At Yum!, being a good corporate steward is a fundamental commitment and an important part of our success. Our Global Citizenship & Sustainability Strategy, called our Recipe for Good, reflects our priorities for socially responsible growth, risk management and sustainable stewardship of our people, food and planet.
We believe that good corporate governance is a critical factor in achieving business success and embrace practices that align with management and shareholder interests.
ESG Strategy & Leadership
We’re passionate about feeding a future with more purpose through our people, food and planet. To do so, this means being transparent with our stakeholders, including employees, customers, franchisees, shareholders and communities.
We take a holistic approach to stakeholder engagement. This starts with a process for identifying, prioritizing and engaging with stakeholders on issues identified through our materiality assessment. Engagement varies from one-time discussions to regular interaction while working on joint projects that help create strategy and programming. We aim to be as inclusive as possible in this engagement, listening to many points of view from both supportive and critical voices.
Reporting & Materiality
Regular reporting is the primary way we share our progress and show transparency around our environmental, social and governance (ESG) practices. In addition to publishing our annual Recipe for Good report, we participate in other voluntary disclosures including CDP and the Dow Jones Sustainability Index. We also recently completed a new materiality assessment which resulted in five top priority areas of Climate Impact; Equity, Inclusion and Belonging; Food Safety; Packaging; and Operational Waste and Recycling.