McDonald's

Restaurants

MCD

$ 272 (0.82)%

Share price

$ 200 bn

Market Cap

$ 246 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.06x the weighted average for S&P 500

FY2021

Primary Climate Goal

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

In line with the -6.6% weighted average for S&P 500

FY2022

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

FY2022

McDonald's aims to reduce all Scopes by 36% by 2030 from a base year 2015

2°C

GHG emissions and Carbon intensity

McDonald's reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 530 Kt (+0.98/+0.2% y-o-y). At the sime time, carbon intensity declined to 23 t (-4.7 /-17.1% y-o-y).

McDonald's's Scope 3 emissions was up at 55,463 Kt (+1,758/+3.3% y-o-y). The growth has slowed compared to the trend since 4Q'17 (CAGR +55%).

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 -39 Kt per annum over the period of FY2022 - 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 reducing all Scopes by 36% by 2030 from a base year 2015, which translates into the estimated reduction of -2,952 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 2°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	530	113	417	55,463	23,223	23
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