Icahn director nominee says McDonald's faces sustainability risks

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Icahn director nominee says McDonald's faces sustainability risks
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One of investor Carl Icahn's director nominees at McDonald's Corp said she would push the burger giant to tackle sustainability issues like lowering the environmental impact of farming and lessening antibiotic use.

The logo for McDonald's restaurant is seen as McDonald's Corp. reports fourth quarter earnings, in Arlington, Virginia, U.S., January 27, 2022. REUTERS/Joshua Robertssaid she would push the burger giant to tackle sustainability issues like lowering the environmental impact of farming and lessening antibiotic use.

But Leslie Samuelrich, president of Green Century Capital Management, said ending the use of gestation crates, as Icahn has urged, would have other benefits like reducing crowded factory farms that cause pollution."While we think they're a strong company, they have some vulnerabilities they're not recognizing on reputational and governance risks," Samuelrich said in an interview with Reuters on Thursday.

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