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Stock impact report

McDonald's to boost diversity among suppliers to 25% [Reuters]

Accenture plc Class A Ordinary Shares (Ireland) (ACN) 
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am Check Earnings Report
US:NYSE Investor Relations: investor.accenture.com
Company Research Source: Reuters
FILE PHOTO: The McDonald's company logo stands on a sign outside a restaurant in Bretigny-sur-Orge, near Paris, France, July 30, 2020. REUTERS/Benoit Tessier//File Photo The burger chain, which reports second quarter earnings on Wednesday, vowed to boost U.S. spending with diverse suppliers and service providers to 25% by 2025, from about 23% currently. The increase will add at least another $200 million annually to the $3.3 billion that McDonald's spent with diverse suppliers in 2020, out of the $14 billion it spends on suppliers altogether. McDonald's and other companies launched broad new diversity goals amid a national reckoning with race prompted by the murder of George Floyd, an unarmed Black man, in police custody. In February, McDonald's tied executive bonuses to its diversity goals and released details of its workforce demographics for the first time. Because McDonald's has more than 39,000 restaurants globally, small changes in its supply chain can ripple into oth Show less Read more
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