Ethics & Conduct
Hormel Foods has a Code of Ethical Business Conduct that establishes basic principles to guide all employees, officers and directors of the company. Beyond obeying the laws of the cities, states and countries in which we operate, our Code is aligned with the corporate values stated in Our Way.
In it, we clearly state our zero tolerance for illegal political contributions, insider trading or activity that violates federal antitrust regulations. Also, we commit to being transparent, timely and accurate in our financial reporting, complying with prescribed accounting, internal accounting, and auditing procedures and controls at all times.
This code also describes our commitment to other areas of our business, which we report on in more detail in other areas of this report, including diversity in the workplace, safety of our employees and the integrity of our products. It is essential that our Code of Ethical Business Conduct is communicated to all employees. To ensure that it is understood throughout the company, we require that all employees read through and sign the code during their orientation with the company. Our employees are encouraged to call 1-800-750-4972 if they see anything that does not fit Our Way. This hotline is operated by an independent third-party organization.
View the performance section on page 46 of the full report [PDF].