SOURCE Smithfield Foods, Inc.
Last update: 3:32 p.m. EDT Aug. 6, 2008
The 96-page report discusses Smithfield Foods' performance
in environmental stewardship, animal welfare, food safety, community
engagement, and employee well-being -- the CSR areas the company believes are
most important to it and to its stakeholders. The content focuses primarily on
calendar year 2007 but includes fiscal year 2008 financial information and
discussion of some key developments that occurred in early 2008. Smithfield
Foods' fiscal year runs from May through April. The report is available on the
internet at http://www.smithfieldfoods.com/responsibility/reports.aspx.
"In the face of difficult economic times, we remain committed to demonstrating CSR leadership in our industry. While we are proud of what we have already accomplished, we recognize that our work is far from over. The bar for leadership continues to rise, and with it, the challenge of meeting our pledge to produce good food, responsibly," said C. Larry Pope, president and chief executive officer of Smithfield Foods.
"Proactively addressing CSR issues has positioned us to
respond to rising societal interest and will continue to advance our goal of
becoming the most trusted, respected, and ethical food industry leader,"
he continued.
"We are pleased to share our corporate social
responsibility progress in this report, which highlights our commitments,
improvements, and goals. We believe we have taken significant steps over the
past year and demonstrated our commitment to acting responsibly on important
issues," added Dennis H. Treacy, vice president,
environmental and corporate affairs.
With sales of $11 billion, Smithfield Foods is the leading
processor and marketer of fresh pork and packaged meats in the
SOURCE Smithfield Foods, Inc.
marketwatch.com