Yum! Brands Recognized for Climate Action and Transparency

March 01, 2024 02:00 AM AEDT | By 3BL
 Yum! Brands Recognized for Climate Action and Transparency
Image source: Kalkine Media

Yum! Brands

Yum! is best known for its RED (relevant, easy and distinctive) brands – KFC, Pizza Hut, Taco Bell and The Habit Burger Grill – but recent accolades in the sustainability space might make consumers see it as green.

This month, CDP, a global organization that runs a leading sustainability disclosure system, released its rankings, and Yum!’s Climate Change score improved to an A-, and the company matched its previous Water Security score with an A-. All of Yum!’s CDP scores, including its Forest assessment, achieved scores of a B or higher.

The company also made the S&P Global’s Dow Jones Sustainability Index (DJSI) North America list for the seventh consecutive year and was selected for the S&P’s Sustainability Yearbook, which aims to distinguish companies that have demonstrated strengths in corporate sustainability. In December, Newsweek named Yum! as one of America’s Most Responsible Companies 2024, giving it the lead spot among restaurant companies.

“I’m proud that Yum! continues to be recognized by CDP and others for the continuous improvements in our sustainability agenda,” said Yum! Chief Sustainability Officer & Vice President of Global Government Affairs Jon Hixson. “This recognition reflects the great work of the team and leaders within our global system who drive results in an ever-evolving space.”

Yum!’s citizenship and sustainability efforts are guided by the business’s Recipe for Good Growth strategy, which focuses on its people, food and planet. Central to Yum!’s planet pillar is its climate goal to reduce greenhouse gas (GHG) emissions across its restaurant and supply chain by nearly 50% by 2030. Since having near-term science-based targets (SBTs) approved in 2021, Yum! and its brands have taken a multipronged approach by identifying opportunities with restaurants and suppliers. This includes investing in renewables and energy efficiencies in restaurants and establishing key pilots to support responsible agricultural practices for core proteins of beef, dairy and poultry.

Yum! is also updating governance structures to oversee process and data across the organization to comply with new laws, like the European Union’s Regulation on Deforestation-Free Products (EUDR) and Corporate Sustainability Reporting Directive (CSRD).

Likewise, the company is actively working to assess its impact on biodiversity, which includes conducting a biodiversity risk assessment and evaluating the Science Based Targets initiative (SBTi) Forest, Land and Agriculture (FLAG) guidance among other disclosures.

To learn more about Yum!’s citizenship and sustainability efforts and continued reporting journey, visit yum.com.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.