Recycling Proposal Put Before Starbucks Shareholders
February 5, 2010 /EIN PRESSWIRE/ Starbucks shareholders will vote on a proposal that would force the company to adopt an aggressive recycling strategy.
Starbucks’ board of directors have recommended voting against the proposal put in front of shareholders by corporate social responsibility advocate John Harrington of Harrington Investments. The board states that Starbucks already has a comprehensive recycling strategy.
The Harrington proposal would call for 100% recyclable or compostable cups by 2012, in-store recycling for customers in all the stores where Starbucks controls waste management by 2015, and a quarter of the company’s beverages served in reusable containers by 2015.
The results of the vote on the Harrington proposal may be made public as early as March 24, which is the date of Starbucks’ shareholder meeting.
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