As part of our commitment to a sustainable future, Starbucks is working with Volvo Cars to install EV charging stations at Starbucks stores. Up to 60 DC fast chargers will be built on the picturesque 1,350-mile route from Seattle to Denver, along I-90, I-84 and I-70.&nbsp;&nbsp;

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The very first stations, powered by ChargePoint, have been installed at a Starbucks in Provo, Utah. This <a href="https://stories.starbucks.com/press/2022/starbucks-affirms-commitment-to-a-planet-positive-future-through-innovation-and-learnings-from-store-partners/" target="_blank" rel="noreferrer noopener">pilot plan,</a> announced in March, is part of Starbucks expansion of renewable energy and decarbonization projects in the U.S.&nbsp;

This scenic artery will unlock to zero-emission electric vehicle drivers some of the West’s most iconic locations. Snoqualmie Pass in Washington. The Snake River in Idaho. Arches National Park in Utah. Tourist destinations like Park City and Vail, and major community hubs like Boise and Salt Lake City.&nbsp;&nbsp;

The route represents the American road trip at its best.&nbsp;&nbsp;

By the end of 2022, Starbucks intends to have chargers installed at up to 15 Starbucks stores, roughly every 100 miles on the route.&nbsp;&nbsp;&nbsp;&nbsp;

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With a goal of reducing its global carbon footprint by 50% by 2030, Starbucks is reimagining the store experience for greater connection, ease and planet-positive impact. Starting to offer EV charging at select pilot locations is just one of the ways Starbucks aspires to be a <a href="https://nam12.safelinks.protection.outlook.com/?url=https%3A%2F%2Fstories.starbucks.com%2Fstories%2F2020%2Fstarbucks-solidifies-pathway-to-a-planet-positive-future%2F&amp;data=05%7C01%7CCaroline.Shannon%40edelman.com%7Cd703d52b16b84a832ad008da6f203b24%7Cb824bfb3918e43c2bb1cdcc1ba40a82b%7C0%7C0%7C637944481469433232%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=W51ozKzapZmdVdMcto3ZwU4v6TjIEpt9Cn0e22qEZ0k%3D&amp;reserved=0" target="_blank" rel="noreferrer noopener">resource-positive company</a>.

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ChargePoint’s DC fast chargers can bring the Volvo C40 Recharge, for example, from a 20 percent to a 90 percent charge in about 40 minutes. Charging times are dependent on factors such as outdoor temperature, current battery temperature, charging equipment, battery condition and car condition.&nbsp;

For more information, click <a href="https://www.media.volvocars.com/us/en-us/media/pressreleases/303304/volvo-cars-and-starbucks-finalize-locations-and-begin-installing-chargepoint-electric-vehicle-charge" target="_blank" rel="noreferrer noopener">here</a>.

As part of our commitment to a sustainable future, Starbucks is working with Volvo Cars to install EV charging stations at Starbucks stores.

Find an EV Charger at Starbucks stores from Seattle to Denver

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Ahead of its 30th Annual Meeting of Shareholders, Starbucks affirmed its bold aspiration to be a resource positive company – giving back more than it takes from the planet. With a test and learn approach to meet the company’s 2030 planet positive goals, Starbucks continues to find inspiration from green apron partners around the world. Today, Starbucks outlined efforts to reduce waste through innovative reusable cup programs, launched a waste and recycling app to support partners’ sustainability efforts and announced a new pilot program with Volvo to help electrify a driving route from the Colorado Rockies to Seattle.

“We have a bold long-term sustainability vision and ambitious goals for 2030,” said Starbucks president and ceo, Kevin Johnson. “Starbucks partners around the world are passionate about protecting our planet and are at the very center of driving the innovation that enables us to give more than we take from the planet.”

To help reach the company’s goal of reducing waste by 50% by 2030, Starbucks is shifting away from single-use plastics and piloting reusable cup programs in six markets around the world. By the end of next year, customers will be able to use their own personal reusable cup for every Starbucks visit in the U.S. and Canada – including in café, drive-thru and mobile order and pay.&nbsp; Our goal, by 2025, is to create a cultural movement towards reusables by giving customers easy access to a personal or Starbucks provided reusable to-go cup for every visit, making it convenient and delightful to reuse wherever customers are enjoying their Starbucks Experience.&nbsp;

Store manager Kim Davis led one of the first stores to test Borrow a Cup in the U.S.

“Customers were just so excited to try something new and my partners had a lot of pride in testing it and giving that feedback to make the program even better,” said Kim Davis, store manager. “I do think that everyone really does want to contribute to a better world, and if we can help them do that one cup at a time, that is our mission right there.”

Starbucks continues to test multiple “Borrow-A-Cup” and reusable operating models in the United States, United Kingdom, Japan, and Singapore, with more countries in the year ahead. In addition, the company continues to encourage customers to bring their own cup and to emphasize for-here-ware as the default sit-and-stay experience, while exploring new customer incentives and technologies, like cup washing stations at café counters.&nbsp;&nbsp;

The company is also launching a new Starbucks Partner Waste and Recycling App, developed by partners as part of the <a href="https://stories.starbucks.com/stories/2019/a-more-sustainable-company-one-reality-tv-style-competition-at-a-time/">Greener Stores Innovation Challenge</a>, to help partners navigate complex and unique store recycling guidelines. The app puts everything partners need to know to reduce waste and recycle in one place; it features store specific information and notifications, a sorting guide and the option to create store specific signage for partners and customers.&nbsp;

"Starbucks is spending this year testing innovative new ways to reduce waste and reduce our carbon footprint,” said Michael Kobori, chief sustainability officer. “Some of our best innovations, like the Waste and Recycling App, come directly from our store partners.&nbsp; Our store partners know their customers and communities best. When we work together with our partners, we find better solutions to create a more sustainable future for our planet and people.”

In addition, Starbucks continues to rapidly expand its roster of renewable energy and decarbonization projects in the United States, including a new pilot program with Volvo Cars to electrify the driving route from the Colorado Rockies to the Starbucks Support Center in Seattle, providing a string of familiar, reliable, clean and safe places to recharge themselves and their battery-powered vehicles.

By the end of 2022, Volvo-branded electric vehicle (EV) chargers, powered by ChargePoint, will be available at up to 15 Starbucks stores along a 1,350-mile route from the Denver area to the coffee company’s Seattle headquarters, as part of the company’s 2,700 Greener Store portfolio.&nbsp;These DC Fast Chargers will be placed at Starbucks stores about every 100 miles, adding much needed peace of mind for EV drivers, who we know see today’s limited charging infrastructure as a major barrier to purchase. While customer’s cars are recharging outside, drivers can relax comfortably inside with their favorite Starbucks beverage.

By 2030, Starbucks aspires to lead the retail industry in decarbonization solutions, including Electric Vehicle charging and onsite solar availability at stores and in adjacent locations. Starbucks plans to continue expanding its solar pilot locations to 55 new stores this year.&nbsp;

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Forward-Looking Statements

Certain statements contained herein are “forward-looking” statements within the meaning of the applicable securities laws and regulations. Generally, these statements can be identified by the use of words such as “aim,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “feel,” “forecast,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would,” and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include statements relating to trends in or expectations relating to the effects of our existing and any future initiatives, strategies and plans, as well as trends in or expectations regarding our financial results and long-term growth model and drivers, the anticipated timing and effects of recovery of our business, the conversion of several market operations to fully licensed models, our plans for streamlining our operations, including store openings, closures and changes in store formats and models, expanding our licensing to Nestlé of our consumer packaged goods and Foodservice businesses and its effects on our Channel Development segment results, tax rates, business opportunities and expansion, strategic acquisitions, our future relationship with Starbucks Coffee Korea Co., Ltd., expenses, dividends, share repurchases, commodity costs and our mitigation strategies, liquidity, cash flow from operations, use of cash and cash requirements, investments, borrowing capacity and use of proceeds, continuing compliance with our covenants under our credit facilities and commercial paper program, repatriation of cash to the U.S., the likelihood of the issuance of additional debt and the applicable interest rate, the continuing impact of the COVID-19 pandemic on our financial results, future availability of governmental subsidies for COVID-19 or other public health events, the expected effects of new accounting pronouncements and the estimated impact of changes in U.S. tax law, including on tax rates, investments funded by these changes and potential outcomes and effects of legal proceedings. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties. Actual future results and trends may differ materially depending on a variety of factors, including, but not limited to: further spread of COVID-19 and related disruptions to our business; regulatory measures or voluntary actions that may be put in place to limit the spread of COVID-19, including restrictions on business operations or social distancing requirements, and the duration and efficacy of such restrictions; the potential for a resurgence of COVID-19 infections and the circulation of novel variants of COVID-19 in a given geographic region after it has hit its “peak”; fluctuations in U.S. and international economies and currencies; our ability to preserve, grow and leverage our brands; the ability of our business partners and third-party providers to fulfill their responsibilities and commitments; potential negative effects of incidents involving food or beverage-borne illnesses, tampering, adulteration, contamination or mislabeling; potential negative effects of material breaches of our information technology systems to the extent we experience a material breach; material failures of our information technology systems; costs associated with, and the successful execution of, the Company’s initiatives and plans, including the successful expansion of our Global Coffee Alliance with Nestlé; our ability to obtain financing on acceptable terms; the acceptance of the Company’s products by our customers, evolving consumer preferences and tastes and changes in consumer spending behavior; partner investments, changes in the availability and cost of labor including any union organizing efforts and our responses to such efforts; significant increased logistics costs; inflationary pressures; the impact of competition; inherent risks of operating a global business; the prices and availability of coffee, dairy and other raw materials; the effect of legal proceedings; and the effects of changes in tax laws and related guidance and regulations that may be implemented and other risks detailed in the company filings with the Securities and Exchange Commission, including in the “Risk Factors” and “Management's Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The company assumes no obligation to update any of these forward-looking statements.

Exterior of Starbucks with an EV charging station and a blue Volvo

Starbucks outlined efforts to reduce waste through innovative reusable cup programs, launched a waste and recycling app to support partners’ sustainability efforts and announced a new pilot program with Volvo.

Starbucks affirms commitment to a planet positive future through innovation and learnings from store partners

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Our aspiration is to be people positive—investing in humanity and the well-being of everyone we connect with, from our partners to coffee farmers to the customers in our stores and beyond.

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