Hormel Foods
Corporate Bias Rating
Expand Summary
Risk Level:
Summary:
Hormel Foods scored a 100 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Hormel Foods increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Hormel Foods forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Hormel Foods has used corporate funds to support ideological organizations. For these reasons, Hormel Foods receives a High Risk rating.
View Full Corporate Bias Ratings ReportShareholder Proposals
Expand Summary
Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
1/31/23 | Social | The Shareholder Commons | Comply with World Health Organization guidelines on antimicrobial use throughout its supply chains | Against | 5.88% |