Starbucks Corp. SBUX, -0.19% Chief Executive Kevin Johnson said Tuesday that the coffee purveyor will add plant-based menu options as part of an expanded sustainability commitment. "Our aspiration is to become resource positive - storing more carbon than we emit, eliminating waste, and providing more clean freshwater than we use," Johnson wrote in a message posted on the Starbucks site. The new food items are an effort to create a more environmentally-friendly menu. The company will also shift to reusable packaging, invest in innovative agricultural practices and forest conservation efforts, better manage waste and create more eco-friendly stores. Preliminary targets for 2030 are to cut carbon emissions by half in both the company's operations and supply chain; halve water usage for operations and coffee production; and halve the amount of waste sent to landfills. Beyond Meat Inc. BYND, +7.73% shares gained 3% in Tuesday premarket trading. Starbucks stock has rallied 44.7% over the past year while the S&P 500 index SPX, -0.24% has gained 24.7% for the period.
https://news.google.com/__i/rss/rd/articles/CBMihAFodHRwczovL3d3dy5tYXJrZXR3YXRjaC5jb20vc3Rvcnkvc3RhcmJ1Y2tzLXRvLWFkZC1wbGFudC1iYXNlZC1tZW51LW9wdGlvbnMtYXMtcGFydC1vZi1leHBhbmRlZC1zdXN0YWluYWJpbGl0eS1jb21taXRtZW50LTIwMjAtMDEtMjHSAU9odHRwczovL3d3dy5tYXJrZXR3YXRjaC5jb20vYW1wL3N0b3J5L2d1aWQvRDUyQjdDNzUtMUVDMC00MUFELTgwNzgtODYyM0Y2M0REMThG?oc=5
2020-01-21 14:19:00Z
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