Hormel Foods Corp
Industry Group: Food Products
Country/Region: United States
Identifier: NYS:HRL
Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company’s revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Food Products 138 out of 598
Universe
Global Universe 8573 out of 15120
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| The Hershey Co. |
25
Medium
|
66 out of 598 |
| Kellogg Co |
26.8
Medium
|
87 out of 598 |
| McCormick & Co Inc |
28.7
Medium
|
124 out of 598 |
| Hormel Foods Corp |
29.2
Medium
|
138 out of 598 |
| Inner Mongolia Yili Industrial Group Co Ltd |
43.2
Severe
|
443 out of 598 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
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Top Material ESG Issues for Hormel Foods Corp
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Controversy Rating
Highest Controversy level that has impacted Hormel Foods Corp's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
