SHANGHAI, April 22,
2022 /PRNewswire/ -- Yum China Holdings, Inc.
(the "Company" or "Yum China", NYSE:
YUMC and HKEX: 9987) today announced the launch of KFC's first
Green Pioneer Stores in Hangzhou
and Beijing, aiming to further
integrate innovative solutions for building net-zero restaurants in
the future. The move is part of Yum
China's climate strategy and roadmap towards the ambition of
reaching net-zero value chain greenhouse gas (GHG) emissions by
2050, following the signing and submission of the Business Ambition
for 1.5°C Commitment Letter to the Science Based Target initiative
(SBTi) in 2021.
![KFC Green Pioneer Store in Hangzhou KFC Green Pioneer Store in Hangzhou](https://mma.prnewswire.com/media/1802501/KFC_Green_Pioneer_Store_in_Hangzhou.jpg)
"We are committed to driving meaningful change and pioneering in
the restaurant industry towards net-zero emissions. Building Green
Pioneer Stores is an important part of our journey," said
Joey Wat, CEO of Yum China. "We will continue to explore
utilization of innovative technologies in restaurant construction
and operations to promote sustainable development as well as
contribute to the low carbon economy."
Guided by Yum China's 4R (Reduce,
Reuse, Recycle and Replace) Principles, KFC has already integrated
energy saving, emissions reduction, plastic reduction, and other
environmentally friendly measures in its stores across the country.
Green Pioneer Stores utilize advanced low-carbon technologies in
their construction and daily operations. Compared with the average
GHG emissions of KFC stores in 2020, Green Pioneer Stores are
expected to further reduce GHG emissions by approximately 15% per
year.
- Renewable Energy / Solar Power: At KFC's Green Pioneer
Store in Hangzhou, solar panels
are installed on the roof of the store, generating about 10,000 kWh
of solar power every year, reducing carbon emissions from
electricity consumption. An advanced Power Storage System is
integrated to further improve energy efficiency.
- IoT Based Intelligent Energy Management: An Internet of
Things (IoT) based intelligent restaurant energy management system
improves the energy efficiency of Green Pioneer Stores, utilizing
technologies such as IoT, big data and artificial intelligence (AI)
to effectively reduce energy consumption by about 10% per
year.
- Natural Lighting: Green Pioneer Stores are equipped with
a Tubular Daylighting System to fully utilize natural lighting.
This allows customers to enjoy natural light while reducing
electricity consumption.
- Solar Energy Powered Outdoor Umbrellas: Solar energy
powered outdoor umbrellas are provided for outdoor seating. Using
integrated solar panels, the umbrellas generate electricity for
nighttime lighting.
- New Environmentally Friendly Materials: Recycled
materials, such as ceramic floor tiles manufactured in the process
of energy recycling, low-carbon bamboo materials, and leather
alternative made from recycled KFC coffee grounds, are applied in
the construction and furniture of Green Pioneer Stores. All these
recycling initiatives help reduce GHG emissions in the construction
and operation of the stores.
Green Pioneer Stores allow customers to experience and learn
about environmentally friendly restaurants through "green interior
design". At KFC's Green Pioneer Store in Beijing, a special Family Bucket located at
the store is made entirely of recycled KFC food packaging,
showcasing the artistic charm of turning waste into resources.
Meanwhile, at KFC's Green Pioneer Store in Hangzhou, a section of wall has been
intentionally left unfinished with an opening to show customers the
environmentally friendly construction process, including reducing
construction waste by decorating over the store's existing
walls.
Yum China uses multiple channels
to promote more sustainable lifestyles and increase customers'
awareness of eco-friendly behavior. A "Virtual Green Store"
launched on the KFC Super APP in early April advocates for over 330
million KFC members to join together to promote sustainable
lifestyles. It motivates customers toward low-carbon behavior, such
as opting out of disposable cutlery and mobile ordering, and
engages customers in carbon reduction and eco-friendly
activities.
Since 2017, 100% of newly built KFC restaurants in China comply with Yum China's Green Building Standards, fully
considering environmental factors such as environmentally friendly
materials, energy saving facilities, indoor air quality and thermal
comfort control systems. Meanwhile, energy efficient and low-carbon
operations for restaurants have been prioritized to reduce GHG
emissions. Yum China has been
continuously upgrading equipment and facilities with advanced
technologies such as the value-added technology application (VTA)
system and IoT to promote the digitization, automation and
intelligence of its stores. To reduce GHG emissions in its
logistics and warehousing, Yum China
developed the Transportation Management System (TMS) to optimize
its national distribution network and route planning, vehicle
loading rates and delivery mileage. In addition, Yum China is finding ways to support and
cooperate with its supply chain partners to measure, reduce and
report on their GHG emissions.
Yum China is committed to
establishing a responsible ecosystem in collaboration with its
stakeholders across the value chain. From green buildings and
green operations to sustainable packaging and green waste disposal,
among other initiatives, Yum China's
sustainability strategy is effectively integrated to its long-term
business growth strategy.
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," "ambition" "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) 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 12,163 restaurants in
over 1,600 cities at the end of February
2022.
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.