starbucks sustainability report 2019

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FY20 Third Party Independent Verification and Assurance Reports can be found here. This report will discuss domestic and international issues related . The report also details the effects of that mission which has been transformative for more than 4,500 small-holder farmers and their families in the Democratic Republic of the Congo. Partnered long-term with Nestlé USA to manufacture Starbucks branded K-Cup® pods in the . Purpose, a report issued in 2019 by the Global Enabling Sustainability Initiative (GeSI). Starbucks annual revenue for 2018 was $24.72B, a 10.42% increase from 2017. Oatly key impact 2019. Our diversified revenue streams have helped us achieve tremendous growth this year. Our continued efforts in environmental sustainability resulted in a major milestone: by end of year 2019 we had invested over $11 billion in renewable energy projects enabling the development of more than 10 gigawatts of solar installations. I would like to thank our employees, customers, suppliers, and partners for their dedication and support in delivering the results in this report. Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest-quality arabica coffee in the world. As a result, in early 2021, the first garments - regenerated from 100% post-consumer textile waste - were launched in Weekday's online store. 2019 ANNUAL REPORT capable of battling through numerous shifts in consumer behavior and the relentless pressure of a highly competitive marketplace. By the end of 2019, 69 percent of Levi's® bottoms products were made with Water<Less® techniques, and we expect that number to keep climbing. INTEGRATED ANNUAL REPORT 2019-20 . As a result, there's more authenticity to . 10,000+ Employees. This page shows data from our 2019 Report. Visit website. Sustainability. In 2019 we implemented new ways to track reusable cup usage, and we tracked a 2.8% reusability rate in company-operated stores in the U.S., Canada, Japan, and EMEA. On average, Starbucks has opened two new stores every day since 1987. Proceeds from the bond will go to projects designed to assist coffee farmers and build a more robust and sustainable supply chain, as well as to the company's "Greener Retail" initiative.. Our industry has an important role to play in the future of energy, and Schlumberger is evolving for that exciting future. Learn about the latest innovations and imagine new ways to create solutions at Build 2019. I am proud of the achievements we have made in 2019 to advance sustainability. ANNUAL REPORT PURSUANT TO SECTION 17 OF THE SECURITIES REGULATION CODE AND THE REVISED CORPORATION CODE OF THE PHILIPPINES 1. Also if you would like to order a printed report please send an email to sustainabilitymanagement@rbinternational.com. Starbucks four goals and key performance indicators, adapted from Starbucks (2016a) In analysing Starbucks' boundaries, their responsibility report explicitly stated that its measurements are largel ased o Star u ks' US a d Ca ada retail stores, the global supply chain, and coffee purchases (Starbucks, 2016a). NYU Stern Center for Sustainable Business / 2019-2020 Annual Report 5 Undergraduate students in Costa Rica where they worked with small businesses on their sustainability programs IN THE FIELD CSB is committed to giving Stern students exposure to experiential learning projects. It is the largest Sustainability Bond the Company has issued to date and follows two previously issued Sustainability Bonds in 2016 and 2017 . Starbucks did not immediately respond to a Reuters request for comment. The $1 billion sustainability bond is the largest ever in the global coffee sector. BIR Tax Identification No. 2019 Starbucks Global Social Impact Scorecard | 1 LEADING IN SUSTAINABILITY COFFEE & TEA GREENER CUPS & PACKAGING FOR US, THE PURSUIT OF PROFIT IS CONSISTENT WITH THE PURSUIT OF DOING GOOD Here's a snapshot of our social impact goals and progress for 2019. Sustainability Performance Report 2020. . Sustainability Report 2019 (pdf, 27.17 MB) 2018. Bob Gamgort Executive Chairman of the Board, President and Chief Executive Officer DEAR . Starbucks Coffee_ Starbucks Coffee business disposed of in October 2018, as part of a brand portfolio rationalisation. Starbucks sets new sustainability goals for the decade It wants to halve waste, water use, and greenhouse gas emissions by 2030 By Justine Calma @justcalma Jan 21, 2020, 4:13pm EST Starbucks. Sustainability Performance Metrics The information within this pdf is accurate as of June 29, 2021. . Starbucks committed to annual reporting to track against our defined use of proceeds, and this report covers disbursements for Eligible Sustainability Projects from the bond settlement date of March 17, 2017 to March 18, 2018. This press release features multimedia. We invite you to send us your questions and suggestions. Starbucks Reports Q4 and Full Year Fiscal 2019 Results. Global Social Impact Report (the Report) for the fiscal year ended September 29, 2019. +0.37 (+0.33%) DATA AS OF May 28, 2021. Starbucks has donated more than 31 million coffee trees over the past three years (9.4 million in 2018) to farmers in Mexico, Guatemala and El Salvador. 2020 Starbucks Coffee Company. Starbucks assumes no obligation to update any of these forward-looking statements or information. All photos courtesy of Starbucks. And we believe in the importance of caring for our planet and working with and encouraging others to do the same. Purpose, a report issued in 2019 by the Global Enabling Sustainability Initiative (GeSI). Q4 Comparable Store Sales Up 5% Globally, Led by 6% Comp Growth in the U.S. and 5% Comp Growth in China Global Net Store Growth of 7% Versus Prior Year, Led by 17% Net Store Growth in China GAAP EPS of $0.67; Non-GAAP EPS of $0.70, Up 13% Year-Over-Year Active Starbucks® Rewards . Find more about our financial health with our Annual Report 2019. 11/19/19. We expect to receive our 2021 score by the end of the calendar year. Sustainability Report Highlights On the cover Editor's Note: This publication was issued in January 2021, using the latest set of full-year performance data (2019). In response to the COVID-19 pandemic, ExxonMobil temporarily reconfigured manufacturing Read our 2020 and 2021 responses below. AMAZON SUSTAINABILITY INTRODUCTION 3 WHILE THIS REPORT reflects our work throughout 2019, the world has clearly undergone a massive shift in 2020 with the emergence of COVID-19. Starbucks Coffee Company's management is responsible for the Data. Please see our filings with the SEC including our last annual report on Form 10-K for the fiscal year ended September 27, 2020 and our quarterly reports for a discussion of specific risks that may affect our performance and financial condition. SEATTLE-- (BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today announced that it has completed issuance of a $1 billion Sustainability Bond. Delivering our most sustainable portfolio. It allows customers to compare products and/or processes in a secure environment while utilizing the power of our system. For the fiscal year ended December 31, 2019 Date of Report (Date of earliest event reported) 2. In this Annual Report on Form 10-K ("10-K" or "Report") for the fiscal year ended September 27, 2020 ("fiscal 2020"), Starbucks Corporation (together with its subsidiaries) is referred to as "Starbucks," the "Company," "we," "us" or "our." Segment Financial Information In 2019 we implemented new ways to track reusable cup usage, and we tracked a 2.8% reusability rate in company-operated stores in the U.S., Canada, Japan, and EMEA. DOZN™ 2.0 brings new possibilities of sustainable product design to our customers to make more environmentally friendly choices in their development . 3 Reflects the inclusion of data that became available subsequent to the publication of our Annual Report in March 2021 . Starbucks Corporation, an American company founded in 1971 in Seattle, WA, is a premier roaster, marketer and retailer of specialty coffee around world. HP is a 2021 ENERGY STAR Partner of the Year, with 664 ENERGY STAR. In this Annual Report on Form 10-K ("10-K" or "Report") for the fiscal year ended September 29, 2019 ("fiscal 2019"), Starbucks Corporation (together with its subsidiaries) is referred to as "Starbucks," the "Company," "we," "us" or "our." The coffee shop giant currently operates with a total of 31,256 locations across the world. Starbucks' report shows the company is turning ideas into actions that have positive ramifications on the world. low-carbon economy. (5) Starbucks has a long-standing commitment to sustainability, and as part of our ongoing aspiration to reduce waste and become a resource positive company, we are continuously looking for ways to better manage our waste in stores and in communities; and developing more eco-friendly operations, from stores to supply chain. Starbucks Corporation 2021 Climate Change, Water Security and Forests CDP Questionnaire Responses (Reporting on FY20) 5 targets for addressing climate-related issues Starbucks business strategy is an integral aspect of the board's oversight of Starbucks risk management practice. corporate responsibility and sustainability. 3 based on their previous search data. In response to the COVID-19 pandemic, ExxonMobil temporarily reconfigured manufacturing The nature of the Starbuck's sustainability report will focus on the constructive and progressive strategies in order to promote works like recycling, waste reduction and the company's responsibility . Starbucks has about 182,000 employees across 19,767 company operated & licensed stores in 62 countries. After a successful test, H&M Group invested in the Infinited Fiber Company in 2019. As detailed in CDP's Global Supply Chain Report 2019, suppliers reported a total of 633 MtCO2e in annual emission reductions last year - an amount greater than the emissions of South Korea. 2019 Sep 30. Our JV Tata Starbucks owns and operates cafés in India. For the most up-to-date goals and progress, see our 2020 Global Environmental & Social Impact Report. As a company that relies on an agricultural product, it makes good business sense. ( 51% men/ 49% woman) Launched new HR Sustainable Growth Strategy which focuses on three fundamental areas - health, working conditions and sustainability engagement. Verizon's Chief Sustainability Officer currently serves as GeSI's chair and is engaged with this global organization of information and communications technology companies focused on integrating social and environmental sustainability into our sector. Expanding on our history in sustainability and progress in building a more sustainable future for coffee, we announced in January of 2020 a multi-decade aspiration to be a resource-positive company, giving more than it takes from the planet.The announcement included science-based preliminary target reductions of carbon, water and waste by 2030. . We also have a JV with PepsiCo in India, NourishCo*, which markets non-carbonated ready-to-drink beverages that focus on health and enhanced wellness. Supporting documents and data tables for the 2020 Report, including the Impact Summary Scorecard, Planet Positive Performance and Sustainability Accounting Standards Board Reporting, can be found here. In this Annua l Report on Form 10-K ("10-K" or "Report") for the fiscal year ended September 30, 2018 ("fiscal 2018"), Starbucks Corporation (together with its subsidiaries) is referred to as "Starbucks," the "Company," "we," "us" or "our." Segment Financial Information Americas £585m, -7% at CER Number of stores 91 EMEIA £960m, +1% at CER Number of stores 131 Asia Pacific £1,041m, -6% at CER Number of stores 199 REVENUE BY REGION1,2,3 REVENUE BY CHANNEL Retail/wholesale revenue by product division Period ending £m 28 March 2020 30 March please refer to sections 13.1.2 and 13.3.8, Sustainability Statements' - Stakeholders and Stakeholder engagement respectively, of our Annual Report 2019. Our thinking decodes complexity, grounds conversations in critical trends, and advances ERM's commitment to shaping a sustainable future. In 2020, we earned a B (management level) score on the CDP Climate Change Disclosure Ranking for sustainability and emissions management efforts. The all-digital and interactive 2019 Sustainability Report is accompanied by a summary, highlighting progress against goals, and other downloadable resources. SHOP. Non-GAAP G&A as a percentage of total net revenues for the third quarter of fiscal 2021 was 6.5%. HP Personal Systems has shipped more than 160 different products. Starbucks has issued a $1 billion sustainability bond, the company's largest to date. ROBERT GAMGORT 06 Restaurant Brands New Zealand Limited Annual Report 2019 07 Restaurant Brands has delivered a As of spring 2017, only 1.4% of Starbucks' beverages were sold in reusable . Verizon's Chief Sustainability Officer currently serves as GeSI's chair and is engaged with this global organization of information and communications technology companies focused on integrating social and environmental sustainability into our sector. SHOP. 10 gigawatts of solar installations is a . promote sustainable agriculture. 5 As of 2019, Top 26 Beverage markets represented 79% of our global beverages volume and Top 23 Foods markets . For People And The Planet. Colgate-Palmolive Sustainability KPIs 2019 Colgate OSH Assurance Statement Reporting 2019 Colgate EOHS Gap Assessment Report and Equivalency Statement Year 2019 Starbucks 19 th annual Global Social Impact Report serves as transparent acknowledgement of the company's social impact efforts in fiscal year 2019, and focuses on three areas: leading in sustainability, creating meaningful opportunities, and strengthening our communities. Detailed information about the company's current policies and performance related to specific key issues can be found in a dedicated ESG topics section of the company's website. The social responsibility has been rooted in the corporate culture of Lavazza since the brand was founded in 1895. Today's ever-changing business context demands challenging the status quo, thinking differently and improving sustainability approaches. Question: Use Starbucks Corporation's Financial Statement Information To Answer The Following Questions.a. that include ocean-bound plastic since 2019. We are investing in sustainability, issuing our third sustainability bond in May 2019 for investors to participate in socially and environmentally focused projects and leveraging new technology to bring real-time digital traceability to our coffee supply chain. GREENER CUPS AND PACKAGING The third objective in Talenom's environmental programme is the management of business travel. 6 • KEURIG DR PEPPER 2019 ANNUAL REPORT KEURIG DR PEPPER 2019 ANNUAL REPORT • 7. Starbucks was the largest coffee shop chain in the US with 15,149 stores as of September 2019. Delivering our most sustainable portfolio. In 2019, we introduced a new customer-facing version of DOZN™ 2.0. By engaging directly with companies on real-life sustainability Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. 4 ANNUAL REPORT 2019/20 AT A GLANCE. Top photo: At the Starbucks store at 81st and Broadway in New York City, and at every store around the world, cutting-edge innovation powers a deceptively simple everyday scene. The next report will include YE2020 data. CDP is the global disclosure platform for environmental impact that we report to annually. This meant that customers received a discount for bringing their own cup or used a ceramic mug offered in store, saving more than 105 million disposable cups. We are, first and foremost, focused on the safety of our employees and contractors around the world. To prevent human rights abuses in the extractives sector further down our supply chains, we collaborated CEO, chair or equivalent senior position) about the relevance of sustainability to the In May, Starbucks completed the issuance of a $1 billion sustainability bond, which will support Starbucks ethical coffee sourcing, Greener Retail initiatives, and the Starbucks Global Farmer Fund. Starbucks had once set a goal for itself (which it has since abandoned) to serve 25% of its beverages in reusable cups. Its top competitor, Dunkin, has 10,132 stores in the US as of April 2020. 2019-Starbucks-Global-Social-Impact-Report.pdf (English) Format Part of a sustainability or corporate (social) responsibility report Differentiation Level This COP qualifies for the Global Compact Active level Self-assessment Includes a CEO statement of continued support for the UN Global Compact and its ten principles 4 Sustainability Progress Report Sustainability Progress Report5 2. DOZN™ 2.0 brings new possibilities of sustainable product design to our customers to make more environmentally friendly choices in their development . Additional reporting by Deborah Bach. Starbucks Global Responsibility Report - Goals and Progress 2012 1 2012 Information Reported Location within Starbucks Fiscal 2011 Report or Starbucks.com Strategy and Analysis (1) 1.1 Statement from the senior decision-maker of the organization (e.g. that include ocean-bound plastic since 2019. Investments bring benefits to environment and communities. The purpose of this paper is to research the Starbucks Company's Sustainability Report, examine and analyze the facts and figures of the report for enhancing a good business strategy. These climate-resilient trees replace ones that are declining in productivity due to age and disease, such as coffee leaf rust. Based in Seattle, Washington. Non-GAAP G&A as a percentage of total net revenues for fiscal years 2020 and 2019 was 7.1% and 6.5%, respectively. Please see our filings with the SEC including our last annual report on Form 10-K for the fiscal year ended September 27, 2020 and our quarterly reports for a discussion of specific risks that may affect our performance and financial condition. . SEC Identification Number 31171 3. Their product mix includes roasted and handcrafted high- Social media is a valuable tool for Starbucks Corporation because it drives the sustainability of the company's brand (Franklin, 2018). LEARN. This meant that customers received a discount for bringing their own cup or used a ceramic mug offered in store, saving more than 105 million disposable cups. FY19 PROGRESS GOAL Levi Strauss & Co. Sustainability Review First introduced in 2011, our Water<less® finishing techniques have helped us save more than 3.5 billion liters of water in the finishing process. Through our products and solutions, we are driving towards a circular and. Starbucks assumes no obligation to update any of these forward-looking statements or information. It allows customers to compare products and/or processes in a secure environment while utilizing the power of our system. MILAN - Lavazza has released its global 2019 Sustainability Report "A Goal in Every Cup" outlining key achievements, goals and results. Refer to the Starbucks Investor Relations website for additional information regarding historical non-GAAP information. Sustainability Report 2018 (pdf, 20.38 MB) Value Added Report 2018 (pdf, 4.94 MB) 2017. HP is a 2021 ENERGY STAR Partner of the Year, with 664 ENERGY STAR. Starbucks Reports Q3 Fiscal 2019 Results. In 2019, we increased our staff by 74%. 2019. Assertion Report") that the net proceeds of $987 million from the issuance of the May 2019 sustainability bond (the "Sustainability Bond") were disbursed by Starbucks Corporation during the period from May 13, 2017 to May 13, 2020 for Eligible Sustainability Projects in accordance with the Goal: Provide 100 million trees to farmers by 2025. Sustainability Report Highlights On the cover Editor's Note: This publication was issued in January 2021, using the latest set of full-year performance data (2019). We share our customers' commitment to the environment. Starbucks revenue for the twelve months ending March 31, 2021 was $23.843B, a 10.58% decline year-over-year. The coffee sector is valued at $200-250 billion a year at the retail level, according to the report, but producing countries . This led to a collective cost saving of US$19.3 billion.Meanwhile, with major purchasers now deselecting suppliers based on environmental performance, taking action is no longer an option. And as people living in the world, it is simply the right thing to do. Starbucks defines creativity in the organization by applying the three components of expertise, motivation, and a new way of thinking (Starbucks, 2019). LEARN. At Starbucks we stand for being people positive, planet positive and profit positive, living our Mission and Values while working together as partners to build a different kind of company. Financial Summary Outstanding Results1 SALES 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 ROE . Our responsibility is to express an opinion on the Data listed below based on our examination: 99% ethically sourced coffee purchases as contained in the Leading in Sustainability section on Through our products and solutions, we are driving towards a circular and. low-carbon economy. This led to a collective cost saving of US$19.3 billion.Meanwhile, with major purchasers now deselecting suppliers based on environmental performance, taking action is no longer an option. HP Personal Systems has shipped more than 160 different products. The next report will include YE2020 data. Informed by an environmental baseline report it . In 2019, we introduced a new customer-facing version of DOZN™ 2.0. 000-168-801 4. As detailed in CDP's Global Supply Chain Report 2019, suppliers reported a total of 633 MtCO2e in annual emission reductions last year - an amount greater than the emissions of South Korea. End hunger, achieve food security and improved nutrition and. 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