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Papa Johns Announces ESG Measure for Incentive Compensation in Latest Corporate Responsibility Report

First major pizza delivery chain in the United States to announce compensation will be tied to environmental, social and governance priorities

LOUISVILLE, Kentucky, May 04, 2022–(BUSINESS WIRE)–Papa John’s International, Inc. (NASDAQ: PZZA) (“Papa Johns”) today released its 2021 Corporate Responsibility Report, covering initiatives to advance the company’s environmental, social and governance (ESG) strategy and the topics most important to the company and stakeholders. Alongside this year’s report, Papa Johns announced that its corporate bonus plan now includes an ESG measure, making the company the first major U.S. pizza delivery chain to announce that its ESG priorities will be tied to compensation. incentive.

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For 2022, the formula used to determine annual bonuses for eligible team members and executives will be linked to the advancement of certain ESG priorities that align with Papa Johns’ business purpose, values ​​and objectives. The ESG metric measures Papa Johns’ ongoing efforts to improve diversity, equity and inclusion, assess environmental impacts and opportunities, and reinforce Papa Johns’ commitment to better ingredients. Best Pizza.®

“As Papa Johns continues to grow, we remain focused on priorities that set us up for long-term success and create a positive impact on the world around us,” said Rob Lynch, President and CEO of Papa John’s. . “We are proud to be among the few companies in our industry to tie incentive compensation to the achievement of ESG initiatives. This step underscores the importance we place on corporate responsibility.”

ESG priorities for 2022 were informed by Papa Johns’ materiality assessment and established in collaboration with Papa Johns’ management team, board and subject matter experts across the company. business.

Additional report highlights

People

  • Named #1 Pizza Company on the 2021 Forbes list of the World’s Best Employers and featured on the 2021 Forbes list of Top Diversity Employers

  • Scored 100% on the Human Rights Campaign Foundation’s Corporate Equality Index for the second consecutive year

  • Launch of an Executive Inclusion Council to drive the company’s DEI strategy

  • Updated some benefits, including improving retirement savings programs and expanding parental leave to provide six weeks of paid leave for all new parents – including birth moms, dads, parents adoptive and foster parents

Pizza

  • Conducting annual food safety and quality audits at 100% of Quality Control Centers where Papa Johns Fresh Original Dough is made

  • Committed to moving to 100% eggs and egg ingredients exclusively from cage-free suppliers for Papa Johns exclusive menu items by 2030

Planet

  • Reduced food waste through the Papa Johns Harvest program, donating over 250,000 surplus meals to those in need

  • Diverted over 242,000 pounds of waste from landfills by recycling the company’s reusable dough trays

  • Environmental statement released that outlines Papa Johns priorities: sustainable management of packaging and materials, sustainable agriculture, food waste and greenhouse gas emissions

Community

  • Launched the Papa John’s Foundation Building Community Fund, a program allowing franchisees to apply for grants on behalf of local community organizations and donated nearly $1 million to more than 100 non-profit organizations in more than 40 municipalities.

  • Raised over $3 million for the Papa John’s Foundation for Building Community through the “Pizza with a Purpose” campaign

  • Provided over 30,000 pizzas to first responders and people affected by natural disasters

To view Papa John’s International, Inc.’s 2021 Corporate Social Responsibility Report and learn more about the company’s efforts, Click here.

About Papa Johns

Papa John’s International, Inc. (NASDAQ: PZZA) (“Papa Johns”) opened in 1984 with one goal in mind: BETTER INGREDIENTS. BEST PIZZA.® Papa Johns believes that using high quality ingredients leads to top quality pizzas. Its original dough is made from just six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made with mozzarella, pizza sauce made with vine-ripened tomatoes that go from the vine to the box the same day, and meat-free fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is headquartered in Atlanta, Ga. and Louisville, Ky. and is the world’s third-largest pizza delivery company with more than 5,600 restaurants in 50 countries and territories as of December 26, 2021. For more information about the company or to order pizza online, visit www.papajohns.com or download the Papa Johns mobile app for iOS or Android.

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contacts

Harrison Sheffield
Senior Communications Officer
Papa John’s International
Harrison_Sheffield@papajohns.com
470-751-4483