SMITHFIELD, Va., Aug. 6 /PRNewswire-FirstCall/ -- Smithfield Foods, Inc.
(NYSE: SFD) announced today that it issued a new corporate social
responsibility (CSR) report. The report is the seventh in a series of CSR and
Environmental Annual Reports that the company has published beginning in 2001.
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 United States, as well as the
largest producer of hogs. For more information, visit
http://www.smithfieldfoods.com
SOURCE Smithfield Foods, Inc.