USA, Austin. Hormel Foods has announced its aim to match 100% of its global energy use with renewable sourcing by 2030, as part of its new set of sustainability goals. The new environmental targets form part of the company’s challenge to achieve 20 corporate responsibility goals by 2030.
Other commitments include establishing science-based greenhouse gas emissions reduction targets by 2023 and taking action across its supply chain to improve water quality, including the support of regenerative agriculture initiatives.
The targets follow the Minnesota-based corporation’s previous set of sustainability goals in which it achieved significant reductions in its packaging, non-renewable energy use, greenhouse gas emissions, water use and solid waste sent to landfills. For example, the company says it surpassed its goal to reduce product packaging by 25 mill. pounds by 2020. In 2019, the company announced its aim to become powered by almost 50% wind power and signed a virtual power purchase agreement for wind energy with Kinect Energy Group. Hormel Foods aims to release further targets that are part of its 20 By 30 Challenge in future announcements, including goals surrounding education, community and food security.