Press Releases Sustainability
Starbucks today announced its commitment to strengthen its efforts to create pathways out of poverty for the coffee farming communities in China.
In response to critically low coffee prices in Central America, Starbucks announced today a commitment of up to $20 million to temporarily relieve impacted smallholder farmers with whom Starbucks does business, until the coffee market self-corrects and rises above the cost of production.
Starbucks announced the “Starbucks Greener Stores” framework and a commitment to design, build and operate 10,000 “Greener Stores” globally by 2025.
The campaign invites partners (employees) and customers alike to celebrate the company’s achievement in sourcing 99 percent of its coffee ethically, ensuring fair wages for farmers, environmentally friendly farming techniques and the highest quality beans.
The NextGen Cup Consortium and Challenge, convened by Closed Loop Partners, announces that McDonald’s joins Starbucks as a founding member of the group joining together to develop a global recyclable and/or compostable cup solution.
Starbucks today announced it will form a global coffee alliance with Nestlé S.A. to accelerate and grow the global reach of Starbucks brands in Consumer Packaged Goods (CPG) and Foodservice.
Starbucks reiterates 12 percent or greater non-GAAP EPS growth target and commitment to return $15 billion to shareholders through the next three years and details three innovation growth drivers in Digital, China and Starbucks Reserve.
With major gifts from The Starbucks Foundation, Schultz Family Foundation and Microsoft, more than 50 local businesses and organizations respond to the crisis of children living outside and call for urgent action to expand capacity and resources.