Back to the menu
Kalibrio has selected articles and events related to "Social Venture Forum" to inform, inspire and encourage to act in favor of harmonious development through Social Ventures.
If you have comments or content that you would like to submit
to the Social Venture Forum community, contact us:
Hay, SENIOR V.P. at Starbucks, on promoting sustainability in the coffee
The livelihoods of more than 25 million people, most of whom are small-scale
farmers in the developing world, depend on the coffee industry. The volatility
in the futures market for coffee, however, has meant that the price per pound
has frequently fallen below the cost thresholds for many producers, spelling
uncertainty, hardship, financial collapse, and the breakup of families in search
of work, particularly in Latin America.
A large coffee purchaser like Starbucks, which currently has nearly 13,000
stores around the world, has a huge opportunity to positively influence lives
and economies through ethical business practices. In this opening keynote of the
Socially and Environmentally Responsible Supply Chains conference at Stanford's
Graduate School of Business, Willard Hay, Starbucks senior vice president,
explains how the company embraces a responsible approach to suppliers as a core
part of its business through its C.A.F.E. Practices program. >>Click here to listen
podcasts can be found at www.siconversations.org.