GRI 102: General Disclosures | ||
---|---|---|
Organizational Profile | ||
GRI Standard | Description | Location/Information |
102-1 | Name of the organization |
Hormel Foods Corporation |
102-2 | Activities, brands, products and services | |
102-3 | Location of headquarters |
Austin, Minn. |
102-4 | Location of operations | |
102-5 | Ownership and legal form | |
102-6 | Markets served | |
102-7 | Scale of the organization | |
102-8 | Information about employees and other workers | |
102-9 | Supply chain | |
102-10 | Significant changes to the organization and its supply chain | |
102-11 | Precautionary Principle or approach | |
102-12 | External initiatives | |
102-13 | Membership of associations | |
Strategy | ||
GRI Standard | Description | Location/Information |
102-14 | Statement from senior decision-maker | |
102-15 | Key impacts, risks and opportunities | |
Ethics and Integrity | ||
GRI Standard | Description | Location/Information |
102-16 | Values, principles, standards and norms of behavior | |
102-17 | Mechanisms for advice and concerns about ethics | |
Governance | ||
GRI Standard | Description | Location/Information |
102-18 | Governance structure | |
102-19 | Delegating authority | |
102-20 | Executive-level responsibility for economic, environmental and social topics | |
102-21 | Consulting stakeholders on economic, environmental and social topics | |
102-22 | Composition of the highest governance body and its committees | |
102-23 | Chair of the highest governance body | |
102-24 | Nominating and selecting the highest governance body | |
102-25 | Conflicts of interest | |
102-26 | Role of highest governance body in setting purpose, values and strategy | |
102-28 | Evaluating the highest governance body’s performance | |
102-29 | Identifying and managing economic, environmental and social impacts | |
102-30 | Effectiveness of risk management process | |
102-31 | Review of economic, environmental and social topics | |
102-32 | Highest governance body’s role in sustainability reporting | |
102-33 | Communicating critical concerns | |
102-35 | Remuneration policies | |
102-36 | Process for determining remuneration | |
102-37 | Stakeholder involvement in remuneration | |
Stakeholder Engagement | ||
GRI Standard | Description | Location/Information |
102-40 | List of stakeholder groups | |
102-41 | Collective bargaining agreements | |
102-42 | Identifying and selecting stakeholders | |
102-43 | Approach to stakeholder engagement | |
102-44 | Key topics and concerns raised | |
Reporting Practices | ||
GRI Standard | Description | Location/Information |
102-45 | Entities included in the consolidated financial statements | |
102-46 | Defining report content and topic boundaries | |
102-47 | List of material topics | |
102-48 | Restatements of information |
None |
102-49 | Changes in reporting | |
102-50 | Reporting period | |
102-51 | Date of most recent report | |
102-52 | Reporting cycle | |
102-53 | Contact point for questions regarding the report | |
102-54 | Claims of reporting in accordance with the GRI Standards |
The 2020 Hormel Foods Corporate Responsibility Report is developed in accordance with the core option |
102-55 | GRI content index |
This is our content index |
102-56 | External assurance |
Our report is reviewed by our internal audit department; it is not externally assured |
GRI 103: Management Approach | ||
GRI Standard | Description | Location/Information |
103-1 | Explanation of the material topic and its boundary | |
103-2 | The management approach and its components |
Information about our policies and practices can be found in the appropriate category in the Responsibility section of our corporate website: http://www.hormelfoods.com/responsibility/ Information about our responsibilities, commitments, goals and targets and other initiatives can be found in this report |
103-3 | Evaluation of the management approach |
We evaluate the effectiveness of our management approach for each key topic through stakeholder feedback, benchmarking external performance rankings and evaluating/monitoring our progress toward our goals |
GRI 201: Economic Performance | ||
GRI Standard | Description | Location/Information |
201-1 | Direct economic value generated and distributed | |
201-2 | Financial implications and other risks and opportunities due to climate change | |
201-3 | Defined benefit plan obligations and other retirement plans | |
GRI 301: Materials | ||
GRI Standard | Description | Location/Information |
301-1 | Materials used by weight or volume | |
301-2 | Recycled input materials used | |
GRI 302: Energy | ||
GRI Standard | Description | Location/Information |
302-1 | Energy consumption within the organization | |
302-3 | Energy intensity | |
302-4 | Reduction of energy consumption | |
GRI 303: Water | ||
GRI Standard | Description | Location/Information |
303-1 | Water withdrawal by source | |
303-2 | Water sources significantly affected by withdrawal of water | |
GRI 305: Emissions | ||
GRI Standard | Description | Location/Information |
305-1 | Direct (Scope 1) GHG emissions | |
305-2 | Energy indirect (Scope 2) GHG emissions | |
305-5 | Reduction of GHG emissions | |
GRI 306: Effluents and Waste | ||
GRI Standard | Description | Location/Information |
306-1 | Water discharge by quality and destination | |
GRI 307: Environmental Compliance | ||
GRI Standard | Description | Location/Information |
307-1 | Noncompliance with environmental laws and regulations | |
GRI 308: Supplier Environmental Assessment | ||
GRI Standard | Description | Location/Information |
308-2 | Negative environmental impacts in the supply chain and actions taken | |
GRI 401: Employment | ||
GRI Standard | Description | Location/Information |
401-1 | New employee hires and turnover | |
401-2 | Benefits provided to full-time employees that are not provided to temporary or part-time employees | |
GRI 403: Occupational Health and Safety | ||
GRI Standard | Description | Location/Information |
403-1 | Workers representation in formal joint management-worker health and safety committees | |
403-2 | Types of injury and rates of injury, occupational diseases, lost days and absenteeism, and number of work-related fatalities | |
GRI 404: Training and Education | ||
GRI Standard | Description | Location/Information |
404-1 | Average hours of training per year per employee | |
404-2 | Programs for upgrading employee skills and transition assistance programs | |
GRI 405: Diversity and Equal Opportunity | ||
GRI Standard | Description | Location/Information |
405-1 | Diversity of governance bodies and employees | |
GRI 406: Nondiscrimination | ||
GRI Standard | Description | Location/Information |
406-1 | Incidents of discrimination and corrective actions taken | |
GRI 407: Freedom of Association and Collective Bargaining | ||
GRI Standard | Description | Location/Information |
407-1 | Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk | |
GRI 408: Child Labor | ||
GRI Standard | Description | Location/Information |
408-1 | Operations and suppliers at significant risk for incidents of child labor | |
GRI 409: Forced or Compulsory Labor | ||
GRI Standard | Description | Location/Information |
409-1 | Operations and suppliers at significant risk for incidents of forced or compulsory labor | |
GRI 412: Human Rights Assessment | ||
GRI Standard | Description | Location/Information |
412-1 | Operations that have been subject to human rights reviews or impact assessments |
Some Hormel Foods operations had social performance assessments completed by customers/third parties |
412-2 | Employee training on human rights policies or procedures | |
412-3 | Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening | |
GRI 414: Supplier Social Assessment | ||
GRI Standard | Description | Location/Information |
414-2 | Negative social impacts in the supply chain and actions taken | |
GRI 415: Public Policy | ||
GRI Standard | Description | Location/Information |
415-1 | Political contributions | |
GRI 416: Customer Health and Safety | ||
GRI Standard | Description | Location/Information |
416-1 | Assessment of health and safety impacts of products and service categories | |
416-2 | Incidents of noncompliance concerning the health and safety impacts of products and services | |
GRI 417: Marketing and Labeling | ||
GRI Standard | Description | Location/Information |
417-1 | Requirements for product and service information and labeling | |
417-2 | Incidents of noncompliance concerning product and service information and labeling | |
417-3 | Incidents of noncompliance concerning marketing communications | |
GRI 418: Customer Privacy | ||
GRI Standard | Description | Location/Information |
418-1 | Substantiated complaints concerning breaches of customer privacy and losses of customer data |
No incidents to report |
GRI Food Processing Sector Supplement | ||
GRI Standard | Description | Location/Information |
FP1 | Percentage of purchased volume from suppliers compliant with the company’s sourcing policy | |
FP3 | Percentage of working time lost due to industrial disputes, strikes and/or lock-outs by country | |
FP5 | Percentage of production volume manufactured in sites certified by an independent third party according to internationally recognized food safety management system standards | |
FP6 | Percentage of total sales volume of consumer products, by product category, that are lowered in saturated fat, trans fats, sodium and added sugars | |
FP8 | Policies and practices on communication to consumers about ingredients and nutritional information beyond legal requirements | |
FP11 | Percentage and total of animals raised and/or processed, by species and breed type, per housing type | |
FP12 | Policies and practices on antibiotic, anti-inflammatory, hormone and/or growth promotion treatments, by species and breed type | |
FP13 | Total number of incidents of noncompliance with laws and regulations and adherence with voluntary standards related to transportation, handling and slaughter practices for live terrestrial and aquatic animals |