McDonald's Corporation (McDonald's) is facing a shareholder proposal urging the company to set measurable targets for switching to cage-free eggs worldwide. The Accountability Board, Inc., the proponent of the proposal, highlighted in a letter dated April 9, 2024, that while McDonald's has achieved 100% cage-free eggs in the U.S. and other markets, it lacks such targets in several global markets. The proposal, which does not dictate specific targets but asks for their establishment, contrasts with McDonald's focus on markets where it has already made or is making the transition. The Accountability Board argues that there are opportunities for McDonald's to influence and establish a cage-free egg supply chain in its second- and third-largest markets, China and Japan, as well as other regions. They point out that competitors have set global targets for cage-free eggs, suggesting that McDonald's should follow suit. The letter concludes by urging shareholders to vote FOR Proposal 7 in the upcoming proxy.

McDonald's Corporation (McDonald's) is facing a shareholder proposal urging the company to set measurable targets for switching to cage-free eggs worldwide. The Accountability Board, Inc., the proponent of the proposal, highlighted in a letter dated April 9, 2024, that while McDonald's has achieved 100% cage-free eggs in the U.S. and other markets, it lacks such targets in several global markets. The proposal, which does not dictate specific targets but asks for their establishment, contrasts with McDonald's focus on markets where it has already made or is making the transition. The Accountability Board argues that there are opportunities for McDonald's to influence and establish a cage-free egg supply chain in its second- and third-largest markets, China and Japan, as well as other regions. They point out that competitors have set global targets for cage-free eggs, suggesting that McDonald's should follow suit. The letter concludes by urging shareholders to vote FOR Proposal 7 in the upcoming proxy.