Ingredion

Ingredion Values

Ingredion Named to Fortune’s List of World’s Most Admired Companies for Tenth Consecutive Year

Ingredion has again been named to Fortune’s annual list of “World's Most Admired Companies.” The Company ranks fourth in the food production category.

This is the tenth consecutive year that Ingredion has appeared on the prestigious list, an acknowledgement that the company continues to uphold its long-standing reputation as a quality supplier, employer of choice and good neighbor.​

http://fortune.com/worlds-most-admired-companies/ingredion/

Ingredion Named One of the 2020 World's Most Ethical Companies by Ethisphere

Ingredion Incorporated INGR, -3.05%,a leading global provider of ingredient solutions to diversified industries, announced today that it has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2020 World's Most Ethical Companies. The Company has been recognized for seven consecutive years and is one of only six honorees in the food, beverage and agriculture industry. In 2020, 132 honorees were recognized spanning 21 countries and 51 industries.

"This recognition reflects our commitment to operating with the highest ethical standards across all areas of our business in the communities where we do business," said Jim Zallie, Ingredion's president and chief executive officer. "It is an honor to be recognized for our values-based leadership and ethical business practices for seven consecutive years. This supports our purpose-driven culture of bringing the potential of people, nature and technology together to make life better."

"Congratulations to everyone at Ingredion for earning this recognition," said Ethisphere's Chief Executive Officer, Timothy Erblich. "This is a moment to acknowledge the leaders working to advance corporate cultures defined by integrity and affirm those companies contributing to broader societal imperatives and the greater good."

Methodology & Scoring

Grounded in Ethisphere's proprietary Ethics Quotient, the World's Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe. Best practices and insights from the 2020 honorees will be released in a report and webcast in March and April of this year.

All companies that participate in the assessment process receive an Analytical Scorecard providing them a holistic assessment of where their programs stand against the demanding standards of leading companies. The full list of the 2020 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.

Specialty ingredients to drive growth at Ingredion

BOCA RATON, FLA. — The key trends driving innovation in food and beverage manufacturing — prepared foods, plant-based proteins, sugar reduction and clean label — also are driving change throughout the supply chain. Ingredient supplier Ingredion, Inc., sees growth opportunities supplying its customers, both large and small, with the raw materials needed to drive change and potentially disrupt the marketplace.

Investments made by Ingredion to align its portfolio with consumer trends include the commissioning of a pea protein isolate plant in South Sioux City, Neb., that will open later this year; a joint venture to produce pulse-based protein concentrates and flours; and a manufacturing arrangement with Matsutani Chemical Industry Co. Ltd. to manufacture Astraea allulose in Mexico and market it throughout the Americas.

“We have built out our platforms of capability at a time of unprecedented change in the food industry,” said James P. Zallie, president and chief executive officer of Ingredion, in an interview with Food Business News during the Consumer Analyst of New York conference in Boca Raton, Fla.

In fiscal 2019, Ingredion sales were $6.2 billion and specialty ingredients made up 30%, or $1.9 billion, of sales. By fiscal 2023 the company is forecasting specialty ingredients will make up 34% to 36% of net sales, or $2.5 billion.

“We look at products that provide a unique value to our customers and demonstrate higher growth as well as higher margins and also have some differentiation versus other ingredients in the marketplace as specialty,” said James D. Gray, chief financial officer, during the company’s presentation on Feb. 18. “As we look forward, we think that the growth from specialty is in the mid- to high-single digits combined with stable net sales in our core and other businesses.”

Meeting management’s goals will require Ingredion to serve both large and small customers.

“Small, mid-size guys are driving an incremental amount of growth as well as introducing most of the new products that are driving incremental sales in the food industry,” Mr. Zallie said. “That’s affording us an opportunity to pivot to small- and medium-size customers with what we call a systems first approach, which is a more comprehensive suite of ingredients, and then also work with large customers who want to compete with those companies and be more nimble, but leverage their scale.”

In fiscal 2020, Ingredion said net sales and adjusted operating income are expected to be up. Adjusted earnings per share (e.p.s.) are forecast to be in a range of $6.60 to $7.20 per share. In fiscal 2019, adjusted e.p.s. was $6.65 per share.

https://www.foodbusinessnews.net/articles/15479-specialty-ingredients-to-drive-growth-at-ingredion

Ingredion Named to 2020 Bloomberg Gender-Equality Index

Ingredion included for the third consecutive year; Gender-Equality Index identifies companies committed to advancing women in the workplace

WESTCHESTER, Ill., Jan. 22, 2020 (GLOBE NEWSWIRE) -- Ingredion (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, announced it is one of 325 companies across 50 industries included in the 2020 Bloomberg Gender-Equality Index (GEI). The GEI highlights companies that have made strong commitments to gender equality through self-reported internal company statistics, employee policies, external community support and engagement, and gender-conscious product and service offerings. Companies range from a variety of industries, including automotive, banking, consumer services, engineering and construction, and retail.

“As we continue to build a highly engaged culture at Ingredion that is inclusive and diverse, we are proud to be recognized in the Gender-Equality Index,” said Jim Zallie, Ingredion's president and chief executive officer. “Fostering an environment where everyone is valued enables us to be innovative for our customers, provide rewarding opportunities for our employees, and deliver value for shareholders.”

"Being named in the Gender-Equality Index for the third consecutive year is an important marker of our progress and reflects our ongoing commitment to fostering an inclusive workplace,” said Elizabeth Adefioye, Ingredion's senior vice president and chief human resources officer. “At Ingredion, we achieve a high-performance culture by celebrating our diverse perspectives and unleashing the full potential of our employees with a meaningful core purpose and inspiring company values.”

Within the last year, the Company has taken the following actions:
•Refreshed its Company values to strengthen the employee experience and support its business.
•Launched a core purpose statement to align its global workforce around an overarching theme that reflects the pace of change happening in the food and beverage industry. The core purpose statement is the following: We bring the potential of people, nature and technology together to create ingredient solutions that make life better.
•In North America, introduced new HR policies for parental leave along with flexible workplace options for employees.

The GEI tracks the financial performance of public companies committed to supporting gender equality through policy development, representation and transparency. The reference index measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies and pro-women brand. This year, Bloomberg expanded the eligibility for inclusion in the index to nearly 6,000 companies across 84 countries and regions.

"The 325 companies included in the 2020 GEI have shown their commitment to transparency and demonstrated leadership in gender-related data reporting," said Peter T. Grauer, Chairman of Bloomberg. "Disclosure of company statistics and practices are an important first step in supporting gender equality globally."

Through disclosure of gender-related metrics using the GEI framework, the firms included in the 2020 GEI have provided a comprehensive look at their investment in workplace gender equality and the communities in which they operate. Ingredion was included in this year’s index for scoring at or above a global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework’s five pillars. Both the framework and the GEI are voluntary and have no associated costs. The GEI is a reference index and is not for use as a financial benchmark. The index is not ranked. While all public companies are encouraged to disclose supplemental gender data for their company’s investment profile on the Bloomberg Terminal, those that have a market capitalization of USD1 billion are eligible for inclusion in the index. To learn more please visit the GEI website. Bloomberg Terminal subscribers can access the GEI at {BGEI <GO>}.

Ingredion Named World’s Most Admired Companies For the 11th consecutive year

Ingredion was named one of the World’s Most Admired Companies by Fortune magazine for the 11th consecutive year. The company ranks fourth in the food production category. Ingredion’s inclusion on the prominent list for more than a decade demonstrates its longstanding reputation as a preferred supplier, a purpose- and values-driven employer, and a steward of sustainability.

https://fortune.com/worlds-most-admired-companies/2020/ingredion/

Ingredion Named One of the Best Midsized Employers for the Fourth Consecutive Year


News Date : 04/17/2019





WESTCHESTER, Ill., April 17, 2019 - Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to diversified industries, has been named one of America's Best Midsized Employers for 2019 by FORBES Magazine. This is the fourth consecutive year the Company has been included on the list.


"We are honored to be named among America's best midsized employers,” said Elizabeth Adefioye, senior vice president and chief human resources officer. “This achievement recognizes our efforts to be an employer of choice and demonstrates our commitment to fostering a high-performance culture. Our 11,000 employees around the world are our most valuable asset and their contributions are helping to drive our future success."


Forbes selected America’s Best Midsized Employers based on an independent survey from more than 50,000 U.S. employees working for companies employing at least 1,000 people in their U.S. operations. The complete list is available on forbes.com.

About Ingredion

Ingredion Incorporated (NYSE:INGR) is a leading global ingredient solutions provider to the food, beverage, brewing and pharmaceutical industries as well as numerous industrial sectors. We are committed to supplying our customers with quality, innovative ingredient solutions that are on trend and in demand. With a strong balance sheet and a history – more... 

  • Ingredion photo: Ingredion Values
  • Ingredion photo: Ingredion Values
  • Ingredion photo: Innovate Boldly
  • Ingredion photo: Ingredion Values
Claimed Profile
Headquarters
5 Westbrook Corporate Center
Westchester, IL 60154
United Stated
Revenue
$5B to $10B (USD)
Employees
10,000+
Industry
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Ingredion website

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