McDonald’s made its meals happier this week by announcing the formal adoption of a policy to restrict medically important antibiotic use in its beef supply chain. McDonald’s will begin by monitoring antibiotic use in its top ten beef sourcing markets across the globe and use that data to set reduction targets for reducing on-farm medically important antibiotic use by the end of 2020.Read More
Green Century Capital Management congratulates McDonald’s Corporation for its newly announced commitment to restrict the use of medically important antibiotics in its beef supply chain. As the largest purchaser of beef in the world, the announcement by McDonald’s represents an industry-leading approach that could steer further change towards antibiotic stewardship.Read More
Considerable strides have been made in palm oil sustainability in just the past six years. Since Green Century began pressing palm oil growers and traders to make zero-deforestation commitments in 2012, the percentage of refined palm oil covered by these commitments has ballooned from 5% to 74%.
Securing these commitments has been instrumental in the effort to combat climate change, preserve habitats for endangered species, and mitigate potential financial risks for investors.Read More
I just returned from Indonesia and Malaysia, where I met with palm oil growers, processors, and traders, and with banks that finance the development of palm oil, to press them to end deforestation. As a shareholder advocate, my job is to engage with companies and pressure them to improve their environmental practices.
Green Century’s shareholder advocacy is unique. Our version of shareholder advocacy goes well beyond simply voting the proxies of the corporations in our Funds.Read More