Submitted by Keurig Green Mountain, Inc.
WATERBURY, Vt.--(BUSINESS WIRE)--Oct. 3, 2006--Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) today released its first corporate social responsibility report, "From Understanding to Action," outlining the Company's economic, environmental and social performance for Fiscal Year 2005.
Green Mountain Coffee Roasters has long been recognized as an innovative, high-growth, socially responsible company, but this is the first time it has issued a formal CSR report. Earlier this year, the Company was ranked No. 1 on the Business Ethics list of "100 Best Corporate Citizens."
"Producing our first external corporate social responsibility report helped us understand ourselves better and inspired us to undertake new challenges," said Robert Stiller, President and CEO of Green Mountain Coffee Roasters, Inc.
In the report, the Company unveils its goal of achieving 35% Fair Trade Certified(TM) coffee sales, as a percentage of total coffee pounds shipped, by Fiscal Year 2008. Green Mountain Coffee Roasters offers one of the broadest selections of double-certified, Fair Trade organic coffees in the country.
The report also announces the Company offset 100% of its direct greenhouse gas emissions by purchasing carbon offsets. Other highlights of Fiscal Year 2005 included a record year of employee volunteerism and the establishment of a Livable Wage for 100% of the Company's full-time employees.
The report was prepared in accordance with the 2002 Global Reporting Initiative Guidelines. As the first U.S. coffee company to join the UN Global Compact, Green Mountain Coffee Roasters has aligned its work with the UN Millennium Development Goals, specifically focusing on eradicating extreme poverty and ensuring environmental sustainability.
The CSR Report is available on the Company's website at www.GreenMountainCoffee.com/CSR. Hard copies of the report will be available in mid-October and can be obtained by submitting a request through the Company's website.
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is recognized as a leader in the specialty coffee industry for its award-winning coffees and successful business practices. The Company sells over 100 high quality selections, including Fair Trade Certified(TM) and organic coffees under the Green Mountain Coffee Roasters(R) and Newman's Own(R) Organics brands. While the majority of the Company's revenue is derived from its wholesale, direct mail, and e-commerce operations (www.GreenMountainCoffee.com), it also owns Keurig, Incorporated, a pioneer and leading manufacturer of gourmet single-cup brewing systems. Green Mountain Coffee Roasters has been recognized repeatedly by Forbes, Fortune Small Business, and the Society of Human Resource Management as a high-growth, socially responsible company.
Copyright Business Wire 2006
Integration. Commitment. Accountability.Welcome to the Keurig Green Mountain, Inc. (Keurig) fiscal 2014 sustainability report. At Keurig, we have blended the disruptive innovation of a leading-edge technology company with the consumer focus of a socially conscious, premium beverage company. We’re proud of our integrity, innovation, and growth over more than three decades. We aim to â€œbrew a better world,â€ using the power of business to make the world a better place. This report highlights our most recent sustainability initiatives, including our work toward our 2020 sustainability targets. Our work focuses on three key areas: creating a Resilient Supply Chain, innovation of Sustainable Products, and support for Thriving People and Communities. We’ve created a fourth section of the report this year that addresses Water Stewardship, a cross-cutting topic that spans all of our focus areas. With this report, we are announcing a new target to balance the water used in our 2020 brewed beverage volume of all our beverages, ounce for ounce. In other words, for every cup our consumers brew, we will restore the same amount of water for natural and community uses through projects in North America.
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