DUBLIN, Ohio - Aug. 31, 2016 // PRNewswire // - The U.S. Department of Energy has recognized The Wendy's® Company (NASDAQ: WEN) and one of its franchisees, Wendco Group, for their partnership in the Better Buildings Challenge and for leadership in energy efficiency. The Wendy's Company has made a commitment to reduce energy consumption in U.S. company-owned restaurants by 20 percent per transaction by 2025. Wendy's is also the first restaurant company to include franchisees in the Better Buildings Challenge. To date, six franchisees have joined and more than 570 company and franchisee operated restaurants are participating in this program.
"We're proud to be among the first restaurant companies to join the Better Buildings Challenge. We see environmental stewardship in restaurant development as a big responsibility, and it connects to our values," saidAbigail Pringle, Chief Development Officer for The Wendy's Company. "We believe stewardship is a journey, a long-term commitment. It's not something we are simply 'checking off the list,' rather we're driving purposeful change with bold goals that are brought to life through our culture and our business practices of how we plan, design, engineer, construct and operate our restaurants."
Today, an official with the Department of Energy visited the Wendy's restaurant located at 3113 Airport Blvd. inMobile, Ala., a Wendco Group owned location. This restaurant is being featured as a Showcase Project for the Better Buildings Challenge, a program that aims to make commercial, public, industrial and residential buildings 20 percent more energy efficient over the next decade. This means saving hundreds of billions of dollars on energy bills, reducing greenhouse gas emissions and creating thousands of jobs.
Wendco Group, the first Wendy's franchisee to join the Better Buildings Challenge, operates 43 Wendy's restaurants in Alabama and Florida and employs more than 1,200 people. Wendco Group has pursued aggressive strategies for lowering energy use across their building portfolio, including ongoing equipment maintenance, strategic energy upgrades and high efficiency equipment installation. Wendco Group's restaurant in Mobile, Ala., achieved remarkable energy reduction with energy use per transaction falling by more than 50 percent. Overall energy savings since project completion equals nearly $8,000, despite an 18 percent increase in electric utility rates.
"The leadership demonstrated by Wendy's and its franchisee is tremendous," said Maria T. Vargas, Better Buildings Challenge director, U.S. Department of Energy. "Not only is The Wendy's Company focused on bettering its own corporate-level energy efficiency, it is doing so in a way that can reach thousands more restaurants. This approach with Wendco Group is exemplary of a commitment to continuous improvement, a dedication to greater savings, and proof that partnerships extend energy savings."
Wendy's has made a long-term commitment to energy conservation and sustainability.
The Wendy's Company (NASDAQ: WEN) is the world's third largest quick-service hamburger restaurant chain. TheWendy's system includes more than 6,500 restaurants in 29 countries and U.S. territories. For more information, visit www.aboutwendys.com.
Through the Better Buildings Challenge, the Energy Department aims to achieve the goal of doubling American energy productivity by 2030 while motivating corporate and public-sector leaders across the country to save energy through commitments and investments. More than 310 organizations are partnering with the Energy Department to achieve 20 percent portfolio-wide energy savings and share successful strategies that maximize efficiency over the next decade. Across the country, partners have shared energy data for more than 34,000 properties and are reporting energy savings of 20 percent or more at 5,500 properties, and 10 percent or more at 12,600 properties. Check out over 1,200 innovative and cost-effective solutions shared by partners in the Better Buildings Solution Center.
SOURCE The Wendy's Company