2024 Sustainability Report Showcases Yum China's Consistent Commitment to ESG
Yum China (NYSE: YUMC) has released its 2024 Sustainability Report, highlighting significant progress in three key areas: People, Environment, and Food. The company demonstrated strong commitment to its 'People First' philosophy by awarding Restricted Stock Units to over 14,700 Restaurant General Managers and providing educational sponsorships to 6,800 employees.
In environmental initiatives, Yum China achieved a 370% year-over-year increase in renewable energy usage and an 8% reduction in per-restaurant carbon footprint. The company's DPV & VPPA Alliance collectively achieved 270,000 MWh of renewable energy usage in 2024.
Notable sustainability achievements include recycling 2,000 tons of coffee grounds from 8,700 restaurants and introducing healthier menu options. The company's 'One Yuan Donation' program has raised over RMB 270 million, providing 58 million nutritious meals for children in underdeveloped regions. Yum China maintained its industry leadership, ranking first in S&P Global's Corporate Sustainability Assessment and achieving the highest 'AA' rating in MSCI ESG evaluation.
Yum China (NYSE: YUMC) ha pubblicato il suo Rapporto di Sostenibilità 2024, evidenziando progressi significativi in tre aree chiave: Persone, Ambiente e Alimentazione. L'azienda ha dimostrato un forte impegno verso la sua filosofia 'Persone al Primo Posto' premiando oltre 14.700 Direttori Generali di Ristoranti con Unità di Azioni Riservate e fornendo sponsorizzazioni educative a 6.800 dipendenti.
In merito alle iniziative ambientali, Yum China ha registrato un incremento del 370% nell'uso di energie rinnovabili rispetto all'anno precedente e una riduzione dell'8% dell'impronta di carbonio per ristorante. L'alleanza DPV & VPPA ha raggiunto collettivamente 270.000 MWh di utilizzo di energia rinnovabile nel 2024.
I risultati significativi in sostenibilità includono il riciclo di 2.000 tonnellate di fondi di caffè da 8.700 ristoranti e l'introduzione di opzioni di menu più salutari. Il programma 'Donazione di Un Yuan' ha raccolto oltre 270 milioni di RMB, fornendo 58 milioni di pasti nutrienti per bambini in regioni sottosviluppate. Yum China ha mantenuto la sua leadership nel settore, classificandosi al primo posto nella Valutazione di Sostenibilità Aziendale di S&P Global e ottenendo il massimo punteggio 'AA' nella valutazione ESG di MSCI.
Yum China (NYSE: YUMC) ha publicado su Informe de Sostenibilidad 2024, destacando avances significativos en tres áreas clave: Personas, Medio Ambiente y Alimentación. La empresa demostró un fuerte compromiso con su filosofía 'Las Personas Primero' al otorgar Unidades de Acciones Restringidas a más de 14,700 Gerentes Generales de Restaurantes y proporcionar patrocinios educativos a 6,800 empleados.
En iniciativas ambientales, Yum China logró un aumento del 370% en el uso de energía renovable en comparación con el año anterior y una reducción del 8% en la huella de carbono por restaurante. La alianza DPV & VPPA alcanzó colectivamente 270,000 MWh de uso de energía renovable en 2024.
Los logros notables en sostenibilidad incluyen el reciclaje de 2,000 toneladas de posos de café de 8,700 restaurantes e introducir opciones de menú más saludables. El programa 'Donación de Un Yuan' ha recaudado más de 270 millones de RMB, proporcionando 58 millones de comidas nutritivas para niños en regiones subdesarrolladas. Yum China mantuvo su liderazgo en la industria, ocupando el primer lugar en la Evaluación de Sostenibilidad Corporativa de S&P Global y logrando la calificación más alta de 'AA' en la evaluación ESG de MSCI.
Yum China (NYSE: YUMC)는 2024 지속 가능성 보고서를 발표하며 사람, 환경 및 음식의 세 가지 주요 분야에서 중요한 발전을 강조했습니다. 이 회사는 14,700명 이상의 레스토랑 총지배인에게 제한 주식 단위를 수여하고 6,800명의 직원에게 교육 후원금을 제공함으로써 '사람 우선' 철학에 대한 강한 의지를 보여주었습니다.
환경 이니셔티브에서 Yum China는 재생 가능 에너지 사용이 전년 대비 370% 증가하고 레스토랑당 탄소 발자국을 8% 줄였습니다. 회사의 DPV 및 VPPA 연합은 2024년에 총 270,000 MWh의 재생 가능 에너지 사용을 달성했습니다.
주목할 만한 지속 가능성 성과로는 8,700개 레스토랑에서 2,000톤의 커피 찌꺼기를 재활용하고 더 건강한 메뉴 옵션을 도입한 것이 포함됩니다. '1위안 기부' 프로그램은 2억 7천만 RMB 이상을 모금하여 저개발 지역의 어린이들에게 5천8백만 개의 영양 식사를 제공했습니다. Yum China는 S&P Global의 기업 지속 가능성 평가에서 1위를 차지하고 MSCI ESG 평가에서 가장 높은 'AA' 등급을 달성하여 업계 리더십을 유지했습니다.
Yum China (NYSE: YUMC) a publié son Rapport de Durabilité 2024, mettant en avant des progrès significatifs dans trois domaines clés : les Personnes, l'Environnement et la Nourriture. L'entreprise a démontré un fort engagement envers sa philosophie 'Les Personnes d'abord' en attribuant des unités d'actions restreintes à plus de 14 700 Directeurs Généraux de Restaurants et en offrant des parrainages éducatifs à 6 800 employés.
En ce qui concerne les initiatives environnementales, Yum China a réalisé une augmentation de 370% de l'utilisation des énergies renouvelables par rapport à l'année précédente et une réduction de 8% de l'empreinte carbone par restaurant. L'alliance DPV & VPPA a collectivement atteint 270 000 MWh d'utilisation d'énergie renouvelable en 2024.
Les réalisations notables en matière de durabilité incluent le recyclage de 2 000 tonnes de marc de café provenant de 8 700 restaurants et l'introduction d'options de menu plus saines. Le programme 'Don de Un Yuan' a permis de collecter plus de 270 millions de RMB, fournissant 58 millions de repas nutritifs pour les enfants dans les régions sous-développées. Yum China a maintenu son leadership dans l'industrie, se classant au premier rang de l'Évaluation de Durabilité des Entreprises de S&P Global et obtenant la note la plus élevée de 'AA' dans l'évaluation ESG de MSCI.
Yum China (NYSE: YUMC) hat seinen Nachhaltigkeitsbericht 2024 veröffentlicht und dabei bedeutende Fortschritte in drei Schlüsselbereichen hervorgehoben: Menschen, Umwelt und Nahrung. Das Unternehmen zeigte ein starkes Engagement für seine 'Menschen-zuerst'-Philosophie, indem es über 14.700 Restaurantleiter mit eingeschränkten Aktienoptionen auszeichnete und 6.800 Mitarbeitern Bildungsstipendien anbot.
In Bezug auf Umweltinitiativen erzielte Yum China einen Jahresvergleich von 370% beim Einsatz erneuerbarer Energien und eine Reduzierung des Kohlenstoff-Fußabdrucks pro Restaurant um 8%. Die DPV- und VPPA-Allianz erreichte 2024 gemeinsam 270.000 MWh an erneuerbarem Energieverbrauch.
Bemerkenswerte Erfolge in der Nachhaltigkeit umfassen das Recycling von 2.000 Tonnen Kaffeesatz aus 8.700 Restaurants und die Einführung gesünderer Menüoptionen. Das Programm 'Eine Yuan Spende' hat über 270 Millionen RMB gesammelt und 58 Millionen nahrhafte Mahlzeiten für Kinder in unterentwickelten Regionen bereitgestellt. Yum China behielt seine Branchenführerschaft bei, indem es den ersten Platz in der Unternehmensbewertung von S&P Global belegte und die höchste 'AA'-Bewertung in der MSCI-ESG-Bewertung erreichte.
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Key highlights from the report include:
- Yum China is dedicated to the "People First" philosophy, focusing on effectively supporting our frontline staff and maintaining a strong connection with them. The Company continued to empower Restaurant General Managers (RGMs) through operational improvements and digital tools to help them manage routine tasks more efficiently, allowing them to focus more on customer service. Examples include centralized recruitment and the use of AI technology in initial resume screening and interview scheduling.
- Yum China strives to make sure high-performing RGMs have a stake in their collective accomplishments. By the end of 2024, the Company awarded Restricted Stock Units (RSUs) to over 14,700 RGMs. The Company is dedicated to preparing all employees to be "future-ready". This includes offering a range of new courses on using AI tools and providing sponsorships to more than 6,800 employees for obtaining higher educational diplomas, degrees and professional accreditations.
- Yum China is vigorously driving its low-carbon transition by pursuing energy savings and adopting cost-effective, scalable renewable energy solutions where possible. In 2024, the Company increased its renewable energy usage by
370% year-over-year, while achieving an ~8% average carbon footprint reduction per restaurant compared with the previous year. In addition, the Company continued to share experience and resources on green energy transformation with key suppliers through the Yum China DPV & VPPA Alliance (the "Alliance"). Collectively, the Alliance achieved 270,000 MWh of renewable energy usage in 2024. - Yum China is constantly innovating to reduce food waste, re-use and recycle waste materials, as well as replace our existing materials with more sustainable options when appropriate. For example, in 2024, the Company expanded its coffee grounds collection network to approximately 8,700 restaurants, recycling approximately 2,000 tons of grounds, and proactively explored the usage of recycled coffee grounds in various products.
- In 2024, Yum China responded to
China's Outline of the 'Healthy China 2030 Plan' and National Nutrition Plan (2017-2030), leveraging its leading food innovation capabilities and extensive supplier resources to develop a range of delicious menu items with reduced sugar and salt content. Examples include KFC's Reduced-Salt Original Recipe Chicken Sandwich, Pizza Hut's reduced calorie Energy Bowl, and Taco Bell's Beef Power Bowl. - Yum China focuses on three high-impact areas for its philanthropic initiatives – rural revitalization, health advocacy and community care. The Company's flagship "
One Yuan Donation" program, now in its 17th year, has cumulatively raised over RMB 270 million by the end of 2024, funding more than 58 million nutritious meals for children in underdeveloped regions, and modernizing kitchen facilities at over 1,500 rural schools.
"Navigating the complexities of sustainability requires innovative solutions that balance the needs of all stakeholders – employees, customers, partners, shareholders, and others." said Joey Wat, CEO of Yum China. "In 2025 and beyond, Yum China will continue collaborating closely with stakeholders to achieve our sustainability goals. As we pursue opportunities and deliver shareholder value, we remain anchored in ethical, responsible practices – driven by our vision to build a more sustainable future for all."
Yum China continued to receive external recognition for its sustainability initiatives in 2024.
- The Company was ranked industry No.1 in S&P Global Corporate Sustainability Assessment (CSA) and was included in the Dow Jones Sustainability World Index (DJSI World) and the Dow Jones Sustainability Emerging Market Index (DJSI Emerging Markets) for the fifth consecutive year. Yum China is the only company in the consumer services industry from Mainland China to be included as a member of DJSI World.
- The Company also attained the industry highest ranking ("AA") in MSCI ESG rating.
- The Company was named as a "China Top Employer" by the Top Employers Institute for the seventh consecutive year, ranked as No. 2 overall in
China .
To learn more about Yum China's ESG efforts, please visit: https://www.yumchina.com/sustainability/en/home/Index
Read the full 2024 Sustainability Report here
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook," "commit" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China is the largest restaurant company in
Contacts
Investor Relations Contact:
Tel: +86 21 2407 7556
IR@YumChina.com
Media Contact:
Tel: +86 21 2407 8288 / +852 2267 5807
Media@YumChina.com
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SOURCE Yum China Holdings, Inc.