Arcos Dorados Releases 2016 Social and Environmental Impact Results in Latin America and Caribbean
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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.
MONTEVIDEO, Uruguay–(BUSINESS WIRE)–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.”
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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 SĂŁo 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.
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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
Contacts
For Arcos Dorados Holdings, Inc.
Katja Buhrer, +1 212-661-7004
[email protected]