Yum! Brands

Taco Bell, Pizza Hut, KFC
Louisville, Kentucky
Food Beverage and Tobacco

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Yum! Brands is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Yum! Brands embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Yum! Brands received a score of 100 on the 2025 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. The company recruits employees based on sexual identity issues. The company discriminates against vendors that do not promote divisive sex and gender policies, indicating it prioritizes sexual issues over merit (1)(2). However, the company has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Yum! BrandsHRC 2025 CEI rating indicates the company will not donate to non-religious charities unless they embrace controversial sexual identity policies (1)(2). The company likely uses Benevity as its charitable giving platform. Benevity vets charities according to the Southern Poverty Law Center’s Hate List, which includes mainstream libertarian, conservative, family, and religious advocacy organizations (3)(4)(5).

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Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

Yum! Brands’ HRC 2025 CEI rating indicates the company forces employees to attend multiple, controversial trainings on gender identity, sexual orientation, transgender issues, and divisive racial ideology. The company provides gender transition guidelines for its employees and a specific benefits guide with a comprehensive explanation of transgender services funded by the company (1)(2). In June 2022 America First Legal filed a letter with the EEOC requesting a civil rights investigation into Yum! Brands over discriminatory practices in hiring (3)(4). The company provides inclusive leadership training across all corporate offices, franchisees and restaurants around the world (5). The company does not provide viewpoint protections for its employees (6).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Yum! Brands’ HRC 2025 CEI rating indicates the company agrees to allow a controversial stakeholder group focused on sexual identity issues to dictate marketing or advertising strategy. By doing so, the company risks dividing employees, alienating customers and harming shareholders (1)(2). The company has signed the OneTen pledge to implement more race-based hiring practices (3). Subsidiary brand Pizza Hut has sponsored an event by the Antiracist Research and Policy Center, which endorses the teaching of critical race theory in schools (4). Its CEO, David Gibbs, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (5)(6). The company has implemented an ESG policy and commented at length on its ESG leadership (7). CEO David Gibbs is a member of the Business Roundtable (8). In 2022, subsidiary Taco Bell hosted drag brunches across the country (9). The company’s CEO stated that the company made a “formal commitment in our annual goal-setting and performance reviews.” to elevate diversity and inclusion within the company (10).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Yum! BrandsHRC 2025 CEI rating indicates the company covers transgender related costs for its employees and their children, including paid short-term leave, puberty blockers, cross-sex hormones, chest surgeries, genital surgeries, medical visits and lab monitoring, travel and lodging. Additionally, the company has pledged philanthropic support of at least one organization or event that promotes sex and gender ideology. By allowing a political stakeholder group to dictate operations, the company increases health care costs and risks dividing employees, alienating customers and harming shareholders (1)(2). The company and its subsidiary brands pledged a sum $3 million to “social justice efforts” in 2020, some portion of which went to the ACLU (3)(4). The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race (5)(6). It is a Brass sponsor of Out & Equal (7)(8). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (9).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
Rationale

Yum! Brands’ HRC 2025 CEI rating indicates the company publicly advocated for controversial sex and gender ideology through local, state or federal legislation or initiatives. By allowing a political stakeholder group to dictate operations, the company risks dividing employees, alienating customers and harming shareholders (1)(2). The company has not used its PAC donations or lobbying for ideological purposes (3)(4)(5).

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/18/23SocialSOC Investment GroupAnnual Report on LobbyingAgainst41.40%
5/18/23EnvironmentalAs You SowReport on Efforts to Reduce Plastics UseAgainst36.50%
5/18/23SocialUnited Church FundsIssuance of Report on Paid Sick LeaveAgainst20.20%
5/18/23GovernanceNew York State Common Retirement FundDisclosure of Share Retention Policies for NEOs Through Retirement AgeAgainst0.00%
5/18/23SocialNational Center for Public Policy ResearchCivil Rights and Nondiscrimination Audit ReportAgainst0.00%
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