McDonald's joins Starbucks to develop sustainable products, pledges $5mn

By James Henderson
McDonald’s has joined Starbucks & Closed Loop Partners in a partnership to develop a recyclable and/or compostable cup solu...

McDonald’s has joined Starbucks & Closed Loop Partners in a partnership to develop a recyclable and/or compostable cup solution through NextGen Cup Consortium and Challenge. 

Each year, an estimated 600bn paper and plastic cups are distributed worldwide, most of which are not recyclable or compostable.

In a statement, McDonald’s said that as the world’s largest restaurant company, it has the responsibility and opportunity to take action on some of the most pressing social and environmental challenges in the world today.

“One of these challenges is packaging and waste. Our customers tell us that this is their number one environmental concern. We’re listening and taking action.

“In January, we announced new packaging and recycling goals and as part of these efforts, we’re excited to announce a groundbreaking new collaboration.”

Marion Gross, Senior Vice President and Chief Supply Chain Officer, McDonald’s USA, commented: “McDonald’s is committed to using our scale for good to make positive changes that impact our planet and the communities we serve.

SEE ALSO:

“We are excited to join Starbucks and Closed Loop to help solve this pressing challenge as collaboration is key to finding a scalable, lasting global solution.”

McDonald’s is committing $5 million in partnership with Closed Loop Partners to help launch the NextGen Cup Consortium and Challenge announced earlier this year, bringing the total contributed to $10 million.

The NextGen Cup Challenge will be open to supply chain leaders, innovators, solution providers and anyone with promising solutions to recover single use cups.

The initial focus of the challenge is on the fiber-based hot and cold cup, starting with identifying solutions for a fully recyclable and/or compostable cup system in North America.

Awardees will receive acceleration funding up to $1mn based on key milestones. Up to seven of the awardees will enter a six-month accelerator programme to help scale their solutions.

Share

Featured Articles

Shell invests in Qatar LNG North Field East project

Shell buys 25% stake in Qatar LNG North Field East expansion project which will have capacity of 32mn tonnes a year

Gas-led recession a 'near certainty' in Europe

Centre for Economics and Business Research estimates the risk of a recession in Europe this winter at approximately 40%

ABB scoops global energy automation technology award

ABB excels in innovating subsea systems and electrification services and providing underwater control solutions according to Frost & Sullivan

INEOS Köln awarded €770,000 for green hydrogen study

Renewable Energy

UK receives £2.7bn upfront funding to boost grid capacity

Utilities

Poland and Germany best placed for gas-to-coal switch

Oil & Gas