Shareholders ‘Encouraged’ by Yum Brands’ Commitment to Reduce Greenhouse Gas Emissions
In the Louisville Business First, Marge Clark, BVM, voiced her approval of Yum Brands’ commitment to take steps to reduce the effects of climate change by reducing greenhouse gas emissions from its operations, franchises, and supply chains. Yum is the Louisville-based parent company of KFC, Taco Bell, and Pizza Hut.
“Fast food companies like Yum Brands are well-positioned to minimize risk and capture opportunities by significantly reducing greenhouse gas emissions,” says Marge. “As shareholders, we’re particularly encouraged by the company’s agreement to tackle not only the emissions from the company and its franchisees but those in its agricultural supply chain—which make up the lion’s share—as well.”
The move was part of an agreement with investors—Marge supported by Francis Sherman of Seventh Generation Interfaith Coalition for Responsible Investment and the nonprofit sustainability organization Ceres—who made a shareholder resolution that called on Yum to explore renewable energy sources and other climate change prevention methods.
Read more: Louisville Business First—”Yum Brands commits to reducing greenhouse gas emissions.”