TORONTO
,
August 4, 2023
(press release)
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The report showcases key sustainability achievements from 2022, highlighting progress and setting the stage for future action Restaurant Brands International (RBI) is proud to announce the release of its third annual Restaurant Brands for Good report, underscoring the company's dedication to building the world’s most loved restaurant brands while embracing sustainability and creating a positive impact in the communities it serves. The report showcases the significant achievements in 2022 made across RBI and its iconic brands1 – Tim Hortons, Burger King, Popeyes, and Firehouse Subs – under the three pillars of its Restaurant Brands for Good framework: Food, Planet, and People & Communities. “Our commitment to sustainability is deeply connected with our dream of building the world's most loved restaurant brands,” says Josh Kobza, Chief Executive Officer, Restaurant Brands International. “We're excited to share the progress we’ve made last year, and under our Restaurant Brands for Good framework, we're poised to continue driving meaningful change and overcoming new challenges as we work toward a more sustainable tomorrow.” “In 2022, we built upon the strong governance framework that we established the year prior, which enabled our brands and regions to work cohesively and take ownership of our sustainability goals,” says Duncan Fulton, Chief Corporate Officer, Restaurant Brands International. “This report is a testament to the unwavering dedication and hard work of our teams worldwide in advancing our sustainability journey.” The report also features RBI’s inclusion for the first time in the Dow Jones North America Sustainability Index, which represents the top 20% of the largest 600 North American companies across a variety of economic, environmental, social, and governance dimensions. “We’re proud of what we’ve achieved, yet we recognize there’s more to be done,” says Becky Hall, Senior Director, Sustainability, Restaurant Brands International. “As we continue on this journey, we’re determined to keep the momentum going by focusing on putting our plans into action.” Highlights from the 2022 Restaurants Brands for Good Report Food Dedicated to serving food that their guests love and trust, RBI’s brands focus on enhancing food safety, sourcing high-quality ingredients, offering choice, and improving nutrition and transparency. In 2022, our brands continued to drive forward key initiatives within the Food pillar, including developing forward-looking objectives: Planet RBI and its brands remain committed to building a great business that scales for good. Key areas of focus include driving climate action, reducing waste by increasing circularity, protecting natural resources, and promoting the health and welfare of animals within its supply chain. Across the Planet pillar, key highlights from 2022 include: People & Communities RBI recognizes that its success is closely linked to the well-being of the communities it serves and the people who bring its iconic brands to life. Key areas of influence include building diversity and inclusion, fostering talent, supporting local communities, upholding ethics, protecting human rights, and improving supplier livelihoods. In 2022, notable achievements across the People & Communities pillar include: To learn more about the sustainability initiatives of RBI and its brands, please visit www.rbi.com/sustainability. 1 Unless otherwise expressly stated, Firehouse Subs is not included within the scope of our sustainability reporting at the time of publication, and the commitments outlined in the report are currently applicable to Tim Hortons, Burger King, and Popeyes only. The achievements and initiatives of the Firehouse Subs Public Safety Foundation and Firehouse Subs Public Safety Foundation of Canada are highlighted in the People & Communities section of the report. Unless otherwise specified, information in the report pertains to Restaurant Brands International and its subsidiaries for fiscal year 2022 (January to December). References to “restaurants” or “system-wide restaurants” include franchised restaurants and those owned by us. Information in this report also excludes all operations in Russia, where the business is fully franchised and does not receive corporate support from RBI. 2 As of December 2022
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