Dine Brands Global, Inc. (NYSE: DIN), the parent company of well-known restaurant brands Applebee’s Neighborhood Grill + Bar, IHOP, and Fuzzy’s Taco Shop, has officially released its 2023 ESG report. This detailed publication, titled “Dine Better, Together,” articulates the company’s dedication to integrating its ESG commitments with its growth strategies, highlighting significant progress in areas crucial to fostering sustainable and ethical business practices.
John Peyton, CEO of Dine Brands, emphasized the company’s holistic approach to its operations and community engagement, stating, “At Dine, we are committed to providing more than just an exceptional dining experience. We see significant opportunities to make a meaningful impact in the communities we serve. Our ESG efforts are designed to enhance how we operate in a socially responsible and environmentally sustainable manner.”
The 2023 “Dine Better, Together” report showcases several achievements:
- The company achieved its goal of eliminating Expanded Polystyrene (EPS) in packaging at Applebee’s and IHOP one year ahead of schedule.
- Applebee’s successfully transitioned 11 million gift cards from plastic to paper certified by the Forest Stewardship Council (FSC).
- IHOP altered 48 million pieces of to-go packaging by eliminating carbon black pigment, which previously prevented these containers from being recycled.
- Dine Brands exceeded its target for sourcing cage-free eggs, with 35.2% of eggs for US restaurants being cage-free in 2023, ahead of its 33% target. The company is on track to source 100% cage-free eggs by the end of 2025.
Dine Brands: Beyond environmental sustainability
Outside of its commitments to environmental sustainability, Dine Brands has managed to donate 13.6 metric tons of food. These have been managed across its various channels:
- Applebee’s US franchisees raised $1.7 million for Alex’s Lemonade Stand Foundation, a non-profit fighting childhood cancer.
- IHOP franchisees in Puerto Rico and Mexico collectively raised $708,471 in 2023 to support local children’s charities.
- Fuzzy’s Taco Shop has contributed $627,000 to No Kid Hungry since 2014, helping to address child hunger in America.
- Over 565,362 free meals were served to US active-duty military and veterans on Veterans Day across Applebee’s and IHOP locations.
For the second consecutive year, Dine Brands has also been recognized as a “Great Place to Work”. For the full report, visit https://www.dinebrands.com/en/social-good.
