The Wendy's Company

WEN US Equity US95058W1009
Key Information
HQ:
United States
Market Cap:
$5.15bn
Primary Market:
North America



Company Information

Company Summary

Wendy’s is a quick-service restaurant company in the hamburger sandwich segment. It has 7,240 restaurants in the US and internationally as of December 31, 2023.
The Wendy's Company

Revenue

Revenue by Geography

Revenue by Segment

Note: This financial breakdown is based on Annual reports released in 2022, containing, in most cases, FY2021.

Antibiotics Stewardship Engagement

Analysis Overview

AN-Radar
Scope of Policy Policy Implementation Investor Engagement

Analysis Breakdown




Scope of Policy

12/16
Does the company have a policy on antibiotics stewardship?
4/4
Does it cover animal-derived protein sources across all relevant species?
3/4
Does it cover animal-derived protein sources across all operations?
2/4
How strong is the company's commitment?
3/4



Policy Implementation

9/18
Does the policy commit to specific targets or timelines for all species?
3/5
Does the company disclose quantity of antibiotics used?
1/7
Does the company commit to and/ or carries out third-party auditing and monitoring?
5/6



Investor Engagement

3/4
Did the company respond to investor letter?
3/4

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Meat Sourcing Engagement

Analysis Breakdown

Board oversight

Is the board briefed by management on the company’s strategies for mitigating environmental risks associated with their meat and dairy supply chains on at least an annual basis?
Yes
Have company representatives presented to the Board on physical/transition risks from climate change impacts on commodity sourcing?
Yes

Supplier policy

Does the company have a publicly-available supplier policy that addresses the climate, deforestation, water use and quality impacts of its commodity suppliers?
Partial
Does the company have a supplier monitoring and verification system that ensures that direct and indirect suppliers meet the company’s environmental requirements?
Partial
Does the policy include a non-compliance protocol that specifies specific criteria (e.g. violation of no-deforestation pledge or major pollution incidents) that would trigger the suspension or termination of contracts and facilitates development of time-bound action plans for suppliers to return to compliance?
Partial
Does the policy specify that suppliers address all major emissions sources, including those related to land use change and deforestation, enteric emissions from animals, and emissions from manure and chemical fertilisers?
Partial
Does the policy ask direct suppliers to measure, report and reduce the greenhouse gas emissions associated with their direct operations and agricultural supply chains?
Partial
Does the policy specify that direct and indirect suppliers address all major sources of water pollution and waste in the animal protein supply chain, including slaughtering and processing activities, animal production (CAFOs), and feed production?
Partial
Does the policy encourage suppliers to set science-based and/or context-based targets on water?
No
Does the policy ask direct suppliers to measure, reduce (beyond regulatory compliance levels) and report on the water quantity and quality impacts of their direct operations and agricultural supply chains?
No
Does the company have a time-bound, quantifiable zero deforestation/conversion-free policy that covers the entire supply chain for soy, cattle and palm commodities?
Partial

Targets

Has the company set a time-bound, quantitative reduction target for Scope 1 + Scope 2 GHG emissions?
Partial
Has the company set a time-bound, quantitative emissions reduction target that explicitly address Scope 3 emissions?
Partial
Has the company set time-bound quantitative targets to reduce water use in direct operations?
Yes
Has the company set time-bound quantitative targets to reduce water quality impacts in direct operations?
No
Has the company set time-bound quantitative targets that explicitly address water use and quality impacts in the supply chain?
No

Risk assessment/Scenario analysis

Has the company committed to undertaking and publishing a scenario analysis in line with TCFD recommendations?
No
Has the company conducted a water risk assessment across its direct operations?
Yes
Has the company conducted a water risk assessment of suppliers & major commodities?
Partial

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