Yum! Brands, Inc.
YUM
Consumer Discretionary
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Yum! Brands operates 59,000+ restaurants in 155+ countries under KFC, Taco Bell, Pizza Hut, and The Habit Burger Grill. KFC alone is the world's second-largest restaurant chain, purchasing billions of chickens annually. In 2019, KFC signed the Better Chicken Commitment with a 2026 deadline; by 2024 it had reached only 1% of its target in Western Europe and 0.7% in the UK/Ireland for switching to slower-growing breeds. In February 2026, KFC formally withdrew from the Better Chicken Commitment alongside Nando's and Burger King, joining the industry-led Sustainable Chicken Forum which permits fast-growing breeds. KFC's own 2024 welfare report showed 30.4% of birds with footpad dermatitis and 12.2% with hock burns — both metrics worsening year-over-year. The company's 2023 Global Citizenship report acknowledges its supply chain is built on industrial-scale poultry production from concentrated operations. Meat is the core product across all four brands.
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