Company Ranking32 out of
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.
HOW DO THEY COMPARE?
The comparison tool allows companies' results to be easily compared. Up to two additional companies can be selected and compare against each other as shown below.
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labor from their supply chains. There are a total of 22 indicators accross the seven themes. For each themes, 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||12.5 / 100|
|Supplier Selection||0 / 100|
|Integration into Supplier Contracts||0 / 100|
|Recruitment Approach||0 / 100|
|Recruitment Fees||25 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Rights of Workers in Vulnerable Conditions||30 / 100|
|Freedom of Association||0 / 100|
|Worker Engagement||0 / 100|
|Grievance Mechanism||0 / 100|
|Monitoring Process||10 / 100|
|Monitoring Disclosure||0 / 100|
|Corrective Action Plans||37.5 / 100|
|Remedy Programs||0 / 100|