Yum China Leads the Restaurant & Leisure Industry for the Fourth Consecutive Year on the Dow Jones Sustainability Index
Yum China effects,Inc.( the” Company” or” Yum China”, NYSE YUMC and HKEX 9987) moment blazoned that the Company has been ranked number one encyclopedically for the Restaurant & Leisure installations Industry in the S&P Global 2023 Commercial Sustainability Assessment( CSA). For the fourth successive time, Yum China has been named as a member of both the Dow Jones Sustainability indicators( DJSI) World Index( DJSI World) and Arising Market Index( DJSI Emerging Markets). It reflects the Company’s unvarying commitment to environmental, social, and governance( ESG)
Yum China is the only consumer services company from the Chinese landmass to be named as a member of DJSI World. Yum China achieved the loftiest score among assiduity peers in the S&P Global CSA grounded on three confines governance & profitable, environmental, and social. The Company also entered a peer- leading S&P Global ESG score.
” We’re recognized by the continued recognition from the Dow Jones Sustainability indicators. It’s a testament to our fidelity to integrating sustainable practices across our operations,” said Joey Wat, CEO of Yum China.” We’re thankful to everyone who has joined us on our ESG trip, and as we look to the future, we remain married to instituting in sustainability, appreciatively impacting the communities we serve and contributing to a better earth.”
The Company’s sustainability sweats have also been honored by other leading ESG indicators and conditions. In June 2023, Yum China came the only eatery company worldwide to hold the’ AA’ MSCI ESG standing for two successive times.
Yum China has made meaningful progress on climate action and renewable energy transition.
In 2022, Yum China came the first eatery company in China to admit Science Grounded Targets action( SBTi) blessing for its near- term hothouse gas emigrations targets.
In May 2023, the Company launched a Distributed Photovoltaic and Virtual Green Power Purchase Alliance with 40 crucial suppliers to drive low- carbon metamorphosis across its entire value chain
In July 2023, the Company inaugurated China’s first cold- chain logistics center to be 100 powered by renewable energy. In addition, by November, over 70 of the Company’s caffs
in Zhejiang, Anhui, and Shanxi businesses were powered by renewable energy.
Yum China is committed to ethical business practices. This time, the Company joined the United Nations Global Compact( UNGC), standardizing its support of the UNGC’s ten widely accepted principles in the areas of mortal rights, labor, terrain, andanti-corruption; and committing to integrating these principles into the Company’s business strategy, commercial culture, and diurnal operations.
Yum China is committed to creating a responsible ecosystem and aligning with stakeholders across its entire value chain to make poignant progress on
About Yum China effects,Inc.
Yum China is the largest eatery company in China with a charge to make every life taste beautiful. The Company has over 400,000 workers and operates over 14,000 caffs
under six brands across 1,900 metropolises in China. KFC and Pizza Hut are the leading brands in the quick- service and casual dining eatery spaces in China, independently. Taco Bell offers innovative Mexican- inspired food. Yum China has also partnered with Lavazza to develop the Lavazza coffee conception in China. Little Sheep and Huang Ji Huang specialize in Chinese cookery. Yum China has a world- class, digitalized force chain which includes an expansive network of logistics centers nationwide and an in- house force chain operation system. Its strong digital capabilities and fidelity program enable the Company to reach guests briskly and serve them better. Yum China is a Fortune 500 company with the vision to be the world’s most innovative colonist in the eatery assiduity. For further information, please visit