Yum China Achieves Highest Score in Its Industry for the Third Consecutive Year on the Dow Jones Sustainability Index
Yum China Holdings was ranked the best in the 88 companies assessed in the Restaurant & Leisure Facilities (REX) Industry in the S&P Global Corporate Sustainability Assessment (CSA) 2022. It is the third consecutive year that Yum China has been selected as a member of both the Dow Jones Sustainability Indices (DJSI): World Index (DJSI World) and Emerging Market Index (DJSI Emerging Markets). And Yum China is the only company in the Consumer Services industry group from mainland China selected as a member of DJSI World.
As the largest restaurant company in China, Yum China is driving positive change for people and the planet. The Company strives to create a responsible ecosystem by building sustainable restaurants, creating a sustainable supply chain, and contributing to sustainable communities together with all stakeholders.
On the Dow Jones Sustainability Index this year, Yum China received an impressive score of 74 out of 100 points, reflecting the Company’s strong performance across governance and economic, environmental, and social dimensions. Yum China achieved the industry's highest score in 12 out of the 30 total criteria, including Sustainable Packaging, Supply Chain Management, Stakeholder Engagement, and Environmental and Social Reporting, among other criteria.
Addressing climate-related risks and opportunities is a strategic priority for Yum China as the Company is moving towards net-zero value chain GHG emissions by 2050. The Company is exploring ways to apply renewable energy through collaboration with various stakeholders. For example, by leveraging China’s green power trading pilot scheme launched in 2021, two company-owned restaurants in Hangzhou, Zhejiang province, have been powered by 100% renewable energy since December this year. This is made possible through a green power purchase agreement with a local power trading company. Yum China is now seeking opportunities to gradually extend the program to more restaurants across the country.