SHANGHAI, March 8, 2022 /PRNewswire/ -- Yum China Holdings,
Inc. (the "Company" or "Yum China",
NYSE: YUMC and HKEX: 9987) today announced it has been ranked among
the leading companies worldwide in the 2022 edition of Equileap's
Top 100 Gender Equality Global Ranking. Yum
China is the only company from China named to the list this
year. Notably, Yum China was also
recognized among 19 companies globally with no gender pay gap.
Equileap is the leading organization providing data and insights
on gender equality in the corporate sector. This year's
ranking is based on the in-depth analysis of 3,895 publicly
listed companies, representing 102 million employees globally.
Companies are researched on 19 gender equality criteria including
gender balance from the board to the workforce, as well as the pay
gap and policies relating to parental leave and sexual
harassment.
"We are proud to be recognized by Equileap as one of the leading
companies worldwide for gender equity. This reflects our
longstanding commitment to promoting equal opportunities in the
workplace," said Joey Wat, CEO of
Yum China. "At Yum China, we believe
that bringing together people from different backgrounds creates
significant value, and we are committed to achieving gender equity
at all levels of the company."
Yum China is at the forefront of
promoting gender equality in the restaurant industry. By the end of
the 2021 fiscal year, Yum China
employed over 290,000 women, representing 65% of the Company's
total workforce. Meanwhile, 53% of Senior Management level
positions were held by women and the Company continues to make
progress in nurturing talented leaders across all management
levels.
In addition to the Equileap global ranking, Yum China was recently named to the Bloomberg
Gender-Equality Index (GEI) for the fourth consecutive year.
Yum China is also a signatory of the
United Nations Women's Empowerment Principles (WEPs) and is
committed to its principle of non-discrimination in the
workplace.
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 all
forward-looking statements to be covered by the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally can be identified by the fact
that they do not relate 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,"
"project," "likely," "will," "continue," "should," "forecast,"
"outlook," "look forward to" or similar terminology. These
statements are based on current estimates and assumptions made by
us in light of our experience and 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 that are
difficult to predict and could cause our actual results or events
to differ materially from those indicated by those statements. We
cannot assure you that any of our expectations, estimates or
assumptions will be achieved. The forward-looking statements
included in this press release are only made 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. All forward-looking
statements should be evaluated with the understanding of their
inherent uncertainty. You should consult our filings with the
Securities and Exchange Commission (including the information set
forth under the captions "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 additional detail about 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 has exclusive rights in mainland China to KFC,
China's leading quick-service restaurant brand, Pizza Hut, the
leading casual dining restaurant brand in China, and Taco Bell, a California-based restaurant chain serving
innovative Mexican-inspired food. Yum
China also owns the Little Sheep, Huang Ji Huang, East Dawning and COFFii &
JOY concepts outright. In addition, Yum
China has partnered with Lavazza to explore and develop the
Lavazza coffee shop concept in China. The Company had 11,788 restaurants in
over 1,600 cities at the end of December
2021.
In 2021, Yum China ranked # 363
on the Fortune 500 list and was named to TIME100 Most Influential
Companies list. Yum China has also
been selected as member of both Dow Jones Sustainability Indices
(DJSI): World Index and Emerging Market Index. In 2022, the Company
was named to the Bloomberg Gender-Equality Index and was certified
as a Top Employer 2022 in China by
the Top Employers Institute, both for the fourth consecutive year.
For more information, please visit http://ir.yumchina.com.
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SOURCE Yum China Holdings Inc.