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Starbucks pays above Fair Trade prices, announces sustainability goals
BirdBarista
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10-28-2008 12:38 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6b64fbfe-9d36-46d2-9de5-117630c9318b/A61EA7E7-5D90-4465-9925-AA7D814EFC26/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.tradingmarkets.com/.site/news/Stock%20News/1975433/" href="http://www.tradingmarkets.com/.site/news/Stock%20News/1975433/" style="font-size: 11px;">www.tradingmarkets.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.tradingmarkets.com/.site/news/Stock%20News/1975433/"><DIV> </DIV> <P></P><P>Starbucks Coffee Co. (SBUX) continues to pay growers premiums for specialty or high-end beans that are unrelated to world price fluctuations in New York</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.tradingmarkets.com/.site/news/Stock%20News/1975433/">Last year, Starbucks paid an average of $1.42 per pound for green coffee from all origins under its Coffee and Farmer Equity practices,</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.tradingmarkets.com/.site/news/Stock%20News/1975433/"><P>Starbucks Monday announced 13 "measurable goals" it intends to achieve by 2015 as part of the so-called Starbucks Shared Planet program. </P><P>Under the plan, all its coffee will be "responsibly grown and ethically traded," Starbucks said, and all its cups will be reusable or recyclable. </P><P>The roasting giant plans to reduce its environmental footprint or impact through energy and water conservation, <A class="iAs" classname="iAs" href="#" target="_blank" itxtdid="6964493">recycling</A> and green-building construction.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.tradingmarkets.com/.site/news/Stock%20News/1975433/">Starbucks will also double its Fair Trade Certified coffee purchases to 40 million pounds in 2009, making it the largest buyer of such beans in the world, the company said early Tuesday.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A61EA7E7-5D90-4465-9925-AA7D814EFC26/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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