Nearly half of Starbucks’ shareholders at the company’s annual general meeting last week supported an As You Sow resolution to develop aggressive plans to meet packaging reuse and recycling goals.
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As You Sow is pleased to learn via news reports of Starbucks’ commitment to phase out plastic straws at all stores by 2020. A shareholder proposal filed by As You Sow in March, asking the company to phase out plastic straws, received the support of nearly 30% of shareholders, with shares worth $54 billion. In addition, environmental groups collected 1 million signatures on a petition asking for similar action, which was presented to company CEO Kevin Johnson.
Read MoreNearly a third of Starbucks’ shareholders at the company’s Annual General Meeting last week supported an As You Sowresolution asking the company to phase out use of plastic straws and develop aggressive plans to meet packaging reuse and recycling goals.
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Actor, filmmaker and UN Environment Goodwill Ambassador Adrian Grenier will present As You Sow’s shareholder resolution Wednesday, March 21 at Starbucks’ annual general meeting asking the company to take bold action to reduce its global plastic footprint.
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