Arcos Dorados Releases 2016 Social and Environmental Impact Results in Latin America and Caribbean
July 24 2017 - 8:01AM
Business Wire
- The 2016 Social and Environmental
Impact Report details achievements across key categories: People,
Community, Supply Chain, Food and Planet.
- Providing employment and training
opportunities for young people is a key focus.
- Arcos Dorados is aligned with UN
Sustainable Development Goals.
Arcos Dorados, the world’s largest McDonald’s franchisee
operating in 20 countries in Latin America and the Caribbean,
announces the publication of its 2016 Social and Environmental
Impact Report, titled “Preparing the Recipe of the Future”, which
outlines significant progress the Company has made against its key
sustainability objectives.
The Company’s plan to create shared value for its business and
society focuses on five main areas: People, Community, Supply
Chain, Food and Planet. In the report, the Company details its
commitment to youth employment, emphasizing its work with labor
ministries, private organizations, and initiatives such as the
Inter-American Development Bank’s New Employment Opportunities for
Youth Program, which seeks to provide young people with their first
formal job opportunity.
“As operators of the largest quick service restaurant chain in
Latin America and the Caribbean, we are taking an industry
leadership role regarding sustainability,” said Sergio Alonso, CEO
of Arcos Dorados. “Sustainability is an important component of our
strategy and identity. I am proud of the progress we have made and
we are guided by clear sustainability goals as we strive to operate
our business in a manner that benefits the environment and the
communities we serve. Our extensive footprint spanning twenty
countries means we are agents of change in Latin America and the
Caribbean, and our actions have widespread benefits.”
- People: Arcos Dorados offered
more than 73,000 young people across Latin America their first job
opportunity in 2016, providing its youngest employees with broadly
applicable technical and leadership training. The Company also
works with labor ministries and private organizations to act as a
catalyst for social mobility for young people who wish to enter the
labor market.More broadly, Arcos Dorados partners with academic
institutions to provide ongoing training for managers. McDonald’s
University in São Paulo offers a Master’s in Strategies for
Sustainable Development in conjunction with the FIA Business School
in São Paulo and the prestigious Getulio Vargas Foundation. With
respect to gender diversity, 53% of the Company’s restaurant
managers and corporate associates are female. Arcos Dorados Mexico
was recently ranked as one of the top companies for gender
equality. The Company is also committed to creating an inclusive
culture for employees with disabilities and in 2016 there were
almost 1,300 people employed with disabilities.
- Community: Among its activities
to support the communities in which it operates, the McHappy Day is
a day on which Arcos Dorados donates 100% of Big Mac sales to
charitable causes in each market, including Ronald McDonald House
Charities, which helped over 122,000 families in 2016. In addition,
as of the end of 2016, Arcos Dorados employed approximately 1,300
people with motor and/or intellectual disabilities in its
restaurants, and in Colombia in particular, 150 young people with
impaired hearing as well as approximately 1,200 vulnerable youths,
including those displaced by violence.
- Supply Chain, Food and Planet:
Many of Arcos Dorados’ products are sustainably sourced. For
example, in Brazil - Arcos Dorados’ largest market - all the coffee
and fish served is certified as sustainably produced. The Company
also utilizes paper packaging that is developed in a sustainable
manner and recyclable where possible. By the year 2020, Arcos
Dorados has committed to sustainably sourcing all of its packaging,
coffee, palm oil and fish. Since 2012, Arcos Dorados has
implemented efficiencies which enable restaurants to reduce energy
consumption by up to 5% each year. Restaurants in the Company’s
seven largest markets are also implementing the Natal program, an
initiative in which the water condensation from air conditioners is
repurposed for other uses in order to reduce the restaurant’s total
water usage. In addition, initiatives to support communities in
which the Company operates include local sourcing, with over 90% of
the restaurant chain’s suppliers comprising local producers. The
Company strives to promote the transparency of its operations, and
in 2016 invited over 3.1 million guests into its kitchens as part
of the ongoing Open Doors program.
Woods Staton, Chairman of Arcos Dorados noted: “As a particular
area of focus, we are dedicated to providing employment
opportunities for young people and ensuring they have access to the
most comprehensive training programs in the region. Our employees
are the face of the Arcos Dorados family and we are proud to work
together to support the communities in which we operate.”
To view the Arcos Dorados 2016 Social and Environmental Impact
Report: Preparing the Recipe of the Future, please visit:
http://www.arcosdorados.com/img/editorial/comunidad/AD_informe_eng.zip
About Arcos Dorados
Arcos Dorados is the world’s largest McDonald’s franchisee in
terms of systemwide sales and number of restaurants, operating the
largest quick service restaurant chain in Latin America and the
Caribbean. It has the exclusive right to own, operate and grant
franchises of McDonald’s restaurants in 20 Latin American and
Caribbean countries and territories, including Argentina, Aruba,
Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French
Guyana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico,
St. Croix, St. Thomas, Trinidad & Tobago, Uruguay and
Venezuela. The Company operates or franchises over 2,100
McDonald’s-branded restaurants with over 90,000 employees and is
recognized as one of the best companies to work for in Latin
America. Arcos Dorados is traded on the New York Stock Exchange
(NYSE:ARCO). To learn more about the Company, please visit the
Investors section of our website: www.arcosdorados.com/ir
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For Arcos Dorados Holdings, Inc.Katja Buhrer, +1
212-661-7004katja.buhrer@mbsvalue.com
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