SBUX Starbucks Corporation

Starbucks to Donate a Coffee Tree to Farmers for Every Cup of Mexico Chiapas Coffee Sold on National Coffee Day in the U.S. and Mexico

Today, Starbucks Coffee Company (NASDAQ: SBUX) announced that customers who purchase a brewed Mexico Chiapas coffee on National Coffee Day, Sept. 29, will be part of their effort to help coffee farmers around the world. A program created this time last year, the One Tree for Every Bag initiative ensures that a coffee tree is planted for every bag of coffee purchased in a participating U.S. store. These coffee trees are distributed to farmers who have been most impacted by coffee rust, a plant fungus that damages coffee trees making it harder for them to produce high-quality coffee for the entire industry. Earlier this summer Starbucks began distributing the first rust-resistant coffee trees in collaboration with one of its suppliers, ECOM and Conservation International. The company has a goal of planting a total of twenty million trees.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160926005297/en/

Starbucks to Donate a Rust-Resistant Coffee Tree to Farmers for Every Cup of Mexico Chiapas Coffee S ...

Starbucks to Donate a Rust-Resistant Coffee Tree to Farmers for Every Cup of Mexico Chiapas Coffee Sold on National Coffee Day, September 29. (Photo: Business Wire)

To date, Starbucks One Tree for Every Bag Commitment has had the following impact:

  • Starbucks has donated enough funds to plant 18 million rust-resistant coffee trees in just one year
  • This summer, the first phase of distribution began when 10 million healthy coffee trees were distributed to farmers in need across El Salvador, Guatemala and Mexico
  • More than 6,200 farming families received new coffee trees helping to rehabilitate more than 2,500 hectares of farmland
  • Nearly 800 jobs were created to support the initial distribution of these coffee trees
  • Each healthy coffee tree will grow enough green coffee to roast and package one pound of finished coffee

“I have seen firsthand the devastation coffee rust has had on farmers. The initial distribution of these coffee trees has already had a positive impact with potential to help farmers and their families for years to come,” said Craig Russell, executive vice president, Starbucks Global Coffee. “We have an ambitious goal of planting 20 million trees and celebrating Chiapas coffee, the birthplace of our ethical sourcing program over a decade ago. This is the perfect way to have our customers and the coffee community become part of the solution on National Coffee Day,” said Russell.

For more information, please visit www.News.Starbucks.com.

EN
26/09/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Starbucks Corporation

Wedbush Research
  • Wedbush Research
DPZ DOMINO'S PIZZA INC.
SHAK SHAKE SHACK INC. CLASS A
DEI DOUGLAS EMMETT INC
HPP HUDSON PACIFIC PROPERTIES INC.
XENE XENON PHARMACEUTICALS INC
WING WINGSTOP INC.
WEN WENDY'S COMPANY
WDC WESTERN DIGITAL CORPORATION
VYGR VOYAGER THERAPEUTICS INC.
TXRH TEXAS ROADHOUSE INC.
TSLA TESLA INC
TRNO TERRENO REALTY CORPORATION
STKS ONE GROUP HOSPITALITY
STAG STAG INDUSTRIAL INC.
SIMON SILICON MOTION TECHNOLOGY CORPORATION SPONSORED ADR
SBUX STARBUCKS CORPORATION
PZZA PAPA JOHN'S INTERNATIONAL INC.
PEGA PEGASYSTEMS INC.
OFC CORPORATE OFFICE PROPERTIES TRUST
MCD MCDONALD'S CORPORATION
JACK JACK IN THE BOX INC.
IMAX IMAX CORPORATION
EGP EASTGROUP PROPERTIES INC.
EAT BRINKER INTERNATIONAL INC.
DIN DINE BRANDS GLOBAL INC.
DENN DENNY'S CORPORATION
CTMX CYTOMX THERAPEUTICS INC.
CHKP CHECK POINT SOFTWARE TECHNOLOGIES LTD.
CAKE CHEESECAKE FACTORY INCORPORATED
BXP BOSTON PROPERTIES INC.
BIIB BIOGEN INC.
ARDX ARDELYX INC
BJRI BJ'S RESTAURANTS INC.
FRX_CN FENNEC PHARMACEUTICALS
CMG CHIPOTLE MEXICAN GRILL INC.
DRI DARDEN RESTAURANTS INC.
WVE WAVE LIFE SCIENCES
PLYM PLYMOUTH INDUSTRIAL REIT INC.
MRSN MERSANA THERAPEUTICS
ISR ISORAY
AMZN AMAZON.COM INC.
AAPL APPLE INC.
RCKT ROCKET PHARMACEUTICALS
MSFT MICROSOFT CORPORATION
IBM INTERNATIONAL BUSINESS MACHINES CORPORATION
APLS APELLIS PHARMACEUTICALS
SRRK SCHOLAR ROCK HOLDING CORPORATION
YMAB Y-MABS THERAPEUTICS
TVTX TRAVERE THERAPEUTICS INC
PLTK PLAYTIKA HOLDING
RBLX ROBLOX
TNGX TANGO THERAPEUTICS
VERA INC
BROS VERA THERAPEUTICS INC
STRW DUTCH BROS INC
CAVA STRAWBERRY FIELDS REIT INC.
JBIO CAVA GROUP INC
JADE BIOSCIENCES
INC.

Moody's Ratings assigns Baa1 ratings to Starbucks' proposed senior uns...

Moody's Ratings (Moody's) today assigned Baa1 ratings to Starbucks Corporation's (Starbucks) proposed senior unsecured notes offering. All other ratings are unchanged, including its Baa1 senior unsecured notes ratings and Prime-2 short-term commercial paper program rating. The outlook remains unchan...

Moody's Ratings changes Starbucks' outlook to negative

Moody's Ratings (Moody's) changed Starbucks Corporation's (Starbucks) outlook to negative from stable and affirmed all ratings for the company, including the Baa1 senior unsecured notes ratings and Prime-2 commercial paper program rating. The change in outlook to negative reflects the company's we...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch