Company Reports on Progress against 2015 Goals
Announces 2020 Waste Diversion Goal and Elevated Governance
Strategy
LOUISVILLE, Ky.--(BUSINESS WIRE)--
Yum! Brands (NYSE: YUM) announced today it released its online 2015
Corporate Social Responsibility (CSR) Report, highlighting its
performance in relation to the Company’s overall strategy and
governance, in addition to progress made across four strategic areas of
focus: food, people, community and environment.
“Being a responsible company is at the heart of how we are growing our
business,” said Greg Creed, CEO, Yum! Brands. “Our three iconic brands
continue to demonstrate that we’re a company dedicated to feeding the
world, not only for profit, but also for good. Collectively, we’re
focused on making courageous decisions every day that deliver on the CSR
commitments our consumers and stakeholders truly care about when it
comes to our food, people, communities and environment.”
The report highlights the Company’s progress against its 2015 goals,
elevated governance strategy to annually update the Yum! Board of
Directors on its CSR commitments and progress, as well as a strengthened
Supplier Code of Conduct and Human Rights & Labor Practices Policy. Also
featured are success stories from the Company’s brands around the world
presented in interactive, info-graphic-style and video formats.
Additional Yum! Brands 2015 CSR Report highlights include:
Food
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Nearly all of the Company’s global markets met its 2015 goal of having
15 percent of meal options meet one-third of the Recommended Daily
Allowance (RDA) in every country where it operates and are now
striving toward the goal of 20 percent of meal options by 2020.
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Pizza Hut successfully removed over half a million pounds of salt from
its menu in 2012 and removed another 1.5 million pounds of salt from
core ingredients in 2015.
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Taco Bell committed to simplified ingredients, announcing the removal
of artificial colors and flavors from its food and replacing them with
natural alternatives, as well as removing artificial trans fat, high
fructose corn syrup and unsustainable palm oil from their food by the
end of 2015. They became the first QSR to offer American Vegetarian
Association (AVA) certified vegetarian menu items, and have committed
to serving 100 percent cage-free eggs for its breakfast menu across
its U.S. restaurants by the end of 2016.
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Each of the Company’s brands are committed to minimizing the use of
antibiotics important to human medicine in poultry. View the Yum!
Antibiotic Statement here
for specific brand commitments.
People
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In 2015, the Company established a diversity and inclusion council
called Leading Inclusion For Tomorrow (LIFT) to continue elevating the
importance of diversity and inclusion in the business.
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Yum! presented the inaugural Supplier Diversity Award at its annual
supply chain awards, established to recognize suppliers that
demonstrate significant leadership in the area of diversity and
inclusion.
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Yum! Brands was named a Learning Elite organization on the 2015
Learning! 100 list for the fourth consecutive year.
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Yum! continued focusing on restaurant employee development – like at
KFC U.S. where rallies were held for Restaurant General Managers with
nearly 95 percent participation.
Community
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Since 2007, the Company and its brands donated more than $640 million
in cash and food donations, equivalent to nearly 2.6 billion
nutritious meals for those in need.
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In the U.S., the KFC Foundation launched the KFC Family Fund to
provide temporary, financial relief to restaurant employees in crisis
situations.
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Since 1992, the Taco Bell Foundation has awarded and committed $75
million in grants and scholarships, reaching five million young people
in local communities across the U.S.
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For more than 20 years, the Company has been committed to solving
hunger in the U.S. through its Harvest food donation program. Since
1992, the Harvest program has contributed over 180 million pounds of
food to more than 3,000 nonprofit organizations—a fair market value of
$860 million.
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Yum! pledged to donate 10 million pounds of surplus product in 2016 as
part of the U.S. Environmental Protection Agency’s Food Recovery
Challenge.
Environment
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At the conclusion of 2015, global markets representing 85 percent of
the Company’s new company-owned restaurant construction had integrated
Blueline approaches and technologies into their development processes
and specifications to deliver LEED certifiable buildings.
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Yum! exceeded its 2015 energy reduction goal of 15 percent compared to
its 2005 baseline, which is equal to the release of 1.6 million tons
of CO2 or the annual output from 300,000 homes.
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Yum! global markets are testing alternative oils and developing
transition plans to remove palm oil or source only sustainable palm
oil by the end of 2017.
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The Company set a new aspirational waste reduction goal to annually
divert at least 50 percent of its back-of-house operational waste,
calculated by weight, by the end of 2020.
For more information and to view Yum! Brands 2015 CSR Report, visit www.yumcsr.com
or join the experts at Yum! Brands today, April 19, 2016 at 12pm EST
on Twitter at #YumCSR to discuss the 2015 CSR Report in a twitter chat
hosted by @TriplePundit. Visit here
to register.
Keep up with the ongoing CSR conversation at Facebook.com/yumbrands and @yumbrands
on Twitter using the hashtag #YumCSR.
About Yum! Brands
Yum! Brands, Inc., based in Louisville, Kentucky, has nearly 43,000
restaurants in more than 130 countries and territories. Yum! is ranked
#228 on the Fortune 500 List with revenues of over $13 billion in 2015
and is one of the Aon Hewitt Top Companies for Leaders in North America.
The Company's restaurant brands - KFC, Pizza Hut and Taco Bell - are the
global leaders of the chicken, pizza and Mexican-style food categories.
Worldwide, the Yum! Brands system opens over six new restaurants per day
on average, making it a leader in global retail development.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160419005910/en/
Yum! Brands, Inc.
Virginia Ferguson, 502-874-8200
Source: Yum! Brands, Inc.