Tyson Foods Tops FORTUNE’s World’s Most Admired Companies List for Food Production Again
SPRINGDALE, Ark. — Feb 1, 2021 — Tyson Foods, Inc. (NYSE:TSN), a global food giant and a renowned leader in protein, has been ranked first on Fortune magazine’s list of the World’s Most Admired Companies in the Food Production category for the fifth year in a row. The annual survey, carried out by Fortune and Korn Ferry, is distributed to top executives, directors, and financial analysts to identify companies with the strongest reputations within their industries and across all sectors. Dean Banks, President & CEO of Tyson Foods, expressed his gratitude for the recognition, attributing it to the company's 139,000 dedicated and talented employees worldwide. He emphasized the company's commitment to the health and safety of its workers and their dedication to producing high-quality, sustainable, and nutritious protein. Tyson Foods has invested over half a billion dollars in protective measures at its U.S. facilities, including temperature scanners, workstation dividers, social distance monitors, and continuous testing. The company has also increased employee pay and benefits, hired a chief medical officer, and added 200 nurses and administrative staff in the past year. It also plans to launch seven health clinics for employees and their families this year. In January, Tyson Foods announced a collaboration with Matrix Medical Network, a top clinical services company, to ensure its U.S. employees are informed about and have access to the COVID-19 vaccines when they become available. Tyson Foods is committed to reducing its greenhouse gas emissions by 30% across its entire supply chain by 2030. The company was the first U.S. protein company to have a target recognized and accepted by the Science Based Target Initiative. In 2020, Tyson Foods donated over 30 million pounds of food to combat hunger during the pandemic and announced its collaboration with cattle ranchers in the largest beef transparency program in the U.S. Fortune’s World's Most Admired Companies list is a comprehensive evaluation of corporate reputations. Korn Ferry has partnered with Fortune annually since 1997 to identify, select, and rank the World’s Most Admired Companies and discover the business practices that make these companies highly respected among their peers. The rankings are based on nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global competitiveness. Tyson Foods ranks first in the Food Production category in all nine of these. The World’s Most Admired Companies list can be found on the Fortune website. For more information on how the rankings are determined, view the full methodology on Korn Ferry’s website. About Tyson Foods Tyson Foods, Inc. (NYSE: TSN) is a global food giant and a renowned leader in protein. Established in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a wide range of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp®, and State Fair®. Tyson Foods continually innovates to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. The company is based in Springdale, Arkansas, and has 139,000 employees. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities and employees, and serve as a steward of the animals, land, and environment entrusted to it. Visit TysonFoods.com to learn more. ### Media Contact: Caroline Ahn, 312-614-6047 Category: IR, Newsroom