Starbucks has released its Fiscal 2025 Global Impact Report, indicating it is reconsidering major climate commitments while also highlighting milestones in farmer support. The annual report details a reset of some sustainability goals, including a key 2030 emissions reduction target, following a comprehensive review of its strategy.
The report reveals that the company's total carbon footprint has grown by 7% since its fiscal 2019 baseline, driven by an 8% rise in Scope 3 emissions from its value chain. This runs contrary to its stated goal of a 50% absolute reduction in greenhouse gas emissions by 2030. Citing regulatory shifts and other challenges, the company is now "actively reassessing" that target. The timeline for achieving deforestation-free coffee sourcing has also been extended to the end of 2026.
Regarding coffee-specific initiatives, Starbucks announced it met its goal to distribute 100 million climate-resilient coffee trees and has deployed over $100 million in farmer financing. However, the report also shows a 13% drop in the number of farms with current C.A.F.E. Practices validation, down to approximately 383,000. Furthermore, the company's stated goal for sourcing through its proprietary standard no longer includes a commitment to "100%" verification, signaling a potential shift in its sourcing strategy.