McDonald's

Food Products

MCD

$ 244 (0.41)%

Share price

$ 180 bn

Market Cap

$ 230 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.08x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -5.1% weighted average for S&P 500

FY2021

McDonald's aims to reduce Scope 1 + 2 by 36% by 2030 from a base year 2015

2°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.9% weighted average for S&P 500

FY2021

McDonald's aims to achieve net zero for all Scopes by 2050

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

McDonald's reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 529 Kt (-70 /-11.7% y-o-y). Also positively, carbon intensity was down at 28 t (-0.5 /-1.8% y-o-y).

McDonald's's Scope 3 emissions increased to 53,705 Kt (+749/+1.4% y-o-y). The growth rate declined vs. the previous periods (CAGR +71% since 4Q'17).

The company is committed to reducing Scope 1 + 2 by 36% by 2030 from a base year 2015, which translates into the estimated reduction of -35 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 2°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -1,808 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	529	97	431	53,705	19,208	28
2019Q4	599	107	492	52,956	21,364	28
2018Q4	603	111	491	51,877	21,025	29
2017Q4		151		6,232	22,820
2016Q4		182		6,843	24,622
2015Q4	285	155	131	45,697	25,413	11
2014Q4		178		8,375