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For your convenience, we have archived all of Yum! Brands' statements and press releases since our company's inception in 1997. To view an archived press release, please select a 'year' or 'brand' from the list above.
Yum! Brands Directs $1.5 Million of World Hunger Relief Funds to Philippines
LOUISVILLE, KY, November 13, 2013 - Yum! Brands (NYSE: YUM), the parent company of KFC, Pizza Hut and Taco Bell, announced today that it is directing $1.5 million from its World Hunger Relief global effort to provide food to families affected by the recent typhoon in the Philippines. The funds will help the United Nations World Food Programme (WFP) feed those in urgent need of food assistance.
Typhoon Haiyan devastated the impoverished nation of 96 million people. According to the National Disaster Risk Reduction and Management Council, 9.6 million people are affected across 41 provinces, with more than 615,000 people displaced. These preliminary figures will likely increase as more information becomes available.
“The situation in the Philippines is devastating and our sympathies go out to everyone impacted by the typhoon,” said David Novak, Chairman and CEO, Yum! Brands, Inc., “The $1.5 million that we are sending will provide more than six million meals to those in need.”
The WFP is on the ground in the Philippines providing much needed assistance to those affected in the region. Their efforts will ensure that 2.5 million people receive food, logistics and emergency telecommunications over the next six months. To support WFP’s relief effort, please visit: www.wfp.org/typhoon.
“Because the early days of a disaster response are so critical in saving lives, these additional resources from Yum! will help ensure we can reach those who need assistance most,” says WFP Philippines Country Director Praveen Agrawal. “This donation at this particular moment will help avert hunger in people who have already suffered so much – and it shows the important role the private sector can play in alleviating hunger.”
With more than 385 restaurants in the Philippines, Yum! is providing up to $50,000 through its Yum! Family Fund to help employees and their families affected by the storm get assistance and rebuild their lives.
World Hunger Relief
Yum! Brands’ World Hunger Relief effort is the world’s largest private sector hunger relief initiative, spanning more than 130 countries and territories, 40,000 KFC, Pizza Hut and Taco Bell restaurants and nearly 1.5 million employees, to raise awareness, volunteerism and funds for WFP and other hunger relief agencies. To date, Yum! has raised more than $150 million resulting in more than 600 million meals and saving the lives of millions of people in remote corners of the world.
Yum! Brands, Inc., based in Louisville, Kentucky, has 40,000 restaurants in more than 130 countries and territories. Yum! is ranked #201 on the Fortune 500 List and generated revenues of over $13 billion in 2012 and in 2013 was named among the top 100 Corporate Citizens by Corporate Responsibility Magazine. The Company's restaurant brands - KFC, Pizza Hut and Taco Bell - are the global leaders of the chicken, pizza and Mexican-style food categories. Outside the United States, the Yum! Brands system opened approximately five new restaurants each day of the year, making it a leader in international retail development. The Company has consistently been recognized for its consistent shareholder returns, diversity leadership, community giving and recognition culture.
The releases contained on this page may contain dated information. Readers are cautioned that the releases on this page are maintained here solely for the purposes of providing historical background about Yum! Brands, its business and product offerings. As the releases may contain dated information, they should not be relied upon as providing accurate or current information. Yum! Brands disclaims any intention or obligation to update or revise any of the information contained in any of the releases on this page, whether as a result of new information, future events or otherwise.
Yum! News 2013
November 20, 2013 Yum! Brands Realigns Business Divisions to Propel Global Growth; US and Yum! Restaurants International Combined to Focus on Global Brands
November 13, 2013 Yum! Brands Directs $1.5 Million of World Hunger Relief Funds to Philippines
October 22, 2013 Yum! Brands Announces Opening of 40,000th Restaurant with KFC in Goa, India to Spotlight Emerging Market Leadership and Growth By 2015, India to Have 1,000 Restaurants in More Than 100 Cities; Yum! and Franchise Partners Plan to Invest $10 Billion in Emerging Markets by 2020
October 11, 2013 Yum! Brands Global IT Recognized with 2013 InfoWorld/Forrester Enterprise Architecture Award
October 10, 2013 Yum! Recognizes Global Volunteers with Huge Heart Champion Awards; $250,000 USD in Grants to be Awarded to Qualifying Non-profit Agencies
October 8, 2013 Rob Lauber Named Chief Learning Officer of the Year by Chief Learning Officer Magazine; Multiple Honors Reflect Yum! Brands’ Learning Culture
October 3, 2013 Muhammad Ali Humanitarian Awards presented by Yum! Brands Foundation Honors Individuals From Around the Globe; Former President Jimmy Carter, Christina Aguilera, and Michael Bolton Honored; Six Young Adults from Around the World Receive Muhammad Ali Core Principle Awards; Mark Hogg of WaterStep Receives Muhammad Ali Kentucky Humanitarian Award
September 27, 2013 Muhammad Ali Center Peace Gardens Reach 160 Worldwide Teaching Children Respect for Different Cultures, Addressing Hunger Relief and Educating About Nutrition; Yum! Brands Foundation Underwrites MAC Peace Garden Initiative as Extension of World Hunger Relief Effort; National Gardening Association Key Partner
September 18, 2013 Yum! Restaurants India and Smile Foundation celebrate World Hunger Relief
September 12, 2013 Yum! Brands, KFC, Pizza Hut and Taco Bell Launch World Hunger Relief Effort Featuring Global Spokesperson Christina Aguilera in New Public Service Announcement;
May 29, 2013 Yum! Brands Extends KFC Original Recipe Eleven Herbs and Spices to Mongolia; Milestone Spotlights Company’s Expansion in Emerging Markets
May 20, 2013 Yum! Brands Foundation Awards Nearly $250,000 in Grant Prizes to 140 Schools for U.S. Hunger Relief Charities
February 28, 2013 Yum! Brands Recognized by International Franchise Association for Accomplishments in Diversity and Inclusion