Starbucks commits to 10,000 ‘Greener Stores’ by 2025
Starbucks has announced an initiative to design, build and operate 10,000 ‘Greener Stores’ globally by 2025, with wider aims to help the wider retail industry operate more sustainably.
The ‘Starbucks Greener Stores’ framework is being set up to outline comprehensive performance criteria so that the design, building and operation of Starbucks’ locations will set new standards for ‘green retail’ – this will then be open sourced so that the wider retail community can benefit from the framework and work toward the standards.
Developed with the help of experts such as the World Wildlife Fund (WWF), some key elements of the framework are set to include energy efficiency and water stewardship; renewable energy; healthy environment; responsible materials; waste diversion; and engagement (promoting a culture of sustainability).
Over the coming year, a programme will be developed so that Starbucks can audit all of its current company-run stores in the US and Canada in terms of their sustainability.
The coffee chain has stated that it anticipates the new framework will save an incremental $50mn in utilities over the next 10 years.
The commitment was announced at the Global Climate Action Summit, held in San Francisco this week. Kevin Johnson, President and CEO of the multinational, stated: “Simply put, sustainable coffee served sustainably is our aspiration. We know that designing green stores is not only responsible, it is cost effective as well.
“The energy and passion of our green apron partners has inspired us to find ways to operate greener stores that will generate even greater cost savings while reducing impact.”
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.