YUM – NYSE
Our mission is to build the world’s most loved, trusted and fastest growing restaurant brands. We are evolving KFC, Pizza Hut Taco Bell and The Habit Burger Grill into iconic, distinctive and relevant global brands.
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Yum! Brands isn’t your average Fortune 500 company – we like to do things a little differently. From our world-famous culture of fun and recognition to our focus on your career potential, Yum! puts a unique stamp on day-to-day business. You will see why the passion of our people and the power of our brands are just two reasons there’s no place like Yum!.
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Yum! Brands is focused on building KFC, Pizza Hut, Taco Bell and The Habit Burger Grill to be the world’s most loved, trusted and fastest growing restaurant brands. As a global company that serves millions of consumers at 55,000 restaurants across 155 countries and territories, we aim to make the world better by acting responsibly with respect to food, planet and people.
Yum! Brands has over 55,000 restaurants in 155 countries and territories operating the Company’s restaurant brands – KFC, Pizza Hut, Taco Bell and The Habit Burger Grill.
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Yum!’s commitment to addressing climate change by reducing deforestation goes beyond the sourcing of our animal products. In 2019, we endorsed the New York Declaration on Forests (NYDF) and the private sector goal of eliminating deforestation from the production of agriculture commodities such as beef, soy, palm oil and paper products. NYDF members have collectively committed to end natural forest loss by 2030.
We have worked with the World Wildlife Fund (WWF) to better understand and address sourcing of beef and soy from areas with high risk for deforestation. Through close collaboration with our direct and indirect suppliers on traceability, we estimate that 98% of our beef supply was sourced from regions of lower risk of tropical deforestation in 2021 with about 80% coming from the U.S. and Canada. To further show progress, we disclose to CDP Forests for our cattle products each year.
Soy, which is a primary ingredient in our chicken feed, has a complex supply chain. While our business is at least five steps removed from the soybean field, we continue to work across our supply chain to achieve greater levels of visibility and accountability. Through a partnership with FAI Farms, in 2021, we mapped our sourcing of Brazilian soy for chicken feed going to Western Europe. We also recently revised our beef and soy supply chain plan, which is based on the Accountability Framework initiative.
We report to the Annual Communication of Progress through the Roundtable on Sustainable Palm Oil (RSPO). In 2021, 100% of palm oil used for cooking supported sustainable production through the RSPO. Additionally, we use a satellite technology, to analyze and mitigate deforestation risks across our supply chain and continue to look for opportunities to reduce the environmental footprint of our palm oil use.
We are committed to purchasing 100% of our paper-based packaging with fiber from responsibly managed forests and recycled sources and are exploring sustainable alternative fibers like bamboo.
As an active member of the NYDF, Tropical Forest Alliance, and UK Roundtable on Sustainable Soya, Yum! and our brands are monitoring legislation worldwide and participating in discussions about how governments and businesses can protect forests. We also continue to increase disclosure and our progress is evident in our CDP scores.
Yum! Brands RSC, 1900 Colonel Sanders Lane, Louisville, KY 40213, 502.874.8300