Hormel Foods Corp.
Industry Group: Food Products
Country/Region: United States of America
Identifier: NYS:HRL
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (63% of fiscal 2022 sales), U.S. food service (31%), and international (6%). By product, 53% of sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Food Products 194 out of 622
Universe
Global Universe 10740 out of 15622
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| McCormick & Co., Inc. |
26.1
Medium
|
105 out of 622 |
| Ajinomoto Co., Inc. |
27.2
Medium
|
119 out of 622 |
| Kellogg Co. |
28.4
Medium
|
144 out of 622 |
| Hormel Foods Corp. |
30
Medium
|
194 out of 622 |
| Associated British Foods Plc |
31.1
High
|
227 out of 622 |
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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
