Commercial, Energy Efficiency, GHG Emissions  -  October 5, 2023

Hormel Foods' Emission Goals Approved by SBTi

Hormel Foods Corporation, a global branded food company, recently received validation for its GHG reduction targets from the Science Based Targets initiative (SBTi). 

The company committed to lower its absolute GHG emissions from its operations 50% by 2030 from a 2019 base year. Hormel Foods also commits to reduce absolute GHG emissions within its supply chain 27.5% within the same timeframe.

"We are proud to announce these ambitious targets to help fight climate change," said Tom Raymond, director of environmental sustainability at Hormel Foods, in a statement. "It is going to require all team members, partners and supply-chain members to reach these goals and continue to decarbonize every part of our value chain."

In 2022, Hormel Foods increased its procurement of domestic renewable electricity from less than 10% to 100% through power purchase agreements to generate over 936 million kWh during 2022. 

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