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Smithfield Foods, Inc.

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Smithfield Foods, Inc. is in the meat processing and hog production business. It conducts its business through six segments, Pork, Beef, Hog Production (HP), International, Other and Corporate. The company produces more than 50 brands of pork and turkey products and more than 200 gourmet foods. Smithfield employs more than 52,400 individuals globally.

Ticker: SFD ISIN: US8322481081
Address: 200 Commerce Street , USA , Smithfield , VA , 23430 Website: Smithfield Foods, Inc.
Phone #: 1-757-3653000 CSR Web Area: SUBSCRIPTION INFO

Basic Corporate Social Responsibility (CSR) Ratings

  Overall Community Employees Environment Governance
Smithfield Foods, Inc. 55 51 53 61 53
Agriculture & Mining
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All company average 55 55 56 58 52
USA
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Percentile Rankings

Rankings are in percentile terms, compared to other companies in the same industry and country Overall Community Employees Environment Governance
Smithfield Foods, Inc. 48% 30% 35% 58% 49%
Agriculture & Mining
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USA
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Ratings History

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More CSR Rating Details

  Community Employees
Community Dev & Philanthropy Product Human Rights & Supply Chain Compensation & Benefits Diversity & Labor Rights Training, Health & Safety
Smithfield Foods, Inc.
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Agriculture & Mining
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All company average 53 54 55 58 55 55
USA
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Environment Governance
Energy & Climate Change Environmant Policy & Reporting Resource Management Board Leadership Ethics Transparency & Reporting
Smithfield Foods, Inc.
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Agriculture & Mining
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All company average 57 58 57 50 55 51
USA
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Percentile rankings

Rankings are in percentile terms, compared to other companies in the same industry and country Community Employees
Community Dev & Philantrophy Product Human Rights & Supply Chain Compensation & Benefits Diversity & Labor Rights Training, Health & Safety
Smithfield Foods, Inc. 47% 61% 10% 19% 42% 62%
Agriculture & Mining
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USA
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Environment Governance
Energy & Climate Change Environment Policy & Reporting Resource Management Board Leadership Ethics Transparency & Reporting
Smithfield Foods, Inc. 64% 55% 59% 52% 54% 50%
Agriculture & Mining
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USA
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3 Special Issues Affect This Company (see a list of issues here)

Pesticides & Pollutants Military Contractor Animal Test User
# of Sources 3 1 3
# of co. % of co. # of co. % of co. # of co. % of co.
Agriculture & Mining
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Overall database 89 0.9 756 8.1 115 1.2
USA
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CSRHub Has 31 Data Sources (20 Are Currently Active) for This Company

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Original Data Values

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Data source name

Data source element name Minimum value Value provided by datasource Maximum value Data description
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Brand Value / Enterprise Value (%) -48.164682123 0.2768 316.6056 NA
Brand Value 2012 1579.0499 NA
BSI 50 67.8602 88.4717 NA
Domicile UNITED STATES NA
Enterprise Value NA 5705.149 NA NA
Reviewed ? No response NA
Sector Consumer, Non-cyclical NA
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0. Further Information NA For more information, visit www.smithfieldfoods.com and www.smithfieldcommitments.com. These sites also include links to Smithfield Foods' annual Corporate Social Responsibility Reports. NA NA
0.1. Introduction - Please give a general description and introduction to your organization. NA Smithfield Foods is a $13 billion global food company and the world's largest pork processor and hog producer. In the United States, the company is also the leader in numerous packaged meats categories with popular brands including Farmland, Smithfield, E NA NA
5.1e Identified climate change risks driven by changes in other climate-related developments? NA Yes NA NA
5.1f. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; (iii) the costs associated with these actions NA Customers/consumers may develop perceptions relative to climate change that impact the raw materials, packaging, and/or finished products that we produce. This could potentially increase our costs and/or lower demand for our products. The potential financ NA NA
5.1g. Please explain why you do not consider your company to be exposed to risks driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
5.1h. Please explain why you do not consider your company to be exposed to risks driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
5.1i. Please explain why you do not consider your company to be exposed to risks driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
6. Attachments NA NA NA NA
6. Further Information NA NA NA NA
6.1. Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Opportunities driven by changes in regulation; Opportunities driven by changes in physical climate parameters; Opportunities driven by changes in other climate-related developments NA NA
6.1a Identified climate change opportunities that are driven by changes in regulation? NA Yes NA NA
6.1b. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA Opportunities to generate renewable (manure to energy) energy and GHG credits/offsets may have significant potential to attract investment in our company as well as create additional sources of revenue through the sale of renewable energy and/or credits/o NA NA
6.1c Identified climate change opportunities that are driven by changes in physical climate parameters? NA Yes NA NA
14. Attachments NA NA NA NA
6.1d. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA A potential shift in climate could create opportunities to develop operations in areas that provide for lower operational costs through improved proximity to supplies, natural resources, and markets. This is a longer term opportunity that will be depend NA NA
6.1e Identified opportunities that are driven by changes in other climate-related developments? NA Yes NA NA
6.1f. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA Shifting weather patterns may create changes in socio-economics conditions that would potentially increase our customer base and/or demand for our products. The company continues to monitor opportunities where socio-economic conditions may lead to an in NA NA
13. Attachments NA NA NA NA
11. Attachments NA NA NA NA
11. Further Information NA NA NA NA
11.1. Do you consider that the grid average factors used to report Scope 2 emissions in Question 8.3 reflect the contractual arrangements you have with electricity suppliers? NA Yes NA NA
11.1a. You may report a total contractual Scope 2 figure in response to this question. Please provide your total global contractual Scope 2 GHG emissions figure in metric tonnes CO2e 0 NA 17902000 NA
11.2. Has your organization retired any certificates, e.g. Renewable Energy Certificates, associated with zero or low carbon electricity within the reporting year or has this been done on your behalf? NA No NA NA
3.1e. Please explain (i) why not; and (ii) forecast how your emissions will change over the next five years NA NA NA NA
3.2. Does the use of your goods and/or services directly enable GHG emissions to be avoided by a third party? No Yes Yes NA
3.2a. Please provide details (see guidance) NA More efficient packaging and palletizing of finished goods allows third parties that transport/distribute those products to use less fuel and/or make fewer trips, reducing their emissions. Distribution logistics collaborations with customers also results NA NA
3.3c Number of methods used to drive investment in emissions reduction activities. 0 3 12 NA
3.3c. What methods do you use to drive investment in emissions reduction activities? NA Compliance with regulatory requirements/standards, Financial optimization calculations, Internal incentives/recognition programs NA NA
5. Attachments NA NA NA NA
5. Further Information NA NA NA NA
5.1. Have you identified any climate change risks (current or future) that have potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Risks driven by changes in regulation; Risks driven by changes in physical climate parameters; Risks driven by changes in other climate-related developments NA NA
5.1a Identified risks driven by changes in regulation? NA NA NA NA
5.1b. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions NA Depending on regulatory requirements, fines may result and/or the purchase of offsets may be required. Captial investment and increased operating costs may be involved. We are working with policy makers/influencers to address this potential issue in a w NA NA
14. Further Information NA NA NA NA
1.1. Where is the highest level of direct responsibility for climate change within your company? No individual or committee with overall responsibility for climate change Individual/Sub-set of the Board or other committee appointed by the Board Individual/Sub-set of the Board or other committee appointed by the Board NA
1.1a. Please identify the position of the individual or name of the committee with this responsibility NA Sustainability, Community, and Public Affairs Committee NA NA
1.2. Do you provide incentives for the management of climate change issues, including the attainment of targets? No Yes Yes NA
13. Further Information NA NA NA NA
13.1. How do your absolute emissions (Scope 1 and 2 combined) for the reporting year compare to the previous year? Increased Decreased Decreased NA
13.1a (i) If absolute emissions (Scope 1 and 2 combined) have increased, decreased or remained the same overall compared to the previous year, state direction of change NA Significant Decrease NA NA
13.1a (ii) If absolute emissions (Scope 1 and 2 combined) have increased, decreased or remained the same overall compared to the previous year, state the reason for the direction of change NA NA NA NA
13.1a (iii) If emissions have increased, decreased or remained the same overall, provide the emissions value (%) NA Decrease: , Increase: 26 , Emission value for which direction is not stated: NA NA
2.3a. Please explain (i) the engagement process and (ii) actions you are advocating NA The company engages with policy makers at the local, state, and national level by working with individuals, agencies, and organizations that can affect climate policy, in particular, policy that can impact out business. We generally work with these policy NA NA
8.8. Are carbon dioxide emissions from the combustion of biologically sequestered carbon (i.e. carbon dioxide emissions from burning biomass/biofuels) relevant to your company? No Yes Yes NA
8.8a. Please provide the emissions in metric tonnes CO2e 0.01 61715 27263000 NA
Management 4. Attachments NA https://www.cdproject.net/Sites/2012/18/40418/Investor CDP 2012/Shared Documents/Attachments/InvestorCDP2012/4.Communication/smi_csr_11.pdf NA NA
Management 4. Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? NA 2 NA NA
5.1d. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions NA Cost and availability of feed can potentially have a significant impact on the cost of raising hogs and related food products. We continue to work with policymakers and agricultural organizations to assess the potential impact of climate change on the a NA NA
2. Attachments NA NA NA NA
2. Further Information NA NA NA NA
5.1c Identified climate change risks driven by change in physical climate parameters? NA Yes NA NA
2.1. Please select the option that best describes your risk management procedures with regard to climate change risks and opportunities NA Integrated into multi-disciplinary company wide risk management processes NA NA
2.1a. Please provide further details (see guidance) NA The primary assessment of climate change risks and opportunities is based on existing/pending regulatory requirements, potentially applicable technologies, and cost impacts. These issues are addressed broadly across the company, initially by the disciplin NA NA
2.2. Is climate change integrated into your business strategy? No Yes Yes NA
2.2a. Please describe the process and outcomes (see guidance) NA Climate change is reflected through business strategies related to energy (and associated GHG emission reduction targets), along with renewable energy opportunities associated with our food processing and hog farming operations. Sourcing and cost projecti NA NA
2.2b. Please explain why not NA NA NA NA
2.3. Do you engage with policy makers to encourage further action on mitigation and/or adaptation? No Yes Yes NA
3. Attachments NA NA NA NA
3. Further Information NA NA NA NA
3.1. Did you have an emissions reduction target that was active (ongoing or reached completion) in the reporting year? No Intensity target Absolute and intensity targets NA
14.1. Do you participate in any emission trading schemes? No, and we do not currently anticipate doing so in the next two years No, but we anticipate doing so in the next two years Yes NA
14.2. Has your company originated any project-based carbon credits or purchased any within the reporting period? No No Yes NA
6.1g. Please explain why you do not consider your company to be exposed to opportunities driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
6.1h. Please explain why you do not consider your company to be exposed to opportunities driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
6.1i. Please explain why you do not consider your company to be exposed to opportunities driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
7. Attachments NA https://www.cdproject.net/Sites/2012/18/40418/Investor CDP 2012/Shared Documents/Attachments/InvestorCDP2012/7.EmissionsMethodology/FY11 JMFG Stationary_combustion_tool_(Version4).xlsx NA NA
7. Further Information NA For 7.4, worksheets within The Greenhouse Gas Protocol were used. Updated eGrid figures were used for electricity. The emission factors are embeded within those worksheets as attached. NA NA
7.1. Please provide your base year and base year emissions (Scopes 1 and 2) NA NA NA NA
0.4. Currency selection Please select the currency in which you would like to submit your response. All financial information contained in the response should be in this currency. NA USD($) NA NA
1. Attachments NA NA NA NA
1. Further Information NA NA NA NA
8.7. Please indicate the verification/assurance status that applies to your Scope 2 emissions More than 0% but less than or equal to 20% NA More than 90% but less than or equal to 100% NA
11.1b. Explain the basis of the alternative figure (see guidance) NA NA
14.1b. What is your strategy for complying with the schemes in which you participate or anticipate participating? We plan to use internal expertise, project investor knowledge, and consulting services to provide for compliance with emission trading schemes. Our strategy would be to develop manure to energy projects and sell those credits into the trading markets that NA
8.1. Please select the boundary you are using for your Scope 1 and 2 greenhouse gas inventory NA NA NA NA
8.2a. Please provide your gross global Scope 1 emissions figure in metric tonnes CO2e 92 NA 231902967 NA
8.3a. Please provide your gross global Scope 2 emissions figure in metric tonnes CO2e 293 NA 8071070 NA
8.4. Are there are any sources (e.g. facilities, specific GHGs, activities, geographies, etc.) of Scope 1 and Scope 2 emissions which are not included in your disclosure? NA Yes NA NA
8.6. Please indicate the verification/assurance status that applies to your Scope 1 emissions More than 0% but less than or equal to 20% NA More than 90% but less than or equal to 100% NA
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8.7. Please indicate the verification/assurance status that applies to your Scope 2 emissions No third party verification or assurance Proportion of Scope 2 emissions that are verified/assured for 2011-2012/01 Jan 2012 - 31 Dec 2012 reporting period
8.7a. Please indicate the proportion of your Scope 2 emissions that are verified/assured More than 0% but less than or equal to 20% NA More than 90% but less than or equal to 100%
8.7b Reporting Period From/To/Please provide further details of the verification/assurance undertaken, and attach the relevant statements/Type of verification or assurance/Relevant standard/Attach the document No Response
8.8. Are carbon dioxide emissions from biologically sequestered carbon relevant to your organization? No
8.8a. Please provide the emissions in metric tonnes CO2 NA
8.8a. Please provide the emissions in metric tonnes CO2e 0.05 NA 13638000
9.1. Do you have Scope 1 emissions sources in more than one country? No
9.1a Reporting Period From/To/Please complete the table below: Country/Region/Scope 1 metric tonnes CO2e No Response
9.2. Please indicate which other Scope 1 emissions breakdowns you are able to provide (tick all that apply) NA By business division; By facility; By GHG type NA
9.2a Reporting Period From/To/Please break down your total gross global Scope 1 emissions by business division: Business division/Scope 1 emissions (metric tonnes CO2e) 1 May 2012/30 Apr 2013/John Morrell Food Group/141663
9.2b Reporting Period From/To/Please break down your total gross global Scope 1 emissions by facility: Facility/Scope 1 emissions (metric tonnes CO2e) No Response
9.2c Reporting Period From/To/Please break down your total gross global Scope 1 emissions by GHG type: GHG type/Scope 1 emissions (metric tonnes CO2e) No Response
9.2d Reporting Period From/To/Please break down your total gross global Scope 1 emissions by activity: Activity/Scope 1 emissions (metric tonnes CO2e) No Response
9.2e Reporting Period From/To/Please break down your total gross global Scope 1 emissions by legal structure: Legal structure/Scope 1 emissions (metric tonnes CO2e) No Response
0.3. Country list configuration Italy
0.4. Currency selection Please select the currency in which you would like to submit your response. All financial information contained in the response should be in this currency. USD($)
0.4. Please select the currency in which you would like to submit your response. USD($)
0.5. Please select if you wish to complete a shorter information request. NA
0.6. Modules NA As part of the Investor CDP information request, electric utilities, companies with electric utility activities or assets, companies in the automobile or auto component manufacture sectors and companies in the oil and gas industry should complete suppleme
1. Attachments NA NA NA
1. Further Information NA NA NA
1.1. Where is the highest level of direct responsibility for climate change within your company? No individual or committee with overall responsibility for climate change Individual/Sub-set of the Board or other committee appointed by the Board Individual/Sub-set of the Board or other committee appointed by the Board
1.1a. Please identify the position of the individual or name of the committee with this responsibility NA Sustainability, Community, and Public Affairs Committee NA
1.2. Do you provide incentives for the management of climate change issues, including the attainment of targets? No Yes Yes
1.2a. Who is entitled to benefit from these incentives? Business unit managers/Recognition (non-monetary)/Reduced GHG Emissions
10.1. Do you have Scope 2 emissions sources in more than one country? No
10.1a Reporting Period: From/To/Please complete the table below: Country/Region/Scope 2 metric tonnes CO2e/Purchased and consumed electricity, heat, steam or cooling (MWh)/Purchased and consumed low carbon electricity, heat, steam or cooling (MWh) No Response
10.2. Please indicate which other Scope 2 emissions breakdowns you are able to provide (tick all that apply) NA By business division; By facility NA
10.2a Reporting Period From/To/Please break down your total gross global Scope 2 emissions by business division: Business division/Scope 2 emissions (metric tonnes CO2e) 1 May 2012/30 Apr 2013/John Morrell Food Group/314094
10.2b Reporting Period From/To/Please break down your total gross global Scope 2 emissions by facility: Facility/Scope 2 emissions (metric tonnes CO2e) 1 May 2012/30 Apr 2013/Elizabeth, NJ/286
10.2c Reporting Period: From/To/Please break down your total gross global Scope 2 emissions by activity: Activity/Scope 2 emissions (metric tonnes CO2e) No Response
10.2d Reporting Period: From/To/Please break down your total gross global Scope 2 emissions by legal structure: Legal structure/Scope 2 emissions (metric tonnes CO2e) No Response
11. Attachments NA NA NA
11. Further Information NA NA NA
11.1. What percentage of your total operational spend in the reporting year was on energy? More than 0% but less than or equal to 5% More than 0% but less than or equal to 5% More than 95% but less than or equal to 100%
11.2. Please state how much fuel, electricity, heat, steam, and cooling in MWh your organization has purchased and consumed during the reporting year: Energy type/MWh Fuel/2240003;Electricity/1270217;Heat/;Steam/;Cooling/
11.3. Please complete the table by breaking down the total "Fuel" figure entered above by fuel type: Fuels/MWh Distillate fuel oil No 6/576
11.4. Please provide details of the electricity, heat, steam or cooling amounts that were accounted at a low carbon emission factor: Basis for applying a low carbon emission factor/MWh associated with low carbon electricity, heat, steam or cooling No purchases or generation of low carbon electricity, heat, steam or cooling/
12. Attachments NA
12. Further Information NA
12.1. How do your absolute emissions (Scope 1 and 2 combined) for the reporting year compare to the previous year? Increased
12.1a Reason of change Emissions reduction activities, Divestment, Acquisitions, Mergers, Change in output, Change in methodology, Change in boundary, Change in physical operating conditions, Unidentified, Other
12.1a. Reason: Emissions value (percentage) Emissions reduction activities: 2/Change in output: 3/
12.2. Please describe your gross combined Scope 1 and 2 emissions for the reporting year in metric tonnes CO2e per revenue: Intensity figure/Metric numerator/% change from previous year/Direction of change from previous year/Reason for change 8.983E-05/metric tonnes CO2e/21.51/Decrease/Absolute emissions increased slightly, but were more than offset by increases in revenue due to increased production.
12.3. Please describe your gross combined Scope 1 and 2 emissions for the reporting year in metric tonnes CO2e per FTE: Intensity figure/Metric numerator/% change from previous year/Direction of change from previous year/Reason for change 25.82/metric tonnes CO2e/1.53/Increase/Same number of employees, but slight increase in emissions.
12.4. Please provide an additional intensity (normalized) metric that is appropriate to your business operations: Intensity figure/Metric numerator/% change from previous year/Direction of change from previous year/Reason for change 0.0142/metric tonnes CO2e/2.07/Decrease/Improved efficiencies based on reduction efforts and better capacity utilization.
13.1. Do you participate in any emissions trading schemes? No, and we do not currently anticipate doing so in the next 2 years
13.1b. What is your strategy for complying with the schemes in which you participate or anticipate participating? NA
13.2. Has your company originated any project-based carbon credits or purchased any within the reporting period? No
14. Attachments NA NA NA
14. Further Information NA NA NA
14.1. Do you participate in any emission trading schemes? No, and we do not currently anticipate doing so in the next two years No, and we do not currently anticipate doing so in the next 2 years Yes
14.1b. What is your strategy for complying with the schemes in which you participate or anticipate participating? NA
14.2. Has your company originated any project-based carbon credits or purchased any within the reporting period? No No Yes
14.2. Please indicate the verification/assurance status that applies to your Scope 3 emissions No emissions data provided
14.2a. Please indicate the proportion of your Scope 3 emissions that are verified/assured NA
14.3. Are you able to compare your Scope 3 emissions for the reporting year with those for the previous year for any sources? No, we don't have any emissions data
14.4. Do you engage with any of the elements of your value chain on GHG emissions and climate change strategies? (Tick all that apply) Yes, our suppliers; Yes, our customers
14.4a. Please give details of methods of engagement, your strategy for prioritizing engagements and measures of success We engage with packaging suppliers on minimizing the amount of material and waste associated with using their products, focusing primarily on suppliers where we have the highest spend. We typically measure results in cost savings, which were over $6.4 mil
14.4d. Please explain why not and any plans you have to develop an engagement strategy in the future NA
2. Attachments NA NA NA
2. Further Information NA NA NA
2.1. Please select the option that best describes your risk management procedures with regard to climate change risks and opportunities NA Integrated into multi-disciplinary company wide risk management processes NA
2.1a. Please provide further details In 2012, Smithfield conducted a formal Enterprise Risk Management Assessment based on the Committee of Sponsoring Organizations of the Treadway Commission ERM Integrated Framework. Although not specific to climate change, the Assessment did identify commo
2.1a. Please provide further details (see guidance) NA In 2012, Smithfield conducted a formal Enterprise Risk Management Assessment based on the Committee of Sponsoring Organizations of the Treadway Commission ERM Integrated Framework. Although not specific to climate change, the Assessment did identify commo NA
2.2. Is climate change integrated into your business strategy? No Yes Yes
2.2a. Please describe the process and outcomes Climate change is reflected through business strategies related to energy (and associated GHG emission reduction targets), along with renewable energy opportunities associated with our food processing and hog farming operations. Sourcing and cost projecti
2.2a. Please describe the process and outcomes (see guidance) NA Climate change is reflected through business strategies related to energy (and associated GHG emission reduction targets), along with renewable energy opportunities associated with our food processing and hog farming operations. Sourcing and cost projecti NA
2.2b. Please explain why not NA NA NA
2.3. Do you engage in activities that could either directly or indirectly influence policy on climate change through any of the following? (tick all that apply) Yes
2.3. Do you engage with policy makers to encourage further action on mitigation and/or adaptation? No No Yes
2.3a. On what issues have you been engaging directly?: Focus of legislation/Corporate Position/Details of engagement/Proposed solution Clean energy generation/Support with minor exceptions/We have worked with legislatures and government agencies in support of programs that provide incentives for the production of energy from byproducts generated by our hog production and meat processing
2.3a. Please explain (i) the engagement process and (ii) actions you are advocating NA We have worked with legislatures and government agencies in support of programs that provide incentives for the production of energy from byproducts generated by our hog production and meat processing operations. Technologies are available that reduce the NA
2.3b. Are you on the Board of any trade associations or provide funding beyond membership? No
2.3c. Please enter the details of those trade associations that are likely to take a position on climate change legislation/Trade association NA
2.3d. Do you publically disclose a list of all the research organizations that you fund? NA
2.3e. Do you fund any research organizations to produce public work on climate change? NA
2.3f. Please describe the work and how it aligns with your own strategy on climate change NA
2.3g. Please provide details of the other engagement activities that you undertake Smithfield Foods participates in the environmental committees of organizations such as the American Meat Institute, the Global Environmental Management Inititative, and the Grocery Manufacturers Association to impact policy and legislation that may affect
2.3h. What processes do you have in place to ensure that all of your direct and indirect activities that influence policy are consistent with your overall climate change strategy? Our Chief Sustainability Officer is also responsible for Government Affairs. As such, he is aware of the company's policy engagement activities as well as our overall climate change strategy.
2.3i. Please explain why you do not engage with policy makers NA
3. Attachments NA NA NA
3. Further Information NA NA NA
3.1. Did you have an emissions reduction target that was active (ongoing or reached completion) in the reporting year? No Intensity target Absolute and intensity targets
3.1a. Absolute target/ID/Scope/% of emissions in scope/% reduction from base year/Base year/Base year emissions (metric tonnes CO2e)/Target year/Comment No Response
3.1b. Intensity target/ID/Scope/% of emissions in scope/% reduction from base year/Metric/Base year/Normalized base year emissions/Target year/Comment I001/Scope 1+2/100/10/Other: metric tonnes CO2e per 100 pounds of product produced/2007/0.0161/2015/Target is actually based on company fiscal years (May 1 - April 30).
3.1c. What change in absolute emissions this intensity target reflects/ID/Direction of change anticipated in absolute Scope 1+2 emissions at target completion?/% change anticipated in absolute Scope 1+2 emissions A001/Decrease/10/No change/0/Although our absolute and intensity-based emissions are not directly proportional, the correlation is very strong. Scope 3 emissions are not the focus of our current targets.
3.1d. Please provide details on your progress against this target made in the reporting year/ID/% complete (time)/% complete (emissions)/Comment I001/60/100/GHG emissions, based on our intensity target, are reduced 14% from our baseline, exceeding our 10% reduction goal 2 years in advance of our target date.
3.1e. Please explain (i) why not; and (ii) forecast how your emissions will change over the next five years NA NA NA
3.2. Does the use of your goods and/or services directly enable GHG emissions to be avoided by a third party? No Yes Yes
3.2a. Please provide details (see guidance) NA More efficient packaging and palletizing of finished goods allows third parties that transport/distribute those products to use less fuel and/or make fewer trips, reducing their emissions. Distribution logistics collaborations with customers and suppliers NA
3.3. Did you have emissions reduction initiatives that were active within the reporting year (this can include those in the planning and/or implementation phases) No Yes Yes
3.3a. Please identify the total number of projects at each stage of development, and for those in theimplementation stages, the estimated CO2e savings/Stage of development/3.3a. Number of projects/Total estimated annual CO2e savings in metric tonnes CO2e Under investigation//
3.3c Number of methods used to drive investment in emissions reduction activities. 0 3 13 Number of methods used to drive investment in emissions reduction activities.
3.3c. What methods do you use to drive investment in emissions reduction activities? NA Compliance with regulatory requirements/standards, Financial optimization calculations, Internal incentives/recognition programs NA
3.3c. What methods do you use to drive investment in emissions reduction activities?/Comment Compliance with regulatory requirements/standards/Regulatory requirements are reviewed on an ongoing basis. If an emission reduction is required, then an investment is made to address that requirement.
4. Attachments NA
4. Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? - Further Information NA
4.1. Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? 2 The number of corporate annual reports and voluntary publications (complete and/or underway) made about the company’s response to climate change and GHG emissions performance
5. Attachments NA NA NA
5. Further Information NA NA NA
5.1. Have you identified any climate change risks (current or future) that have potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Risks driven by changes in regulation; Risks driven by changes in physical climate parameters; Risks driven by changes in other climate-related developments NA
5.1a. Climate change risks driven by changes in regulation Yes
5.1a. Please describe your risks driven by changes in regulation /ID/Risk driver/ Description/Potential impact/Timeframe/Direct/Indirect/Likelihood/Magnitude of impact /Uncertainty surrounding new regulation/Emissions from our processing facilities and hog farming operations may be regulated going forward. The requirements of these potential regulations, as well as how emissions will be determined/limited is uncertain a
5.1b. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk and (iii) the costs associated with these actions Depending on regulatory requirements, fines may result and/or the purchase of offsets may be required. Captial investment and increased operating costs may be involved. We are working with policy makers/influencers to address this potential issue in a w
5.1c. Climate change risks driven by change in physical climate parameters Yes
5.1c. Please describe your risks that are driven by change in physical climate parameters/ID/Risk driver/Description/Potential impact/Timeframe/Direct/Indirect/Likelihood/Magnitude of impact /Change in precipitation extremes and droughts/Sourcing for feed grains and associated costs may be affected as climate varies and changes./Increased operational cost/6-10 years/Indirect (Supply chain)/More likely than not/Medium
5.1d. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions NA Cost and availability of feed can potentially have a significant impact on the cost of raising hogs and related food products. We continue to work with policymakers and agricultural organizations to assess the potential impact of climate change on the a NA
5.1e. Please describe your risks that are driven by changes in other climate-related developments/ID/Risk driver/Description/Potential impact/Timeframe/Direct/Indirect/Likelihood/Magnitude of impact 1/Change in mean (average) temperature/the region is a relatively hotter region and relatively very low precipitation. The risk is more on keeping the temperature lower in accordance to product storage and processing requirement as well as employee occupa
5.1e.Climate change risks driven by changes in other climate-related developments Yes
5.1f. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; (iii) the costs associated with these actions NA Customers/consumers may develop perceptions relative to climate change that impact the raw materials, packaging, and/or finished products that we produce. This could potentially increase our costs and/or lower demand for our products. The potential financ NA
5.1g. Please explain why you do not consider your company to be exposed to risks driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
5.1h. Please explain why you do not consider your company to be exposed to risks driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
5.1i. Please explain why you do not consider your company to be exposed to risks driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
6. Attachments NA NA NA
6. Further Information NA NA NA
6.1. Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Opportunities driven by changes in regulation; Opportunities driven by changes in physical climate parameters; Opportunities driven by changes in other climate-related developments NA
6.1. Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? -Transparency Yes
6.1a Identified climate change opportunities that are driven by changes in regulation? NA Yes NA
6.1a. Please describe your opportunities that are driven by changes in regulation/ID/Opportunity driver/Description/Potential impact/Timeframe/Direct/Indirect/Likelihood/Magnitude of impact /Cap and trade schemes/Cap and trade type schemes may lead to profitable opportunities related to renewable energy and GHG mitigation, particularly for biogas generated by our processing plants and hog farming operations./Investment opportunities/1-5 year
6.1b. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity and (iii) the costs associated with these actions Opportunities to generate renewable (waste/manure to energy) energy and GHG credits/offsets may have significant potential to attract investment in our company as well as create additional sources of revenue through the sale of renewable energy and/or cre
6.1c. Please describe the opportunities that are driven by changes in physical climate parameters Yes
6.1d. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity and (iii) the costs associated with these actions A potential shift in climate could create opportunities to develop operations in areas that provide for lower operational costs through improved proximity to supplies, natural resources, and markets. This is a longer term opportunity that will be depend
6.1e. Please describe the opportunities that are driven by changes in other climate-related developments Yes
6.1f. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA Shifting weather patterns may create changes in socio-economics conditions that would potentially increase our customer base and/or demand for our products. The company continues to monitor opportunities where socio-economic conditions may lead to an in NA
6.1g. Please explain why you do not consider your company to be exposed to opportunities driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
6.1h. Please explain why you do not consider your company to be exposed to opportunities driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
6.1i. Please explain why you do not consider your company to be exposed to opportunities driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
7. Attachments NA NA NA
7. Further Information NA NA NA
7.1. Please provide your base year and base year emissions (Scopes 1 and 2)/7.1. Base year From Date:/To Date:/ Scope 1 Base year emissions (metric tonnes CO2e)/N39Scope 2 Base year emissions (metric tonnes CO2e) 2007-05-01/2008-04-30/411562/834809
7.2. Please give the name of the standard, protocol or methodology you have used to collect activity data and calculate Scope 1 and Scope 2 emissions NA The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (Revised Edition) NA
7.3. Please give the source for the global warming potentials you have used Gas/Reference CO2/IPCC Fourth Assessment Report (AR4 - 100 year)
7.4. Please give the emissions factors you have applied and their origin; alternatively, please attach an Excel spreadsheet with this data Fuel/Material/Energy/Emission Factor/Unit/Reference ///GHG Protocol
8.1. Please select the boundary you are using for your Scope 1 and 2 greenhouse gas inventory NA Operational control NA Boundary used for Scope 1 and 2 greenhouse gas inventory during 2011-2012/01 Jan 2012 - 31 Dec 2012 reporting period
8.2. Please provide your gross global Scope 1 emissions figure in metric tonnes CO2e 412359 Gross global Scope 1 emissions figure in metric tonnes CO2e for 2011 - 2012/01 Jan 2012 - 31 Dec 2012 reporting period
8.2. Please provide your gross global Scope 1 emissions figures in metric tonnes CO2e 412359
8.3. Please provide your gross global Scope 2 emissions figures in metric tonnes CO2e 775245
8.4. Are there are any sources (e.g. facilities, specific GHGs, activities, geographies, etc.) of Scope 1 and Scope 2 emissions which are not included in your disclosure? NA Yes NA Proportion of Scope 1 emissions that are verified/assured for 2011 - 2012/01 Jan 2012 - 31 Dec 2012 reporting period
8.4a Reporting Period From/To/Source/Scope/Explain why the source is excluded 1 May 2012/30 Apr 2013/Hog farms/Scope 1 and 2/A generally accepted methodology to calculate GHG emissions from hog farming operations is not currently available. Scope 1 &amp; 2 emissions from energy consumption are not significant (estimated at <1% of c
8.5 Reporting Period From/To/Please estimate the uncertainty of the total gross global Scope 1 and 2 emissions figures that you have supplied and specify the sources of uncertainty in your data gathering, handling and calculations/Scope 1 emissions No Response
8.6. Please indicate the verification/assurance status that applies to your Scope 1 emissions No third party verification or assurance Proportion of Scope 1 emissions that are verified/assured for 2011 - 2012/01 Jan 2012 - 31 Dec 2012 reporting period
8.6a. Please indicate the proportion of your Scope 1 emissions that are verified/assured More than 0% but less than or equal to 20% NA More than 90% but less than or equal to 100%
8.6b Reporting Period From/To/Please provide further details of the verification/assurance undertaken, and attach the relevant statements: Type of verification or assurance/Attach the document No Response
0. Attachments NA NA NA If you have not been presented with a sector module that you consider would be appropriate for your company to answer, please select the module below. If you wish to view the questions first, please see https://www.cdproject.net/en-US/Programmes/Pages/Mor
0. Further Information NA NA NA If you are in these sectors (according to the Global Industry Classification Standard (GICS)), the corresponding sector modules will be marked as default options to your information request. If you want to query your classification, please email respond@c
0.1. Introduction - Please give a general description and introduction to your organization. NA Smithfield Foods is a $13 billion global food company and the world's largest pork processor and hog producer. In the United States, the company is also the leader in numerous packaged meats categories with popular brands including Farmland, Armour, Cook' NA
0.1. Please give a general description and introduction to your organization. Smithfield Foods is a $13 billion global food company and the world's largest pork processor and hog producer. In the United States, the company is also the leader in numerous packaged meats categories with popular brands including Farmland, Armour, Cook'
0.2. Please state the start and end date of the year for which you are reporting data. 2012-05-01
SUBSCRIPTION INFO
Sum of Biogenic CO2 emissions 2.9 NA 23623772.5 Total biogenic CO2 emissions.
Sum of CO2 emissions (non-biogenic) 0.3 235598.3 53858607.2 Total non-biogenic CO2 emissions
Sum of Gases with No Listed GWP (metric tons) 0.3397 NA 1036.4
Sum of HFC emissions 2558.79 NA 19215.8
Sum of HFE emissions NA NA
Sum of Methane (CH4) emissions 0.21 91.56 2491216.14 Total methane emissions
Sum of NF3 emissions 5332 NA 21231.68
Sum of Nitrous Oxide (N2O) emissions 0.31 135.16 10675387.54
Sum of PFC emissions 33930.1 NA 1221318.27
Sum of SF6 emissions 4254.2 NA 153581.4
Total reported direct emissions 30.03 235825.02 54200390.452 Total emissions of CO2 and other gases in metric tons.
Industry Description NA NA Description of the type of industry the facility serves.
Is Some CO2 captured on-site and therefore not emitted? N NA Y Indicates if all CO2 is emitted or if some is sequestered.
Number of reporting facilities 1 2 50 Number of facilities reported to the EPA.
Percentage of facilities that emit pollutants 2 50 100 Percent of reporting facilities that emit pollutants other than CO2.
Percentage of facilities that employ continuous emissions monitoring 6 NA 100
Glassdoor
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ceo:numberOfRatings 1 17 4026 The number of ratings of the CEO
ceo:pctApprove 0 59 100 Percent of ratings of the CEO that were approving
ceo:title NA The title of the company's CEO
employer:numberOfRatings 1 34 6549 The number of Glassdoor users who have rated this company as a place to work.
Glassdoor Employer Ratings 1 2.9 5 The Top Companies for Work-Life Balance list is based on employee feedback shared in company reviews on Glassdoor.
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Report reference ISO Standards? NA No NA NA
Sector NA Metals Products NA NA
Country (HQ) NA Sweden NA NA
Know The Chain
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Industry Packaged Foods and Meats The company's industry sector
Public Note NA Comments on any public note about the statement
Sector Consumer Staples The company's industry sector
Statement http://www.smithfieldfoods.com/media/3050/california_transparency_in_supply_chains_act_disclosure.pdf The company's statement location
Statement--Trasparency No Yes Yes Companies with a posted statement addressing at least three of the five SB-657 requirements are awarded a check mark.
Website http://www.smithfieldfoods.com/ The company's web site
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Disclosure 0 88.7 100 Environmental disclosure was included as a stand-alone score to assess each company’s transparency with regard to its environmental performance. Specifically, this score evaluates the breadth and quality of company environmen
Green Score 21.4 49.1 82.9 NA
Envtl. Mgmt. 21.3 69 91.9 Based on an analysis of companies tracked in Sustainalytics’ Global Platform, the Environmental Management Score is an assessment of how a company manages its environmental performance through policies, programs, targets, certifications, and the like. To
Envtl. Impact 0 20.4 89 Based on data compiled by Trucost, this is a comprehensive, quantitative, and standardized measurement of the overall environmental impact of a company’s global operations. More than 700 metrics—including emissions of nine key greenhouse gases, water use,
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Corporate Governance 3 1 0 The scores for each ESG scope issue ranges from 0-3. The scoring refers to the number of times the company was criticized in relation to that scope issue: 0 = little or no exposure in the past 4 years; 1 = 5 direct relations in the past 4 years; 2 = 10 direct relations in the past 4 years; 3 = 20 direct relations in the past 4 years.
Current RRI 86 16 0 The RepRisk Index (RRI) is a quantitative risk measure that captures criticism and quantifies a company's exposure to controversial environmental, social and governance (ESG) issues. It does not measure a company's overall reputation, but rather is an indicator of their reputational risk.The Current RRI value indicates the current level of criticism about a company.
Employee Relations 3 0.6 0 The scores for each ESG scope issue ranges from 0-3. The scoring refers to the number of times the company was criticized in relation to that scope issue: 0 = little or no exposure in the past 4 years; 1 = 5 direct relations in the past 4 years; 2 = 10 direct relations in the past 4 years; 3 = 20 direct relations in the past 4 years.
Environmental FootPrint 3 2.3 0 The scores for each ESG scope issue ranges from 0-3. The scoring refers to the number of times the company was criticized in relation to that scope issue: 0 = little or no exposure in the past 4 years; 1 = 5 direct relations in the past 4 years; 2 = 10 direct relations in the past 4 years; 3 = 20 direct relations in the past 4 years.
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Weighted score 1.2 4.2 5.9

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