The fast food giant also aims to recycle guest packaging in all its restaurants by then, compared with only 10 percent of its restaurants now.
Currently, 50 percent of McDonald's customer packaging comes from renewable, recycled or certified sources, while 64 percent of fiber-based packaging comes from certified or recycled sources.
Last week, McDonald's said it would eliminate foam packaging from its global supply chain by the end of this year.
About 80 percent of McDonald's packaging is fiber-based, DeBiase said. Right now, about half of McDonald's packaging is recycled, and only 10 percent of its 37,000 stores worldwide have onsite recycling bins for customers.More news: First Minister Sturgeon: Brexit deal will decide second referendum on Scottish independence
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To make customers feel better about eating the food, McDonald's has come up with a plan to make its bags, cups, and wrappers better for the environment.
"We look forward to doing more and continuing to raise the bar on what it means to be a responsible company committed to people and the planet", DeBiase said.
McDonald's partnered with Environmental Defense Fund in 1990 in its first sustainable packaging drive, which reduced packaging wastage by over 300 million lbs, and the brand claims in the next decade packaging wastage was reduced by around 30%. McDonald's will lean toward products with Forest Stewardship Council certification as well.
A McDonald's spokesperson told the Sun Online: "We take our responsibility extremely seriously and in the United Kingdom we are committed to reducing our environmental impact and continue to challenge ourselves and our supplier partners to help evolve our thinking".
DeBiase noted that recycling infrastructure and consumer behaviors varied from city to city and country to country, adding that the firm would work with industry experts, local governments and environmental groups to improve packaging designs, create new recycling programs and educate its employees.