Below is the information acquired on HORMEL FOODS CORP, which is not yet included in our research perimeter.

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Last update 31 March 2022

Description of economic activities

Processing and preserving of meat (NACE2 1011)

This multinational manufacturer and marketer of consumer-branded meat and food products, many of which are among the best known and trusted in the food industry. It enjoys a strong reputation among consumers, retail grocers, and foodservice and industrial customers. It was established in 1891 as Geo. A. Hormel & Company in Austin, United States, by George A. Hormel.Products manufactured by the company include hams, bacon, sausages, franks, canned luncheon meats, stews, chilies, hash, meat spreads, shelf-stable microwaveable entrees, salsas and frozen processed foods. These selections are sold to retail, foodservice and wholesale operations under many well-established trademarks, including Always Tender, Black Label, Carapelli, Cure 81, Curemaster, Di Lusso, Dinty Moore, Dubuque, and Hormel.It sells products in all 50 U.S states through a direct sales force assigned to offices in major cities throughout this country. Their efforts are supported by sales brokers and distributors.The head office of the company is located in Austin, along with its research and development division and flagship plant. Its facilities that manufacture meat and food products are located in Algona, Knoxville, and Osceola, Iowa; Atlanta, Georgia; Aurora and Rochelle, Illinois; Beloit, Wisconsin; Fremont, Nebraska; Stockton, California; and Wichita, Kansas. Custom manufacturing of selected company's products is performed by various companies that adhere to stringent corporate guidelines and quality standards.Hormel Foods International Corporation (HFIC), a wholly owned subsidiary of Hormel Foods, is a leader in worldwide distribution of food products, serving the consumer and food industry. This subsidiary has established numerous joint venture and license agreements internationally, including Australia, China, Denmark, England, Japan, Korea, Mexico, Panama, the Philippines, Spain, and other countries. HFIC exports products to more than forty countries.The company is owned by approximately 11,200 shareholders. Its shares are traded on the New York Stock Exchange.

  • HORMEL FOODS CORP

  • United States of America (US)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Mr James Patrick Snee
  • CEO Total remuneration: 8.550.861,394
  • Website: www.hormelfoods.com

Financial data

Number of employees

20,000
19,100
18,800
20,100

Revenue 1

10
8
9
8

EBIT 1

923
910
1
990

EBITDA 1

1
1
1
1

1 numbers are in millions

  • RepRisk Indicator (last month):  21

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

  • Global Compact: N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines: N/A
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4:
  • Link to GRI-G4 Report: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Policies

  • Training policy:
  • Policy to protect the right to health and safety in the workplaces where the company operates:
  • Policy to protect the right to health and safety in the workplaces in the supply chain:
  • Diversity policy:

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions