Industry News | December 9, 2008

Fast Food Isn't Always the Bad Guy

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Yum! Brands Inc. (NYSE:YUM - News) the world’s largest restaurant company and parent of Taco Bell, Pizza Hut, KFC, today released its first Corporate Responsibility Report titled: ‘Serving the World.’ The printed version of this document, in limited quantity, is on 100 percent recycled paper, using vegetable oil ink so that it is a renewable resource. The Report also can be accessed on Yum's corporate Web site and a PDF version can be downloaded.

The Report examines Yum! Brands' social, environmental and economic impact based on company and external stakeholder expectations, with focus on: Corporate Governance and Ethics, Public Policy and Government Affairs, Culture and People Development, Health and Nutrition, Environment, Supply Chain, and Community Giving.

The company plans to provide on-going updates on progress and milestones through its Web site and social media tools and to issue its next CR report in 2010.

As part of Yum!’s commitment to the community, the company initiated World Hunger Relief in 2007. Now in its second year, it has become the world’s largest volunteer movement and private sector effort to combat hunger. Hunger has reached epidemic proportions around the globe affecting nearly one billion people. The global movement has raised nearly $35 million in overall donations for the United Nation’s World Food Programme and other hunger relief agencies. This year, more than 1.4 million employees, franchisees and their families across nearly 36,000 KFC, Pizza Hut, Taco Bell, Long John Silver’s and A&W Restaurants in more than 110 countries volunteered approximately five million volunteer hours to aid hunger relief efforts in communities worldwide. To date, this effort is helping save over 3.4 million people from starvation in remote corners of the world, where hunger is most prevalent. The company also donates over $45 million of its prepared food in the United States to food banks, homeless shelters and soup kitchens.