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Mcdonalds agrees to reduce pesticide use
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Added by
apesphere on 01 Apr 2009
From: www.foxbusiness.com
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| Image courtesy benklocek via Flickr |
Mcdonalds, the biggest potato purchaser in the US, has agreed to monitor and employ best practices to reduce pesticide use across the US supply chain.
The company's new commitment is a response to shareholder concerns about pesticide use associated with harmful effects on the environment, public health, and farm employees
As a result of the agreement shareholder resolutions will be withdrawn by Bard College Endowment, Newground Social Investment, and the AFL-CIO Reserve Fund.
According to these funds, the terms of the agreement are that:
"McDonald's has committed to: (1) survey its current U.S. potato suppliers; (2) compile a list of best practices in pesticide reduction that will be recommended to the company's global suppliers (through the company's Global Potato Board); and (3) communicate findings related to best practices to shareholders, and in the company's annual corporate social responsibility (CSR: 4.05, 0.19, 4.92%) report."
- Read the source
- Topics: Governance & Engagement, afl-cio reserve fund, bard college endowment, chemicals, communities, employees, food drink agriculture, investor activism, investors, mcdonalds, newground social investment, pesticides, planet, shareholder activism, shareholder resolutions, supply chain, usa & canada
Andrew Newton 

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