The J. M. Smucker Company

The J. M. Smucker Company is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.

The J.M. Smucker Co. is an American manufacturer of food products. Its major business units are in consumer goods, pet foods, and coffee. It’s most recognizable brand, Smucker’s, produces fruit preserves and jellies in addition to peanut butter and ice cream toppings.

Ticker: SJM

Humankind Value: $36.3 B

Revenue: $8.1 B

Market Cap: $14.9 B

(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)

The relatively stable and low prices, and thus profits, that result from our modern food systems are not reflective of the life-sustaining value of food. The J. M. Smucker Co. creates positive Humankind Value on the whole. Considerable positive value is associated with Crop Production ($43.0 B), Economic Value ($4.7 B), and Medical Services ($903.6 M). The value associated with Crop Production contains our estimation of 892,767.6 equivalent years of life not lost to death or reduction in quality of life. The company produces economic value by offering to consumers goods and services that they value, paying employees for their labor in producing these goods and services, and providing value for shareholders. Downsides for this company are associated with Calorie Conversion (-$3.6 B) and Food Loss (-$3.1 B). Food Loss is attached to this company as a result of its direct business activities. Crop Production, Economic Value, Medical Services, and Calorie Conversion are mostly or entirely a result of supply-chain relationships. The direct Humankind Value for this firm, in a vacuum, is negative. But with our supply-chain methodology, a more complete and positive picture of total impact can be seen.

How the Humankind Value Methodology Drives the Rankings

We take a quantitative, data-driven approach to estimating the economic impact that companies have on investors, customers, employees, and society at large, rolling social responsibility into a single dollar value that we use to represent what a company is contributing to humanity. As far as we can tell, we're the first ones doing it this way.

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How Methodology Drives the Rankings