Global branded food company Hormel Foods has revealed that it surpassed its product packaging reduction goal by 25 million pounds by 2020.
The data, revealed in the company’s 14th annual corporate responsibility (CR) report, contains information about its progress in fiscal 2019.
Go deeper with GlobalData
Furthermore, the report reveals that the company achieved its goals to reduce solid waste sent to landfills, water use and non-renewable energy use by 10% by 2020.
Speaking of the development, Hormel Foods chairman of the board, president and chief executive officer Jim Snee said: “As part of Our Food Journey, we focus on producing food responsibly for customers and consumers around the world by investing in our people and partners; improving communities and the world; and creating products that improve the lives of others.
“In 2019, we continued to make outstanding progress in the achievement of our corporate responsibility goals.
“The recognition we receive as a top corporate citizen is due to the incredible efforts of our inspired team, who continually looks for new ways to apply innovation to our sustainability efforts.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataBased in Austin, Minnesota US, Hormel Foods brands includes SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justin’s, Wholly, Hormel Black Label, Columbus and more than 30 other brands.
The company launched its packaging minimisation goal in the fiscal year 2012.
In addition, the company is also committed to reporting the antibiotic usage for farms in its supply chain, expected for release in January.
Hormel Foods is also planning to launch its new corporate responsibility goals this autumn.
