Yum China receives “A” rating from MSCI ESG

SHANGHAI, December 13, 2021 / PRNewswire / – Yum China Holdings, Inc. (the “Company” or “Yum China“, NYSE: YUMC and HKEX: 9987) announced that it received an” A “rating in the latest MSCI Environmental, Social and Governance (ESG) ratings for 2021. Yum China is one of only two catering companies to receive an “A” rating, recognizing the strong ESG performance of the company.

“Sustainability is an integral part of our business and is essential to our future success. We strive to work collaboratively with our stakeholders throughout the value chain to promote innovation for sustainable development, ”said Joey vat, CEO of Yum China. “We are honored to receive an ‘A’ rating from MSCI for our efforts and commitment to sustainability. “

Yum China The industry’s leading position in MSCI ESG ratings is driven by the company’s continuous progress and efforts in ESG. According to MSCI, Yum China has outperformed its industry peers in the areas of corporate governance, packaging materials and waste, and opportunities in nutrition and health. MSCI also awarded Yum China a best-in-class rating for board performance and recognized the company’s detailed business ethics and corruption policies.

Yum China is actively involved in the fight against plastic waste and carbon emissions by implementing improved sustainable packaging measures, aiming to reduce by 30% (compared to the 2019 baseline) the weight of non-degradable plastic packaging d ‘by 2025 and also commits to achieve 100% FSC-certified packaging paper packaging. In addition, Yum China pledged to support the Paris Agreement by setting science-based emissions reduction targets and achieving a zero GHG emissions net value chain by 2050.

MSCI Inc. is the world’s leading provider of ESG indices with more than 1,500 actions and ESG fixed income indices designed to help institutional investors compare the performance of ESG investments and manage, measure and report ESG mandates. MSCI ESG Ratings is designed to measure a company’s resilience to long-term ESG risks.

Yum China leadership in sustainable development is recognized by the company’s presence in the main sustainable development indices and ratings. Especially, Yum China has once again been recognized as one of the industry’s leading companies for its sustainability performance in the Dow Jones 2021 Sustainability Indices (DJSI). He was selected as a member of both the DJSI World Index and the DJSI Emerging Market Index for the second year in a row.

See Yum China last CSR and sustainable development report here:

https://www.yumchina.com/respIndex

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend that all forward-looking statements be covered by these provisions. of the Safe Harbor of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by not relating strictly to historical or current facts and by the use of forward-looking words such as ” expect “,” expectation “,” believe “,” anticipate “,” may “,” could “,” intend “,” belief “,” aim “,” plan “,” estimate “,” target “,” predict “,” plan “,” likely, “” will “,” continue “,” should “,” predict “,” prospect “,” be looking forward to “or similar terminology. These statements are based on current estimates and assumptions that we have made in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable. under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties which are difficult to predict and could cause our actual results or events to differ materially from those indicated by such statements. We cannot assure you that our expectations, estimates or assumptions will be realized. The forward-looking statements included in this press release are made only as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. ‘required. All forward-looking statements should be evaluated taking into account their inherent uncertainty. You should refer to our documents filed with the Securities and Exchange Commission (including the information set out under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our annual report on Form 10-K and Subsequent Quarterly Reports on Form 10-Q) for more details on factors that could affect our financial and other results.

About Yum China Holdings, Inc.

Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It owns the exclusive rights in mainland China to KFC, China’s leading fast food brand, and Pizza Hut, China’s leading casual dining brand. China, and Taco Bell, a Californiachain of restaurants serving innovative Mexican-inspired cuisine. Yum China also owns the Petit Mouton, Huang Ji Huang, East Dawning and COFFii & JOY pure and simple concepts. In addition, Yum China partnered with Lavazza to explore and develop the Lavazza coffee concept by China. The Company had 11,415 restaurants in more than 1,600 cities at the end of September 2021. Yum China Ranked # 363 on the Fortune 500 list and was named to TIME100’s Most Influential Companies list in 2021. Yum China was selected as a member of the two Dow Jones Sustainability (DJSI) indices: World Index and Emerging Market Index. In 2021, Yum China was named to the Bloomberg Gender-Equality Index and was certified Top Employer 2021 in China by the Top Employers Institute, both for the third consecutive year. For more information, please visit http://ir.yumchina.com.

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SOURCE Yum China Holdings, Inc.


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