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Corporate Social Responsibility
News
9.17.2004 ET
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Starbucks Recognized as a Member of the Dow Jones Sustainability World Index for Fifth Time
(CSRwire) SEATTLE -- Starbucks Coffee Company (Nasdaq: SBUX) is pleased to
announce that it has been selected as a member of the Dow Jones
Sustainability World Index (DJSI) after meeting specific criteria in
economic, environmental and social dimensions. This marks the fifth time
Starbucks has been named to the index series.
"Being recognized by the socially responsible financial community is a
compliment to Starbucks commitment to incorporate corporate social
responsibility into all facets of our business," said Sandra Taylor,
senior vice president, Corporate Social Responsibility. "As we continue to
grow to meet our consumers' needs through retail stores and product
innovation, we remain true to our mission and guiding principles."
More than 2,500 companies from 30 countries were invited to participate in
the annual assessment and approximately 300 companies were ultimately
included. Starbucks total score for the 2004 DJSI review was the best
score in the restaurants and lodging industry group.
Launched in 1999, the DJSI tracks the financial performance of leading
sustainability-driven companies worldwide. Based on the cooperation of Dow
Jones Indexes, STOXX Limited and SAM Group, the index provides asset
managers with reliable and objective benchmarks to manage sustainability
portfolios. By bringing together the expertise of two leading index
providers and the world-renowned pioneer in sustainability investing, the
DJSI family rests on a strong foundation to meet the growing market demand
for professional, objective and reliable sustainability benchmarks.
Additional information about the DJSI can be found online at www.sustainability-indexes.com.
Starbucks Corporation is the leading retailer, roaster and brand of
specialty coffee in the world, with more than 8,000 retail locations in
North America, Latin America, Europe, the Middle East and the Pacific Rim.
The Company is committed to offering the highest quality coffee and the
Starbucks Experience while conducting its business in ways that produce
social, environmental and economic benefits for communities in which it
does business.
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