Yum China's Science-Based Targets approved, aiming for over 60% GHG emissions reduction by 2035
Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that the Science Based Targets initiative (SBTi) has approved the Company's near-term science-based emissions reduction target, making the Company the first restaurant company in China to reach this milestone
By AP News
Published - Nov 21, 2022, 04:03 AM ET
Last Updated - Aug 01, 2024, 02:41 AM EDT
SHANGHAI, Nov. 21, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that the Science Based Targets initiative (SBTi) has approved the Company's near-term science-based emissions reduction target, making the Company the first restaurant company in China to reach this milestone.
Yum China has pledged to align its business with the most ambitious aim of the Paris Agreement, to limit global temperature rise to 1.5°C above pre-industrial levels and reach net-zero by 2050. Approval of the near-term science-based targets (SBTs) marks a significant milestone of the Company's journey towards net-zero value chain GHG emissions by 2050.
The approved near-term targets are：
