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Sunday, September 29, 2024

Arkansas' Tyson Foods takes top spot Forbes' admired companies ranking

Banks

Dean Banks, Tyson Foods president and CEO, | Tyson Foods

Dean Banks, Tyson Foods president and CEO, | Tyson Foods

Arkansas-Based Tyson Foods has once again topped Fortune magazine’s ranking of the World’s Most Admired Companies in the Food Production category, making this the fifth year in a row the company has been No. 1 on the list.

The ranking is based on an annual survey of top executives, directors and financial analysts by Fortune and Korn Ferry.

“This recognition from the business community is a tremendous testament to our 139,000 dedicated and talented team members worldwide,” Dean Banks, Tyson Foods president and CEO, said in a press release. “We continue to put the health and safety of our hard-working team members first and are proud of their commitment to producing high quality, sustainable and nutritious protein to feed our country and the world."

Tyson Foods recently invested approximately $500 million toward protective measures for its U.S. facilities. The investment is part of the company’s efforts to place the health and safety of its employees as a top priority.

Examples of some of the improvements related to ensuring against transmission COVID-19 include walk-through temperature scanners, workstation dividers, social distance monitors and always-on testing.

The company has also taken steps to educate workers about the COVID-19 vaccines and help them with access through a partnership with Matrix Medical Network.

Other socially conscious efforts by Tyson Foods include its commitment to reduce greenhouse emissions across their entire supply chain by 30% by 2030, according to the release. Tyson Foods also donated more than 30 million pounds of food in 2020 in response to hunger created by the pandemic.

Tyson Foods recently announced plans for creating the largest beef transparency program in the country in cooperation with cattle ranchers.

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