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Corporate Social Responsibility
News
1.22.2004 ET
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CSR News from:
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Starbucks Receives Colombian Order of the Grand Cross Medal for its Support of Coffee Farmers and Country's Economy
Recognition Marks the First Time the Medal was Awarded to a Coffee Company and a U.S. Company
(CSRwire) SEATTLE, WA - Starbucks Coffee Company (Nasdaq: SBUX) is pleased to
announce that it was recently awarded the Colombian Order of the Grand
Cross Medal for its role in supporting the local economy and involvement
in social projects in the country. Presented by the Secretary of
Agriculture of the State of Nariño, the award is the highest honor given
by the Colombian government. This marks the first time the medal has been
presented to a coffee company and a U.S. company.
"Being recognized by the leadership in a coffee producing country is truly
an honor for Starbucks," said Dub Hay, senior vice president of Coffee for
Starbucks Coffee Company. "The medal validates that our coffee sourcing
strategies and presence in origin countries continues to contribute to the
sustainability of coffee growers and their families."
For more than two decades, Starbucks has contributed to the economy of the
State of Nariño in Colombia through its purchases of high quality coffee
at premium prices. In addition, Starbucks invested in a housing
renovation project that benefited approximately 500 families last year.
As an acknowledged leader in the specialty coffee industry, Starbucks
wishes to be known not only for its high quality coffee and commercial
success, but for its commitment to origin country farmers and their
families. Starbucks business practices are based on the company's
longstanding guiding principles and underscore the importance of applying
the highest standards to coffee purchasing, treating people with respect
and dignity, and contributing positively to our communities and
environment. For many years, Starbucks has collaborated with a number of
farms on social projects that help improve the quality of life for farm
workers, their families and local community members.
Starbucks Coffee Company is the leading retailer, roaster and brand of
specialty coffee in the world, with more than 7,500 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.
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