The latest saga surrounding corporate wokeness involved a billionaire investor taking on McDonald’s treatment of pregnant pigs — a battle from which McDonald’s emerged decisively victorious on Thursday.
Legendary financier Carl Icahn sent an activist letter to McDonald’s last month blaming the fast food giant for “hypocrisy” in using gestation crates to hold pregnant pigs. He contended that McDonald’s board of directors is “failing shareholders and stakeholders by presiding over animal welfare violations, supply chain lapses and what I perceive to be a hollow environmental, social and governance (‘ESG’) agenda.”
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