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Corporate Social Responsibility
News
10.10.2005 ET
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CSR News from:
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Introducing Starbucks Cafe Estima Blend(TM) Fair Trade Certified(TM) Coffee
New Fair Trade Certified Blend and Expanded Availability of Fair Trade Certified Offerings Highlight Company's Ongoing Efforts to Support Coffee Farmers
(CSRwire) SEATTLE--(BUSINESS WIRE)--Oct. 10, 2005--To support Fair Trade Month
2005 and raise awareness of its new Fair Trade Certified(TM)coffee,
Starbucks Coffee Company (Nasdaq:SBUX) will feature new Cafe Estima
Blend(TM) as "Coffee of the Week" this week in thousands of
Company-operated stores across the United States and Canada. The offering
will coincide with Fair Trade Month (October 1-31), which is being
organized by TransFair USA in an effort to bring attention to critical
social and economic issues facing coffee farmers.
"Cafe Estima Blend is a complex coffee with a dark roast, so it's
delicious when brewed in an automatic drip coffee maker and when prepared
using an espresso machine," said Dub Hay, Starbucks senior vice president,
Coffee and Global Procurement. "I am proud that this versatile coffee is
available not only in our coffeehouses, but in many other distribution
channels, such as college campuses and grocery stores."
A blend of washed coffees from Latin America and East Africa, Cafe Estima
Blend will be brewed daily as the bold offering in participating Starbucks
Company-operated retail stores from October 10 -- 16. Stores involved in
the "Coffee of the Week" program are requested to brew Cafe Estima Blend
during business hours for seven consecutive days.
This year, Starbucks will purchase 10 million pounds of Fair Trade
Certified coffee, making it North America's largest purchaser of Fair
Trade Certified coffee. Next year, the company plans to purchase 12
million pounds of Fair Trade Certified coffee. Starbucks is the only
company certified to sell Fair Trade Certified coffee in 23 countries.
In addition to offering Cafe Estima Blend in Company-operated and licensed
locations throughout North America, Starbucks offers five different
offerings of Fair Trade Certified coffee to its Foodservice customers,
such as college campuses, restaurants and hotels. Licensed stores on
college and university campuses will offer Cafe Estima Blend and Decaf
Fair Trade Blend on a daily basis beginning this fall. Starbucks also
sells three varieties of Fair Trade Certified coffees through its alliance
with Costco Wholesale and will offer Cafe Estima Blend through grocery and
club stores in North America in early 2006.
Additionally, U.S. Barnes & Noble cafes serving Starbucks coffee will
serve Cafe Estima Blend on a daily basis as one of several featured
coffees. Cafe Estima Blend whole bean coffee is $9.95 U.S./$14.65 CAN per
pound.
"Starbucks and the Fair Trade movement share common goals -- to ensure
coffee farmers receive a fair price for their coffee and that they can
sustain their farms into the future," continues Hay. "Purchasing Fair
Trade Certified coffee is one of several ways we seek to ensure the
economic sustainability of small-scale coffee farmers and ensure the
long-term supply of high quality coffee."
Starbucks has developed an integrated approach to building mutually
beneficial relationships with coffee farmers and their communities,
including paying premium prices to help coffee farmers make profits and
support their families; encouraging participation in C.A.F.E. Practices
(Coffee and Farmer Equity Practices), a set of socially responsible coffee
buying guidelines; providing access to affordable credit to coffee farmers
through various loan funds so that farmers can invest in their farms and
their success into the future; investing in social development projects in
coffee producing countries; purchasing conservation (shade grown) and
certified coffees (Fair Trade Certified and certified organic) to promote
responsible environmental or economic efforts; and collaborating with
farmers through the Farmer Support Center, located in Costa Rica, to
provide technical support and training that promotes high-quality,
sustainable coffee for the future.
"TransFair applauds Starbucks introduction of Cafe Estima Blend and its
decision to expand availability of its Fair Trade Certified coffee
offerings," says Paul Rice, Founder and CEO of TransFair USA. "These
initiatives will expose more consumers to the great taste of Fair Trade
Certified coffee and will also help Fair Trade farmers around the world
maintain a decent standard of living."
"Students across the country work with United Students for Fair Trade in
support of Fair Trade as a powerful economic alternative that is built on
people-to-people relationships," says Haley Mackrow, USFT Northwest
Regional Coordinator. "USFT congratulates Starbucks for joining dozens of
companies in offering a full line of Fair Trade Certified coffees to
college campuses."
Starbucks formed an alliance with TransFair USA in April 2000, and has
since become North America's largest roaster and retailer of Fair Trade
Certified coffee. Today, Fair Trade Certified coffee is sold in all
Starbucks U.S. and Canadian Company-operated stores, some international
markets, and available in grocery outlets and foodservice accounts
(including airline, hotel and college and university locations).
Starbucks is committed to purchasing all of its coffee in an ethical and
sustainable manner. The Company seeks transparency, equity and fairness
with all farmers from whom it purchases coffee. It is Starbucks goal to
help farmers make a profit and sustain their business for the long term.
Beyond purchases of Fair Trade Certified coffee, Starbucks remains
committed to paying equitable prices for all of the coffee it buys. In
2004, Starbucks paid an average price of $1.20 per pound for all of its
green (unroasted) coffee, excluding freight -- a price 74 percent higher
than the average New York "C" commodity market price.
Starbucks Corporation is the leading retailer, roaster and brand of
specialty coffee in the world, with more than 9,500 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. In addition to its retail operations, the Company produces
and sells bottled Frappuccino(R) coffee drinks, Starbucks DoubleShot(TM)
espresso drink, and a line of superpremium ice creams through its joint
venture partnerships. The Company's brand portfolio provides a wide
variety of consumer products. The Tazo Tea line of innovative premium teas
and exceptional Hear Music compact discs enhance the Starbucks Experience
through best-of-class products.
Copyright Business Wire 2005
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