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April 21, 2021
The Wendy s Co. continued to improve its environmental and social goals in 2020, as indicated in the company s 2020 Corporate Responsibility Report, according to a press release. The reported offered an assessment of progress and several new goals related to the company s Wendy s Good Done Right strategy. Everything we do revolves around our vision of becoming the world s most thriving and beloved restaurant brand, Wendy s President and CEO Todd Penegor said in the press release. Throughout 2020, our teams remained focused on taking care of our customers and the Wendy s family while making a positive, lasting difference in the broader communities we serve.
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Wendy s Announces Advancement of Corporate Responsibility Efforts and New Goals
Wendy s will focus on responsible sourcing, sustainable packaging, greenhouse gas reduction and increasing diversity within its leadership, management, and franchisees
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DUBLIN, Ohio, April 20, 2021 /PRNewswire/ Today, The Wendy s Company (Nasdaq: WEN) released its 2020 Corporate Responsibility Report detailing the progress made across its three key focus areas of Food, People and Footprint. Within the report, Wendy s® shared the outcomes of its recent materiality assessment of Environmental, Social and Governance (ESG) topics, along with several new goals relevant to Wendy s Good Done Right platform and strategy.
What is sustainable finance?
While there is no agreed upon definition or harmonized measurement of sustainable finance, the Expert Panel on Sustainable Finance has summarized the concept as “capital flows (as reflected in lending and investment), risk management (such as insurance and risk assessment), and financial processes (including disclosure, valuation and oversight) that assimilate environmental and social factors as a means of promoting sustainable economic growth and the long-term stability of the financial system.”
3 More generally, sustainable finance is the process of integrating ESG criteria when making decisions in the financial sector and business decisions for the benefit of stakeholders and society. The ultimate goal is to transition to a more sustainable and lower-carbon economy, which is increasingly viewed as critical to the long-term success of businesses, economies and society.
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