This report captures full-year sustainability results and progress primarily from Jan. 1 – Dec. 31, 2017, with some data dating back to 2016. Our previous report was released in 2016, covering our results and progress for calendar year 2015.
On Oct. 31, 2016, we completed the spinoff of our China business. Today, Yum China is an independent, publicly traded company on the New York Stock Exchange under the ticker symbol YUMC. Yum China’s commitment to sustainability continues and their most recent report can be found here.
We also announced our strategic multi-year transformation plans to strengthen and grow our brands around the world. At the same time, we embarked on a journey to develop a Global Citizenship & Sustainability Strategy aligned with our transformation plans, which included a formal materiality assessment, stakeholder engagement and the collection of progress to date against existing goals and programs, culminating in the identification of new priority areas of food, planet and people.
We value and welcome feedback from all interested stakeholders. Please send comments or questions about this report to firstname.lastname@example.org.
This report has been prepared in accordance with the GRI Standards: Core option. We recognize GRI as the most credible standard for reporting on environmental, social and governance issues reflecting the results of a materiality assessment. The GRI Content Index outlines the indicators included in this report and a link to their location in the report. Our GRI Content Index can be found here. All restatements are noted where they appear throughout the report. We do not currently seek external assurance for our report.
We gather data directly for our corporate operations and company-owned restaurants. Data for the majority of our operations is supplied voluntarily by our franchisees through an annual global survey process. As a result, the scope for data presented in this report varies and is noted accordingly.