The Wendy’s Co. continued to enhance its environmental and social objectives in 2020, as indicated within the firm’s 2020 Company Accountability Report, in accordance with a press launch. The reported provided an evaluation of progress and a number of other new objectives associated to the corporate’s Wendy’s Good Finished Proper” technique.
“All the pieces we do revolves round our imaginative and prescient of turning into the world’s most thriving and beloved restaurant model,” Wendy’s President and CEO Todd Penegor mentioned within the press launch. “All through 2020, our groups remained targeted on caring for our clients and the Wendy’s household whereas making a constructive, lasting distinction within the broader communities we serve.”
For the primary time, Wendy’s is recognizing main reporting requirements such because the World Reporting Initiative and Sustainability Accounting Requirements Board obtainable within the report. The corporate additionally shared how its materials impacts align with the globally acknowledged UN Sustainable Improvement Objectives.
Later this yr, Wendy’s can even report back to the CDP for Local weather for the primary time.
New objectives embody:
- Meals: Responsibly supply Wendy’s high 10 precedence meals classes by 2030. The corporate is now formalizing its method by growing environmental and social standards, that are knowledgeable by a lifecycle evaluation of precedence meals classes, Wendy’s Animal Care Requirements Program, a human rights threat evaluation and thru collaboration with key provide chain companions. These standards are meant to permit Wendy’s to evaluate present standing, set new targets and exhibit progress and transparency via ongoing reporting. The highest 10 precedence meals classes, decided by spend and affect, embody merchandise similar to beef, rooster, pork, dairy, eggs, produce and drinks.
- Folks: Improve the illustration of underrepresented populations amongst firm management and administration, in addition to the range of franchisees. Areas of focus embody rising illustration of those that establish as feminine and individuals of coloration, in addition to driving an inclusive mindset and tradition in any respect ranges of the group.
- Footprint: Sustainably supply 100% of customer-facing packaging by 2026. To perform this objective, over the subsequent 5 years, Wendy’s will optimize customer-facing packaging and transition to sustainable choices together with objects that: have greater recycled content material; use fewer uncooked supplies; adhere to a longtime restricted substances checklist; are recyclable, compostable or reusable; and are sourced from areas that don’t contribute to deforestation. The corporate can even monitor and cut back greenhouse fuel emissions and set a science-based goal by the tip of 2023.