McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent businessmen and women.
McDonald’s latest phase towards sustainable solutions is the phased rollout of paper straws in all of the 1,361 McDonald’s restaurants in Ireland and the UK. The company plans to complete the rollout by 2019 and is beginning testing alternatives to plastic straw in various markets across the globe.
The transition to paper straws will be in September and is a step towards the restaurant chains goal to source 100% of its guest packaging from renewable, recycled or certified sources by the year 2025, as well as having all of its guest packaging recycling in all restaurants throughout the world.
Testing alternatives to plastic straw have already begun in McDonald’s restaurants in Belgium and will start in the United States, France, Sweden, Norway, and Australia later this year.
Francesca DeBiase Executive Vice President, Global Supply Chain and Sustainability stated, “McDonald’s is committed to using our scale for good and working to find sustainable solutions for plastic straws globally. In addition to the exciting news from the UK today, we are testing straw alternatives in other countries to provide the best experience for our customers. We hope this work will support industry-wide change and bring sustainable solutions to scale.”
To learn more about McDonald’s Corporation (MCD) and to track its progress please visit the Vista Partners McDonald’s Coverage Page.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
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McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent businessmen and women.
McDonald’s latest phase towards sustainable solutions is the phased rollout of paper straws in all of the 1,361 McDonald’s restaurants in Ireland and the UK. The company plans to complete the rollout by 2019 and is beginning testing alternatives to plastic straw in various markets across the globe.
The transition to paper straws will be in September and is a step towards the restaurant chains goal to source 100% of its guest packaging from renewable, recycled or certified sources by the year 2025, as well as having all of its guest packaging recycling in all restaurants throughout the world.
Testing alternatives to plastic straw have already begun in McDonald’s restaurants in Belgium and will start in the United States, France, Sweden, Norway, and Australia later this year.
To learn more about McDonald’s Corporation (MCD) and to track its progress please visit the Vista Partners McDonald’s Coverage Page.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive!
Join us at Vista Partners! It’s FREE to receive email updates.