McDonald’s pledges to offer more sustainable Happy Meal toys worldwide by the end of 2025 [CNBC]
McDonald's Corporation (MCD)
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Source: CNBC
The company hopes to cut 90% of the amount of virgin fossil fuel-based plastic it used in the toys in 2018. McDonald’s sells more than a billion toys a year through its Happy Meals. McDonald’s is pledging to offer sustainable Happy Meal toys made with dramatically less plastic by the end of 2025. The fast-food giant said that it has already slashed use of virgin fossil fuel-based plastic in its toys by 30% worldwide since 2018 after starting the process in markets like France, the United Kingdom and Ireland. If it achieves the target it announced Tuesday, the company will have cut 90% of the amount of virgin fossil fuel-based plastic it used in the toys in 2018. More than 100 countries worldwide sell Happy Meals at McDonald’s locations. The burger chain began selling the meals in 1979. In 2018, after widespread concern about children’s meals at fast-food restaurants, the company revamped its options to selections that were lower in calories, sodium, saturated fat and sugar. Happy
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MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/23/24 - Form 144
- 4/23/24 - Form 4
- 4/18/24 - Form PX14A6G
- MCD's page on the SEC website