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McDonald’s Closer To The Goal Of Achieving All Paper Packaging From Sustainable Fiber

By John F. Heerdink, Jr.

Reportedly, McDonald’s Corporation (MCD) informed that it has nearly achieved its goal of sourcing all of its paper food packaging in restaurants from the recycled or sustainable fiber. In its annual sustainability report, the fast-food giant informed that in 2020, 99.6% of the paper bags, food wrappers, napkins, cup carriers and other fiber-based materials it used to package meals for customers came from recycled or certified sustainable fiber sources, an increase from 92% in 2019.

Many restaurant and food chains are working to reduce environmental damage from packaging, by including the usage of more recyclable or compostable materials and allowing customers to reuse bowls or cups. McDonald’s has set a larger goal for all of its customer packagings to come from renewable, recycled, or certified sources by 2025.

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. 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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(Read Original Story: McDonald's says nearly all its paper packaging from sustainable fiber in Reuters)


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