SMITHFIELD, Va., March 28, 2011 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NYSE:SFD) announced today that it continues to be 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. We are thrilled that our efforts have once again been recognized with this important achievement," said Dennis H. Treacy, senior vice president 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 & labor rights and corporate governance.
About Smithfield Foods
Smithfield Foods is the world's largest pork processor and hog producer, with revenues exceeding $11 billion in fiscal 2010. In the United States, the company is also the leader in numerous packaged meats categories. From national brands and regional powerhouses in the United States to some of the best-known European brands, Smithfield Foods products are prized by retail, foodservice, and deli customers alike. For more information, please visit www.smithfieldfoods.com.
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