May 17, 2011

McDonald’s shareholders vote for health

At the 2011 McDonald’s shareholders’ meeting, the organization worked with allies to advance a resolution calling on the burger giant to document the impact its business practices have on public health.

The resolution, submitted by The Sisters of St. Francis of Philadelphia in partnership with Corporate Accountability International, was supported by 13 additional institutional investors including Catholic Health East – a system that includes more than 100 hospitals and health care agencies from Maine to Florida. It called for McDonald’s, in light of “the contribution of the fast food industry to the global epidemic of childhood obesity and diet-related disease,” to produce a report assessing “the potential impact of public concerns and evolving public policy on the company’s finances and operations.”

This first-of-its-kind resolution garnered international media attention and a significant vote of confidence from shareholders.

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