Some companies are struggling to adjust to the new world of green finance. But for Starbucks, it’s a natural fit.
The Seattle-based firm says it is “working to make coffee the world’s first sustainable agricultural product”. Its former chief executive and now-presidential-hopeful Howard Schultz championed the cause of sustainability for many years.
So it comes as no surprise that Starbucks is one of the most prominent American examples of a growing worldwide movement that sees corporations issue debt to fund environmentally friendly or socially worthy causes.