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Industry

Fast food giants must do more to mitigate climate & water risks, investors say

Source: Food and Drink

The world’s largest fast food companies have been urged to take faster and deeper action to manage and mitigate climate and water risks in their supply chains.

Since launching in January 2019, a global investor coalition led by FAIRR and sustainability organisation, Ceres, has been engaging with the biggest fast food companies on climate and water risk management.

Since then, it has grown to represent more than $11.4 trillion of assets, engaging with Chipotle Mexican Grill, Domino’s Pizza, McDonald’s, Restaurant Brands International (owners of Burger King), Wendy’s Co. and Yum! Brands (owners of KFC and Pizza Hut).