March 2, 2010 - After a successful launch in the UK, Starbucks stores across Europe (NASDAQ: SBUX) today began serving 100% Fairtrade certified and Starbucks Shared Planet verified coffee in all of their espresso-based beverages. Every one of the more than four million customers in the region per week can walk away with a Fairtrade certified Espresso, Cappuccino, or Latte and help support small-scale farmers and their communities in developing countries around the world.
Starbucks is already the world’s largest purchaser of Fairtrade coffee, and the switch to Fairtrade certified espresso in Europe, Middle East and Africa will help contribute to Starbucks total global annual social development premium, estimated at more than EUR 2,600,000, for small-scale coffee farmers to invest in community projects.
Rob Cameron, CEO of the Fairtrade Labelling Organizations International (FLO,) said, “Starbucks is really setting the pace for the coffee industry by using its global size for good. This move will expand the reach of Fairtrade and deepen its impact on tens of thousands of farmers who are at the very heart of the Fairtrade system. Farmers need Fairtrade now more than ever, and even though these are difficult economic times, people are staying loyal to their ethical values and to Fairtrade. From today they can enjoy Fairtrade values over a cup of their favourite Starbucks coffee.”
“In 2009, Starbucks purchased nearly 18 million kilos of Fairtrade certified coffee and reached its goal of doubling its year over year Fairtrade purchases,” said Buck Hendrix, president, Starbucks Europe, Middle East and Africa. “Our customers can now enjoy 100% Fairtrade Certified espresso everyday and together with us be a catalyst for positive change in coffee-growing communities while continuing to enjoy the great tasting coffee they expect from Starbucks,” continued Hendrix.
Starbucks® Fairtrade Certified Espresso Roast is sourced largely from Latin America, specifically across Guatemala, Costa Rica and Peru, and it will be these farming communities who benefit most immediately, with other producers set to follow.