To fulfill our purpose of raising the world’s expectations for how much good food can do, we engage in active partnerships with key stakeholders across our business, including team members, independent farmers and ranchers, local communities, NGOs, academic/research institutions and more. By maintaining open dialogue and communication with our valued stakeholders, we keep our finger on the pulse of the issues and topics most important to our business and our stakeholders.
| Stakeholder GroupTeam Members |
Area of Focus
- Safe workplace
- Fair treatment and human rights
- Inclusion and engagement
- Competitive pay and benefits
- Professional development
- Regular communication
- Environmental protection and resource conservation
- ESL, GED, citizenship, functional literacy, financial and tax literacy, legal issues, health care, safety and accessing community resources and services
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How We Engage & Respond
- Core Values, Code of Conduct, Team Member Promise, Ethics HelpLine
- Business Resource Groups
- Safety policies, procedures, training and goals
- Wage reviews and benefit program enhancements
- Educational Assistance Program and Leadership College
- Formalized internal communication activities, position statements and regular leadership meetings
- Environmental policies, procedures and training
- Upward Academy and Upward Pathways
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| Stakeholder GroupShareholders & Potential Investors |
Area of Focus
- Competitive returns
- Management accountability
- Regulatory compliance
- Sound governance and ethical business practices
- Proactive management of business risks
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How We Engage & Respond
- Quarterly financial reports and shareholders’ meeting
- Executive outreach, conferences and earnings calls
- Code of Conduct and Board Committees
- Global anti-corruption policy, gift and hospitality policy, and a charitable and political contribution policy
- Investor website
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| Stakeholder GroupCustomers & Consumers |
Area of Focus
- Safe, quality food products
- Nutritious options
- Competitive and affordable prices
- Innovative products that meet needs
- Product information
- Animal welfare
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How We Engage & Respond
- Food safety programs and procedures
- State-of-the-art research and development facilities with Consumer Sensory Panels and Consumer Focus Group Learning Center
- Commitment to proactively managing product input costs
- Day-to-day contact with account management teams
- Customer and consumer response centers, consumer website for recipes, cooking instructions, nutritional information, product locators and more
- Office of Animal Welfare and FarmCheck Program
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| Stakeholder GroupGovernment & Regulatory Agencies
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Area of Focus
- Regulatory compliance
- Transparent reporting
- Collaboration in research and policy development
- Program participation and partnerships
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How We Engage & Respond
- Management systems, policies and procedures across all aspects of the company’s annual operations
- Annual financial reports, sustainability reports, timely submission of required reports
- Government Affairs
- Executive outreach
- Industry associations and partnerships
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| Stakeholder GroupSuppliers |
Area of Focus
- Timely payment
- Fair selection and business practices
- Opportunities for business growth
- Understanding of Tyson Foods’ expectations
- Communication
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How We Engage & Respond
- Competitive bidding process
- Supplier management program
- Supplier Code of Conduct, Supplier Diversity Program and satisfaction surveys
- Poultry Advisory Council, Contract Poultry Farmer Bill of Rights, and new investments in technology
- Farmer Connect App
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| Stakeholder GroupLocal Communities |
Area of Focus
- Economic development
- Involvement and support of local initiatives
- Protection of the environment
- Employment opportunities
- Volunteerism
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How We Engage & Respond
- Strategic community involvement plans
- Donations, community outreach and disaster relief
- Environmental management systems
- Regional recruiting program
- Partnerships and sponsorships
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