McDonald’s Commits to Major Boost in Supplier Diversity Efforts Over Next 4 Years

Greater diversity and inclusion is now part of the menu at McDonald’s, especially when it comes to the suppliers the massive fast-food chain is committed to working with.

Hilary Russ from Reuters has reported that McDonald’s, along with 20 of its largest U.S. suppliers, including meat producers Cargill and Tyson Foods, have agreed to a giant push for diversity throughout the supply chain.

“The burger chain vowed to boost U.S. spending with diverse suppliers and service providers to 25% by 2025, from about 23% currently,” Russ said. “The increase will add at least another $200 million annually to the $3.3 billion that McDonald’s spent with diverse suppliers in 2020, out of the $14 billion it spends on suppliers altogether.”

Continue reading this and all our content with a Fair360 subscription.

Gain company-wide access to our premium content including our monthly webinars, Meeting in a Box, career advice, best practices, and video interviews with top executives.MembershipsAlready a member? Sign in.

Related

Trending Now

Follow us

Most Popular