24 Jul Sustainability Bond: Starbucks
As part of Starbucks’ comprehensive approach to its supply chain, in May 2016 the company issued the first Corporate Sustainability Bond to source its coffee ethically. Coffee is at the core of Starbucks’ business and sustainable sourcing is an integral part of the company’s strategy. The bond aims to positively impact both the environment and society by supporting coffee farming communities, mitigating the impact of climate change and supporting long-term crop stability along with farm sustainability. To monitor its activities, Starbucks operates a network of eight farmer support centres worldwide.
99% of Starbucks coffee purchases are sustainably sourced
8 farmer support centres built worldwide