McDonald's: Some climate goals cannot be met on schedule, will invest $1 billion in supply chain resilience projects
McDonald's announced it will not meet some of its 2030 climate goals but remains committed to its 2050 net-zero vision. The company plans to invest at least $1 billion over the next decade in supply chain resilience, including regenerative agriculture. In a separate development, Blackstone and Alphabet are partnering to invest $5 billion in a US joint venture to provide data center capacity and Google Cloud TPUs for AI computing, aiming for 500MW online by 2027. AI
IMPACT Large-scale AI computing infrastructure investment by Blackstone and Google signals growing demand and traditional finance's role in powering AI.