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Enhancing the Effectiveness of Sustainability Partnerships Summary of a Workshop (2009) / Chapter Skim
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XVII The Farm to Fork Initiative: A Shareholder and Management Partnership--LeRoy C. Paddock
Pages 103-106

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From page 103...
... Smithfield controls 17 percent of hog production and 31 percent of pork processing in the United States. Founded in 1989 through an endowment from Nathan Cummings, the Nathan Cummings Foundation's mission is to help "build a socially and economically just society that values nature and protects the ecological balance for future generations; promotes humane health care; and fosters arts and culture that enriches communities." Ceres describes itself as "a national network of investors, environmental organizations and other public interest groups working with companies and investors to address sustainability challenges such as global climate change." Its mission is "integrating sustainability into capital markets for the health of the planet and its people." Ceres helped develop the Global Reporting Initiative.
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From page 104...
... Ultimately, Smithfield offered to undertake a pilot program through which it would report on the environmental impacts of one of its largest corporate-owned hog farming operations. Smithfield suggested using a new reporting protocol, the Facility Reporting Project or FRP, developed by Ceres that Ceres had recently tested at several locations including a Smithfield Foods affiliated processing plant.
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From page 105...
... 105 The Farm to Fork Initiatie which they own stock, the importance that reputation can play in corporate decision making related to sustainability, the influence that supply chain requirements have on company sustainability reporting, and the value of reliable information and good metrics in supporting partnerships.
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Key Terms

  • hog farming
  • farming operations
  • pilot project
  • contract farms
  • processing plant

  • shareholder resolution
  • facility reporting
  • supply chain
  • reporting protocol
  • includes frp

  • goals consistent
  • foundation filed
  • national network
  • innovative solution
  • affiliated processing

  • address sustainability
  • achieve transparency
  • farming operation
  • frp reporting
  • promotes humane

  • fiduciary responsibility
  • suggested using
  • foundation persisted
  • enriches communities
  • operations throughout

  • entire supply
  • foods affiliated
  • sustainability challenges
  • resolutions seeking
  • pilot program


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