Papa Johns: First Major Pizza Delivery Chain Company to Announce an ESG Metric in Incentive Compensation
In the latest corporate report, Papa Johns, one of the major pizza delivery chains in the United States declares that the company will include an ESG metric as part of its corporate incentive bonus plan.
The decision of Papa Johns concerns the eligibility for the annual bonuses, which will prioritise, among others, the compliance with the ESG measures that the company wishes to integrate as part of its strategy. This measure assesses the constant efforts to enhance diversity, equity and inclusion.
It also focuses on the environmental impacts and the improvements engaged by Papa Johns to provide better ingredients. The conversion of the company’s efforts, values and business objectives “will have a positive impact on the world around us”, as mentioned by Rob Lynch, President and CEO of Papa John’s.
The company’s commitment to long-term success is reflected by additional highlights from their 2022 report :
People
- Named number Pizza Company on Forbes 2021 list of World’s Best Employers and featured on Forbes 2021 list of Best Employers for Diversity.
- Earned a 100 per cent score on Human Rights Campaign Foundation’s Corporate Equality Index for the second consecutive year.
- Launched an Executive Inclusion Council charged with driving the company’s DEI strategy.
- Updated certain benefits, including enhancing retirement savings programs and expanding parental leave to offer six weeks of paid leave to all new parents, including birth mothers, fathers, adoptive, and foster parents.
Pizza
- Conducted annual food safety and quality audits of 100 per cent of Quality Control Centers, where Papa Johns' fresh original dough is made.
- Committed to transitioning to 100% of eggs and egg ingredients to come exclusively from cage-free suppliers for Papa Johns' proprietary menu items by 2030.
Planet
- Reduced food waste through the Papa Johns Harvest Program, donating 250,000+ surplus meals to people in need.
- Diverted more than 242,000 pounds of waste from landfills by recycling the company’s reusable dough trays.
- Published Environmental Statement, which outlines Papa Johns' priorities: Sustainable Packaging & Materials Management, Sustainable Agriculture, Food Waste and Greenhouse Gas Emissions.
Community
- Introduced The Papa John’s Foundation Building Community Fund, a program for franchisees to apply for grants on behalf of local community organisations and awarded nearly $1 million to more than 100 non-profit organisations in over 40 communities.
- Raised more than $3 million for The Papa John’s Foundation for Building Community through the “Pizza with a Purpose” campaign.
- Provided 30,000+ pizzas to first responders and those impacted by natural disasters.
Source: Papa Johns
