SHANGHAI, China – Yum China Holdings, Inc. has received one of the best scores out of 28 companies assessed in the Restaurant & Leisure Facilities Industry in the S&P Global Corporate Sustainability Assessment (CSA) 2021. As one of the industry top-performing companies, Yum China has been selected as a member of both Dow Jones Sustainability Indices (DJSI): World Index (DJSI World) and Emerging Market Index (DJSI Emerging Markets) for the second consecutive year. Yum China is the only company from mainland China selected as a member of DJSI World.
Yum China received an impressive score of 75 out of 100 points, compared with an industry average of 21 points. This reflects the Company’s strong performance across governance and economic, environmental and social dimensions, receiving highest scores among participating companies in the Restaurant & Leisure Facilities Industry in several areas evaluated, including Brand Management, Information Security / Cybersecurity & System Availability, Supply Chain Management, Food Loss & Waste, Packaging, Human Capital Development, and Local Impact of Business Operations.
“We are proud that Yum China has again achieved the leading ranking in our industry in the DJSI indices. It validates our ongoing efforts to make meaningful progress and continuously enhance our sustainability performance,” said Joey Wat, CEO of Yum China. “Working together with all the stakeholders along our value chain, we are fully committed to contributing to a sustainable future for our planet.”
The DJSI, including the DJSI World, were launched in 1999 as the pioneering series of global sustainability benchmarks available in the market. DJSI World applies a transparent, rules-based constituent selection process based on the companies’ S&P Global ESG Score resulting from the annual CSA. This year, more than 10,000 publicly traded companies were invited to participate in the CSA.
“We congratulate Yum China for being included in the DJSI World & Emerging Markets. A DJSI distinction is a reflection of being a sustainability leader in your industry. The record number of companies participating in the 2021 S&P Global CSA is testament to the growing movement for ESG disclosure and transparency,” said Manjit Jus, Global Head of ESG Research, S&P Global.
As China’s largest restaurant company in terms of 2020 system sales, Yum China has integrated sustainability with its long-term business growth strategy. It takes a holistic approach when managing sustainability and has focused its efforts around three key pillars: Environment, Food and People. The Company strives to establish a responsible ecosystem by building sustainable restaurants, creating a sustainable supply chain with partners, and building sustainable communities with all stakeholders.
For more information on Yum China’s corporate sustainability and CSR initiatives, please visit http://www.yumchina.com/respIndex.