Hormel Foods Corp.
Industry Group: Food Products
Country/Region: United States of America
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
Industry Group (1st = lowest risk)
Food Products 194 out of 622
Global Universe 10740 out of 15622
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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 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.
Hormel Foods Corp.'s Exposure is High
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.
Hormel Foods Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Hormel Foods Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
Highest Controversy level that has impacted Hormel Foods Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level