Code Expanded to Additional Suppliers in the United States and Canada, and Highlights Social Responsibility Requirements for Conducting Business within the Wendy's Family
DUBLIN, Ohio - March 1, 2017 // PRNewswire // - The Wendy's Company today announced the expansion of its Supplier Code of Conduct which now includes all U.S. and Canadian contracts managed by Quality Supply Chain Cooperative (QSCC) and suppliers that provide a significant stream of goods or services to The Wendy's Company on an annual basis. The Code also includes new requirements for certain suppliers of whole, fresh produce, and identifies future aspirations to encourage continuous improvement in a meaningful way.
"Since its founding in 1969 by Dave Thomas, Wendy's® has operated under a core set of values and is proud of long-standing, collaborative relationships with some of the food industry's leading suppliers," said Todd Penegor, President & CEO of The Wendy's Company. "We expect all of our suppliers to comply with the law and use best practices in all aspects of their operations, and to conduct business in a way that is consistent with the values of Wendy's and our franchisees. Further, it's important to us to reaffirm our past commitments and aspire to even greater accomplishments in the areas of environmental and social responsibility."
The Code focuses on topics important to the Wendy's brand and its customers, including:
The Company will now add approximately 100 additional suppliers to be covered by the Code, including all U.S. and Canadian contracts managed by QSCC, and suppliers that provide a significant stream of goods or services to The Wendy's Company on an annual basis.
The Code will also require third party reviews related to the human rights and labor practices of these suppliers. The decision to add third party reviews was due in part to the nature of agricultural work, its workforce, and an evaluation of various risk factors.
The Code's provisions apply to all suppliers. However certain sections may be inapplicable to certain suppliers. For example, Food Safety and Food Ingredients is relevant only to those suppliers that provide food, paper or packaging services to Wendy's, and Farm Animal Health and Well-Being is relevant only to meat and protein suppliers that are included within the scope of the Wendy's animal welfare program.
"At Wendy's, we are committed to setting clear goals in the areas of social responsibility and communicating our progress against these goals," said Liliana Esposito, Chief Communications Officer for The Wendy's Company. "We will continue to promote and encourage our suppliers and partners to employ responsible business practices and work to bring greater transparency so that consumers can continue to trust Wendy's and the values upon which this company was built."
Wendy's has been a leader and innovator in the quick-service restaurant industry across the corporate social responsibility spectrum. In the past few years the Company has reported progress on the following items:
Wendy's Supplier Code of Conduct is accessible under the Responsibility tab in Supply Chain Practices section of its website.
"We recognize the important role that continuous improvement plays in advancing our supply chain," said Esposito. "The relationship between Wendy's and our Suppliers is a journey based on mutual trust and transparency, and we strongly support and celebrate the work of our suppliers who find improvements in their policies, practices and processes."
Wendy's established its Supplier Code of Conduct in 2015 to aggregate and outline key priorities, and encourage supplier responsibility across critical areas of the supply chain. The Code - developed with input from Wendy's supplier community and through benchmarking with industry experts and Non-Governmental Organizations - took effect in 2016 and initially applied only to U.S. suppliers of food, paper and packaging. With the recent enhancements outlined earlier, the Code now represents the vast majority of The Wendy's Company and QSCC managed annual spending. Wendy's has been committed to reviewing its Code of Conduct regularly and will ask suppliers to reaffirm their acknowledgement of the Code annually.
*Fresh beef available in the contiguous U.S., Canada, and Alaska
The Wendy's Company (NASDAQ: WEN) is the world's third largest quick-service hamburger restaurant chain. The Wendy's system includes more than 6,500 restaurants in 30 countries and U.S. territories. For more information, visit www.aboutwendys.com.
Director – Corporate Communications
Brand Communications & Corporate Social Responsibility
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-wendys-company-enhances-and-expands-supplier-code-of-conduct-300415779.html
SOURCE The Wendy's Company