Starbucks has been under pressure from shareholders to improve on the company's sustainability goals. As You Sow, a nonprofit shareholder advocacy group, has been working with Trillium Asset Management to push Starbucks on the issue.

In 2019, the partner organizations filed a shareholder proposal requesting Starbucks revive a lapsed effort to recycle its packaging in developing markets, in addition to serving at least a quarter of its beverages in reusable containers. That proposal garnered support from 44% of shares voted, per As You Sow, or the equivalent of more than $20 billion.

The organizations refiled the proposal in 2020 after Starbucks failed to respond in 2019. The company responded with the new goals laid out by Johnson this week and the shareholder proposal has been withdrawn in response. Read Full Article - Waste Dive, January 24, 2020