Company recognized for leadership in green
power use, climate change initiatives
AUSTIN,
Minn., Sept. 20, 2023 /PRNewswire/ -- Hormel
Foods Corporation (NYSE: HRL), a Fortune 500 global branded food
company known for its corporate citizenship, announced today that
it has received a 2023 Green Power Leadership Award from the U.S.
Environmental Protection Agency (EPA) and the Market Development
Award from the Center for Resource Solutions (CRS).
For more than 20 years, the EPA's annual Green Power Leadership
Awards have recognized America's leading green power users for
their commitment to using renewable electricity and advancing the
nation's green power market. The EPA and CRS presented Hormel Foods
with a Green Power Leadership and Market Development awards at the
2023 Renewable Energy Markets Conference on Sept. 19.
Hormel Foods was recognized for outstanding clean energy
initiatives and impact on the green power market. The company
matched nearly 938 million kilowatt-hours (kWh) of green power in
2022 with renewable sourcing, which is enough to meet 100% of
domestic energy use and 96% of the organization's total energy use.
By choosing green power, Hormel Foods is taking action against
climate change and moving toward a cleaner, healthier and more
sustainable energy future.
"To be recognized by the Environmental Protection Agency for our
company's continued commitment to green power implementation is an
incredible honor," said Mark Coffey,
group vice president of supply chain at Hormel Foods. "This
award is proof of the dedication and commitment our team has made
to using green power and helping decarbonize the economy."
The company's ambitious 20 By 30 Challenge corporate
responsibility goals continue to inspire significant reductions in
nonrenewable energy use, greenhouse gas emissions, water use and
solid waste sent to landfills. Additionally, Hormel Foods has
worked with experts in the field of renewable energy to identify
and execute off-site wind and solar projects, as well as on-site
solar power and energy reduction projects.
"The leadership at Hormel Foods implementing renewable
electricity in their organization exemplifies the kind of impactful
action that EPA wants to see consumers in the voluntary green power
market take," said James
Critchfield, EPA's Green Power Partnership program manager.
"I commend each of the 2023 Green Power Leadership Award winners
for using their leadership and influence to drive demand for green
power and lead the way to a clean energy future."
In addition to recognition from the EPA, Hormel Foods has a
long-standing reputation as one of the most successful food
companies in the world and has received numerous honors and
accolades. The company has been named one of America's Best
Companies to Work For by U.S. News & World Report, one of the
World's Most Admired Companies by Fortune, one of America's Most
Responsible Companies for a fourth consecutive year by Newsweek and
one of America's Most Trustworthy Companies by Newsweek for a
second straight year.
According to the EPA, green power use of nearly 938 million kWh
by Hormel Foods is equivalent to the annual electricity use of more
than 88,000 average American homes.
ABOUT HORMEL FOODS — Inspired People. Inspired
Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food
company with over $12 billion in
annual revenue across more than 80 countries worldwide. Its brands
include Planters®, Skippy®, SPAM®, Hormel® Natural
Choice®, Applegate®, Justin's®,
Wholly®, Hormel® Black
Label®, Columbus®, Jennie-O® and
more than 30 other beloved brands. The company is a member of the
S&P 500 Index and the S&P 500 Dividend Aristocrats, was
named on the "Global 2000 World's Best Employers" list by
Forbes magazine for three years,
is one of Fortune magazine's most admired companies, has appeared
on the "100 Best Corporate Citizens" list by 3BL Media 13 times,
and has received numerous other awards and accolades for its
corporate responsibility and community service efforts. The company
lives by its purpose statement — Inspired People. Inspired
Food.™ — to bring some of the world's most trusted and iconic
brands to tables across the globe. For more information,
visit www.hormelfoods.com and http://csr.hormelfoods.com/.
About EPA's Green Power Partnership
The Green Power Partnership is a voluntary program that helps
increase green power use among U.S. organizations to advance the
American market for green power and development of those sources as
a way to reduce air pollution and other environmental impacts
associated with electricity use. In 2021, the Partnership had more
than 700 Partners voluntarily using more than 85 billion
kilowatt-hours of green power annually. Partners include a wide
variety of leading organizations such as Fortune 500®
companies; small and medium sized businesses; local, state, and
federal governments; and colleges and universities. For additional
information, please visit www.epa.gov/greenpower.
Contact: Media Relations
media@hormel.com
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SOURCE Hormel Foods Corporation