Yum China’s Unwavering Commitment to ESG Highlighted in 2023 Sustainability Record, Industry News

/PRNewswire/ — Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, “Yum China” or the “Firm”) at the serene time announced that it has printed its seventh annual Sustainability Record. The document outlines the Firm’s achievements and ongoing development in direction of its Environmental, Social and Governance (ESG) objectives in four level of interest areas: Atmosphere, Meals, Of us, and Community.

Key highlights from the document contain:

• In 2023, the Firm inaugurated thefirst 100% renewable energy wintry-chain logistics center in China. By integrating Disbursed Photovoltaic (DPV) programs and Digital Energy Possess Agreements (VPPA), Yum China has successfully transitioned over 70 drinking locations and three logistics facilities to expend green electrical energy, reaching an annual renewable energy consumption of roughly 8,000 MWh. The Firm also established the ‘Yum China DPV and VPPA Alliance’ in collaboration with 40 key suppliers. This alliance permits present chain companions to embody renewable energy and join transformation.
• As fragment of itsnationwide coffee grounds recycling initiative, the Firm constructed 5 coffee grounds disposal facilities all around the nation. Environmentally-pleasant baskets and trays made with recycled coffee grounds are after all being passe at over 1,500 KFC drinking locations in Chinawith plans for extra expansion in coming years.
• Yum China started exploring the utilization of generative artificial intelligence in its digital-enabled Meals Safety Threat Assessment and Early Warning Machineenabling multidimensional overview of doubtless meals security risks all around the total operation.
• The Firm continued to red meat up its‘YUMC Care’ advantages program in 2023, extra expanding scientific and accident insurance protection protection for eligible workers’ family. Yum China was as soon as over again named by the Prime Employers Institute as a Prime Employer in China for the sixth consecutive yr.
• To this level,Yum China’s One Yuan Donation initiative has raised over RMB 260 millioncontributing to poverty alleviation and rural revitalization by improving the weight loss procedure and nutrition of young folks in rural areas and embellishing their accept admission to to digital training.
• Yum China supplied over RMB 3 million in financial help and tens of thousands of meals to these littered with Typhoon Doksuri in July 2023 and the December 2023 Gansu earthquake.

“Ensuring that we develop sustainably is of paramount significance to us and to our switch and is a in reality primary fragment of establishing prolonged-timeframe worth for our shareholders” said Joey WhatCEO of Yum China. “Working side by side with our clients, suppliers and the broader community, we are assured that we are in a position to voice a main instance in our switch as an environmentally, ethically and socially to blame switch.”

Yum China continued to accept exterior recognition for its sustainability initiatives in 2023.

• The Firmranked No.1 in the Restaurant & Leisure Facilities Industry in S&P World Company Sustainability Assessment (CSA) for the fourth consecutive yr, and is the simplest firm in the Restaurant & Leisure Facilities Industry to be awarded a ‘Prime 1% World ESG Salvage’ in the S&P World Sustainability Yearbook 2024.
• The Firm also attained the“AA” ranking in the MSCI ESG ranking, the very best ranking in its switch.
• Furthermore, Yum China joined the United Countries World Compact (UNGC)committing to operate responsibly basically basically based on the UNGC’s ten universally licensed suggestions in the areas of human rights, labor, ambiance, and anti-corruption.

To learn more about Yum China’s ESG efforts, please talk over with: https://www.yumchina.com/sustainability/en/dwelling/Index

Read the fleshy 2023 Sustainability Record here.

Forward-Having a gaze Statements

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About Yum China Holdings, Inc.

Yum China is the largest restaurant firm in China with a mission to fabricate every existence model swish. The Firm has over 400,000 workers and operates over 14,000 drinking locations below six manufacturers all over 2,000 cities in China. KFC and Pizza Hut are the main manufacturers in the speedily-provider and informal eating restaurant spaces in Chinarespectively. As smartly as, Yum China has partnered with Lavazza to fabricate the Lavazza coffee belief in China. Little Sheep and Huang Ji Huang specialize in Chinese language cuisine. Taco Bell provides modern Mexican-impressed meals. Yum China has a world-class, digitalized present chain which involves an intensive community of logistics facilities nationwide and an in-dwelling present chain management system. Its solid digital capabilities and loyalty program allow the Firm to reach clients faster and help them better. Yum China is a Fortune 500 firm with the vision to be the world’s most modern pioneer in the restaurant switch. For more recordsdata, please talk over with http://ir.yumchina.com.