December 8, 2020
Tyson Foods moves up list of most responsible US companies
Tyson Foods, Inc. has moved up in the ranks of Newsweek's annual list of America's most responsible companies.
The company is ranked 29th in the 2021 list compared to 158th in 2020, and is number four in the consumer goods category versus 19th last year.
"We're proud to be recognised for our efforts to protect our team members, support our communities and sustain the planet," said Dean Banks, president and CEO of Tyson Foods. "Our ambition is to be the most sustainable and transparent food company in the world, and we will continue to strengthen our position as a global protein authority."
Companies ranked in the list were selected based on publicly available key performance indicators derived from CSR reports, sustainability reports and corporate citizenship reports as well as an independent survey of US residents. The detailed analysis covered three areas of corporate social responsibility, including environmental, social and corporate governance.
The list recognises the top 400 most responsible companies in the United States across 14 different industry subcategories.
Tyson Foods' top priority is the health and safety of its workers. The company has spent hundreds of millions of dollars to transform its US facilities with protective measures, from walk-through temperature scanners and workstation dividers to social distance monitors and always-on testing, as well as provide additional team member pay and benefits. It is also working with outside health experts, expanding its health services staff, adding a chief medical officer position and plans to pilot health clinics for team members and their families early next year.
Tyson Foods is grounded by its purpose of raising the world's expectation for how much good food can do, the company said. As noted in its annual sustainability report, "We want to make a difference in the environment, in our workplace, the communities in which we operate and in animal welfare — so that we can sustainably feed the world together."
Tyson Foods has a science-based target aimed at reducing greenhouse gas emissions across the company's entire supply chain 30% by 2030 and was the first US protein company to have a target recognised and accepted by the science-based target initiative.
In 2020, the company donated more than 30 million pounds of food to fight hunger during the pandemic. It also announced its work with cattle ranchers in the largest beef transparency programme in the US.
Tyson Foods recently ranked 14th in Human Resource Executive's Most Admired Companies for HR rankings, up 78 spots from its 2019 ranking. The list recognises company leadership in human resources management, product/service quality, innovation and people management.