|
Corporate Social Responsibility
News
5.18.2004 ET
|
CSR News from:
|
|
|
News Category:
|
|
Yum Brands' Shareholders Vote on Resolution Supporting Workers' Rights
(CSRwire) Louisville, KY - On May 20, shareholders of Yum Brands, Inc., the
parent company of Taco Bell, KFC, Pizza Hut, Long John Silver's, and A&W,
will hear the results of their vote on a significant resolution while
meeting at Yum corporate headquarters in Louisville, KY. The resolution
targets the wages and working conditions of workers in its supply chain,
calling for Yum to examine its programs, policies, and practices
throughout its system of operations.
With the increasing consolidation of both farms and major buyers of fresh
produce, the agriculture industry is in dire need of moves towards
sustainability and living wages. Since 1997 in Florida alone, the
Department of Justice has prosecuted five cases of forced labor in the
agricultural sector. These cases of modern-day slavery are not the result
of a few bad actors, but instead indicative of industry-wide ills. Oxfam
America reports that the real wages of farmworkers have dropped 65% since
1978. According to the Department of Labor, farmworkers make an average
of $7,500 per year - far below the poverty line. Most work 10-15 hour
days for 6-7 days a week, without the right to organize, overtime pay, or
benefits of any kind.
At an event in Immokalee, Florida cosponsored by Oxfam America and the RFK
Center for Human Rights on March 15, 2004, Mary Robinson, former President
of Ireland and U.N. High Commissioner for Human Rights was outspoken: "My
message to Yum Brands is: you can't pass the buck. You are profiting by
exploitation and you have the power to change what is happening in the
fields...Assume your fair share of responsibility."
With over 33,000 restaurants worldwide, Yum Brands, Inc. is the largest
fast-food conglomerate in the world. Internationally, it opens about
three new restaurants each day, ranking it among the fastest growing
retailers. Such corporate giants in the apparel industry, such as Nike,
have accepted responsibility for working conditions and wages throughout
their supply chains. This resolution asks Yum to follow suit, recognizing
that investors evaluate companies on their financial, environmental, and
social performance. In the age of corporate responsibility and high
profile corporate campaigns, investors realize that by fostering a healthy
work environment and living wages through a company's supply chain, not
only is productivity increased, but a positive brand image - one crucial
to long-term share value - is also fostered.
The resolution before Yum Brands, Inc.'s shareholders comes as human
rights groups, community and student activists, and religious leaders have
waged a targeted and persistent campaign against one of Yum's fast food
chains - Taco Bell. The Coalition of Immokalee Workers (CIW), the
farmworker rights group spearheading this campaign, has incited a
spreading movement of 18-24 year olds - Yum's key demographic consumers -
at universities nationwide. Twenty universities have removed Taco Bell
franchises from their institutions or ended contracts with the company in
response to student requests. In April, several hundred students in three
states and five schools went on hunger strikes to protest the deplorable
conditions of farmworkers and encourage their universities to "Boot the
Bell" from their campuses.
Over one thousand activists and religious leaders will join farmworkers
and students on a day of fasting and protest outside of Yum corporate
headquarters and across the country on May 20. John Sweeney, President of
the AFL-CIO, U.S. Representative Linda Sanchez, and actor Edward James
Olmos have all pledged their support for the CIW's campaign.
Last year, on its first introduction, a resolution identical to the one
presented this year received an unprecedented 43% of shareholders'
support.
For more information, visit www.oxfamamerica.org or www.ciw-online.org.
Representatives from the Robert F. Kennedy Center for Human Rights, Oxfam
America, and the Coalition for Immokalee Workers are available for
interviews.
_________________________________________________
Last November, three members of the Coalition of Immokalee Workers became
the first U.S. based human rights defenders to win the Robert F. Kennedy
Human Rights Award. They were selected for their courageous work to end
modern-day slavery and sweatshop labor and to secure the social and
economic rights of farmworkers in the United States.
|
|