Icahn Enterprises Activist Presentation Deck
THE PATH FORWARD: A SUPERIOR ESG FRAMEWORK
An ESG framework that focuses on advancing capabilities for McDonald's' key ESG factors will help the Company
rebuild trust with shareholders, customers and employees
Animal Welfare
Integrate binding, contractual terms for suppliers that align with best-
in-class animal welfare targets and objectives
Clearly define a management position with responsibility for farm
animal welfare on a day-to-day basis and Board/senior management
oversight
Advance measures to promote animal welfare standards, including
training and supplier programs
Develop clear, consistent, global indicators for all significant protein
sources, including KPIs tied to commitments, protein source
consumption data, etc.
Disclose year-over-year progress for all indicators in a centralized
report, with discussion and rationale for poor and positive trends
Fulfill commitment to phase out the routine use of medically
important antibiotics in the Company's beef supply
CAWS
Protein
Diversification &
Product Innovation
Incorporate time-
bound goals for
protein
diversification in
business strategy and
enterprise risk
management
Disclose goals, action
plans and KPIs to
demonstrate
progress
Climate Impact &
Strategy
Strengthen
incorporation of risk
from animal farming
and feed production
in TCFD analysis
Verify scope 1, 2 and
3 emissions through
third-party assurance
Report year-over-
year progress in
centralized report
Food Quality &
Nutrition
Receive/disclose
third-party
certification of food
safety management
system
Increase
transparency on
recalls and incidents
Expand health and
safety targets and
initiatives beyond
Happy Meals®
16View entire presentation