Starbucks Serves Up $1bn ‘Oversubscribed’ Sustainability Bond

From: businessgreen.com

Starbucks has issued a new $1bn ‘Sustainability Bond’ aimed at supporting the development of ethically sourced coffee and farming R&D in its supply chain, and underpinning plans to boost energy efficiency, renewables use, and water and waste reduction efforts across 10,000 of its outlets globally.

It marks the multinational coffee chain’s largest sustainability bond to date, after two similar green issuances in 2016 and 2017.

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