Report Shows Mixed Picture for Fast-Food Giants on Supply Chain Sustainability
By Marina Leiva
A three-year global investor engagement with fast-food giants has resulted in significant progress on climate target setting but has raised concerns for investors about the management of both emissions and water usage in the industry’s supply chain, according to a new progress report published today by global investor network FAIRR and sustainability organisation Ceres.
Led by an $11trn investor coalition, the Global Investor Engagement on Meat Sourcing focused on six leading fast-food companies with a combined market cap of more than $281bn: Chipotle Mexican Grill, Domino’s Pizza, McDonald’s, Restaurant Brands International (RBI, owner of Burger King), Wendy’s and Yum! Brands (owner of KFC, Pizza Hut and Taco Bell).
Photo courtesy of Mike Mozart.
Source: Investment Monitor (link opens in a new window)