KFC, Pizza Hut, Taco Bell and The Habit Burger Grill parent advances agenda around priority areas of people, food and planet
Submitted by Yum! Brands
Yum! Brands, Inc. (NYSE: YUM) today released its annual Global Citizenship & Sustainability Report, highlighting the Company’s strategic investment in socially responsible growth and outlining efforts of its KFC, Pizza Hut, Taco Bell and The Habit Burger Grill brands to make a meaningful impact in three strategic focus areas: people, food and planet. The Company advanced its global citizenship and sustainability agenda, called its Recipe for Good, by creating a new social purpose to unlock opportunity in frontline restaurant teams and communities with a $100 million investment over five years. In addition, Yum! expanded efforts to offer customers globally more balanced choices including plant-based and vegetarian menu items, and the Company continued its climate change journey by increasing efficiencies in its restaurants and corporate offices and making progress on key deforestation commitments including paper, palm oil, beef and soy.
“As a global restaurant company, we can and must do more to unlock opportunities and make real and lasting change that will benefit our businesses and communities,” said David Gibbs, CEO, Yum! Brands, Inc. “To reflect the growing intersection of business and purpose, we recently integrated our Recipe for Growth – the guiding principles of our business strategy – with our Recipe for Good. This unified approach will help us better serve our employees, customers and communities when it comes to the issues they care about most.”
The content of the report reflects key initiatives and areas of work announced since Yum! Brands published its last report in June 2019 and showcases progress against its existing public commitments, which align with priority topics identified in the Company’s most recent materiality assessment. The report is prepared according to Global Reporting Initiative Standards, the most widely recognized framework for sustainability reporting.
Highlights from Yum! Brands’ new Global Citizenship & Sustainability Report include:
For more information and to view Yum! Brands’ new Global Citizenship & Sustainability Report visit www.yum.com/citizenship.
About Yum! Brands, Inc.
Yum! Brands, Inc., based in Louisville, Kentucky, has over 50,000 restaurants in more than 150 countries and territories, making it a leader in global retail development primarily operating the company’s brands – KFC, Pizza Hut and Taco Bell – global leaders of the chicken, pizza and Mexican-style food categories. The Company’s family of brands also includes The Habit Burger Grill, a fast-casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2019, Yum! Brands was named to the Dow Jones Sustainability North America Index and in 2020, the company ranked among the top 100 Best Corporate Citizens by 3BL Media.
Yum! Brands, Inc., based in Louisville, Kentucky, has over 48,000 restaurants in more than 145 countries and territories primarily operating the company’s restaurant brands - KFC, Pizza Hut and Taco Bell - global leaders of the chicken, pizza and Mexican-style food. Worldwide, the Yum! Brands system opens over eight new restaurants per day on average, making it a leader in global retail development. In 2018, Yum! Brands was named to the Dow Jones Sustainability North America Index and ranked among the top 100 Best Corporate Citizens by Corporate Responsibility Magazine. In 2019, Yum! Brands was named to the Bloomberg Gender-Equality Index for the second consecutive year. For more information on Yum! Brands, visit yum.com. Yum! Media Line: 502.874.8200
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