Hormel Foods named one of America’s Most Responsible Companies by Newsweek magazine
Hormel Foods Corporation was recently named of one America’s Most Responsible Companies by Newsweek magazine for the second year in a row. Hormel Foods was ranked No. 161 out of the top 400 companies recognized for their corporate responsibility performance.
Hormel Foods has continued to lead the food industry by putting team member safety first and supporting important causes throughout the pandemic. It has donated millions of meals to help others and supported numerous organizations with donations, including Feeding America, Conscious Alliance, Convoy of Hope and No Kid Hungry. To help restaurants and senior citizens in Austin, Minn., home to the company’s world headquarters and flagship plant, the company has purchased approximately 50,000 meals and donated them to seniors in the community.
Hormel Foods also created a first-of-its kind college tuition program for the children of its team members. Inspired Pathways was created by the company to provide a two-year college degree to the children of its team members throughout the United States.
Given its focus on environmental stewardship, Hormel Foods has committed to being powered by 50 percent renewable energy and has achieved its goals to reduce product packaging by 25 million pounds and to reduce nonrenewable energy use, water use and solid waste sent to landfills by 10 percent. The company will be announcing its new set of corporate responsibility goals in the near future.
America’s Most Responsible Companies were selected based on publicly available key performance indicators derived from corporate responsibility reports as well as an independent survey. The key performance indicators focused on company performance in the environmental, social and corporate governance areas, while the independent survey asked U.S. citizens about their perception of company activities related to corporate responsibility. The final list recognizes the top 400 most responsible companies in the United States, spanning 14 industries.