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Corporate America and Climate Change: McDonald’s Sets Pace for Strategies & Action in Global Fast-Food Industry Game changer – early adopter – first mover – tipping point – striving for excellence: These are some of the familiar themes of their work offered by best-selling business authors. These phrases help to frame our understanding of established or emerging trends. Peter Economy, the “leadership guy” at Inc. magazine, offers us his take on the McDonald’s food chain announcement that “will change the future of the fast-food industry. Leadership: The company says that 84 percent of its trademark “McCafe Coffee” for the U.S. outlets (and 54% globally) is verified as sustainably sourced. That means the company is on track to meet its goal of 100% sustainably sourced everywhere by 2020. Keep in mind that the familiar golden arches food outlets sell more than 500 million cups of coffee annually. (The company has 37,000 restaurants in 120 markets, serving 69 million people daily.) Why take this course of action? The company says rising temperatures may dramatically affect coffee production and so McD will work with “thousands of franchisees, suppliers and producers” on the future of coffee production — and other societal issues related to climate change. The “size and scale” of the McD brand operations will help to make a difference in this and other climate change matters, the company thinks. For example, on beef production – the company sells more than 1 billion pounds of beef annually – McD ranks among the highest of all fast food companies in the Business Benchmark on Farm Animal Welfare…demonstrating concern about animal welfare. McDonald’s in 2018 works through its “Scale for Good” initiative, which includes addressing such challenges as packaging and waste, restaurant energy usage and sourcing, and beef production. The company will work to reduce GhG emissions — to prevent 150 million metric tons of GhG emissions from release to the atmosphere by 2030. That plan aims to reduce GhG emissions related to restaurants and offices by 2030 from the 2015 base year by 36%. There is also the commitment to reduce emissions intensity across the supply chain against 2015 levels. Note that franchisee operations (stores), suppliers and products account for 64% of McDonald’s global emissions – the company’s effort will be among the most sweeping in its industry to address the entire footprint of operations. If you are a McDonald’s supplier or business partner – take note! If you are a competitor – take note! As part of its sustainability journey, McDonald’s has adopted SDG Goal 7 (Affordable and Clean Energy), Goal 13 (Climate Action) and Goal 17 (Partnerships for the Goals). Click here for more information. This Week’s Top Stories McDonald’s Stunning New Coffee Sustainability Announcement Will Completely Change the Future of Fast Food
Sustainability: Continuing Forward Momentum! Environmental sustainability: Why on ‘Earth’ should we care? For Retailers and Brands, Sustainability Needs Good Tech Kianna Marquez: Calling for an era of sustainability Sharing Is the Key to Scaling Sustainability In the scramble for more sustainable construction methods, could green concrete be the answer? Blockchain and Environmental Sustainability Wrigley Institute dives into sustainability Our Focus This Week on A Range of ESG Topics & Issues – More For You to Think About – What Will Be the Future Impact of These Developments? Brands Taking Stands on ESG Issues Is a Movement, Not a Moment, Say 82 Percent of Corporate Leaders Surveyed by 3BL Media and GlobeScan Science Summit Denounces Gene-Edited Babies Claim, But Rejects Moratorium The gender pay gap may be worse than you thought Headlines From the Corporate Sector – Both Positive & Negative Henkel, Nestle Waters target plastic sustainability Can the ‘broken’ fashion industry become more sustainable? The Challenges Of Producing Sustainable Luxury Goods And the Headlines of interest… Deutsche Bank headquarters raided over money laundering Investors call on Duke Energy to mitigate coal ash risks Hundreds Of Google Employees Tell Bosses To Cancel Censored Search Amid Worldwide Protests Four top Oracle execs’ total compensation tops $400 million
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Corporate America and Climate Change: McDonald’s Sets Pace for Strategies & Action in Global Fast-Food Industry
December 7, 2018
Sustainability Reporting
