Yum! Brands 2015 CSR Report Showcases Efforts to Feed the World for Good
April 19 2016 - 7:04AM
Business Wire
Company Reports on Progress against 2015
Goals
Announces 2020 Waste Diversion Goal and
Elevated Governance Strategy
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
- 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.
- 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.
- 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.
- 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
- 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.
- 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.
- Yum! Brands was named a Learning Elite
organization on the 2015 Learning! 100 list for the fourth
consecutive year.
- 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
- 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.
- In the U.S., the KFC Foundation
launched the KFC Family Fund to provide temporary, financial relief
to restaurant employees in crisis situations.
- 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.
- 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.
- 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
- 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.
- 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.
- 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.
- 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.
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Yum! Brands, Inc.Virginia Ferguson, 502-874-8200
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