Smithfield Foods Included in FTSE4Good Index for Sixth Consecutive Year
Smithfield Foods, Inc. is once again a member company of the FTSE4Good Index, the responsible investment index calculated by global index provider FTSE Group. Smithfield was originally named to the FTSE4Good Index in 2006.
The FTSE4Good Index Series was designed to measure the performance of companies that meet globally recognized corporate responsibility standards.
"Smithfield continues to focus with increasing intensity on its environmental, social and governance practices," said Dennis H. Treacy, senior VP of corporate affairs and chief sustainability officer.
In the latest FTSE4Good environmental, social and governance (ESG) ratings, Smithfield received an overall ESG supersector relative rating score of 85 out of 100. The score measures performance on a number of themes, including environmental management, climate change, human and labor rights, and corporate governance.