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Subjects: CSR, DEI, ESG

Wendy's Advances Corporate Responsibility Commitments


2021 Corporate Responsibility report details progress across focus areas of Food, People and Footprint; highlights include solidifying Diversity, Equity & Inclusion goals, climate and sustainable packaging progress and new ESG compensation metric for Company executives

DUBLIN, Ohio, April 27, 2022 /CNW/ -- Today, The Wendy's Company released its 2021 Corporate Responsibility report, outlining progress under the Company's Good Done Right platform focus areas of Food, People and Footprint. The report announces Wendy's® newly formalized Diversity, Equity and Inclusion goals and shares progress on the Company's climate roadmap and sustainable packaging goals. In the report, the Company also details its Board of Directors' decision to tie executive compensation to Environmental, Social and Governance (ESG) performance, with a portion of Company executives' 2022 incentive compensation linked to Wendy's achievements against its Food, People and Footprint goals.

"Advancing our Good Done Right goals is a team effort, and I'm incredibly proud of the progress we made in 2021," said Chief Corporate Affairs and Sustainability Officer Liliana Esposito. "We continue to work to meet the high expectations our stakeholders have for Wendy's through cross-functional collaboration across our System, which includes employees, franchisees, suppliers and industry partners."

The report demonstrates progress against the Company's corporate responsibility goals announced in 2021 and includes the following highlights:

Wendy's continues to report against recognized frameworks including the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) and United Nations Sustainable Development Goals (SDGs) and will continue sharing progress updates in the Company's future reports and in other public communications.  

For more information on Wendy's corporate responsibility work, please visit https://www.wendys.com/whatwevalue.

About Wendy's
Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, "Quality is our Recipe®," which remains the guidepost of the Wendy's system. Wendy's is best known for its made-to-order square hamburgers, using fresh, never frozen beef*, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy's Company (Nasdaq: WEN) is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company's support of the Dave Thomas Foundation for Adoption® and its signature Wendy's Wonderful Kids® program, which seeks to find a loving, forever home for every child waiting to be adopted from the North American foster care system. Today, Wendy's and its franchisees employ hundreds of thousands of people across approximately 7,000 restaurants worldwide with a vision of becoming the world's most thriving and beloved restaurant brand. For details on franchising, connect with us at www.wendys.com/franchising. Visit www.wendys.com and www.squaredealblog.com for more information and connect with us on Twitter and Instagram using @wendys, and on Facebook at www.facebook.com/wendys.

*Fresh beef available in the contiguous U.S., Alaska, and Canada.

SOURCE The Wendy's Company



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