Sustainability Principles and Starbucks' Strategies Presentation

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Added on  2021/12/22

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AI Summary
This presentation examines the sustainability strategies implemented by Starbucks, a global coffeehouse company. It highlights the importance of corporate stability and performance in a dynamic environment. Starbucks' approach includes waste reduction and recycling programs, emphasizing environmental conservation. The company also focuses on energy conservation to reduce its carbon footprint and utilizes water conservation strategies. Moreover, Starbucks is committed to benchmarking with organizations like the US Green Building Council to implement efficient building practices. The presentation also discusses Starbucks' support for its farmers, providing them with resources and expertise to ensure a consistent supply of materials. These strategies collectively create a strong link between the company and its environment, improving living standards and promoting economic sustainability.
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Speaker Notes
The mark of a company is highly dependent on the extent to which it remains stable and
maintains high levels of performance despite the dynamic nature of the corporate environment.
This presentation highlights the principles of sustainability with reference to Starbucks.
Sustainability strategies at Starbucks
Starbucks is an international company with its base on Seattle Washington but has branches
spread in various parts of the world. In order to enhance sustainability related best practices, the
business has over time implemented a number of corrective strategies with relation to energy use
and release of industrial waste to the environment
The business heavily relies on recycling and waste reduction as an approach to enhancing
environmental conservation and sustainability
The second approach to enhancing sustainability is through energy conservation. The
company like any other industrial entity is responsible for the creation of carbon
footprints and other harmful gases
Water conservation is the other strategy used at Starbucks. A good number of activities at
the organization utilizes water. As a sustenance plan, the company had intended to reduce
water consumption in these processes by 22% within a period of five years since
implementation
Creativity and responsiveness to the society’s need for a healthy environment are evident
virtues in Starbuck’s sustainability plan. The company is continuously benchmarking
with related companies like US Green Building Council to discover and implement
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efficient building approaches which ensure environmental wellbeing of the individuals
using these premises
The sustainability of the company largely depends on the farmers and the consistency
with which they offer the required materials. Starbucks supports its farmers through the
provision of ideas, skills, expertise and resources
Each of the strategies above have been effective in creating a strong link between the
company and its surrounding environment. Self-empowerment through implementation
of sustainability strategies improves living standards and economic sustainability which
eventually works to the advantage of the organization
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