Billionaire investor and Icahn Enterprises founder Carl Icahn is waging a proxy battle against McDonald's in an effort to pressure the fast food giant to switch to 'crate free' pork.
on Sunday that Icahn has nominated Leslie Samuelrich and Maisie Ganzler to stand for election at the company's 2022 annual meeting.
"Mr. Icahn’s stated focus in making this nomination relates to a narrow issue regarding the Company’s pork commitment, which The Humane Society U.S. has already introduced through a shareholder proposal," McDonald's said. "This is an issue on which McDonald’s has been a leader." In 2012, McDonald's announced a commitment to source from pork producers who do not use gestational crates for pregnant sows.
In 2012, McDonald's announced a commitment to source pork from producers who do not use small crates for pregnant sows. The company said it expects to source 85% to 90% of its pork volumes from sows not housed in gestation crates during pregnancy by the end of 2022. By the end of 2024, it expects 100% of its U.S. pork to come from sows housed in groups during pregnancy.
"While the Company looks forward to promoting further collaboration across the industry on this issue, the current pork supply in the U.S. would make this type of commitment impossible," McDonald's said. "Furthermore, it reflects a departure from the veterinary science used for large-scale production throughout the industry, and would harm the Company’s shared pursuit of providing customers with high quality products at accessible prices.
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