SHANGHAI, China, Nov. 18, 2021 /PRNewswire/ -- Yum China Holdings,
Inc. (the "Company" or "Yum China",
NYSE: YUMC and HKEX: 9987) 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.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. We intend all
forward-looking statements to be covered by the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally can be identified by the fact
that they do not relate strictly to historical or current facts and
by the use of forward-looking words such as "expect,"
"expectation," "believe," "anticipate," "may," "could," "intend,"
"belief," "aim," "plan," "estimate," "target," "predict,"
"project," "likely," "will," "continue," "should," "forecast,"
"outlook," "look forward to" or similar terminology. These
statements are based on current estimates and assumptions made by
us in light of our experience and perception of historical trends,
current conditions and expected future developments, as well as
other factors that we believe are appropriate and reasonable under
the circumstances, but there can be no assurance that such
estimates and assumptions will prove to be correct. Forward-looking
statements are not guarantees of performance and are inherently
subject to known and unknown risks and uncertainties that are
difficult to predict and could cause our actual results or events
to differ materially from those indicated by those statements. We
cannot assure you that any of our expectations, estimates or
assumptions will be achieved. The forward-looking statements
included in this press release are only made as of the date of this
press release, and we disclaim any obligation to publicly update
any forward-looking statement to reflect subsequent events or
circumstances, except as required by law. All forward-looking
statements should be evaluated with the understanding of their
inherent uncertainty. You should consult our filings with the
Securities and Exchange Commission (including the information set
forth under the captions "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations " in our Annual Report on Form 10-K and subsequent
Quarterly Reports on Form 10-Q) for additional detail about factors
that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China Holdings, Inc. is a licensee of Yum! Brands in
mainland China. It has exclusive rights in mainland China to KFC,
China's leading quick-service restaurant brand, Pizza Hut, the
leading casual dining restaurant brand in China, and Taco Bell, a California-based restaurant chain serving
innovative Mexican-inspired food. Yum
China also owns the Little Sheep, Huang Ji Huang, East Dawning and COFFii &
JOY concepts outright. In addition, Yum
China has partnered with Lavazza to explore and develop the
Lavazza coffee shop concept in China. The Company had 11,415 restaurants in
over 1,600 cities at the end of September
2021. Yum China ranked # 363
on the Fortune 500 list and was named to TIME100 Most Influential
Companies list in 2021. Yum China
has been selected as member of both Dow Jones Sustainability
Indices (DJSI): World Index and Emerging Market Index. In 2021,
Yum China was named to the Bloomberg
Gender-Equality Index and was certified as a Top Employer 2021 in
China by the Top Employers
Institute, both for the third consecutive year. For more
information, please visit http://ir.yumchina.com.
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SOURCE Yum China Holdings Inc.