Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Comprehensive | Yum! Brands provides a high level of transparency about its climate-related lobbying. It names a wide array of specific policies it has engaged on, including the Inflation Reduction Act, the Recycle Act, the Agriculture Environmental Stewardship Act, the Recycling Infrastructure and Accessibility Act of 2022, the Recycling and Composting Accountability Act, and proposals to create a direct-pay option and delay the phase-down of the Production and Investment Tax Credits, as well as state and federal legislation on food-donation tax incentives. The company is equally explicit about how it lobbies, describing that it "met with House and Senate members," "petitioned Congress alongside other large corporate consumers of energy," signed letters of support, worked through trade associations, and in Italy had its Government Affairs team "work with global consultants and trade association partners" to build support for policy changes—clearly identifying targets such as the U.S. Congress, the U.S. Department of Agriculture, and policymakers at local, state and federal levels. It also spells out the outcomes it is pursuing: enacting direct-pay provisions for the PTC/ITC to ease liquidity constraints, delaying the PTC/ITC phase-downs to address COVID-19 impacts, offering a restaurant charitable food-donation tax credit, and giving "support with no exceptions" to each of the recycling and methane-reduction bills it lists, all of which it states are aligned with the Paris Agreement. Taken together, these disclosures demonstrate comprehensive insight into the company’s climate-policy lobbying objectives, methods and targets. | 4 |