Starbucks Adds 'Innovation Farms' in Central America To Climate-Proof Coffee
Starbucks(SBUX) Investopedia·2024-10-03 23:10
Key TakeawaysStarbucks announced that it has added two Central American "innovation farms" to its coffee bean sourcing network.The farms, in Guatemala and Costa Rica, are part of Starbucks' plans to protect its supply chain from the growing effects of climate change, which can lead to increased prices for consumers.The coffee giant said it plans to invest in more farms in Africa and Asia in the future. Starbucks (SBUX) added to its efforts to protect its supply chain from the effects of climate change Thurs ...