More than a decade ago, Starbucks bought its first coffee farm, in Costa Rica. Now the coffee giant has added two more to its portfolio.

5460799

Benzinga

New York

United States

Starbucks Invests In Future-Proof Coffee: New Farms In Latin America And Beyond To Tackle Climate Challenges - Starbucks (NASDAQ:SBUX)

The coffee giant buys 3% of the world's coffee supply, which has been pressured in recent years due to extreme weather.

Ad Fontes Media

All Sides

Media Bias/Fact Check

CNBC

Roberts family

Starbucks invests in two innovation farms to help climate-proof its coffee

Starbucks expands coffee innovation network by adding farms in Guatemala and Costa Rica, with plans for future investments in Africa and Asia. These efforts aim to boost productivity, profitability, and climate resilience for coffee farming.

Starbucks Corp. is buying two new research farms that will test everything from drones to microbes as it seeks to make coffee more resilient to climate change, which has already constricted availability and driven up prices.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Starbucks Buys Research Farms as Climate Change Threatens Coffee Supply

Starbucks Thursday said in an effort to protect the future of coffee
against climate-change impacts, it is buying two new coffee farms in Guatemala and Costa Rica. It plans to buy more farms in Africa and Asia.

News World Communications

Washington

District of Columbia

Starbucks buys two more coffee farms in global effort to mitigate climate change impact

Bolstering the coffee industry’s climate resilience has taken on fresh urgency this year.

The Japan Times

News2u Holdings, Inc.

Japan

Starbucks buys research farms as climate change threatens coffee supply

SEATTLE--(BUSINESS WIRE)--Oct 3, 2024--Starbucks today announced an expansion of its collaborative coffee innovation network, further connecting farmers from around the world with resources to protect the future of coffee. Building on the groundbreaking global agronomy innovation at Hacienda Alsacia, Starbucks first company-operated coffee farm, the company added farms located in Guatemala and Costa Rica with future farm investments in Africa an…

Morning Sun

Pittsburg Publishing LLC

Pittsburg

Crawford County

Kansas

Starbucks Expands Global Effort to Protect Future of Coffee with Two New Coffee Farms - The Morning Sun

Starbucks has unveiled two new coffee farms in a global initiative. Takeaway Points Starbucks Unveils Two New Coffee Farms in a Global Initiative The learning on these farms aims to find solutions to increase productivity on farms, support increased profitability for farmers, and build climate resilience.  On Oct 1, 2024, Starbucks introduces Milano Duetto.  Starbucks: […] The post Starbucks Unveils Two New Coffee Farms appeared first on TechBul…

TechBullion

Starbucks Unveils Two New Coffee Farms

Starbucks says it bought coffee farms in Central America because of climate change fears. The beverage and food corporation said it's trying own more farms to better 'climate-proof' its operations.

Scripps News

E. W. Scripps Company

Atlanta

Fulton County

Georgia

Starbucks says it bought coffee farms in Central America because of climate change fears

As the effects of climate change continue to batter many countries worldwide, Starbucks (SBUX) is committed to protecting its coffee supply from natural disasters.Read more...

Quartz

Starbucks is buying up coffee farms to protect its supply

Starbucks said on Thursday that it expanded its coffee innovation network to new farms in Costa Rica and Guatemala to

Starbucks invests in two innovation farms to help climate-proof its coffee

Coverage Details

Give the gift of Perspective

Bias Distribution

Ownership

Similar News Topics

Similar News Topics