanding results from the annual Environmental
Sustainability Best of the Best competition among all Hormel Foods
locations. In 2011, the competition generated entries throughout all
business segments that resulted in the reduction of 695.2 tons of
solid waste to landfill, an increase in recycling tonnage by 27
percent and more than 40.4 million gallons of water saved collectively.
Enhancing the On Our Way to Ending Hunger program, with contributions
of more than $5 million in cash and product to aid hunger-relief
efforts in the United States and abroad.
Distributing its Supplier Responsibility Principles, which were
designed to ensure the quality of products and services received from
suppliers follows the commitment of Hormel Foods to responsible
environmental and social performance.
Expanding the number of facilities that have been certified under the
Global Food Safety Initiative-recognized food safety management
Improving performance on a number of key metrics, including:
Beating the packaging minimization goal, reducing packaging by 4.2
Beating the water reduction goal, reducing water consumption by 15
Continuing to outperform the industry average for safety rates; and
Implementing several significant capital projects designed to
reduce energy use, expecting to see results in the 2012 fiscal
year, as part of the new energy conservation goal.
"I am proud of our team for achieving outstanding results in fiscal
2011," said Jeffrey M. Ettinger, chairman of the board, president and
chief executive officer at Hormel Foods. "We will continue to
responsibly conduct business following Our Way - the Hormel Foods values
statement that defines how we operate every day in our approach to
people, process, products, performance and philanthropy."
The 2011 Hormel Foods Corporate Responsibility Report is the company’s
fourth consecutive report that can be found entirely online. Also
available is an executive summary that provides a condensed version of
the full report along with key highlights. The online report can be
accessed and the summary can be downloaded at www.hormelfoods.com/csr.
In alignment with the company’s commitment to philanthropy and in honor
of the launch of the report, Hormel Foods will feature an online
contest. For every retweet on Twitter announcing the release of the 2011
Hormel Foods Corporate Responsibility Report, the company will donate $6
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 next report will be released in May 2013 for
data spanning November 2011 to October 2012.
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 500
Index, Dow Jones Sustainability Indexes, Maplecroft Climate Innovation
Indexes, and was named one of "The 100 Best Corporate Citizens” by
Corporate Responsibility Magazine for the fourth year in a row in 2012.
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,
Source: Hormel Foods Corporation
Hormel Foods Corporation
Julie H. Craven, 507-437-5345