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.
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