Hormel Foods Corporation announced that it was ranked No. 16 on the 19th annual Corporate Responsibility (CR) Magazine 100 Best Corporate Citizens List. This is the 10th consecutive year the company has been on the list and the fourth time the company has been in the top 20. The roster recognizes the standout environmental, social and governance (ESG) performance of public companies across the U.S.
“We are honored to be recognized, once again, as one of the 100 Best Corporate Citizens,” said Jim Snee, chairman of the board, president and chief executive officer. “This recognition is a tribute to the efforts of our 20,000 inspired team members who are committed to making the world a better place. At Hormel Foods, we know that building corporate social value and creating economic value do not have to be competing goals. We will continue our focus on being a great corporate citizen because it is simply the right thing to do.”
The 100 Best Corporate Citizens List documents 260 ESG data points of disclosure and performance measures – harvested from publicly available information in seven categories: environment, climate change, employee relations, human rights, governance, finance, and philanthropy and community support. The list ranks the Russell 1000 Index.
“CR Magazine is proud to present the only ESG ranking list that doesn’t rely on self-reporting,” said Dave Armon, publisher of CR Magazine. “Each year, the 100 Best Corporate Citizens ranking measures the success of the brands taking stands movement by celebrating the most successful, most transparent companies that report on their responsible practices. We congratulate those honored on this year’s list for their commitment to corporate responsibility.”
To view the full 100 Best Corporate Citizens List visit http://www.3blassociation.com/insights/corporate-responsibility-magazine-announces-2018-100-best-corporate-citizens.
Hormel also announced that it has been recognized for the sixth consecutive year on the Military Times Best for Vets Employers list. The company ranked No. 75 on the list, which evaluates many factors that make a company a good fit for military veterans.
“At Hormel Foods, we are grateful for those who serve and have served our country,” said Janet Hogan, senior vice president of human resources at Hormel Foods. “We are extremely proud to be a great workplace for those who have done so much for all of us, and to be recognized for our efforts for the sixth year in a row.”
In addition to this recognition, Hormel Foods recently received a Beyond the Yellow Ribbon award from the Minnesota Department of Military Affairs for its long tradition of supporting American troops, both in peacetime and war.
Hormel Foods actively recruits veterans and service members each year. In addition, the company has an employee resource group that provides assistance to former and current military members and their families as they integrate into the company’s culture, while providing a platform for continued camaraderie throughout their career.
“The companies on the Military Times Best for Vets list earned their rankings through determined efforts to recruit and support service members, veterans and military families,” said George Altman, the Military Times editor in charge of the rankings. “These efforts deserve recognition from the country and should get the attention of veterans looking for a new career.”
To view the complete Best for Vets list, visit http://rebootcamp.militarytimes.com.
Source: Hormel Foods Corp.