AUSTIN, Minn.--(BUSINESS WIRE)--Hormel Foods Corporation (NYSE: HRL) today announced that it has been recognized on the 17th annual Corporate Responsibility (CR) Magazine 100 Best Corporate Citizens List for the eighth consecutive year, coming in at No. 16.
“It is truly an honor to be recognized as an outstanding corporate citizen for the eighth consecutive year,” said Jeffrey M. Ettinger, chairman of the board and chief executive officer of Hormel Foods. “We continue to make significant strides in our corporate responsibility and transparency efforts each year.”
According to the magazine, the 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/community support. The list ranks the Russell 1000 index.
“Congratulations to those honored on this year’s 100 Best Corporate Citizens List for their commitment to corporate responsibility,” said Elliot Clark, chief executive officer of CR Magazine and SharedXpertise. “This annual list is the only ranking that doesn’t rely on self-reporting. Each year, we measure the most transparent companies who report on their responsible practices. Our goal is to advance corporate accountability and responsibility.”
Hormel Foods publicly discloses information about its dedication to corporate responsibility each year through its corporate responsibility report and several other initiatives. The 2015 report will be released in June.
To view the full 100 Best Corporate Citizens List visit http://www.thecro.com.
About Hormel Foods
Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. Hormel Foods, which leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring branded, value-added products to the global marketplace, will celebrate its 125th anniversary in 2016. The company is a member of the Standard & Poor's (S&P) 500 Index, S&P 500 Dividend Aristocrats, and was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the eighth year in a row. Hormel Foods also received a perfect score on the 2016 Human Rights Campaign Foundation’s Corporate Equality Index, was recognized on the 2016 Best for Vets Employers List by Military Times, and was named one of the 2016 Best Companies for Leaders by Chief Executive magazine. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit http://www.hormelfoods.com and http://2014csr.hormelfoods.com/.