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2018 Report
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Jim Snee

We are proud of the progress we have made as a leading corporate citizen in our industry and are excited to share our 13th annual report with you.

Welcome, and thank you for visiting the 2018 Hormel Foods Corporate Responsibility Report. At Hormel Foods, we know that building social value and creating economic value are not competing goals, and we are inspired to do our part in making the world a better place. In fact, we continue to be recognized for our efforts. We were honored to once again be named as one of the 100 Best Corporate Citizens by Corporate Responsibility Magazine. In addition, we were named one of the World’s Best Employers by Forbes, a Best for Vets Employer by Military Times, and received a Global Impact Award from Convoy of Hope for our in-kind donations.

As part of Our Food Journey, we aim to produce food responsibly for customers and consumers around the world by:

· Investing in our people and partners;

· Improving communities around the world; and

· Creating products that improve the lives of others.

I’m pleased to share the following 2018 highlights in these areas:

  • Surpassed Goals

    Our Goals

    After surpassing our goal to reduce solid waste sent to landfills and water use by 10 percent by 2020, we continued to implement projects to achieve further reductions. We are pleased to report that we surpassed our nonrenewable energy use reduction goal in 2018. We remain on track to achieve our goal to reduce product packaging by 25 million pounds by 2020, and we expect to meet our greenhouse gas emissions reduction goal in 2020 as we work with our partners to bring a 74 MW renewable wind field online.

  • Water

    Water Stewardship

    In addition to reducing water use by 61 million gallons, we helped launch the Cedar River Watershed Partnership – a public-private partnership aimed at improving water quality in this watershed within our supply chain. The partnership held several events for farmers in 2018 and helps farmers in the watershed in southern Minnesota become certified through the Minnesota Agricultural Water Quality Certification Program.

  • Antibiotic Stewardship

    Animal Care And Antibiotic Stewardship

    To ensure the accountability of our high standards for animal care throughout our supply chain, more than 2,000 audits were conducted. In calendar year 2018, Hormel Foods along with other food companies, retailers, livestock producers and trade and professional associations, announced a comprehensive framework to strengthen stewardship of antibiotic use in food animals. The framework was part of a two-year dialogue with stakeholders, moderated by the Farm Foundation and Pew Charitable Trusts, to ensure that antibiotics are used judiciously throughout production to protect animal and public health.

  • Sodium Redection

    Sodium Reduction And Clean-Label Initiative Efforts

    We launched over 600 new retail and foodservice items, with many targeted toward our sodium reduction and clean-label initiative efforts.

  • Diversity

    Inclusion, Diversity And Employee Safety

    Our inspired employees are the cornerstone of our company. We continue to place great emphasis on our inclusion and diversity efforts and have nine employee resource groups in place. We also continue to put the safety of our employees first by focusing on training, audits and improving our safety performance year over year.

  • Charitable Giving

    Charitable Giving

    We donated $15 million in cash and products. This includes $7.2 million in hunger donations, our donation of 2.5 million cans of SPAMMY® (a shelf-stable poultry product to help prevent childhood malnutrition in Guatemala), and more than $967,000 in education donations.

I would like to thank all of our team members as well as our partners and suppliers, as it takes everyone working together to achieve these outstanding results. And while we celebrate these achievements, we realize there is more to accomplish on this journey.

Please read more about our progress in this online report. As always, I encourage you to email sustainability@hormel.com to share any feedback you may have about our report or our corporate responsibility efforts.

Thank you,

Jim Snee

Jim Snee
Chairman of the Board, President and Chief Executive Officer