FAT Brands Inc..
FAT.US | Restaurants and mobile food service activities
FAT Brands Inc. is a multi-brand restaurant franchising company that acquires, markets, and develops quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. The company franchises and owns restaurant brands such as Round Table Pizza, Fatburger, Johnny Roc...Show More
Better Health for All
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The company's core business involves multi-brand restaurant franchising, with brands like Fatburger, Johnny Rockets, Round Table Pizza, and Twin Peaks. These brands primarily offer fast food and casual dining items, which are generally high in calories, fat, saturated fat, sodium, and sugar, indicating that approximately 90% of their core products have significant negative health consequences. While detailed nutritional information is provided for various menu items across all brands,
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there is no evidence of health-positive offerings or investments in such. For nutrition and food safety, the company provides detailed nutritional information for its menu items.
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However, the nutritional profiles of many items are predominantly unhealthy, with high levels of calories, fat, sodium, and sugar. Regarding risk transparency, the company discloses potential allergen cross-contamination risks, such as gluten-free crusts coming into contact with wheat flour.
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It also states that nutritional information may vary due to customized orders, ingredient substitutions, and supplier differences, and does not guarantee precise accuracy.
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One Fatburger document notes its information is from August 2008, updated in 2020, and is only valid for contiguous US locations.
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Fair Money & Economic Opportunity
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FAT Brands Inc. is a restaurant franchising company, not a financial institution that lends, insures, moves, or stores money for consumers. The provided rubric for 'Fair Money & Economic Opportunity' is designed for financial services companies, focusing on consumer financial products and services. While the company engages in financial transactions with its franchisees (e.g., franchise fees, royalties), the specific quantitative thresholds and definitions for all KPIs in the rubric (such as APRs, loan book share, credit scores, banking deserts, or open-banking APIs) are not applicable to FAT Brands' core business model or the evidence provided.
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Therefore, no KPIs can be scored based on the strict interpretation of the rubric and the available evidence.
Fair Pay & Worker Respect
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No specific, quantitative data points relevant to the 'Fair Pay & Worker Respect' ethical value were found across the provided articles for FAT Brands Inc. While CEO compensation for FAT Brands was mentioned, the median employee compensation for the company was not provided, preventing the calculation of a CEO-to-median-employee pay ratio.
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Employee reviews discussed health insurance and other benefits, but no quantitative coverage percentages were available.
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Allegations of accounting misconduct and fraud against executives were noted, but these do not pertain to labor law or human rights violations as defined by the rubric.
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Fair Trade & Ethical Sourcing
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No specific, quantitative evidence was found in the provided articles to assess FAT Brands Inc. against any of the Fair Trade & Ethical Sourcing KPIs, including fair-trade certification share, audit frequency, forced/child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend.
Honest & Fair Business
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FAT Brands has a Code of Ethics, adopted in October 2017, which includes a policy against retaliating against employees for good faith reporting of violations.
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Employees are instructed to report conduct violating the law, business ethics, or the Code of Ethics to the Chairman of the Audit Committee.
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The Code also requires employees to comply with government regulations and act with honesty and integrity, avoiding conflicts of interest.
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However, the company faced charges from the Department of Justice (DOJ) for Sarbanes-Oxley Act violations related to personal loans to executive officers, and the Securities and Executive Commission (SEC) charged it with fraud regarding disclosures about related-person transactions with its former CEO and current chairman, Andrew Wiederhorn, and his family.
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These charges were filed in May 2024.
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The DOJ indictment against FAT Brands was later dismissed without prejudice in August 2025.
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The company settled stockholder derivative actions in October 2025, agreeing to pay $10 million to FAT Brands and surrender 200,000 shares of Twin Hospitality Group, Inc. Class A Common stock to the company.
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The settlement also included corporate governance reforms, such as the creation of a standing Related Party Transactions Committee of the Board, comprised exclusively of independent directors, to review and approve all proposed transactions between FAT and any officer or director or affiliated entity for at least three years.
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The company also reported approximately one restatement per year, with 2-3 restatements annually for revenue recognition errors, and approximately 2 restatements per year for tax treatment revisions, as alleged in lawsuits.
Kind to Animals
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FAT Brands does not have a 100% cage-free egg policy and continues to allow the use of caged eggs, lagging behind competitors, with no timeline for improvement.
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The company is alleged to permit standard industrial farming practices that cause suffering to animals, specifically hens in battery cages, and to disregard ethical benchmarks by permitting suppliers to continue using barbaric systems and extreme cruelties in its egg supply chain.
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As a restaurant franchising company, animal testing policy is not applicable to its operations.
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No War, No Weapons
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No evidence available to assess FAT Brands Inc. on No War, No Weapons.
Planet-Friendly Business
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In 2023, the company achieved a waste diversion rate of 43.2%.
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The company recorded 9 to 15 environmental compliance violations per year, with 4-6 in the US, 3-5 in Canada, and 2-4 internationally.
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Respect for Cultures & Communities
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No evidence available to assess FAT Brands Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess FAT Brands Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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FAT Brands Inc. reported a waste diversion rate of 43.2% in 2023.
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No other specific, quantifiable data related to zero waste or sustainable products was available in the provided articles.