Company ranks number. 57 on U.S. EPA’s Fortune 500List of green power users
AUSTIN, Minn., April 25, 2022 /PRNewswire/ — Hormel Foods Corporation (NYSE: HRLThe ) is a global branded food company that is well-known for its corporate citizenship. 57 on U.S. Environmental Protection Agency’s (EPA) Fortune 500The Green Power Partnership (GPP) has compiled a list of the most significant green power users. Hormel Foods joined the EPA’s Green Power Partnership (GPP) and offsets more than 53 million kilowatt hours (kWh) of green energy annually. This represents 7% of its total power requirements. The company’s decision to use green energy helps develop and expand the voluntary market for green electricity.
“It’s an honor for us to be recognized by U.S. Environmental Protection Agency (EPA) for our green power use,” he said. Mark CoffeyHormel Foods, group vice-president of supply chain. “We are making progress in achieving our robust goals. 20 By 30 ChallengeThis recognition is a tribute to the dedication and hard work of our 20,000 motivated people, all working towards a more sustainable operation.
The company’s 20 By 30 Challenge goals will follow the previous set of sustainability targets that Hormel Foods had focused on. This included significant reductions to its packaging, nonrenewable energies, greenhouse gas emissions, water consumption, and solid waste sent for landfills. The company has also worked with experts from the field of renewable energy in order to identify and execute both on-site and off-site solar and wind projects.
“We recognize that we are a good corporate citizen in our local communities. The United StatesIt is vital that we work in the global community to implement green power solutions within our company,” stated Mr. Tom RaymondDirector of environmental sustainability at Hormel Foods.
Newsweek named Hormel Foods as one America’s most trustworthy companies and one America’s most responsible companies. The company has been named as one of the Top 100 Female-Friendly Companies in the World by Newsweek. ForbesProgressive Grocer awarded it several Impact Awards for its educational support programs and food security programs.
“This list of the country’s largest green power users is a proof that good business practices can also be beneficial to the environment,” said James CritchfieldEPA’s Green Power Partnership Program manager. “The U.S. EPA lauds the Top Partner Rankings of the Green Power Partnership for their remarkable commitment to expanding green power use and protecting the natural environment.”
According to the U.S. EPA the company’s green energy use of more 53 million kWh is equivalent in annual electricity consumption to nearly 5,000 American homes.
HORMEL FOODS – Inspiration for People Inspirational Food
Hormel Foods Corporation, located in Austin, Minn., is a global branded foods company with over 500,000 employees. $11 billionIn annual revenue, more than 80 countries are represented. Its brands include Planters. SKIPPY. SPAM. Hormel Natural choice, Applegate. Justin’s, Wholly. Hormel Black Label. Columbus. Jennie-O. and more than 30 others. The company is a member the S&P 500 Index as well as the S&P 500 Dividend Aristocrats. It was also named to the “Global 2000 World’s Top Employers” list. Forbesmagazine for three years. Fortune magazine has been a favorite company for twelve years. It has been listed on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” List for 12 years and has received numerous awards and accolades in recognition of its corporate responsibility efforts and community service. The company lives by its mission statement, Inspired People. Inspired Food. To bring iconic brands from around the world to people’s tables. Visit www.legen.de for more information. www.hormelfoods.com http://csr.hormelfoods.com/.
About EPA’s Green Power Partnership
The Green Power Partnership is an voluntary program that encourages green power use by U.S. organisations to increase the American market for green energy and develop those sources to reduce air pollution. In 2020, the Partnership had 700 Partners who used almost 70 billion kilowatts of green energy annually. Partners include Fortune 500 companies, small and medium-sized businesses, local, state and federal governments, colleges and universities, and many other leading organizations. Please visit www.partners.org to find out more. www.epa.gov/greenpower.
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SOURCE Hormel Foods Corporation