McDonald's set a new goal on Monday to reduce global greenhouse gas emissions to net-zero by 2050.
The burger giant also stated that it is working with the charity Science Based Targets initiative (SBTi) to update its current climate change goals. By 2030, it wants to reduce absolute emissions for both its suppliers and its almost 40,000 company-run and franchised restaurants throughout the world by around a third.
In an interview, Jenny McColloch, McDonald's Chief Sustainability Officer, said "We're trying to send a signal to our partners, to our investors, to our suppliers, to other brands in the global community, to policymakers, that we share that vision for 2050."
As wildfires, droughts, and floods make slowing climate change more essential, funds controlling roughly $30 trillion in assets called on 1,600 of the world's top polluting corporations to adopt science-based emissions targets on Wednesday.
McDonald's is one of the world's major beef buyers. Its supply chain, in particular its use of beef, poultry, dairy, and other proteins, accounts for over 80% of its total emissions. It will focus on reducing emissions in agriculture, land use, and forestry using new guidelines from SBTi, with whom it already collaborates.
McDonald's 2050 net-zero objective covers emissions from both direct and indirect sources, such as corporate offices and restaurants, as well as suppliers' goods and services.