Shakey's Pizza Asia Ventures Inc 2020 IR
The report highlights Shakey's Pizza Asia Ventures, Inc.'s resilience and strategic pivot during the COVID-19 pandemic in 2020. Despite a 36% decline in system-wide sales and a net loss of PHP 254 million, the company successfully expanded its off-premise channels, which accounted for 67% of total sales. Key milestones included achieving 100% plastic neutrality for the second consecutive year, launching its first plant-based menu item, 'The Good Burger,' and partnering with Koufu Group to bring R&B Milk Tea to the Philippines. Additionally, the company prioritized health and safety by implementing strict sanitation protocols and launching a free vaccination program for all employees.
Company: Shakey's Pizza Asia Ventures Inc
Sector: Hospitality & food services
Country: Philippines
Year: 2020
Type: IR
Pages: 130
Back to company
Shakey's Pizza Asia Ventures Inc
Sustainability And Annual Report
The report highlights Shakey's Pizza Asia Ventures, Inc.'s resilience and strategic pivot during the COVID-19 pandemic in 2020. Despite a 36% decline in system-wide sales and a net loss of PHP 254 million, the company successfully expanded its off-premise channels, which accounted for 67% of total sales. Key milestones included achieving 100% plastic neutrality for the second consecutive year, launching its first plant-based menu item, 'The Good Burger,' and partnering with Koufu Group to bring R&B Milk Tea to the Philippines. Additionally, the company prioritized health and safety by implementing strict sanitation protocols and launching a free vaccination program for all employees.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 2020 - Dec 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Employees