Starbucks promises sustainability by reducing waste and conserving water
The company plans to reduce carbon emissions, conserve water and reduce waste sent to landfills -- all by 50%
Starbucks is going green.
The coffee chain announced Tuesday that it is committing to becoming more eco-friendly in all aspects of the company, including agricultural practices, manufacturing, delivery and in-store operations.
In an open letter to customers, stakeholders and partners, CEO Kevin Johnson said the company plans to take five steps to become more environmentally friendly.
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Those steps include: expanding plant-based options on the menu, using reusable packaging instead of single-use, investing in “regenerative agricultural practices,” investing in improved waste management, and developing “more eco-friendly stores, operations, manufacturing and delivery,” Johnson wrote.
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Johnson also announced the company’s three goals for 2030.
The company plans to reduce its carbon emissions for direct operations and supply chain by 50 percent.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| SBUX | STARBUCKS CORP. | 100.06 | +1.80 | +1.83% |
Starbucks also plans to conserve or replenish 50 percent of the water it uses and reduce its waste that is sent to landfills by 50 percent.
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According to Johnson’s letter, the company will formalize those goals in 2021, Starbucks’ 50th anniversary.
“The journey we undertake is not only the right one for Starbucks responsibility as a corporate citizen of the world but is also fundamental to our brand relevance and, therefore, our overall business results,” Johnson wrote.
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