McDonald's Aims to Cut Greenhouse Emissions by 2030
20 March 2018 - 9:55PM
Dow Jones News
By Cara Lombardo
McDonald's Corp. (MCD) on Tuesday said it plans to reduce
greenhouse-gas emissions related to its restaurants and offices by
36% by 2030, using 2015 as a base year.
The fast-food chain also plans to reduce emissions intensity per
metric ton of food and packaging by 31% across its supply
chain.
This should prevent 150 million metric tons of greenhouse gas
emissions from being released into the atmosphere, the equivalent
of taking 32 million passenger cars off the road for a year, the
company said.
McDonald's and other well-known food and beverage brands have
been trying to cut down on the enormous amounts of waste and
emissions they create, as more consumers expect such
initiatives.
McDonald's said its efforts will focus on beef production,
restaurant energy usage, sourcing, packaging and waste, which
together accounts for about 64% of its global emissions. The
company previously said it wants all of its locations to recycle
food-service packaging by 2025.
McDonald's shares, up 23.5% over the past year, are inactive
premarket.
Write to Cara Lombardo at cara.lombardo@wsj.com
(END) Dow Jones Newswires
March 20, 2018 06:40 ET (10:40 GMT)
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