Investors call for global fast food chains to fight climate change. Credit: Mike Mozart via Flickr

A group of investors has urged some of the world’s largest global fast food chains to take action on their carbon and water usage, according to a BBC report.

McDonalds, KFC, Pizza Hut, Domino’s, Burger King, Chipotle, Mexican Grill and Wendy’s are some of the chains contacted.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The 80-strong investor group which has around $6.5tn under management wants the global fast food chains to set quantitative and timely targets to cut greenhouse gas emissions from their meat and dairy supply chains and to commit to publicly disclosing these targets. An analysis of the meat and dairy fast food producers raised their concerns.

The BBC report states that “agricultural emissions including those from meat and dairy are on track to contribute around 70% of the total allowable greenhouse gas emissions by 2050” and that around 10% of annual global water flows is used by the livestock sector.

The investors say they want these changes to help fast food services minimise future risks and want implementation to take effect in March.

Aviva Investors analyst Eugenie Mathieu said: “When it comes to evaluating market risk, rising global temperatures and intensifying competition for water access are increasingly material factors for investors.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This is especially the case in the meat and dairy sector. From field to fork, investors want to understand which food companies are monitoring and minimising the long-term environmental risks in their supply chain. This engagement sends a clear message to the fast food sector that investors expect them to deliver sustainable supply chains.”