SMITHFIELD, Va., July 30, 2013 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NYSE:SFD) has honored several of its facilities and employees for their successful sustainability efforts during fiscal year 2013 through a number of innovative environmental projects.
The bottom-line impact of these projects was significant, with Smithfield Foods saving more than 592 million gallons of water, nearly 12 million kilowatts of electricity and about 721,000 gallons of fuel oil. These reductions, along with other sustainability achievements resulting from various projects implemented by Smithfield's family of companies, produced an annual cost savings of more than $8 million.
Smithfield recognized the environmental achievements of the past fiscal year during its annual Environmental Excellence Awards banquet on July 17, 2013.Smithfield executives presented one President's Award and 12 Environmental Excellence Awards for a variety of project categories that represent a companywide commitment to sustainability: wastewater handling and treatment; environmental training and/or ISO 14001; resource conservation-waste reduction; packaging reduction; best recycling of a previous year's project; community outreach and innovative solution to a compliance issue. The President's Award was presented to John Morrell, of Peru, Indiana, for its resource conservation/waste reduction project. John Morrell's Peru plant became the first Smithfield Foods facility to achieve zero-waste-to-landfill, reducing solid waste from 999 tons in fiscal year 2008 down to less than 25 tons during fiscal year 2013. The John Morrell facility also won an Environmental Excellence Award in the wastewater handling and treatment category for saving 3.5 million gallons of water and more than 5,000 pounds of chemicals. A complete list of categories and award recipients can be found below. For fiscal year 2013, 182 companywide projects were submitted for review. "We're very proud of our employees, who continue to find innovative ways to promote our sustainability efforts by enhancing our environmental management processes. Clearly, their ongoing efforts are producing measurable sustainability results that create value for our businesses and communities," said Dennis H. Treacy, Smithfield's executive vice president and chief sustainability officer.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV