Icahn Enterprises Activist Presentation Deck
ESG FRAMEWORK: PROTEIN DIVERSIFICATION & PRODUCT
INNOVATION
Our nominees can help the Board explore and grow the Company's plant-based product offering
✓ Establish a time-based goal to grow revenue from alternative
protein sources
✓ Incorporate targets for protein diversification in executive
compensation
✓ Transition global business model to diversify protein sources.
and integrate with corporate strategy including enterprise risk
management, climate targets, animal welfare standards, etc.
✓ Develop action plans to undertake transition, including
consumer education/campaigns, sourcing standards, research
and innovation, marketing and more
✓ Track and report year-over-year progress
CAWS
Increasing revenue from plant-based alternatives
directly impacts FIVE of the top 10 ESG factors
that are most important to stakeholders:
Alleviate supply chain risk exposure from
animal and feed production
Reduce scope 3 emissions from agriculture
production, the largest source of MCD's GHG
emissions
Reduce ecological impacts from commodities
driving deforestation and water scarcity
Drive revenue and growth through innovation
and consumer trends in sustainability
Drive down animal protein demand to directly
support animal welfare commitments
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