{"id":461034,"date":"2021-03-18T16:04:05","date_gmt":"2021-03-18T20:04:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=461034"},"modified":"2021-03-18T16:04:05","modified_gmt":"2021-03-18T20:04:05","slug":"arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/","title":{"rendered":"Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy<\/b><\/p>\n<p class=\"bwalignc\"><i>Becoming the first Latin American restaurant company to take this important step, further reinforcing the significance of ESG to the long-term sustainability of its business and stimulating shared responsibility for meeting its social and environmental commitments<\/i><\/p>\n<p>MONTEVIDEO, Uruguay&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nArcos Dorados Holdings, Inc. (NYSE: ARCO) (\u201cArcos Dorados\u201d or the \u201cCompany\u201d), Latin America\u2019s largest restaurant chain and the world\u2019s largest independent McDonald\u2019s franchisee, announced that, as of 2021, the variable compensation policy* for the Company\u2019s executives will include ESG (Environmental, Social &amp; Governance) indicators. Arcos Dorados is the first company in the region\u2019s restaurant industry to adopt such a measure, which reinforces the significance of ESG to the long-term sustainability of its business and promotes shared responsibility for the fulfillment of its established social and environmental commitments.\n<\/p>\n<p>\n\u201cArcos Dorados has a long track record of contributing to the communities where we operate. As a leading company in our region, I have always believed we have a responsibility to be an agent of change in Latin American society, which is what led to the development of our Recipe for the Future,\u201d said Woods Staton, Executive Chairman of Arcos Dorados. \u201cAlthough research published by leading compensation consulting firms indicates that only around 30% of companies in the global consumer discretionary industry incorporate ESG indicators in their compensation programs, we believe this is a crucial step to ensuring we stay true to making a positive impact on youth opportunity, sustainable sourcing, packaging and recycling, climate change and family wellbeing,\u201d he concluded.\n<\/p>\n<p>\n\u201cLast year was the most challenging in our history. Fortunately, we proactively and aggressively pivoted our business to successfully meet our guests\u2019 changing needs and, just as importantly, demonstrated how seriously we take our responsibility to positively impact the environment and the communities we serve. Looking ahead, by tying a portion of our executives\u2019 variable compensation to ESG indicators, we are further aligning the Company with the long-term social and environmental commitments we made in recent years and ensuring Arcos Dorados is recognized as one of the most socially-responsible companies in Latin America,&#8221; explained Marcelo Rabach, Chief Executive Officer of Arcos Dorados.\n<\/p>\n<p>\nIntegrating ESG indicators to determine the variable compensation of its executives adds to a series of initiatives within the Company\u2019s Recipe for the Future platform, which establishes socio-environmental commitments across five pillars: youth opportunity, sustainable sourcing, packaging and recycling, climate change and family wellbeing.\n<\/p>\n<p>\nTo learn more about all of the Company\u2019s initiatives, please visit the Spanish-language site <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.recetadelfuturo.com&amp;esheet=52398234&amp;newsitemid=20210318005844&amp;lan=en-US&amp;anchor=www.recetadelfuturo.com&amp;index=1&amp;md5=44d58a00714b266d1b4869e2f969e636\">www.recetadelfuturo.com<\/a> or download the Company\u2019s most recent Social Impact and Sustainable Development Report (in English) <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Frecetadelfuturo.com%2Fwp-content%2Fuploads%2F2020%2F12%2FENG-Arcos-Dorados-Reporte-de-Impacto-Social-y-Desarrollo-Sustentable-2019.pdf&amp;esheet=52398234&amp;newsitemid=20210318005844&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=1e3f128462757141f17bd406141c5b7e\">here<\/a>.\n<\/p>\n<p><i>*Employees eligible for the company&#8217;s variable compensation program.<\/i><\/p>\n<p><b><span class=\"bwuline\">About Arcos Dorados<\/span><\/b><\/p>\n<p>\nArcos Dorados is the world\u2019s largest independent McDonald\u2019s franchisee, operating the largest quick service restaurant chain in Latin America and the Caribbean. It has the exclusive right to own, operate and grant franchises of McDonald\u2019s restaurants in 20 Latin American and Caribbean countries and territories with more than 2,200 restaurants, operated by the Company or by its sub-franchisees, that together employ over 100 thousand people (as of 12\/31\/2020). The Company is also committed to the development of the communities in which it operates, to providing young people their first formal job opportunities and to utilize its Scale for Good to achieve a positive environmental impact. Arcos Dorados is listed for trading on the New York Stock Exchange (NYSE: ARCO). To learn more about the Company, please visit our website: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.arcosdorados.com%2Fir&amp;esheet=52398234&amp;newsitemid=20210318005844&amp;lan=en-US&amp;anchor=www.arcosdorados.com%2Fir&amp;index=3&amp;md5=a9411354fb1769576dab03326e7111d0\">www.arcosdorados.com\/ir<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210318005844r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210318005844\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210318005844\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations Contact<br \/>\n<\/b><br \/>Dan Schleiniger<br \/>\n<br \/>VP of Investor Relations<br \/>\n<br \/>Arcos Dorados<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:daniel.schleiniger@ar.mcd.com\">daniel.schleiniger@ar.mcd.com<\/a><\/p>\n<p><b>Media Contact<br \/>\n<br \/><\/b>David Grinberg<br \/>\n<br \/>VP of Corporate Communications<br \/>\n<br \/>Arcos Dorados<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:david.grinberg@mcd.com.uy\">david.grinberg@mcd.com.uy<\/a><\/p>\n<p>\nFollow us on:<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Farcosdorados%2F&amp;esheet=52398234&amp;newsitemid=20210318005844&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=07d234dd21558d9c4ff9a1050af8657a\">LinkedIn<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.twitter.com%2Farcosdorados&amp;esheet=52398234&amp;newsitemid=20210318005844&amp;lan=en-US&amp;anchor=Twitter&amp;index=5&amp;md5=e6dde3c6084f6380a83660eca65c2cf4\">Twitter<\/a><\/p>\n<p>\n\u00a0\n<\/p>\n<p><b>KEYWORDS:<\/b> Uruguay United States South America North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Restaurant\/Bar Food\/Beverage<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210318005844\/en\/866131\/3\/AD_Logo_1235_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy Becoming the first Latin American restaurant company to take this important step, further reinforcing the significance of ESG to the long-term sustainability of its business and stimulating shared responsibility for meeting its social and environmental commitments MONTEVIDEO, Uruguay&#8211;(BUSINESS WIRE)&#8211; Arcos Dorados Holdings, Inc. (NYSE: ARCO) (\u201cArcos Dorados\u201d or the \u201cCompany\u201d), Latin America\u2019s largest restaurant chain and the world\u2019s largest independent McDonald\u2019s franchisee, announced that, as of 2021, the variable compensation policy* for the Company\u2019s executives will include ESG (Environmental, Social &amp; Governance) indicators. Arcos Dorados is the first company in the region\u2019s restaurant industry to adopt such a measure, which reinforces the significance of ESG to the long-term sustainability &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-461034","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy Becoming the first Latin American restaurant company to take this important step, further reinforcing the significance of ESG to the long-term sustainability of its business and stimulating shared responsibility for meeting its social and environmental commitments MONTEVIDEO, Uruguay&#8211;(BUSINESS WIRE)&#8211; Arcos Dorados Holdings, Inc. (NYSE: ARCO) (\u201cArcos Dorados\u201d or the \u201cCompany\u201d), Latin America\u2019s largest restaurant chain and the world\u2019s largest independent McDonald\u2019s franchisee, announced that, as of 2021, the variable compensation policy* for the Company\u2019s executives will include ESG (Environmental, Social &amp; Governance) indicators. Arcos Dorados is the first company in the region\u2019s restaurant industry to adopt such a measure, which reinforces the significance of ESG to the long-term sustainability &hellip; Continue reading &quot;Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-18T20:04:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210318005844r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy\",\"datePublished\":\"2021-03-18T20:04:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\\\/\"},\"wordCount\":666,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210318005844r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\\\/\",\"name\":\"Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy - 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(NYSE: ARCO) (\u201cArcos Dorados\u201d or the \u201cCompany\u201d), Latin America\u2019s largest restaurant chain and the world\u2019s largest independent McDonald\u2019s franchisee, announced that, as of 2021, the variable compensation policy* for the Company\u2019s executives will include ESG (Environmental, Social &amp; Governance) indicators. Arcos Dorados is the first company in the region\u2019s restaurant industry to adopt such a measure, which reinforces the significance of ESG to the long-term sustainability &hellip; Continue reading \"Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-18T20:04:05+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210318005844r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy","datePublished":"2021-03-18T20:04:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/"},"wordCount":666,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210318005844r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/arcos-dorados-incorporates-esg-indicators-into-its-executive-variable-compensation-policy\/","name":"Arcos Dorados Incorporates ESG Indicators Into its Executive Variable Compensation Policy - 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