Yum! Responsibility
At Yum! Corporate Responsibility is our commitment to people, the environment, and society as a whole. Based in Louisville, Kentucky, Yum! Brands, Inc. is the world's largest restaurant company, with more than 37,000 restaurants in more than 110 countries and territories.
Results for 2009 once again affirmed our consistent record of success with 13 percent Earnings Per Share (EPS) growth, which marks the eighth straight year we delivered at least 13% growth and exceeded our 10% EPS growth target. For the full year 2009, we opened more than 1,400 new restaurants outside the U.S. Importantly, we maintained our Return on Investment Capital (ROIC) of 20% and continued to be an industry leader.
We're proud of the unique culture we've built, one that's filled with energy, opportunity, and fun. We believe in our people, trust in their positive intentions, encourage ideas from everyone, and have actively developed a workforce that is diverse in style and background. Yum! is a place where anyone can, and does, make a difference.
Going for Greatness by Serving the World
At Yum! Brands, we take very seriously our responsibility to our associates, our customers and the communities in which we do business. We aspire to be the best in the world at building great brands and running great restaurants. And we're committed to making a positive difference by Serving the World. Read More...
Letter from Jonathan Blum - Senior Vice President, Chief Public Affairs Officer,
We plan to expand our movement year over year to help wipe out hunger in impoverished parts of the world where they've never even heard of our restaurant brands. Read More...
2008 CR Report
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New Book Highlights Yum!'s Fight to End World Hunger
In a world of ample food supply, millions still perish every year from hunger-related illnesses. Award-winning journalists Roger Thurow and Scott Kilman examine this perplexity. Through its poignant stories and in depth research, Enough is a call to action, providing a comprehensive overview of how the world can join together to fight hunger.
Our Commitment
Our commitment to our associates goes beyond just growing their professional skills. For many of our team members, working in one of our restaurants is often their first job. So we strive to develop their life skills - foundational abilities such as teamwork, responsibility, problem solving, positive energy, and a relentless drive to serve and satisfy customers - so they can grow to their full capability, be successful in whatever they do, and achieve their dreams.
This commitment to people extends to the communities we serve across the world. CR is central to our ability to succeed in the marketplace and to be positive, responsible corporate citizens. Because we're the largest restaurant company in the world and we're passionate about helping people better themselves and their communities, we're determined to address three critical challenges:
- The health and nutritional needs of our consumers;
- Feeding the world's hungry; and
- Understanding and respecting the sensitive environmental and agricultural resources on which our business depends.
The Future of Giving at Yum!
We believe that giving back and making a difference in the lives of the less fortunate is our privilege and our responsibility. The charitable spirit and culture of Yum! directs our efforts around the globe.
World Hunger Relief is our signature global program to address hunger and hopelessness. Our partnership with the U.N. World Food Programme has succeeded in ways we never imagined possible. Through it we have gone beyond making a contribution to relieving hunger and we have built momentum for ongoing volunteerism and community engagement globally by giving our associates the tools, opportunities and encouragement to place themselves at the heart of pressing societal issues.
Since the World Hunger Relief launched in 2007, more than 1.4 million of the Company's employees, franchisees and their families have volunteered more than 15 million hours to aid hunger relief efforts in communities worldwide. The effort has raised nearly $60 million for the WFP and other hunger relief organizations and is helping to provide approximately 250 million meals and save the lives of millions of people in remote corners of the world, where hunger is the most prevalent.
At the Clinton Global Initiative last year, Yum! Brands pledged to do the following over the next few years: raise and donate at least $80 million to help WFP and others provide 200 million meals for hungry school children in developing countries; donate 20 million hours of hunger relief volunteer service in the communities in which it operates; donate $200 million worth of its prepared food to hunger agencies in the United States and use the Company's marketing clout to generate awareness of the hunger problem, and convince others to become part of the solution.
Yum! and its brands have been committed to fighting hunger for more than a decade by donating more than $46 million of prepared food annually to the underprivileged in the United States. Since the company went public in 1997, it has donated more than $550 million of its food to hunger relief agencies in the U.S.
We will look to this flagship program as a best practice and example for our future global initiatives.