Smithfield Foods Donates $25,000 to Expand Environmental

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
47
Smithfield Foods Donates $25,000 to Expand Environmental Sustainability Research

SMITHFIELD, Va., Feb. 14, 2019 (GLOBE NEWSWIRE) -- The Smithfield Foundation , the philanthropic arm of Smithfield Foods, Inc. , is pleased to announce a donation of $25,000 to continue its partnership with the University of Minnesota’s NorthStar Initiative for Sustainable Enterprise (NorthStar), a nonprofit research entity that aims to improve the understanding of sustainability within global production and consumption systems, and to develop research and tools to improve the sustainability of these systems.

Smithfield’s contribution to NorthStar will help facilitate further research on the supply chain models the company utilizes throughout its operations, giving Smithfield valuable tools and insights to leverage as part the company’s robust sustainability program and to help achieve its industry-leading carbon reduction goal of reducing greenhouse gas (GHG) emissions 25 percent by 2025. Smithfield began its partnership with NorthStar in 2015.

“We are pleased to contribute to the University of Minnesota’s NorthStar Initiative and to continue our research partnership,” said Stewart Leeth, vice president of regulatory affairs and chief sustainability officer for Smithfield Foods and vice president of the Smithfield Foundation. “The University’s research and analysis have been key to our efforts in meeting our industry-leading GHG goal and this partnership will help us continue that strategy and to further our mission of producing good food in a responsible way.”

In December of 2016, Smithfield became the first major protein company to announce a far-reaching GHG reduction goal throughout its entire supply chain, from feed grain to packaged bacon, by 2025. This goal was established in concert with the Environmental Defense Fund (EDF), a leading environmental nonprofit organization that has partnered with Smithfield to help set and achieve the company’s sustainability initiatives. Smithfield collaborated with NorthStar to estimate its GHG footprint and, utilizing its vertically integrated supply chain, determined key changes to production at each stage of the supply chain that would create the largest impact.

“We are thrilled to maintain our partnership with Smithfield to further provide research and intelligence that has the ability to make a difference, rather than simply provide information,” said Jennifer Schmitt, lead scientist and program director for the University of Minnesota’s NorthStar Initiative. “Our data has supported Smithfield in the past and the company has proven to be a fantastic partner who ultimately looks to make positive changes for its business and the industry overall.”

Smithfield’s contribution to NorthStar will support further data research and policy focused on sustainability, as well as production consumption systems that ensure consumer health and food security.

About Smithfield Foods Smithfield Foods is a $15 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 Smithfield ® , Eckrich ® , Nathan’s Famous ® , Farmland ® , Armour ® , Farmer John ® , Kretschmar ® , John Morrell ® , Cook’s ® , Gwaltney ® , Carando ® , Margherita ® , Curly’s ® , Healthy Ones ® , Morliny ® , Krakus ® , and Berlinki ® . Smithfield Foods is committed to providing good food in a responsible way and maintains robust animal care, community involvement, employee safety, environmental and food safety and quality programs. For more information, visit www.smithfieldfoods.com , and connect with us on Facebook , Twitter , LinkedIn , and Instagram . 

About the University of Minnesota’s NorthStar Initiative for Sustainable Enterprise The NorthStar Initiative for Sustainable Enterprise (NorthStar) works with scholars and practitioners to improve the understanding of sustainability within global production and consumption systems and to develop research and tools to improve the sustainability of these systems. Through ongoing dialogue and collaboration between researchers and practitioners NorthStar has found that it becomes possible to achieve the twofold objectives of rigorous scientific output and relevant, accessible information for decision-making. For more information, visit northstar.umn.edu .

Media Contacts:

Smithfield Foods, Inc. Lisa Martin lvmartin@smithfield.com   (757) 365-1980

University of Minnesota Jennifer Schmitt jenniferschmitt@umn.edu    (612) 626-3637 

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Ipsen's Kayfanda® Receives EU Approval for Alagille Syndrome Treatment

Updated Category News Views 67

Kayfanda® Receives Approval for Treatment in the EU Ipsen has made a noteworthy advancement in pediatric healthcare with the recent authorization of Kayfanda® (odevixibat) in the European Union (EU). This innovative treatment specifically addresses cholestatic pruritus, a painful symptom linked to Alagille Syndrome, a rare liver disorder that affects children. This...

Continue Reading
Discover the Remarkable Returns of Vulcan Materials Stock

Updated Category News Views 144

Unveiling Vulcan Materials Company Stock Performance Vulcan Materials Co. (NYSE: VMC) has been a noteworthy performer in the stock market over the past 15 years, surpassing market expectations with a commendable annual return of 15.1%. This stock has consistently outperformed the market, achieving an admirable 2.86% advantage annually. With a current market capitalization...

Continue Reading
AeroPress Launches Premium Coffee Press with Elegant Design

Updated Category News Views 332

AeroPress introduced its Premium coffee press back in 2024, and you can bet the market was watching closely. With a retail price of $149.95, this isn’t just another brewing tool; it’s a statement piece designed for those who take their morning ritual seriously. Traders buzzed about how this could impact sales in a saturated market where every new gadget fights for...

Continue Reading
Investigation Update: Walgreens Boots Alliance Class Action Lawsuit

Updated Category News Views 327

Overview of the Walgreens Boots Alliance Class Action Levi & Korsinsky, LLP has raised awareness among investors regarding a class action securities lawsuit involving Walgreens Boots Alliance, Inc. This company, known for its extensive pharmaceutical and retail operations, is currently facing legal challenges that could significantly impact its investors. Class Definition...

Continue Reading
Savillex Strengthens Market Position with New Acquisition

Updated Category News Views 38

Savillex Acquires Optimum Processing to Enhance Offerings Thompson Street Capital Partners (TSCP) is proud to announce that its portfolio company, Savillex, has completed the acquisition of Optimum Processing, Inc. This strategic move is expected to elevate Savillex's position in the marketplace by combining its innovative fluid handling solutions with Optimum...

Continue Reading