Jeffrey M. Ettinger Chairman of the Board, President and Chief Executive Officer Thank you for your interest in corporate responsibility at Hormel Foods and for visiting our 2013 Corporate Responsibility Report. I am happy to share the progress we have made as we work to be a leading corporate citizen within our industry.
We are well on our way to meeting our second round of environmental goals by 2020. These goals were established in 2012 and were set against a baseline of 2011. At the end of fiscal year 2013, we reached more than one-third of our target reduction goals in each of the following categories: energy, water use and solid waste. Additionally, we exceeded our goal to reduce packaging by 4 million pounds a year.
Nutrition and Wellness
Our goal is to reduce sodium in select products by an average of 15 percent by 2020. We have already exceeded this goal in five out of six categories and are exploring additional opportunities for sodium reduction. We also added two new healthy options to our CHI-CHI’S® tortilla portfolio last year and continue to offer products that help consumers make balanced choices.
Last year I set a goal for the company to achieve $3 billion in total sales of products created since 2000 by 2016, following the successful completion of similar challenges in years prior. We are currently on track to achieve this goal. Additionally, in January 2013, Hormel Foods acquired the SKIPPY® peanut butter business and has fully integrated the operations, logistics and sales of the brand into our Grocery Products division domestically.
In fiscal year 2013, Hormel Foods donated more than $9 million in cash and in-kind donations, with $6.5 million specifically focused on hunger donations. We also continued our donations of SPAMMY®, a shelf-stable poultry product fortified with vitamins and minerals that is distributed to malnourished children in Guatemala. This year we donated 2.4 million cans of SPAMMY® through our partnership with Food for the Poor and Caritas Arquidiocesana.
Annual data that measures progress and goals in corporate responsibility can easily be identified throughout this online report as well as in a fully downloadable PDF. Information about our corporate responsibility initiatives that remains consistent year after year — such as our industry-leading animal care practices, environmental policies and information about our corporate governance — continues to be located within the corporate responsibility section of www.hormelfoods.com.
We have made significant strides and our stakeholders can be assured that we will continue our corporate responsibility efforts in concert with our internal principles platform, Our Way, which helps to emphasize corporate responsibility in the fabric and strategy of our business. Please share feedback on our report to help us continue to improve and expand upon our efforts each year.
Jeffrey M. Ettinger
Chairman of the Board,
President and Chief Executive Officer