Hormel Foods Corporation (NYSE: HRL) today announced that it was ranked No. 8 on the 18th annual Corporate Responsibility (CR) Magazine 100 Best Corporate Citizens List. This is the ninth consecutive year the company has been on the list and the first time the company has been in the top 10.
“We are honored and proud to be recognized as a leading corporate citizen,” said Jim Snee, president and chief executive officer of Hormel Foods. “We are inspired to do our part in making the world a better place and continue to advance our corporate responsibility efforts every year.”
The 100 Best Corporate Citizens List documents 260 data points of disclosure and performance measures 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.
“Each year, the 100 Best Corporate Citizens List measures the success of the corporate responsibility movement by celebrating the most successful, most transparent companies who report on their responsible practices,” said Elliot Clark, chief executive officer of CR Magazine. “We congratulate those honored on this year’s list for their commitment to corporate responsibility.”
Hormel Foods publicly discloses information about its dedication to corporate responsibility each year through its corporate responsibility report and several other initiatives. The 2016 report will be released in June.
To view the full 100 Best Corporate Citizens List visit http://www.thecro.com/100-best/the-100-best-corporate-citizen/.
About Hormel Foods – Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly Guacamole®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, has been named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future - Inspired People. Inspired Food.™ - focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and http://2015csr.hormelfoods.com/.