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At the recent Mail & Guardian 200 Young Summit sponsored by McDonald’s South Africa, a panel of experts discussed how companies can adopt sustainable practices to mitigate their environmental impact and foster a more equitable society. He said that this balance is especially important for businesses in low-income areas, where inadequate support and resources can hinder growth.
She highlighted the importance of shifting business focus from immediate profits to long-term impacts on the environment and society. Muponde added that it is important for businesses to play a crucial role in addressing environmental and societal challenges by integrating sustainability into their core strategies, driving innovative practices, and demonstrating leadership through impactful initiatives that benefit both the environment and the community.
One notable initiative is McDonald’s global effort to source 100% of its coffee and palm oil from verified sustainable sources. This aligns with the company’s strategy to enhance the sustainability of its supply chain.