Hormel Foods Corporation Email Newsletter: Our Food Journey™ Newsletter (April 17, 2024)

Our Food Journey™ Newsletter

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Issue 8: December, 2023

In this issue:

2022 Global Impact Report Highlights
2022 Awards and Recognition

Guided by Our Food Journey™, our Global Impact Report provides an overview of our company’s ESG strategy, goals and results.

Download The Full Report [PDF]

2022 Report Highlights

Inspired to Make a Difference

Hormel Foods has consistently demonstrated its leadership as a corporate citizen, setting an exemplary standard for responsible and impactful business practices.

Our Planet

We reduced packaging materials by more than 1.5 million pounds, submitted our SBTs for validation in 2022 and executed a series of sustainability projects and efforts to continuously improve our environmental footprint and management strategies.

Matching 100% of our domestic energy use in fiscal 2022 with renewable sourcing
110K+ gigajoules of energy saved
13.3K metric tons of carbon dioxide equivalent (CO2e) avoided
93MM+ gallons of water saved
751 tons of solid waste to landfill reduced
1.5MM+ pounds of packaging materials saved

Our People

As one of the most trusted food companies in the world, we maintain an unwavering commitment to empower, support and inspire our people to make a difference and drive continuous excellence in their roles within our company and throughout the food industry. Our team members are the cornerstone of our successes and help to fulfill our purpose of Inspired People. Inspired Food™.

49% team members with 5+ years of service
58 hours of training per team member (avg.)
Provided free two-year college education to 177 students through our Inspired Pathways program

Our Communities

We remain inspired to help others and build a thriving future for all. From cash and product donations to educational support and volunteer activities, we continually look for ways to do our part in making the world a better place.

496K cans of SPAMMY® donated
$345K to 42 local charities in our production communities
$862K+ educational support
$11.4MM contributed in cash and products
$9.3MM hunger-relief donations

Our Supply Chain

Our purchasing spend with diverse businesses was over $1.5 billion across Tier 1 and Tier 2 suppliers in calendar year 2022. Our supply chain management efforts are focused on ensuring the quality and safety of ingredients, and supporting the health and lives of animals and farmers in our value chain.

100% of our sourced palm oil is RSPO-certified sustainable palm oil
Zero noncompliance incidents of hog and turkey processing practices
2,800 audits to ensure our animal care standards are being met

Our Products

We launched more than 400 new items in 2022, including specially designed items for the underserved patient community and an expansion of our plant-based product portfolio to support food justice, security and accessibility for all.

9 clean-label projects completed
7 product awards received
13% of sales from innovative new items

Download The Report Highlights [PDF]

2022 Awards and Recognition

We are proud to be recognized for our efforts in supporting our consumers, team members, and the communities we serve and work with. A few of the external recognitions we received in 2022:

Newsweek America’s Most Trustworthy Companies
Newsweek America’s Most Responsible Companies
Investor’s Business Daily (IBD) Annual Report of the 100 Best ESG Companies
3BL Media’s 100 Best Corporate Citizens
Progressive Grocer Category Captain Award
3BL Media’s Responsible CEO of the Year
No. 61 on the U.S. Environmental Protection Agency’s (EPA’s) Green Power Partnership Fortune 500® Partners List
Military Times Best for Vets Employer

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Contact Our Team

Are you interested in additional information or do you have any questions or suggestions about our efforts, goals or programs?

Email: [email protected]