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Starbucks (NASDAQ:SBUX) publishes 2007 Corporate Social Responsibility Report

Starbucks (NASDAQ:SBUX) publishes 2007 Corporate Social Responsibility Report

Published 05-20-08

Issued by Starbucks Corporation

Summary

The report details Starbucks long-standing commitment to CSR, includes goals for the future and tracks progress in several areas

Report Highlights

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Starbucks has just published its seventh annual Corporate Social Responsibility (CSR) report online at www.starbucks.com/csr

The report details Starbucks long-standing commitment to CSR, includes goals for the future and tracks progress in several areas including:

Sustainable coffee: Purchasing 65 percent of its coffee in fiscal 2007 through Coffee and Farmer Equity (C.A.F.E.) Practices, Starbucks program for sustainable coffee, with a goal of purchasing 80 percent of coffee from C.A.F.E. Practices-approved suppliers by fiscal 2013.

Fair Trade CertifiedTM coffee: Continuing to be the largest purchaser, roaster and distributor of Fair Trade CertifiedTM coffee in North America and amongst the largest worldwide, purchasing 20 million pounds (9 million kilograms) in fiscal 2007.

Environmental responsibility: Outlining a bold global environmental strategy that will help achieve a meaningful reduction in the company’s environmental footprint through renewable energy purchases, green building and less waste.

Community investments:  Starbucks contributions to local communities in the U.S. and around the world, through in-kind and cash donations, including partner volunteerism and company-matched gifts, were valued at $18 million in fiscal 2007.

The report also includes candid feedback from 14 experts about Starbucks CSR efforts through a special “Stakeholder Voices” feature. Their unedited comments identify the areas where they think Starbucks is doing well, and where there are opportunities to improve.

Starbucks report is once again externally verified and includes a listing of GRI G3 indicators and Starbucks UN Global Compact “Communications on Progress.”

Visit www.starbucks.com/csr to view the report.

Readers of the report are invited to share their ideas for Starbucks CSR at the company’s new online community: www.mystarbucksidea.com

About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest quality arabica coffee in the world. Today, with over 16,000 stores in 44 countries, the company is the premier roaster and retailer of specialty coffee in the world.

Starbucks Corporation

Starbucks Corporation

It's the way we do business Contributing positively to our communities and environment is so important to Starbucks that it's a guiding principle of our mission statement. We jointly fulfill this commitment with partners (employees), at all levels of the company, by getting involved together to help build stronger communities and conserve natural resources.

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