Financial Times Reported Sunday: Legal & General Investment Management And Amundi Are Among Institutions Backing Resolution At McDonald's Annual Meeting May 26 To Reduce Use Of Antibiotics in Food Supply Chain
Portfolio Pulse from Charles Gross
Legal & General Investment Management and Amundi are supporting a resolution at McDonald's annual meeting on May 26 to reduce the use of antibiotics in the food supply chain.

May 22, 2023 | 9:10 am
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McDonald's faces a resolution backed by Legal & General Investment Management and Amundi to reduce antibiotics use in its food supply chain.
The resolution, if passed, would require McDonald's to reduce antibiotics use in its food supply chain. This could lead to increased costs and operational changes for the company. However, it may also improve the company's reputation and appeal to health-conscious consumers. The short-term impact on the stock price is uncertain, as the outcome of the resolution and its potential effects are not yet clear.
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