Papa Johns’ corporate bonus plan will include environmental, social and governance (ESG) measurement, making the company the first major U.S. pizza delivery chain to announce that its ESG priorities will be tied to incentive compensation, according to a press release.
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 measure measures Papa Johns’ ongoing efforts to improve diversity, equity and inclusion, assess environmental impacts and opportunities, and continue Papa Johns’ commitment to “Better Ingredients.” A better 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. International, in the press release. “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.”
Papa Johns operates more than 5,600 restaurants in 50 countries and territories.