Inclusion & Diversity - Hormel Foods Corporate Responsibility Report

In 2020, 52 percent of our team was represented by ethnic minorities.

We believe a diverse workforce fosters innovation and cultivates an environment filled with unique perspectives.

2020 Highlights

$250,000+ Donated

in total to MANRRS, NAACP Legal Defense and Educational Fund, and UNCF

Diversity

Diverse Board Of Directors

four women and six persons of color

Best Employers For Veterans

according to Military Times

Employee Resource Groups

Hormel Foods is committed to having an inclusive workplace and has nine employee resource groups (ERGs):

Black Leaders and Allies Advancing Cultural Knowledge;
Hormel Asian American Professionals Association;
Hormel Food and Agriculture Resource Members;
Hormel Integrating Relevant Experiences;
Hormel Military Veterans Engagement Team;
Hormel Professionals Representing Out and United Individuals & Allies;
Hormel Young Professionals Enterprise;
Nuestra Gente (Hormel Foods Hispanic Resource Group); and
Women’s Insights Network.

These groups help us better understand diverse groups of consumers and relate to diverse team members. Read more about these ERGs on our corporate website.

We partner with a wide array of business associations to support inclusion and diversity both internally and externally. Some of our partners include the National Association of Black Accountants, the National Society of Black Engineers, the Society of Asian Scientists and Engineers, the Society of Hispanic Professional Engineers, and the Society of Women Engineers as well as other multicultural business organizations.

In 2020, we launched a spotlight charities campaign to help support education and equity. The featured organizations for the spotlight charities campaign were: Minorities in Agriculture, Natural Resources and Related Sciences (MANRRS); the NAACP Legal Defense and Educational Fund; and UNCF. Hormel Foods provided a donation of $100,000 split equally among the organizations. In addition, the company matched team member and retiree donations to the organizations. In total, more than $250,000 was donated to these organizations through this effort. Some of the funds are being used to establish Hormel Foods scholarships with MANRRS and the UNCF.

We also announced our Inspired Pathways program, which will provide the opportunity of a free two-year college education for the dependent children of our team members beginning with the 2021-2022 academic year. This monumental program will help many first-generation college students. For additional information, please visit the philanthropy section of this report.

Senior leaders of our company (directors and officers) are held accountable to creating an inclusive, diverse workplace through their yearly incentive plans, which focus on overall belonging scores and the representation of women and underrepresented minorities in our salaried positions.

Inclusion and Diversity Guiding Coalition

The company’s Inclusion and Diversity Guiding Coalition is focused on creating the conditions for a more inclusive and equitable environment for all and helping to shape the business and people strategies of Hormel Foods. This group represents a range of demographics, perspectives and organizational functions from across the company. By providing input and insight, the coalition is actively engaged in:

Strengthening the company’s alignment around the business value of inclusion and diversity;
Attracting and developing a talented workforce; and
Building and retaining inclusive leaders and teams.

The Inclusion and Diversity Guiding Coalition has been instrumental in bringing the company’s Talent Champion Program to life. This program pairs under-represented minority talent with an executive sponsor to provide opportunities to gain exposure across the organization. Additionally, this team has been pivotal in championing for inclusive workspaces in our production facilities, including lactation rooms, gender-neutral restrooms and updated locker rooms.

In 2020, 52 Percent of our Workforce was Represented by Ethnic Minorities:
Black or African American	28%
Latinx	51%
Asian	15%
American Indian or Alaska Native	1%
Native Hawaiian or other Pacific Islander	3%
Two or More Races	2%

We work hard to ensure we engage in nondiscriminatory pay practices so that our team members are compensated fairly and appropriately, regardless of gender, race, age or any other protected status. In 2020, there were no substantiated reports of pay discrimination. In addition, we did not have any labor stoppages, strikes or lockouts; therefore, we did not lose any hours of working time.