Hormel Foods Corp.
NYS : HRL
2020-2021 Food & Beverage
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Company Ranking
32 out of43 Companies
Company Score
SUMMARY
Hormel Foods Corp. (Hormel Foods), a US-based producer of meat and food products, ranks 32nd out of 43 companies, disclosing significantly less information on its forced labor policies and practices than its peers. Since 2018, the company has improved its score by two points as it began disclosing that its board oversees its efforts to address forced labor. The company’s score is based on its forced labor and migrant worker-related policies, staff training and board oversight on forced labor, and its supplier monitoring and corrective action plan process. The company has an opportunity to improve on the themes of Traceability & Risk Assessment, Purchasing Practices, and Worker Voice.
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SCORE HISTORY
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labour from their supply chains. The themes are comprised of a total of 12 key indicators. For each indicator, a company can score a total of 100 points.
Commitment and Governance
Commitment | 100 / 100 |
Supplier Code of Conduct | 40 / 100 |
Management and Accountability | 25 / 100 |
Training | 30 / 100 |
Stakeholder Engagement | 0 / 100 |
Traceability and Risk Assessment
Traceability and Supply Chain Transparency | 0 / 100 |
Risk Assessment | 0 / 100 |
Purchasing Practices
Purchasing Practices | 12.5 / 100 |
Supplier Selection | 0 / 100 |
Integration into Supplier Contracts | 0 / 100 |
Recruitment
Recruitment Approach | 0 / 100 |
Recruitment Fees | 25 / 100 |
Monitoring and Responsible Recruitment | 0 / 100 |
Rights of Workers in Vulnerable Conditions | 30 / 100 |
Worker Voice
Freedom of Association | 0 / 100 |
Worker Engagement | 0 / 100 |
Grievance Mechanism | 0 / 100 |
Monitoring
Monitoring Process | 10 / 100 |
Monitoring Disclosure | 0 / 100 |
Remedy
Corrective Action Plans | 37.5 / 100 |
Remedy Programs | 0 / 100 |