VAUGHAN, ON, Aug. 10, 2021 /CNW/ - Recipe Unlimited has
announced the publication of its inaugural Corporate Social
Responsibility (CSR) report for 2020. As a leader in the Canadian
hospitality industry, this report highlights Recipe's achievements
to date and commitments for the future across three key pillars:
People, Food and Planet.
"We are proud of the progress we've made but have much more to
do, especially seeing the warnings coming out of the latest U.N.
climate change report," says Frank
Hennessey, Chief Executive Officer, Recipe Unlimited. "As
citizens of this planet this work matters, and as a leader in the
restaurant industry, it is incumbent upon us to do even more. We
are dedicating $20M specifically for
the purpose of helping us achieve our quantifiable targets and
goals by 2025. We are committed to public accountability and
transparency in these efforts."
Recipe's CSR vision will be realized through their three key
pillars:
- Our People
-
- Talent & Employee Engagement • Diversity, Equity &
Inclusion
- Benefits & Compensation
- Employee Wellness
- Community Engagement & Philanthropy
- Our Food
-
- Sustainable Food Sourcing • Food Safety
- Choice & Nutrition
- Responsible Marketing
- Food Rescue
- Our Planet
-
- Sustainable Packaging
- Waste Management
- Green Design & Construction: Energy Management, Water
Management, GHG Emission Reduction
To determine the topics included in the report, Recipe Unlimited
undertook external research, sought input from key stakeholders and
executives, and leveraged the expertise of their CSR Steering
Committee. In addition, the Sustainability Accounting Standards
Board's (SASB) Food & Beverage – Restaurants industry
disclosure metrics were an important framework to measure their
performance.
The information in this report reflects the CSR performance of
Recipe Unlimited in Canada (where
96% of our restaurants are operated) for the financial year ended
December 27, 2020.* Their reporting
efforts focused on corporate restaurants and franchise locations
where data was available.
"Our CSR goals create a bolder vision that helps to further
unite our teammates, franchisees, and suppliers around the
priorities that matter most: sustainably growing the business,
taking care of our People and Planet, and delivering the
exceptional dining experiences our guests have come to expect,"
explains Frank Hennessey.
To view the 2020 Corporate Social Responsibility report click
here.
About Recipe
Founded in 1883, Recipe Unlimited Corporation is Canada's largest full-service restaurant
company. The Company franchises and/or operates some of the most
recognized brands in the country including Swiss Chalet, Harvey's,
St-Hubert, The Keg, Montana's, Kelsey's, East Side Mario's, New
York Fries, Prime Pubs, Bier Markt, Landing, Original Joe's, State
& Main, Elephant & Castle, The Burger's Priest, The Pickle
Barrel, Marigolds & Onions, 1909 Taverne Moderne, Fresh Since
1999 and Ultimate Kitchens.
Recipe's iconic brands have established the organization as a
nationally recognized franchisor of choice. As of June 27, 2021, Recipe had 25 brands and 1,327
restaurants, 82% of which are operated by franchisees and joint
venture partners, operating in 11 countries (Canada, USA,
Bahrain, China, India,
Macao, Oman, Panama,
Qatar, Saudi Arabia and the UAE). Recipe's
shares trade on the Toronto Stock Exchange under the ticker symbol
RECP. More information about the Company is available at
www.recipeunlimited.com.
SOURCE Recipe Unlimited Corp.