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 Carl Icahn's director nominees at McDonald's said she would push the burger giant to tackle several sustainability issues.

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

So far Icahn, the well-known activist investor, has framed his challenge seeking two board seats at McDonald's mainly over the treatment of pigs by the chain's suppliers. "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.

On its website, McDonald's says it is working with partners on responsible antibiotic use and that amid Covid-related delays it is "evolving our plan." The company also hasSeparately, Samuelrich said she supports steps McDonald's has taken in Russia in response to Moscow's invasion of Ukraine. The company's temporary store closures in Russia are costing it about $50 million a month as it continues to pay staff.

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