Hormel Foods Corp 2023 SR
The report outlines Hormel Foods' progress toward its 20 By 30 Challenge, focusing on five pillars: products, supply chain, environment, people, and community. Key highlights include the approval of science-based targets by SBTi and achieving the lowest recordable incident rate in company history. The company also reported $12.5 million in charitable donations and matched 85% of its global electricity with renewable sources. Additionally, Hormel Foods launched the Transform & Modernize initiative to drive long-term profitable growth while deepening its positive global impact.
Company: Hormel Foods Corp
Sector: Consumer Staples
Country: United States
Year: 2023
Type: SR
Pages: 112
Hormel Foods Corp
Global Impact Report
The report outlines Hormel Foods' progress toward its 20 By 30 Challenge, focusing on five pillars: products, supply chain, environment, people, and community. Key highlights include the approval of science-based targets by SBTi and achieving the lowest recordable incident rate in company history. The company also reported $12.5 million in charitable donations and matched 85% of its global electricity with renewable sources. Additionally, Hormel Foods launched the Transform & Modernize initiative to drive long-term profitable growth while deepening its positive global impact.
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Document Details
Report Year
2023
Reporting Period
Oct 31, 2022 - Oct 29, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees