Yum! Brands announces five-year, $80 million commitment at Clinton Global Initiative
Last month, The Clinton Global Initiative praised Yum! Brands, parent of KFC, Pizza Hut and Taco Bell, for its worldwide commitment to raise and donate $80 million over the next five years to help the World Food Programme (WFP). Furthermore, Yum! pledged to donate 20 million hours of hunger relief volunteer service in the communities in which it operates over the next five years, $200 million worth of its prepared food to hunger agencies in the United States and use the company’s marketing strength to generate awareness of the hunger problem.
According to the information provided, the funds will be raised through Yum! Brands World Hunger Relief campaign. Nearly 36,000 company and franchised restaurants located in more than 100 countries will be participating, including KFC, Pizza Hut, Taco Bell, Long John Silver’s and A&W All-American Food.
“Hunger is unacceptable. As a society, we should not and cannot tolerate the fact that nearly 925 million people are starving and go to bed hungry every day. As the world’s largest restaurant company, we believe it is our privilege and responsibility to find a meaningful solution to this critical problem,” said David C. Novak, Chairman and CEO of Yum! Brands. (kbp)