Join Green America in telling Starbucks to create a sustainability committee
As concerned citizens and consumers, we value the way that companies interact with the planet, people and natural resources. In particular, we are concerned about corporate environmental sustainability initiatives.
We think that it is important for companies to actively evaluate their sustainability efforts, ensuring that they implement policies to decrease waste, protect natural resources and respect surrounding communities. We are addressing this letter to Starbucks requesting the formation of a board committee on sustainability to help guide the company towards more environmentally conscious business decisions.
Ms. JoAnn DeGrande
Director, Investor Relations
Starbucks Coffee Company
2401 Utah Ave S
M/S S-SR1
Seattle, WA 98134-1436
Dear Ms. DeGrande,
As concerned citizens, consumers and investors, we value the way that companies interact with the planet, people and natural resources. In particular, we are concerned about Starbucks’ corporate environmental sustainability initiatives.
Starbucks uses over four billion cups for coffee beverages each year, and we think it is very important for your company to consider the environmental implications of beverage container waste and use of other resources. To better evaluate Starbucks' business practices in an environmentally conscious and sustainable manner, we recommend the creation of a board committee on sustainability as an initial step to focus corporate management on this issue. Such a committee would engage in an ongoing, in-depth review of corporate policies that impact our environment and natural resources, such as waste creation and disposal, limitations on natural resources, energy use and climate change. The committee would also set goals for improving the company’s practices.
We strongly urge you to consider this request and develop a board committee on sustainability. Your investors would not want to see a decline in Starbucks’ revenues and its share price as a result of the company’s failure to adopt sustainability measures that would save expenses, secure its brand position and make it a leader in the industry. As consumers, we will be watching for changes in Starbucks cafes that demonstrate a strong commitment to environmental sustainability.
We will make it a priority to patronize those establishments with a demonstrated commitment to best practices for waste management and recycling. Your shareholders have filed a 2012 resolution calling for the creation of a board-level sustainability committee, and we will encourage shareholders to support the resolution in addition to this letter from consumers and investors.
Please report back to us on your progress and keep us updated on Moxy Vote.
Sincerely,
7219 Concerned Citizens
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