By Thin Lei Win. Thomson Reuters Foundation, 29 January 2019.
An investor group managing some $6.5 trillion on Tuesday called on six of the world’s largest fast food restaurants, including McDonald’s, KFC and Burger King, to reduce their planet-harming greenhouse gas emissions and water use.
Companies selling burgers, chicken and milk products are trailing behind other high-emitting industries, like carmakers, in setting targets to clean up their supply chains and help meet the Paris Agreement to limit global warming, campaigners say.
More than 80 investors – members of Farm Animal Investment Risk and Return (FAIRR), a network educating investors – wrote to the fast food giants calling on them to publicly set and monitor targets on GHG emissions and freshwater impacts.