McDonald’s, Wendy’s shareholders demand companies address child labor crisis

A group of powerful investment managers and public treasurers with assets invested in McDonald’s are demanding that the company take tougher steps to address child-labor violations at its franchises.

In letters sent Tuesday, the shareholders urged the boards of directors at McDonald’s and Wendy’s to adopt a zero-tolerance policy for the use of child labor at franchised restaurants. They also asked the companies to conduct third-party human rights risk assessments of their businesses, among other demands.

Source link

Related Posts

Elon Musk’s wrecking ball

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world What is a good way of reducing plane…

Read more

European countries clash over sending troops to Ukraine

European countries clashed over sending troops to Ukraine at a crisis meeting intended to reach a consensus on how to respond to US President Donald Trump’s peace talks with Russia….

Read more

UK Supreme Court rejects chancellor’s attempt to intervene in car finance litigation

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Banks’ hopes of being shielded from a multibillion-pound mis-selling scandal…

Read more

Trump’s reckless experiment with financial deregulation

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two years ago, the US was on the brink of…

Read more

Zelenskyy ‘will not recognise’ US-Russia talks that exclude Ukraine

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Senior US and Russian officials will meet in…

Read more

Trump administration pressures Romania to lift restrictions on Andrew Tate

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Trump administration has pressured Romanian authorities to…

Read more

Leave a Reply