About this Report

About This Report

As a multinational manufacturer and marketer of high-quality, brand-name food and meat products, we aim to “Elevate the Everyday, Our Way.” Our Way is our values platform, which guides every employee’s actions and helps keep integrity at the core of our operations.

The 2011 Hormel Foods Corporate Responsibility Report provides information useful to our stakeholders, including customers, employees, consumers, investors, communities, government agencies and non-profit organizations. It covers anecdotal and benchmark data from fiscal year 2011 (November 2010 to October 2011), unless otherwise noted. Our previous reports covered fiscal years 2006 to 2010.

Boundary and Measurement

The boundary of the report includes all entities that Hormel Foods “exercises control or significant influence with regard to financial and operating policies and practices,” as defined by the Global Reporting Initiative’s (GRI) Boundary Protocol, unless otherwise indicated. Water use, greenhouse gas (GHG) emissions and energy use data are from 41 U.S. manufacturing facilities and three corporate offices. Employee data is from 44 facilities, which include all U.S. manufacturing locations and corporate and Research and Development offices, but not international operations.

At the end of fiscal year 2010, our 50-50 joint venture MegaMex Foods LLC completed the acquisition of Don Miguel Foods. In fiscal year 2011, MegaMex Foods also acquired 100 percent of Fresherized Foods, producers of Wholly Guacamole®, Wholly Salsa® and Wholly Queso® products. Measurement processes are not yet in place for these new companies, so this report does not include employee or environmental data from these acquisitions. We are working to determine our ability to incorporate them into our corporate responsibility reporting in the future.

Our numerous suppliers, who are independent businesses, provide us with packaging materials, ingredients, transportation and animals for our operations. We do not publicly report on their performance because of the sheer breadth and variety of suppliers and because they operate as independent businesses. Both suppliers and joint ventures are required to follow government standards and are closely monitored by governmental regulatory agencies. Where applicable, we discuss these government standards in this report. For suppliers, we have established the Hormel Foods Supplier Responsibility Principles, a set of guidelines and expectations that we ask our suppliers to follow. For the independent family farmers who supply a majority of our hogs, we require producers and producers’ employees who work with animals to participate in industry training and education programs. Read more about these efforts in the Animal Care section of this report.

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