Canned meat products
Established in USA in 1891 by George A. Hormel. 46% owned by the Hormel Foundation, a charitable trust formed during WWII.
|Hormel Foods Corporation||USA||website|
|Hormel Foods Corporation|
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B-.
Source: CDP (2020)
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of B-.
Source: CDP (2020)
The 2020 Business Benchmark on Farm Animal Welfare (BBFAW) report ranks global food companies on how they are managing and reporting their farm animal welfare policies and practices. This company appeared in tier 3, "Established but work to be done", with tier 1 being the best, and tier 6 the worst.
Source: BBFAW (2020)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2021 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 244th of 928 companies, and 10th of 35 Food, Beverage & Tobacco companies.
Source: JUST Capital (2020)
As You Sow's 2021 Corporate Plastic Pollution Scorecard ranks companies on plastic packaging pollution. The study measures the progress of 50 large companies in the beverage, quick-service restaurant, consumer packaged goods, and retail sectors on six core pillars where swift action is needed to reduce plastic pollution: 1) Packaging Design, 2) Reusable Packaging, 3) Recycled Content, 4) Public Data Transparency, 5) Support for Recycling, and 6) Producer Responsibility. This company received a grade of F
Source: As You Sow (2021)
The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 10-20 band range. The overall average score was a disappointing 24%.
Source: CHRB (2019)
In 2020/21 KnowTheChain benchmarked over 180 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 12/100.
Source: KnowTheChain (2021)
This company received a score of 37.8/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This company received a score of 26%.
Source: Forest 500 (2020)
This company received a score of 11/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020)
This company received an S&P Global ESG Score of 27/100 in the Food Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021)
EWG's 2015 report "BPA in Canned Food" analyzed 252 canned food brands to find out which ones are still using BPA (bisphenol A), a synthetic estrogen found in the epoxy coatings of food cans which has been linked to many health problems. This company was amongst the 'Worst Players' for exclusively using cans with BPA.
Source: Environmental Working Group (2015)
Hormel supplier caught abusing mother pigs and piglets - For more than three months, PETA US went undercover at an Iowa pig factory farm, which supplies piglets who are raised and killed for Hormel products. They found rampant cruelty to animals - committed by workers and supervisors.
Source: PeTA (2008)
This company has products rated RED in the Centre for Food Safety's True Food Shopper's Guide (USA). Products on the RED list contain ingredients that come from the most common GE crops (corn, soy, canola, cotton). Companies with products on this list have confirmed that their products may have or are likely to be made with GE ingredients, or have not denied using GE foods when given the opportunity to do so.
Source: Center for Food Safety USA (2018)
In 2019 the median pay for a worker at this company was US$45,086. The CEO was paid 185 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2020)
ethicalshopping.com recommends avoiding Hormel products, due to repeated criticism for its opposition to strict federal guidelines and regulations of the meat and poultry industry. Hormel is a powerful member within the American Meat Institute (AMI), which has consistently opposed strict federal regulation of the meat industry. Even after outbreaks of mad cow disease, AMI has opposed restrictions on how beef is raised, fed, and slaughtered in order to protect consumers. Hormel is a notorious union-buster.
Source: Ethical Shopping (2007)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
In 2012 this company announced that it will eliminate gestation crates - small cages used to confine breeding pigs - from all company-owned facilities by 2017. The announcement was made the same day that the Humane Society US released new undercover video footage of gestation crates.
Source: Humane Society of the US (2012)
This company is a member of How2Recycle. The How2Recycle Label is a voluntary, standardized labeling system that clearly communicates recycling instructions to the public. It involves a coalition of forward thinking brands who want their packaging to be recycled and are empowering consumers through smart packaging labels. Companies must be a member of the program to use the How2Recycle Label.
Source: How2Recycle (2020)
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests Score of C.
Source: CDP (2020)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: Modern Slavery Registry (2016)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)
The Coller FAIRR Protein Producer Index is a comprehensive assessment of how this sector is managing critical sustainability risks factors: GHGs; deforestation and biodiversity; water scarcity; water pollution; antibiotics; animal welfare; working conditions; food safety. This company was rated as medium risk.
Source: FAIRR (2019)
The 2021 Food and Agriculture Benchmark assessed 350 keystone companies across the entirety of the food system, from farm to fork. It covers three dimensions where transformation is needed: nutrition, environment and social inclusion. This company ranked #62/350, with a total score of 34.3/100.
Source: World Benchmarking Alliance (2021)
|Revenue||9.6 billion USD (2020)|
|Subsidiaries||Hormel Foods Australia Pty Ltd|
|Address||Austin, Minnesota, USA|
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