G4 - 13
Significant changes during the reporting period regarding size, structure or ownership, or supply chain.
G4 - 17
Entities included in the organization’s consolidated financial statements or equivalent documents, and any entity included not covered by this report.
G4 - 20
Boundary for each material Aspect, including if it is material for all entities within the organization, and any specific limitation to the Aspect boundary.
G4 - 21
Boundary for each material Aspect outside of the organization if material, including entities and locations to which it is material, as well as limitations.
G4 - 23
Significant changes from previous reporting periods in the scope, boundary or measurement methods applied in the report.
Boundary and Measurement
The boundary of the report includes all entities that Hormel Foods “exercises control or significant influence with regard to financial and operating policies and practices,” as defined by the Global Reporting Initiative’s (GRI) Boundary Protocol, unless otherwise indicated. The following chart explains exceptions to this or further information about what parts of the company are not included in this report, by section.
The boundary outlined below differs from previous reports due to additional clarification broken out by section of the report.
|No. of Employees, Countries where Products are Marketed, Brands that Held No. 1 or No. 2 Marketshare and Manufacturing Facilities:||Includes all|
|Audits of Ingredient Suppliers:||Does not include international|
|Diverse Businesses:||Does not include international and only includes applicable vendor categories|
|New Vendors:||Includes all active suppliers in the company’s tracking system|
|Financial Information:||As reported and defined in the company’s Annual Report|
|Lobbying and Political Action Committee:||Includes all|
|Packaging Projects and Material Savings:||Includes all projects and savings captured by the R&D package development group|
|Product Packaging that is Recyclable and/or Made from Recycled Materials:||Includes strategic suppliers in the company’s tracking system|
|Unique Packaging Items:||Includes all packaging items in the company’s tracking system|
|Logistics:||Does not include international|
Does not include our Corporate Office, R&D, live production and international locations; includes co-pack and joint venture locations with operational control
|Sodium Reduction:||Only includes brands listed, which include brands from Hormel Foods and MegaMex Foods|
|New Retail and Line Extension Launches and Products in Development:||Includes projects that are captured through our corporate tracking systems; however, all projects may not be captured|
|Safety & Safety Training:||Does not include international|
|People:||Data (employment type, gender and tenure) and collective bargaining does not include international|
|Training:||Does not include non-parent company international employee training|
|Cash and Product Donation Amounts:||Amounts provided are donations recorded through our corporate donation records, which may not capture everything|
|Animal Care:||Does not include international|
|MegaMex Foods:||Less than 50 percent operational and financial control|
|Fresherized Foods:||Acquisition of a joint venture|
|Precept Foods:||We did not have operational control as this was a marketing agreement, which dissolved Oct. 26, 2014|
|Okinawa Hormel Ltd.:||Less than 50 percent operational and financial control|
|Purefoods – Hormel Company:||Less than 50 percent operational and financial control|
|CytoSport:||New acquisition August 2014|