McDonald's to potato suppliers: cut pesticides
April 1, 2009
Responding to shareholder concerns, fast-food giant McDonald's Corp., Oak Brook, Ill., reportedly agreed to to formally survey and promote best practices in pesticide use reduction within with American potato supply chain. Sources say this agreement led to the withdrawal of a shareholder resolution filed by the Bard College Endowment, Newground Social Investment and the AFL-CIO Reserve Fund. The agreement states that McDonald's will (1) survey its current U.S. potato suppliers (2) compile a list of best practices in pesticide reduction that will be recommended to the company's global suppliers (through McDonald's Global Potato board) and (3) communicate findings on the environmental and worker health issues, and in the company's annual corporate social responsibility report.