Today, Papa Johns announced its corporate incentive bonus plan now includes an environment, social, and governance (ESG) metric, making the company the first major U.S. pizza delivery chain to announce that its ESG priorities will be linked with incentive compensation.
For 2022, the formula used to determine eligible team members’ and executives’ annual bonuses will be tied to advancing certain ESG priorities that align with Papa Johns purpose, values and business objectives. The ESG metric measures Papa Johns ongoing efforts to enhance diversity, equity and inclusion, assess environmental impacts and opportunities and further Papa Johns commitment to Better Ingredients. 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. “We are proud to be among the few companies in our industry linking incentive compensation with achieving ESG initiatives. Taking this step emphasizes the importance we have placed on corporate responsibility.”
The 2022 ESG priorities were informed by Papa Johns Materiality Assessment and established in collaboration with the Papa Johns Executive Leadership Team, Board of Directors and subject-matter experts across the company.