Hormel Foods Corporation
HRL
Consumer Staples
4
exclusion reasons
3 themes
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Hormel Foods has set a Science Based Targets initiative (SBTi) commitment to reduce absolute greenhouse gas emissions by 50% from operations and 27.5% across its value chain by 2030. However, the company offers only limited disclosure of its climate-related lobbying activities and does not appear to be substantively engaged on climate policy. This lack of transparency and engagement, particularly for a major agricultural producer with significant supply chain emissions, raises questions about the robustness of its climate governance and its alignment with the ambition of its stated targets.
OSHA Inspection 1819474.015 (Sep 2025): 3 Serious citations for lockout/tagout and machine guarding failures at Hormel facility
Class-action lawsuits filed 2025 allege violation of sick leave laws and denial of earned safe sick time.
FAIRR Initiative - Hormel Foods Corporation; Pork, poultry, beef processing; part of $114M industry pork price-fixing settlement; FAIRR Protein Producer Index assessed Sep 2025
Research Sources
4 organizations
Related Exclusions
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.