McDonald's Corp.
This commitment was made as part of their participation in the United Nations Race to Zero campaign in 2021. Net Zero Tracker
Additionally, they have an interim target to reduce greenhouse gas emissions related to their restaurants and offices by 36% from 2015 levels by 2030. Net Zero Tracker
An interesting aspect of their environmental policy is their support for deforestation-free supply chains and promotion of forests as a climate solution, which is integral to their business strategy. Net Zero Tracker …"
Current Score (vs. LY)
43.5 pts (2.5)
Last Update: Dec. 12, 2023Greenhouse Gas Emissions
Last 3 Years Emissions Data Summary
Y2021 | Y2020 | Y2019 | |
---|---|---|---|
Scope 1 | 113,286 | 97,398 | 107,034 |
Scope 2 - location-based | 521,720 | 473,728 | 569,598 |
Scope 2 - market-based | 469,236 | 431,395 | 492,114 |
Scope 1-2 - location-based | 635,006 | 571,126 | 676,632 |
Scope 1-2 - market-based | 582,522 | 528,793 | 599,148 |
Scope 3 | 56,803,958 | 53,195,180 | 0 |
Total - location-based | 57,438,964 | 53,766,306 | 676,632 |
Total - market-based | 55,555,985 | 50,972,125 | 599,148 |
Note: Data sources detailed here
Y2022 | Y2021 | |
---|---|---|
Total CO2e estimate (by Net0Tracker) | 11,227,028 | 55,555,985 |
Methodology | Pre-calculated sector intensity (revenue) | As reported |
Carbon emissions are estimated according to comparable years, intensity and sector benchmarks
Performance vs. Target
Value Chain (scope 3) Emissions by Category
Emissions Trajectory (Full Scopes)
Please refer to the library for viewing the supporting documentation
Sector Benchmark
Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.
McDonald's Corp. belongs to the sector Consumer Discretionary.
Reduction and Net Zero Targets
>Note: intensity targets are not represented in the current version - see Methodology
Gross Absolute Emission Reductions
Scope | Reduction Objectives | Base Year | Target Year | Comments |
---|---|---|---|---|
S1S2S3MKT | 36.0 | 2015 | 2030 | Note that all the scope 3 emissions categories are not fully covered |
S1S2MKT | 36.0 | 2015 | 2030 |
Net Absolute Emission Reductions
There is no absolute emission reduction recorded in our database. Email us to report missing information Email
Net Zero Future Commitments
Scope | Scope 3 Coverage | Target Year | Comments |
---|---|---|---|
S1S2S3MKT | FULL | 2050 |
Science-based Targets (SBTI)
Date Published / Updated :01/12/2023
Near-term | Long-Term | Net Zero Standard |
---|---|---|
Targets Set : 1.5°C by 2030 | Targets Set : 1.5°C by 2050 | Yes by 2050 |
Overall Net-Zero Target
McDonald’s Corporation commits to reach net-zero GHG emissions across the value chain
by 2050.
Near-Term Targets
Energy and industrial: McDonald’s Corporation commits to reduce absolute scope 1 and 2
GHG emissions 50.4% by 2030 from a 2018 base year. McDonald’s Corporation also commits
to reduce absolute scope 3 energy and industrial GHG emissions from purchased goods and
services, fuel and energy related activities, upstream transportation and distribution, waste
generated in operations, end-of-life treatment of sold products, and franchises 50.4% within
the same timeframe.
FLAG: McDonald’s Corporation commits to reduce absolute scope 3 FLAG GHG emissions 16%
by 2030 from a 2018 base year.* McDonald’s Corporation also commits to maintain no
deforestation across its primary deforestation-linked commodities.
Long-Term Targets
Energy and industrial: McDonald’s Corporation commits to reduce absolute scope 1, 2, and
energy and industrial scope 3 GHG emissions 90% by 2050 from a 2018 base year.
FLAG: McDonald’s Corporation also commits to reduce absolute scope 3 GHG emissions 72%
by 2050 from a 2018 base year.*
*Target includes FLAG emissions and removals.
Offsets
Last update for McDonald's by zerotracker.net: Sept. 4, 2024Planning to use external offset credits | Not Specified |
Separate targets for emission reductions and removals | No |
Conditions on use of offset credits | None |
Plans for carbon dioxide removal (CDR) | Yes (nature-based removals e.g. Forestation, soil carbon enhancement) |
Additional notes: Nature-based: 'We support deforestation-free supply chains, and we see promoting forests as a climate solution not just as our responsibility, but as core to our business.' (p10) . In July of 2021, Lopez-Dorada Foods, supply partner of McDonald’s for over 40 years for beef, pork, and chicken, entered into a long-term virtual power purchase agreement (VPPA) for solar power to offset its greenhouse gas emissions.
Score Summary
Ref | Principle |
Score
(points) |
Max
(points) |
Delta
(points) |
---|---|---|---|---|
1 | At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified | 5.0 | 10.0 | 0.0 |
2 | Scope 3 emissions are fully reported and externally-verified | 2.5 | 10.0 | 0.0 |
3 | CDP score demonstrates the level of transparent disclosures | 6.0 | 10.0 | 0.0 |
Transparency | 13.5 | 30.0 | 0.0 | |
4 | Net Zero Commitments by 2050 include an intermediate target and cover all the emissions | 10.0 | 10.0 | 0.0 |
5 | Net Zero targets demonstrate a high-level of emergency | 0.0 | 10.0 | 0.0 |
6 | Emission reduction targets on a forward-looking basis are ambitious | 0.0 | 10.0 | 0.0 |
7 | Targets are science-based as validated by SBTi | 5.0 | 10.0 | 0.0 |
Commitments | 15.0 | 40.0 | 0.0 | |
8 | Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) | 5.0 | 10.0 | 0.0 |
9 | Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) | 0.0 | 10.0 | 0.0 |
10 | Implied Temperature Rating by MSCi | 10.0 | 10.0 | 2.5 |
Results | 15.0 | 30.0 | 2.5 | |
Total | 43.5 | 100.0 | 2.5 |
Score Details
Criteria | Results | 2023 Score | 2022 Score | Vs. 2022 | 2021 Score |
---|---|---|---|---|---|
Criteria 1 : Transparency on operational emissions (Scope 1 + 2) | |||||
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? | yes | 5.0 / 5.0 | 5.0 | 0.0 | 5.0 |
Are S1+S2 figures verified by a 3rd-party for the last reporting year? | NC | 0.0/ 5.0 | 0.0 | 0.0 | 0.0 |
Criteria 2 : Transparency on value chain emissions (Scope 3) | |||||
Are the 15 categories fully or partly disclosed? | partly | 2.5 / 5.0 | 2.5 | 0.0 | 5.0 |
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? | NC | 0.0 / 5.0 | 0.0 | 0.0 | 0.0 |
Criteria 3 : Quality and Frequency of reporting | |||||
What is the latest CDP score (no later than the preceding year)? | C | 6.0 / 10.0 | 6.0 | 0.0 | 6.0 |
How many interim reporting were provided between 2 reporting periods (GHG emissions only)? | |||||
Criteria 4 : Net Zero Commitments | |||||
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? | yes | 3.0 / 3.0 | 3.0 | 0.0 | 3.0 |
Does the net zero target include an intermediate target by 2030? | 2030 | 3.0 / 3.0 | 3.0 | 0.0 | 3.0 |
Does the net zero target include all the emissions? | yes | 4.0 / 4.0 | 4.0 | 0.0 | 4.0 |
Criteria 5 : Target year for Net Zero Commitments | |||||
Target year for achieving net zero emissions for S1+S2? | 2050 | 0.0 / 5.0 | 0.0 | 0.0 | 0.0 |
Target year for achieving net zero emissions for S1+S2+S3 combined? | 2050 | 0.0 / 5.0 | 0.0 | 0.0 | 0.0 |
Criteria 6 : Reduction objectives | |||||
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? | -6.7 | 0.0 / 5.0 | 0.0 | 0.0 | 0.0 |
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3? |
No target found
|
0.0 / 5.0 | 0.0 | 0.0 | 0.0 |
Criteria 7 : Science-Based Targets | |||||
What type of science-based target (as validated by SBTi) did the company commit to? | Targets Set 2°C | 5.0 / 10.0 | 5.0 | 0.0 | 5.0 |
Criteria 8 : Results based on scope 1 - 2 | |||||
Performance to date: cumulative% reduction vs. target |
Objective (in %):
14.4
Actual (in %): 60.1 |
5.0 / 5.0 | 5.0 | 0.0 | 5.0 |
Momentum: last year % reduction vs. forward-looking target |
Objective (in %):
Actual (in %): Forward-looking reduction could not be calculated
|
0.0 / 5.0 | 0.0 | 0.0 | 0.0 |
Criteria 9 : Results based on scope 1 - 2 - 3 | |||||
Performance to date: cumulative% reduction vs. target |
Objective (in %):
Actual (in %): No target found
|
0.0 / 5.0 | 0.0 | 0.0 | 0.0 |
Momentum: last year % reduction vs. forward-looking target |
Objective (in %):
Actual (in %): No target found
|
0.0 / 5.0 | 0.0 | 0.0 | 0.0 |
Criteria 10 : Implied Temperature Rise (ITR) | |||||
Is the company aligned with global climate targets? | ITR: 1.4°C | 10.0 / 10.0 | 7.5 | 2.5 | 7.5 |
Total | 43.5 / 100.0 | 41.0 | 2.5 | 43.5 |
Available Data Sources
Reporting Year | 2021 | 2021 | 2020 | 2020 | 2020 | 2020 | 2019 | 2019 | 2019 | 2019 | 2018 | 2018 | 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Source | NZPDU | Public | CDP | NZPDU | Public | Yourstake | CDP | Public | CDP | NZPDU | Public | CDP | NZPDU |
Publication Year | 2022 | 2022 | 2021 | 2021 | 2022 | 2022 | 2021 | 2021 | 2020 | 2020 | 2021 | 2020 | 2019 |
Scope 1 | 113,286 | 113,286 | 97,398 | 97,349 | 97,398 | 97,398 | 107,034 | 107,035 | 107,035 | 103,530 | 111,499 | 111,499 | 114,307 |
Scope 2 - location-based | 521,720 | NA | 473,728 | 474,170 | NA | 473,728 | 569,598 | 0 | 569,598 | 511,444 | 0 | 563,038 | 565,195 |
Scope 2 - market-based | 469,236 | 469,236 | 431,395 | 430,403 | 431,395 | 431,395 | 492,114 | 492,114 | 492,114 | 445,172 | 491,053 | 491,053 | 492,549 |
Scope 1-2 - location-based | 635,006 | 113,286 | 571,126 | 571,519 | 97,398 | 571,126 | 676,632 | 107,035 | 676,633 | 614,974 | 111,499 | 674,537 | 679,502 |
Scope 1-2 - market-based | 582,522 | 582,522 | 528,793 | 527,752 | 528,793 | 528,793 | 599,148 | 599,149 | 599,149 | 548,702 | 602,552 | 602,552 | 606,856 |
Scope 3 | 56,803,958 | 56,803,958 | 53,195,180 | 52,933,295 | 53,704,901 | 53,195,180 | 0 | 0 | 52,955,643 | 56,294,107 | 0 | 0 | 12,308,421 |
Total - location-based | 57,438,964 | 56,917,244 | 53,766,306 | 53,504,814 | 53,802,299 | 53,766,306 | 676,632 | 107,035 | 53,632,276 | 56,909,081 | 111,499 | 674,537 | 12,987,923 |
Total - market-based | 55,555,985 | 57,386,480 | 50,972,125 | 51,248,629 | 54,233,694 | 53,723,973 | 599,148 | 599,149 | 51,195,999 | 54,648,554 | 602,552 | 602,552 | 9,235,576 |
Sources
- Yourstake: Data from YourStake.org - see Free SFDR data library
- CDP: Data from CDP Climate Change Questionnaire - see Free SFDR data library
Please refer to the library for viewing the supporting documentation
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