Restaurant Brands International
QSP on NYSE CA76131D1033
Key Information
HQ:
Canada
Market Cap:
$27.53bn
Primary Market:
North America
Antibiotics Stewardship Engagement
Analysis Overview
Scope of Policy Policy Implementation Investor Engagement
Analysis Breakdown
Scope of Policy
9/16
Does the company have a policy on antibiotics stewardship?
RBI's antibiotics policy is available online as part of their 2016 Sustainability Report.
4/4
Does it cover animal-derived protein sources across all relevant species?
Their policy currently covers all poultry raw materials used in Burger King and Tim Hortons restaurants. It does not yet include Popeye's.
1/4
Does it cover animal-derived protein sources across all operations?
Only Burger King and Tim Hortons in the U.S. and Canada are covered by RBI's policy. It is unclear how the rest of the company's operations in international markets are being addressed, especially given RBI is focused on expanding its international footprint e.g. in the U.K., Netherlands, Taiwan and Brazil.
2/4
How strong is the company's commitment?
RBI's overarching commitment to antibiotics as stated in their 2016 Sustainability Report is "to reduce the use of antibiotics important for human medicine in order to preserve the effectiveness of antibiotics in both veterinary and human medicine". However, the company's specific-brand commitments on poultry relate only to sourcing "from suppliers that raise birds without the use of any antibiotics deemed by the World Health Organization as critically important to human medicine by the end of 2018". We have therefore scored the company on their specific brand-commitments, which are focused only on critically important antibiotics to human medicine.
2/4
Policy Implementation
0/18
Does the policy commit to specific targets or timelines for all species?
The company has time bound commitments to source all poultry raw materials used in Burger King and Tim Hortons restaurants in the U.S. and Canada without critically important antibiotics to human medicine by end of 2018. However, these are past commitments and RBI has yet to report on whether these commitments have been achieved.
0/5
Does the company disclose quantity of antibiotics used?
No information provided and/ or available.
0/7
Does the company commit to and/ or carries out third-party auditing and monitoring?
The only information found relating to auditing practices was for poultry raw materials and beef used in Burger King restaurants where all vendors worldwide are required to undertake and submit annual third-party welfare standards. However, it is not clear if this includes antibiotics use and no information was found in relation to their other brands, and international markets.
0/6
Investor Engagement
2/4
Did the company respond to investor letter?
RBI responded to the investor letter providing some insights, but incomplete answers to the investor questions. The company has not met with the investor coalition. Their response is available here.
2/4
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Workstream Information
2019 Score:
11/38
Last Updated:
20 May 2019
2019 Resources
Phase 3 | Progress Report Antibiotics Stewardship Engagement