Yum! Brands was named to the Bloomberg Gender-Equality Index for the second consecutive year for the company’s focused commitment to transparency in gender reporting and advancing women’s equality. The 2019 Bloomberg GEI includes 230 companies from 10 sectors across 36 countries and regions.
“I’m incredibly proud that we’ve once again been named to the Bloomberg Gender-Equality Index. It’s a recognition of our ongoing commitment to ensure diversity and inclusion, including gender equity, are integrated into all aspects of our business,” says Tracy Skeans, Yum! Chief Transformation and People Officer. “Our focus on advancing women at Yum! Brands, KFC, Pizza Hut and Taco Bell has already resulted in more women in senior leadership roles globally.”
In 2018, Yum! announced a goal to achieve gender parity in senior leadership globally by 2030. The commitment aligns with the Paradigm for Parity® coalition, a movement of Fortune 500 CEOs, senior business leaders and academics who are committed to achieving a new norm in corporate leadership: one in which women and men have equal power, status and opportunity. Additionally in 2018, Yum! signed on to the CEO Action for Diversity & Inclusion™, the largest CEO-driven business commitment to advance diversity and inclusion within the workplace.
“We applaud Yum! Brands and the other 229 firms tracked by the index for their action to measure gender equality through the Bloomberg GEI framework,” adds Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30 percent Club. “Yum! Brands’ GEI inclusion is a strong indicator to its employees, investors and industry peers alike that it is leading by example to advance ongoing efforts for a truly inclusive workplace.”
Bloomberg’s standardized reporting framework offers public companies the opportunity to disclose information on how they promote gender equality across four separate areas – company statistics, policies, community engagement and products and services. Reporting companies that score above a globally established threshold, based on the extent of disclosures and the achievement of best-in-class statistics and policies, are included in the GEI.
