Hormel Foods Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021🗂️ Report periods on file: 2021, 2020, 2019

In its 2021 reporting, Hormel Foods Corporation disclosed greenhouse gas emissions of 1.2M metric tons CO2e. By scope: Scope 1: 668.8K metric tons CO2e; Scope 2: 517.5K metric tons CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
1.2M metric tons CO2e
2021
⚡
Renewable Energy
7%
of total energy
💧
Water Usage
4.5 billion gallons
2021
♻️
Waste
44.7K tons
2021
⚙️
Energy Use
7.7M MMBtu
2021

📊 Emissions by Scope (2021)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).668.8K metric tons CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.517.5K metric tons CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20211.2M metric tons CO2e
2020Direct: 276,021 tCO2e; Indirect: 454,718 tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Establish a science-based target (SBT) for GHG emissions reduction by 2023
  • Achieve 100% domestic renewable energy sourcing by the end of 2022

📅 Medium-term

  • Increase the number of women in salaried roles by 25% and the number of underrepresented racial and ethnic minorities in salaried roles by 25% by 2025
  • Reduce organic waste discharge from manufacturing facilities by 10% by 2030
  • Achieve 15% of sales from new products each year

🔭 Long-term

  • Provide the equivalent of 70 million meals through cash and product donations by 2030
  • Create a food-secure community program and share blueprint globally by 2030

🌱 ESG Focus Areas

ProductsSupply ChainEnvironmentPeopleCommunity

⚠️ Challenges & Risks +

  • COVID-19 pandemic impacts on logistics and inventories
  • Reducing organic waste discharge from manufacturing facilities
  • Working toward zero food waste

📋 Report Information

Reporting Period: 2021
Frameworks: GRI Standards
Assurance: Internal audit department review; not externally assured