Yum China’s Leadership in Sustainability Recognized Globally
Yum China Holdings, Inc. (NYSE: YUMC) has made significant strides this year by achieving the remarkable distinction of being ranked number one in the global Restaurant & Leisure Facilities Industry according to the S&P Global 2024 Corporate Sustainability Assessment (CSA). This achievement marks the fifth consecutive year that Yum China has been recognized as a member of the Dow Jones Sustainability Indices, encompassing both the DJSI World Index and the DJSI Emerging Markets Index.
Outstanding Performance in Sustainability Assessment
This year, Yum China stands out as a fundamental player in the Chinese consumer services sector, being the sole company from mainland China included within the DJSI World Index. The company has visibly elevated its performance in the S&P CSA, increasing its overall score by five points over the previous year. Impressively, Yum China ranked in the top 1% in 15 out of 24 evaluation criteria, showcasing particularly significant advancements in Supply Chain Management, Human Capital Management, and Customer Relations.
Improving ESG Scores
In addition to their CSA success, Yum China received an S&P Global ESG score that positions it as a frontrunner among major international ESG rating agencies. The company also maintained an AA rating in the MSCI ESG ratings for the third consecutive year, distinguishing itself as the only restaurant company in the world to achieve this prestigious rating.
Commitment to Responsible Practices
The accolades received this year are a testament to Yum China’s long-standing commitment to Environmental, Social, and Governance (ESG) principles. The company has taken deliberate steps to foster a responsible ecosystem, aligning with various stakeholders across its value chain to make tangible progress in their sustainability journey.
Sustainability Initiatives in Motion
In 2024, Yum China launched several key initiatives aimed at enhancing sustainability within its operations. This includes scaling up the use of renewable energy in its restaurants and logistics centers, collaborating with suppliers to transition to renewable energy, minimizing the use of plastic and paper in packaging, and even launching a comprehensive coffee ground recycling network. These initiatives led to Yum China receiving the "Gold Award" for Recycling and Circular Utilization Solutions at the recent International Packaging Innovation Forum.
About Yum China Holdings, Inc.
Yum China is recognized as the largest restaurant company in China, dedicated to making every life taste beautiful. Employing around 400,000 individuals, the company operates over 15,000 restaurants under six well-known brands spread across approximately 2,200 cities in China. Its flagship brands include KFC and Pizza Hut, which dominate the quick-service and casual dining restaurant sectors, respectively. Moreover, Yum China has teamed up with Lavazza to enhance the coffee experience in China. Other brands such as Little Sheep and Huang Ji Huang offer authentic Chinese cuisine, while Taco Bell brings innovative Mexican-inspired offerings to the table.
A Digitalized Supply Chain
Yum China boasts an impressive, digitalized supply chain complemented by a robust network of logistics centers throughout the nation, alongside an in-house supply chain management system. Their advanced digital capabilities, paired with a strong loyalty program, empower them to connect with customers swiftly, ensuring exceptional service delivery.
Contact Information for Inquiries
Yum China encourages individuals interested in corporate sustainability and CSR initiatives to seek further information through available channels.
Investor Relations Contact:
Tel: +86 21 2407 7556
Media Contact:
Tel: +86 21 2407 8288 / +852 2267 5807
Frequently Asked Questions
1. What recognition has Yum China received?
Yum China has been ranked number one in the global Restaurant & Leisure Facilities industry in the S&P Global 2024 Corporate Sustainability Assessment.
2. How many times has Yum China been recognized in sustainability?
Yum China has been recognized for five consecutive years in the Dow Jones Sustainability Indices.
3. Which areas did Yum China excel in the sustainability assessment?
The company excelled in Supply Chain Management, Human Capital Management, and Customer Relations.
4. What innovative initiatives is Yum China implementing?
Yum China is increasing renewable energy usage, minimizing packaging waste, and launching a recycling network.
5. How many employees does Yum China have?
Yum China employs approximately 400,000 individuals across its operations.
