Hormel Foods Releases 2024 Global Impact Report
Hormel Foods (NYSE:HRL) has released its 19th annual Global Impact Report for fiscal year 2024, introducing its new framework "Good Feeds Us All." The framework focuses on two main pillars: planet and society.
Under this framework, the company achieved several environmental milestones, including the elimination of 9.7 metric tons of CO2 emissions and a 5.5% reduction in water usage, saving over 73 million gallons. The company also reduced packaging materials by more than 1 million pounds through 23 projects and provided $22.6 million in cash and product donations.
The report, aligned with GRI Standards and SASB frameworks, demonstrates Hormel's commitment to sustainability, responsible sourcing, and community support, including providing free college education to 179 dependents of U.S. team members.
Hormel Foods (NYSE:HRL) ha pubblicato il suo 19° rapporto annuale Global Impact per l’esercizio 2024, presentando il nuovo quadro "Good Feeds Us All." Il quadro si concentra su due pilastri principali: pianeta e società.
Sotto questo quadro l’azienda ha raggiunto diversi traguardi ambientali, tra cui l’eliminazione di 9,7 tonnellate metriche di CO2 e una riduzione del 5,5% nel consumo di acqua, risparmiando oltre 73 milioni di galloni. L’azienda ha anche ridotto i materiali di imballaggio di oltre 1 milione di libbre attraverso 23 progetti e fornito donazioni in contanti e in prodotti per 22,6 milioni di dollari.
Il rapporto, allineato agli standard GRI e ai framework SASB, dimostra l’impegno di Hormel per la sostenibilità, l’approvvigionamento responsabile e il sostegno alla comunità, inclusa l’offerta di istruzione universitaria gratuita per 179 familiari di dipendenti statunitensi.
Hormel Foods (NYSE:HRL) ha publicado su 19º Informe Global de Impacto para el año fiscal 2024, presentando su nuevo marco "Good Feeds Us All." El marco se centra en dos pilares principales: planeta y sociedad.
Bajo este marco, la empresa alcanzó varios hitos ambientales, incluyendo la eliminación de 9,7 métricas toneladas de CO2 y una reducción del 5,5% en el consumo de agua, ahorrando más de 73 millones de galones. La empresa también redujo materiales de embalaje en más de 1 millón de libras a través de 23 proyectos y proporcionó donaciones en efectivo y en productos por 22,6 millones de dólares.
El informe, alineado con las normas GRI y los marcos SASB, demuestra el compromiso de Hormel con la sostenibilidad, la adquisición responsable y el apoyo a la comunidad, incluido ofrecer educación universitaria gratuita a 179 familiares de miembros del equipo en EE. UU.
Hormel Foods (NYSE:HRL)는 2024 회계연도에 대한 제19차 글로벌 임팩트 리포트를 발표하며 새로운 프레임워크 "Good Feeds Us All"를 소개했습니다. 이 프레임워크는 지구와 사회의 두 가지 축에 초점을 둡니다.
이 프레이크 아래 회사는 환경 측면에서 여러 이정표를 달성했으며, CO2 배출 9.7메트릭톤의 제거 및 수자원 사용량 5.5% 감소를 포함해 7,300만갤런 이상을 절감했습니다. 또한 23개 프로젝트를 통해 포장재를 100만 파운드 이상 줄였고 2,260만 달러의 현금 및 제품 기부를 제공했습니다.
GRI 표준 및 SASB 프레임워크에 부합하는 이 보고서는 Hormel의 지속 가능성, 책임 있는 조달, 커뮤니티 지원에 대한 약속을 보여주며, 미국 직원 가족 약 179명에게 무료 대학 교육을 제공하는 내용을 포함합니다.
Hormel Foods (NYSE:HRL) a publié son 19e Rapport Global Impact pour l’exercice 2024, en présentant son nouveau cadre "Good Feeds Us All." Le cadre se concentre sur deux piliers principaux: la planète et la société.
Sous ce cadre, l’entreprise a atteint plusieurs jalons environnementaux, notamment l’élimination de 9,7 tonnes métriques de CO2 et une réduction de 5,5 % de la consommation d’eau, permettant d’économiser plus de 73 millions de gallons. L’entreprise a également réduit les matériaux d’emballage de plus d’un million de livres à travers 23 projets et a accordé des dons en espèces et en produits pour 22,6 millions de dollars.
Le rapport, aligné sur les normes GRI et les cadres SASB, démontre l’engagement de Hormel en matière de durabilité, d’approvisionnement responsable et de soutien communautaire, y compris l’octroi d’une éducation universitaire gratuite à 179 personnes à charge de membres d’équipe américains.
Hormel Foods (NYSE:HRL) hat seinen 19. Global Impact Report für das Geschäftsjahr 2024 veröffentlicht und dabei das neue Rahmenwerk "Good Feeds Us All" vorgestellt. Das Rahmenwerk konzentriert sich auf zwei Hauptsäulen: Planet und Gesellschaft.
Im Rahmen dieses Rahmens erreichte das Unternehmen mehrere Umweltmeilensteine, darunter die Beseitigung von 9,7 Tonnen CO2-Emissionen und eine Reduktion des Wasserverbrauchs um 5,5%, was über 73 Millionen Gallonen einspart. Das Unternehmen reduierte außerdem Verpackungsmaterialien um mehr als 1 Million Pfund durch 23 Projekte und leistete 22,6 Millionen US-Dollar in bar- und Produktspenden.
Der Bericht, der sich an GRI-Standards und SASB-Standards orientiert, zeigt Hormels Engagement für Nachhaltigkeit, verantwortungsvolle Beschaffung und Unterstützung der Gemeinschaft, einschließlich der Bereitstellung von kostenlosem Hochschulunterricht für 179 Angehörige US-amerikanischer Mitarbeitender.
Hormel Foods (NYSE:HRL) أصدرت تقرير التأثير العالمي التاسع عشر للسنة المالية 2024، مقدمة إطارها الجديد "Good Feeds Us All." يركّز الإطار على عمودين رئيسيين: الكوكب والمجتمع.
تحت هذا الإطار، حقّقت الشركة عدة إنجازات بيئية، بما في ذلك إزالة 9.7 أطنان مترية من انبعاثات CO2 و خفض استهلاك المياه بنسبة 5.5%، موفّرة أكثر من 73 مليون جالون. كما قلّلت الشركة مواد التغليف بنحو أكثر من مليون باوند من خلال 23 مشروعًا وقدمت تبرعات نقدية ومنتجات بقيمة 22.6 مليون دولار.
التقرير، المتوافق مع معايير GRI وأطر SASB، يبرز التزام Hormel بالاستدامة والشراء المسؤول ودعم المجتمع، بما في ذلك توفير تعليم جامعي مجاني لـ 179 من المعالين لأعضاء الفريق الأميركيين.
Hormel Foods (NYSE:HRL) 已发布其2024财年的第19份全球影响力报告，推出新框架“Good Feeds Us All”。该框架聚焦于两个支柱：地球和社会。
在该框架下，公司实现了若干环境里程碑，包括CO2排放减少9.7公吨和用水量减少5.5%，节省超过7300万加仑。公司还通过23个项目将包装材料减少超过100万磅，并提供了2260万美元的现金及产品捐赠。
该报告与GRI标准及SASB框架保持一致，展现 Hormel 对可持续性、负责任采购和社区支持的承诺，包括为美国员工家庭的179名受抚养人提供免费大学教育。
- Eliminated 9.7 metric tons of carbon dioxide emissions
- Reduced water usage by 5.5% year-over-year, saving 73 million gallons
- Reduced packaging materials by over 1 million pounds through 23 projects
- Contributed $22.6 million in cash and product donations
- None.
19th annual report highlights global impact progress through newly adopted framework
"Good Feeds Us All evolved naturally and purposefully from our earlier 20 By 30 Challenge," said Katie Clark, senior vice president and chief communications officer at Hormel Foods. "The 20 By 30 Challenge cast a wide net, which was reflective of where we were in our global impact journey at the time. Good Feeds Us All is now allowing us to organize and streamline our company's global impact work under two interconnected pillars — planet and society — reflecting the ecosystems and people our business depends on every day."
The framework articulates the company's global impact initiatives, and powers meaningful action by:
- Reaffirming the company's commitment to reducing greenhouse gas emissions within our operational boundary
- Conveying a clearer focus on responsible sourcing across the entire supply chain
- Enhancing objectives around consumers and product quality, ensuring delivery of trusted, high-quality food
- Outlining new initiatives to strengthen communities across the globe
"Hormel Foods has always been guided by a strong sense of purpose," said Jeff Ettinger, interim chief executive officer for Hormel Foods. "Good Feeds Us All is one way we put that purpose into practice, bringing clarity to our global impact efforts. It demonstrates how our values shape the way we work and shows how we continue to evolve with the world around us, while staying true to the principles that have long defined us."
"Today's release of our Global Impact Report reflects our continued focus on what matters most, which includes supporting our team members and communities, advancing responsible practices across our supply chain and continuing to deliver trusted, high-quality food. We are committed to being stewards of good, because Good Feeds Us All," said John Ghingo, president, Hormel Foods.
Among the company's many notable accomplishments in 2024 are:
- Eliminating 9.7 metric tons of carbon dioxide emissions
- Saving more than 73 million gallons of water and reducing water usage by
5.5% compared to the previous year - Completing 23 packaging projects in the
U.S. supply chain, reducing materials by more than 1 million pounds - Contributing more than
$22.6 million - Providing a free college education and related support services to 179 dependents of
U.S. team members
To read about the organization's momentum, initiatives and philosophy, explore the full 2024 Global Impact Report here.
The 2024 Global Impact Report has been published under the direction of the Hormel Foods Global Impact Executive Council. Projects and initiatives featured in the report include information about efforts by Hormel Foods that support the select UN SDGs. The company has utilized Global Reporting Initiative (GRI) Standards and Sustainability Accounting Standards Board (SASB) Processed Foods and Meat, Poultry & Dairy Standards to inform reporting practices.
About Hormel Foods — Inspired People. Inspired Food.™
Hormel Foods Corporation (NYSE: HRL), based in
Contact: | Media Relations |
Hormel Foods | |
View original content to download multimedia:https://www.prnewswire.com/news-releases/hormel-foods-releases-2024-global-impact-report-302558303.html
SOURCE Hormel Foods Corporation
FAQ
What are the key achievements in Hormel Foods' 2024 Global Impact Report?
What is Hormel Foods' new sustainability framework called?
How many dependents of Hormel Foods employees received free college education in 2024?
What environmental improvements did Hormel Foods (HRL) achieve in 2024?
Which reporting standards does Hormel Foods use for its Global Impact Report?
