STOCK TITAN

Hormel Foods Expands Efforts to Tackle Food Insecurity During Hunger Action Month

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Hormel Foods (NYSE: HRL) made significant contributions during Hunger Action Month in September, donating over $450,000 to combat food insecurity. Key initiatives included:

1. Partnering with Austin High School to assemble 24,000 snack packs for students and local food shelves.

2. Granting $10,000 to each of its 45 production facilities for local hunger-relief organizations.

3. Organizing a hometown celebration concert with matched donations for local food banks.

These efforts contribute to Hormel's 20 By 30 Challenge, aiming to deliver 70 million meals and create a food-secure community program by 2030. In 2023, the company donated $12.5 million in cash and products, including $10 million for hunger relief, equivalent to 9.2 million meals.

Hormel Foods (NYSE: HRL) ha effettuato contributi significativi durante il Mese dell'Azione contro la Fame a settembre, donando oltre 450.000 dollari per combattere l'insicurezza alimentare. Le iniziative chiave includevano:

1. Collaborare con l'Austin High School per assemblare 24.000 pacchetti di snack per studenti e mense locali.

2. Assegnare 10.000 dollari a ciascuno dei suoi 45 impianti di produzione per organizzazioni locali di sostegno contro la fame.

3. Organizzare un concerto di celebrazione cittadina con donazioni abbinate per le banche alimentari locali.

Questi sforzi contribuiscono alla 20 By 30 Challenge di Hormel, che punta a fornire 70 milioni di pasti e creare un programma di sicurezza alimentare per la comunità entro il 2030. Nel 2023, l'azienda ha donato 12,5 milioni di dollari in contante e prodotti, inclusi 10 milioni di dollari per il soccorso alimentare, equivalenti a 9,2 milioni di pasti.

Hormel Foods (NYSE: HRL) realizó contribuciones significativas durante el Mes de la Acción contra el Hambre en septiembre, donando más de $450,000 para combatir la inseguridad alimentaria. Las iniciativas clave incluyeron:

1. Asociarse con la Austin High School para ensamblar 24,000 paquetes de bocadillos para estudiantes y despensas locales.

2. Otorgar $10,000 a cada una de sus 45 instalaciones de producción para organizaciones locales de alivio del hambre.

3. Organizar un concierto de celebración en su ciudad natal con donaciones que se igualan para los bancos de alimentos locales.

Estos esfuerzos contribuyen al 20 By 30 Challenge de Hormel, que tiene como objetivo entregar 70 millones de comidas y crear un programa de comunidad con seguridad alimentaria para 2030. En 2023, la empresa donó $12.5 millones en efectivo y productos, incluyendo $10 millones para alivio del hambre, equivalentes a 9.2 millones de comidas.

Hormel Foods (NYSE: HRL)는 9월 기아 행동의 달 동안 450,000 달러 이상을 기부하여 식량 불안정 해소에 기여했습니다. 주요 이니셔티브는 다음과 같습니다:

1. 오스틴 고등학교와 협력하여 학생들과 지역 식품 선반을 위해 24,000개 간식 팩을 조립했습니다.

2. 45개 생산 시설마다 지역 기아 구호 단체에 10,000 달러를 지원했습니다.

3. 지역 식품 은행을 위한 기부 매칭 콘서트를 개최했습니다.

이러한 노력은 Hormel의 20 By 30 Challenge에 기여하며, 2030년까지 7천만 끼니를 제공하고 식량 안전한 지역사회를 만들기 위한 프로그램을 목표로 합니다. 2023년에는 현금과 제품으로 1,250만 달러를 기부했으며, 그 중 1천만 달러는 기아 구호를 위한 것이며, 이는 920만 끼니에 해당합니다.

Hormel Foods (NYSE: HRL) a apporté des contributions significatives pendant le Mois de l'Action contre la Faim en septembre, en faisant don de plus de 450 000 dollars pour lutter contre l'insécurité alimentaire. Parmi les initiatives clés figuraient :

1. S'associer avec le lycée d'Austin pour assembler 24 000 paquets de collations pour les élèves et les banques alimentaires locales.

2. Accorder 10 000 dollars à chacune de ses 45 installations de production pour des organisations locales d'aide alimentaire.

3. Organiser un concert de célébration dans sa ville natale avec des dons correspondants pour les banques alimentaires locales.

Ces efforts contribuent au 20 By 30 Challenge de Hormel, qui vise à fournir 70 millions de repas et à créer un programme de communauté sécurisée alimentaire d'ici 2030. En 2023, l'entreprise a fait don de 12,5 millions de dollars en espèces et en produits, dont 10 millions de dollars pour l'aide alimentaire, équivalant à 9,2 millions de repas.

Hormel Foods (NYSE: HRL) hat im September während des Hungeraktionsmonats bedeutende Beiträge geleistet und über 450.000 Dollar zur Bekämpfung von Lebensmittelunsicherheit gespendet. Zu den wichtigsten Initiativen gehörten:

1. Partnerschaft mit der Austin High School zur Zusammenstellung von 24.000 Snack-Paketen für Schüler und lokale Lebensmittelregale.

2. Gewährung von 10.000 Dollar an jede seiner 45 Produktionsanlagen für lokale hungernde Hilfsorganisationen.

3. Organisation eines Heimatfeierkonzerts mit gematchten Spenden für lokale Tafeln.

Diese Maßnahmen leisten einen Beitrag zur 20 By 30 Challenge von Hormel, die darauf abzielt, bis 2030 70 Millionen Mahlzeiten bereitzustellen und ein Programm für eine lebensmittelsichere Gemeinschaft ins Leben zu rufen. Im Jahr 2023 hat das Unternehmen 12,5 Millionen Dollar in Form von Bargeld und Produkten gespendet, darunter 10 Millionen Dollar für die Hilfe gegen Hunger, was 9,2 Millionen Mahlzeiten entspricht.

Positive
  • Donated over $450,000 during Hunger Action Month
  • Assembled 24,000 snack packs (9,000 pounds of food) for students and local food shelves
  • Granted $10,000 to each of 45 production facilities for local hunger-relief organizations
  • Contributed $12.5 million in monetary and product donations in 2023, including $10 million for hunger relief
  • On track with 20 By 30 Challenge goals for meal delivery and community food security
Negative
  • None.

A company dedicated to supporting food security efforts, Hormel Foods provided monetary and product donations totaling more than $450,000 to nonprofit partners in September

AUSTIN, Minn., Oct. 7, 2024 /PRNewswire/ -- In recognition of Hunger Action Month, Hormel Foods Corporation (NYSE: HRL) partnered with organizations across the United States to create a more food-secure world. Donations totaling more than $450,000 were made throughout the month of September through various programs and events. 

"As a global branded food company, we are dedicated to addressing food insecurity, and delivering on that promise is never more important than during Hunger Action Month in September," said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. "This Hunger Action Month, we did just that through financial support, product donations, and by rolling up our sleeves and giving back to the communities where we live and work." 

Nourishing Champions 

Hormel Foods, United Way of Mower County and the Hometown Food Security Project partnered with the Austin High School student body to improve food security for local youth. The entire student body assembled 24,000 snack packs, totaling 9,000 pounds of food, to fuel their peers participating in after-school activities — and to fill the school's pantry — ensuring that every student has access to a nutritious snack. Additional snack packs were distributed to local food shelves and other organizations in the community. 

Community Plant Donations 

For the 14th consecutive Hunger Action Month, Hormel Foods granted each of its production facilities $10,000 to donate to a hunger-relief organization in their community. This year's efforts reached communities and families across the United States and benefitted 45 organizations.  

Hometown Celebration Concert  

Hormel Foods honored its hometown with a musical celebration that was paired with a charitable initiative. Concert goers and community members were encouraged to support food security initiatives through optional donations. Hormel Foods matched the dollars raised and 100 percent of the funds were divided among local food banks in Mower County, helping ensure families have access to the food they need.  

"As we work to combat food insecurity, both across the globe and in our own local communities, we are steadfast in our commitment to make the world a better place," said Katie Clark, senior vice president and chief communications officer at Hormel Foods. "This has been an incredible month, and none of it would have been possible without the work of our valued team members and volunteers." 

Additionally, Hormel Foods contributed monetary donations to long-standing partners that fight food insecurity through disaster relief, equitable access and sustainable systems.  

As part of its Global Impact programming and continuous commitment to giving back, Hormel Foods contributed $12.5 million in monetary and product donations in 2023 to uplift communities, including $10 million dedicated to hunger-relief efforts, equivalent to 9.2 million individual meals*. Food security engagements throughout Hunger Action Month contribute to the company's 20 By 30 Challenge goals of delivering 70 million meals and creating a food-secure community program by 2030.      

To read more about the company's commitment to food security efforts, visit our 2023 Global Impact Report https://www.hormelfoods.com/global-impact/

To learn more about the Hometown Food Security Project, visit https://hometownfoodsecurity.org.  

*Using the Feeding America estimation of $1 donated = 10 meals and 1.2 pounds donated = one meal. 

About Hormel Foods — Inspired People. Inspired Food. 
Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, JUSTIN'S®, WHOLLY®, HORMEL® BLACK LABEL®, COLUMBUS®, JENNIE-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America's most responsible companies by Newsweek, recognized by TIME magazine as one of the World's Best Companies, received a perfect score of 100 on the 2023–24 Corporate Equality Index and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food. — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit hormelfoods.com

Contact:       

Media Relations


Hormel Foods


media@hormel.com 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hormel-foods-expands-efforts-to-tackle-food-insecurity-during-hunger-action-month-302268865.html

SOURCE Hormel Foods Corporation

FAQ

How much did Hormel Foods (HRL) donate during Hunger Action Month 2024?

Hormel Foods donated over $450,000 in monetary and product contributions during Hunger Action Month in September 2024.

What was the Hormel Foods (HRL) Nourishing Champions initiative in 2024?

Hormel Foods partnered with Austin High School to assemble 24,000 snack packs, totaling 9,000 pounds of food, for students in after-school activities and to fill the school's pantry.

How much did Hormel Foods (HRL) donate to each of its production facilities in 2024?

Hormel Foods granted $10,000 to each of its 45 production facilities to donate to a local hunger-relief organization in their community.

What are Hormel Foods' (HRL) 20 By 30 Challenge goals for food security?

Hormel Foods aims to deliver 70 million meals and create a food-secure community program by 2030 as part of its 20 By 30 Challenge.

Hormel Foods Corporation

NYSE:HRL

HRL Rankings

HRL Latest News

HRL Stock Data

17.00B
548.36M
0.22%
88.42%
1.52%
Packaged Foods
Meat Packing Plants
Link
United States of America
AUSTIN