Hormel Foods Corporation, commonly known as Hormel, is a leading player in the global food industry, headquartered in Austin, Minnesota. Founded in 1891, the company has evolved significantly, marking key milestones such as the introduction of its iconic Spam product in 1937. Hormel operates primarily in the meat and food processing sectors, offering a diverse range of products including deli meats, canned goods, and refrigerated meals. With a strong market presence in North America and expanding operations internationally, Hormel is renowned for its commitment to quality and innovation. Its core offerings, such as Hormel Natural Choice and Applegate products, stand out for their emphasis on natural ingredients and sustainability. Hormel's dedication to excellence has earned it numerous accolades, solidifying its position as a trusted brand in households worldwide.
How does Hormel's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Food Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Hormel's score of 22 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hormel Foods reported total greenhouse gas emissions of approximately 625,338 tonnes CO2e for Scope 1 and 437,394 tonnes CO2e for Scope 2, resulting in a combined total of about 1,062,732 tonnes CO2e. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 50% by 2030, using 2019 as the baseline year. Additionally, Hormel has committed to a 27.5% reduction in absolute Scope 3 emissions within the same timeframe. In 2021, Hormel's total emissions were approximately 668,817 tonnes CO2e for Scope 1 and 517,537 tonnes CO2e for Scope 2, with significant contributions from Scope 3 emissions, which included about 9,305,615 tonnes CO2e from purchased goods and services alone. This highlights the substantial impact of their supply chain on overall emissions. Hormel's commitment to reducing emissions aligns with industry standards and reflects a proactive approach to climate change, demonstrating their dedication to sustainability in the food and beverage processing sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 793,230,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 238,300,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 12,260,503,000 | - | 00,000,000,000 | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hormel is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.