Starbucks to nearly double spending with diverse suppliers by 2030
by Hilary Russ

Reuters    Translate This Article
11 January 2022

On 11 January 2022 Reuters reported: Starbucks Corp will nearly double its spending with suppliers and vendors from underrepresented groups in North America by 2030 to $1.5 billion, it said on Tuesday [11 January]. Dennis Brockman, Starbucks' chief global inclusion and diversity officer, said the company believes it can use the COVID-19-related global supply chain disruption to increase diversity. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

'This will give us an opportunity to seek out and search for more' Black, indigenous, and people of color who are building businesses, he said. 'Smaller companies... can take advantage of this current situation.'

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