28 Jul '16, 10am

Why Starbucks issued its first 'sustainability' bond

Slowly but surely, U.S. companies are waking up to the notion that bonds can be a useful financing mechanism for all manner of corporate sustainability projects. In February, Apple shook up the market with a $1.5 billion green bond issue — the largest undertaken by any U.S. tech company — that will pay for a range of environmental initiatives. More recently, Starbucks issued $500 million in debt that will be used for several purposes, including underwriting programs for farmers that adhere to the Coffee and Farmer Equity (C.A.F.E.) Practices , a set of guidelines Starbucks adopted roughly 15 years ago for growing and harvesting crops more sustainably. In disclosing the offering, Starbucks CFO Scott Maw declared, "Issuing a bond focused on sustainable sourcing demonstrates that sustainability is not just an add-on, but an integral part of Starbucks including our strategy an...

Full article: https://www.greenbiz.com/article/why-starbucks-issued-its...

Comments

  1. 28 Jul '16, 6pm

    Gabriella . I see what you mean... Walter `s st0rry is astonishing... on tuesday I bought a great new Alfa Romeo from earning $4488 thiss month and more than 10 grand this past munth . without a question it is the easiest job I've ever had . I began this 3 months ago and pretty much immediately began to make minimum $72, p/h
    ❇❇❇❇❇❇❇❇ http://www.factoryofincome.com

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  2. 28 Jul '16, 6pm

    Nicholas . I agree that Doris `s artlclee is unimaginable, on monday I bought a gorgeous Jaguar E-type from bringing in $6233 this last 5 weeks and in excess of ten/k this past-munth . without a doubt it is the nicest job I've ever had . I started this three months/ago and almost immediately made myself minimum $74 per hour . navigate to this website-
    ----------------------------- > http://www.maxincome20.com

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