A group of investors worth more than $6.5 trillion is putting massive pressure on fast food suppliers such as McDonalds, KFC, and other chains to change their ways in order to mitigate the effects of climate change. The investors are calling for public, time-limited targets for reducing the impacts fast food chains have on the environment. Specifically, the investors want chains to cut carbon and water risks in their dairy and meat suppliers, which is one of the highest emitting sectors without a low CO2 plan. If the fast food chains don’t have a response by March, there could be serious financial consequences.
Wealthy investors are demanding fast food giants to act on climate change
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