Six Fast-Food Giants Commit to Science-Based Targets, but Challenges Remain

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 supply chain, according to a new progress report published today by the global investor network, the FAIRR Initiative, and the sustainability organisation, Ceres. Led by an $11-trillion investor coalition, the Global Investor Engagement on Meat Sourcing focused on six leading fast-food companies with a combined market cap of more than $281 billion: Chipotle Mexican Grill, Domino’s Pizza, McDonald’s,Restaurant Brands International (owners of Burger King), Wendy’s Co. and Yum!…

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