The 2014 Hormel Foods Corporate Responsibility Report uses the G4 Guidelines developed by the Global Reporting Initiative (GRI), the internationally recognized standard for responsibility reporting. We use the Food Processing Sector Supplement, which is part of the G4 Guidelines but also includes other topics specific to our sector. These guidelines help us determine material issues not addressed by stakeholder feedback and best practices research. This chart explains which indicators are included in the report and where they are located online. The 2014 Hormel Foods Corporate Responsibility Report  is “in accordance” with the core option (Content Index has been verified by GRI as being accurate and aligned with GRI General Standard Disclosure G4-32).

Additionally, 2014 is our first report to formally be reviewed by the Hormel Foods internal audit department. At this time, our report is not externally assured.

GRI
General Standard Disclosures
Strategy and Analysis
General Standard DisclosuresPageExternal Assurance
G4-1  Letter from the CEO No
G4-2  Letter from the CEO
Goals
Ethics, Governance and Risk
2014 Annual Report, pages 27-29
No
Organizational Profile
General Standard DisclosuresPageExternal Assurance
G4-3 About Hormel Foods No
G4-4 About Hormel Foods
Our Brands
No
G4-5 About Hormel Foods No
G4-6 About Hormel Foods No
G4-7 Corporate Profile No
G4-8  About Hormel Foods No
G4-9

About Hormel Foods, 2014 at Hormel Foods
2014 Annual Report, CEO Letter (pages 1-2)
2014 Annual Report, Financial Highlights (page 3)
2014 Annual Report, Executive Overview (page 14)
2014 Annual Report, Results of Operations (pages 17-18)
2014 Annual Report, Acquisitions (pages 44-45)

No
G4-10 Employees

All employees tracked are considered supervised, not contractors.

No
G4-11 About Our Employees, Job Type (tab) No
G4-12  Supply Chain No
G4-13 Letter from the CEO
About This Report
No
G4-14

About Hormel Foods, Risk Management, ERM Overview

We evaluate risks using an Enterprise Risk Management system. We have multiple goals to reduce environmental impacts and do not have serious threats of “irreversible damage.”

No
G4-15  Animal Care
Food Safety & Quality
No
G4-16 Industry Representation No
Identified Material Aspects and Boundaries
ProfileDisclosure / descriptionExternal Assurance
G4-17  2014 Annual Report, page 17
About This Report, Boundary and Measurement
No
G4-18 Stakeholder Feedback
Materiality Matrix
No
G4-19 Materiality Matrix No
G4-20 Boundary and Measurement
Materiality Matrix
No
G4-21 Boundary and Measurement No
G4-22 Data Summary No
G4-23 Boundary and Measurement No
Stakeholder Engagement
General Standard DisclosuresPageExternal Assurance
G4-24 Stakeholder Feedback No
G4-25 Stakeholder Feedback No
G4-26 Stakeholder Feedback No
G4-27  Stakeholder Feedback No
Report Profile
General Standard DisclosuresPageExternal Assurance
G4-28 About This Report No
G4-29 Past Reports No
G4-30 About This Report No
G4-31 No
G4-32 GRI Index No
G4-33 GRI Index No
Governance
General Standard DisclosuresPageExternal Assurance
G4-34 Ethics and Conduct
Corporate Governance
No
G4-44 2014 Proxy, pages 8-9 No
G4-52 Materiality Matrix No
Ethics and Integrity
General Standard DisclosuresPageExternal Assurance
G4-56 Ethics, Governance and Risk
Supply Chain
No
Specific Standard Disclosures
Category: Economic
Material AspectsDMA and IndicatorsOmissionsExternal Assurance
Economic Performance

G4-DMA

Materiality Matrix

G4-EC1

Communities, Community Donations

Communities, Hunger

2014 Annual Report, CEO Letter (pages 1-2)

2014 Annual Report, Financial Highlights (page 3)

2014 Annual Report, Select Financial Data (page 13)

2014 Annual Report, Executive Overview (page 14)

2014 Annual Report, Results of Operations (pages 17-18)

Products (HormelFoods.com), Products in Emerging Markets 

Products, Sodium Reduction

G4-EC2

2014 Annual Report, page 28

Risk Management 

G4-EC3

2014 Annual Report, Pension and Other Post-Retirement Benefits (pages 47-52)

G4-EC4

We did not receive significant financial assistance from the government.

 

G4-GMA: No

G4-EC1: No

G4-EC2: No

G4-EC3: No

G4-EC4: No

Indirect Economic Impacts

G4-DMA

Materiality Matrix

G4-EC7

Communities

G4-EC8

Risk Management

 

G4-DMA: No

G4-EC7: No

G4-EC8: No

Procurement Practices

G4-DMA

Materiality Matrix

G4-FP1

Supply Chain

G4-FP2

Supply Chain

We purchase the majority of our raw materials, equipment and services domestically within the regions where we manufacture our products.

Due to the breadth of our operations, additional information is not available in how to track progress. However, 100 percent of purchased hogs come from independent farms that are PQA Plus Certified.

 

G4-DMA: No

G4-FP1: No

G4-FP2: No

Category: Environmental
Material AspectsDMA and IndicatorsOmissionsExternal Assurance
Materials

G4-DMA

Materiality Matrix

G4-EN1

Packaging Minimization

G4-EN2

Packaging Minimization

 

G4-DMA: No

G4-EN1: No

G4-EN2: No

Energy

G4-DMA

Materiality Matrix

G4-EN5

Energy

G4-EN6

Energy

 

G4-DMA: No

G4-EN5: No

G4-EN6: No

Water

G4-DMA

Materiality Matrix

G4-EN8

Water

G4-EN9

Water

Our operations are not in areas that significantly affect water sources with our withdrawal.

 

G4-DMA: No

G4-EN8: No

G4-EN9: No

Emissions

G4-DMA

Materiality Matrix

G4-EN15

Air

G4-EN16

Air
Internal Recognition

G4-EN18

Our GHG emissions intensity is 0.339 metric tons CO2-e per ton of product sold (0.155 metric tons in direct energy and 0.184 metric tons in indirect energy). Manufacturing GHG emissions are primarily carbon dioxide, with significantly less contribution from methane and nitrous oxide.

G4-EN19

Air
Internal Recognition

G4-EN21

Air

Our operations track and record criteria air pollutant emissions, including NOx (Nitrogen oxides), SO2 (Sulfur dioxide), CO (Carbon monoxide) and PM (particulate matter). These emissions are reported as required by local, state, and federal requirements.

 

G4-DMA: No

G4-EN15: No

G4-EN16: No

G4-EN18: No

G4-EN19: No

G4-EN21: No

Effluents and Waste

G4-DMA

Materiality Matrix

G4-EN22

Waste Water Management

G4-EN23

Solid Waste Management

G4-EN24 

We did not have any significant spills for this reporting period.

G4-EN25 

We have zero international shipments of hazardous waste.

G4-EN26

Waste Water Management

The majority of our water is discharged to publicly owned treatment works, which in turn discharge in combination with other treated water to typically larger rivers. We do not discharge to wetlands or other highly sensitive water bodies.

 

G4-DMA: No

G4-EN22: No

G4-EN23: No

G4-EN24: No

G4-EN25: No

G4-EN26: No

Products and Services

G4-DMA

Materiality Matrix

G4-EN27

Packaging Minimization

 

G4-DMA: No

G4-EN27: No

Compliance

G4-DMA

Materiality Matrix

G4-EN29

Data Summary, Environmental Noncompliance Line

 

G4-DMA: No

G4-EN29: No

Transport

G4-DMA

Materiality Matrix

G4-EN30

Logistics

 

G4-DMA: No

G4-EN30: No

Overall

G4-DMA

Materiality Matrix

G4-EN31

Environment

 

G4-DMA: No

G4-EN31: No

Supplier Environmental Assessment

G4-DMA

Materiality Matrix

G4-EN32

Supply Chain

 

G4-DMA: No

G4-EN32: No

Environmental Grievance Mechanisms

G4-DMA

Materiality Matrix

G4-EN34

Environmental Grievances
Ethics and Conduct
 

G4-DMA: No

G4-EN34: No

Category: Social
Sub-Category: Labor Practices and Decent Work
Material AspectsDMA and IndicatorsOmissionsExternal Assurance
Employment

G4-DMA

Materiality Matrix

G4-LA2

Benefits

 

G4-DMA: No

G4-LA2: No

Labor/ Management Relations

G4-DMA

Materiality Matrix

G4-FP3

About Our Employees

G4-LA4

About Our Employees

 

G4-DMA: No

G4-FP3: No

G4-LA4: No

Occupational Health and Safety

G4-DMA

Materiality Matrix

G4-LA6

Safety

G4-LA7

Benefits

G4-LA8

Safety and Well-Being

 

G4-DMA: No

G4-LA6: No

G4-LA7: No

G4-LA8: No

Training and Education

G4-DMA

Materiality Matrix

G4-LA9

Training

G4-LA10

Professional Development

G4-LA11

Performance Review Program

 

G4-DMA: No

G4-LA9: No

G4-LA10: No

G4-LA11: No

Supplier Assessment for Labor Practices

G4-DMA

Materiality Matrix

G4-LA14

Supply Chain

 

G4-DMA: No

G4-LA14: No

Sub-Category: Human Rights
Material AspectsDMA and IndicatorsOmissionsExternal Assurance
Investment

G4-DMA

Materiality Matrix

G4-HR1

Human Rights

 

G4-DMA: No

G4-HR1: No

Nondiscrimination

G4-DMA

Materiality Matrix

G4-HR3

About Our Employees

 

G4-DMA: No

G4-HR3: No

Freedom of Association and Collective Bargaining

G4-DMA

Materiality Matrix

G4-HR4

About Our Employees

 

G4-DMA: No

G4-HR4: No

Child Labor

G4-DMA

Materiality Matrix

G4-HR5

Fair Employment

 

G4-DMA: No

G4-HR5: No

Forced or Compulsory Labor

G4-DMA

Materiality Matrix

G4-HR6

Fair Employment

 

G4-DMA: No

G4-HR6: No

Indigenous Rights

G4-DMA

Materiality Matrix

G4-HR8

Hormel Foods does not operate in areas at significant risk to indigenous rights.

Human Rights

 

G4-DMA: No

G4-HR8: No

Supplier Human Rights Assessment

G4-DMA

Materiality Matrix

G4-HR10

Supply Chain

While we do not report human rights screening of suppliers, we have developed the Supplier Responsibility Principles, which detail standards for suppliers related to environment, safety, human rights, etc. In fiscal year 2014, we expanded this program to include our remaining suppliers.

 

G4-DMA: No

G4-HR10: No

Sub-Category: Society
Material AspectsDMA and IndicatorsOmissionsExternal Assurance
Anti-corruption

G4-DMA

Materiality Matrix

G4-SO3

Risk Management

Ethics & Conduct

G4-SO4

Not Available: We currently do not have a formalized system in place to track this information.

G4-SO5

Ethics & Conduct

There were zero concluded legal cases regarding the organization or its employees during the reporting period for incidents of corruption.

 

G4-DMA: No

G4-SO3: No

G4-SO4: No

G4-SO5: No

Public Policy

G4-DMA

Materiality Matrix

G4-SO6

Public Policy

 

G4-DMA: No

G4-SO6: No

Anti-competitive Behavior

G4-DMA

Materiality Matrix

G4-SO7

There have been no legal actions for anti-competitive behavior, etc.

 

G4-DMA: No

G4-SO7: No

Compliance

G4-DMA

Materiality Matrix

G4-SO8

We have had no fines or non-monetary sanctions for non-compliance with laws and regulations (based on our understanding of significant as defined by the SEC).

 

G4-DMA: No

G4-SO8: No

Supplier Assessment for Impacts on Society

G4-DMA

Materiality Matrix

G4-SO9

Supply Chain

G4-SO10

Palm Oil (HormelFoods.com)

Supply Chain

We are in the process of analyzing the results of our category level risk analysis.

 

G4-DMA: No

G4-SO9: No

G4-SO10: No

Animal Welfare

G4-DMA

Materiality Matrix

G4-FP9 

Hogs and Turkeys

G4-FP10

We follow industry standards for animal care and are committed to continuing to improve our practices. We base our animal husbandry practices on the best scientific data available, new technologies and hands-on experience. We will make a determination of our reporting as it relates to this specific indicator for future reports.

G4-FP11 

Hogs and Turkeys

Raising Our Animals

G4-FP12

Medications

G4-FP13

Animal Care

 

G4-DMA: No

G4-FP9: No

G4-FP10: No

G4-FP11: No

G4-FP12: No

G4-FP13: No

Sub-Category: Product Responsibility
Material AspectsDMA and IndicatorsOmissionsExternal Assurance
Customer Health and Safety

G4-DMA

Materiality Matrix

G4-PR1

Innovation

Sodium Reduction

G4-PR2

Food Safety and Quality

G4-FP5

Food Safety and Quality

G4-FP6

Sodium Reduction

 

G4-DMA: No

G4-PR1: No

G4-PR2: No

G4-FP5: No

G4-FP6: No

Product and Service Labeling

G4-DMA

Materiality Matrix

G4-PR3

Packaging and Labeling

G4-PR4

Food Safety and Quality

G4-PR5

Innovation

 

G4-DMA: No

G4-PR3: No

G4-PR4: No

G4-PR5: No

Marketing Communications

G4-DMA

Materiality Matrix

G4-PR6

Responsible Marketing

G4-PR7

Responsible Marketing

 

G4-DMA: No

G4-PR6: No

G4-PR7: No

Customer Privacy

G4-DMA

Materiality Matrix

G4-PR8

We did not have any incidents to report.

 

G4-DMA: No

G4-PR8: No

Compliance

G4-DMA

Materiality Matrix

G4-PR9

We do not report on this because Hormel Foods has not incurred significant fines for non-compliance with laws and regulations concerning the provision and use of products.

 

G4-DMA: No

G4-PR9: No