Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) has released its first corporate social responsibility report, “From Understanding to Action,” outlining the Company’s economic, environmental and social performance for Fiscal Year 2005. “Producing our first external corporate social responsibility report helped us understand ourselves better and inspired us to undertake new challenges,” said Robert Stiller, President and CEO of Green Mountain Coffee Roasters, Inc.
In the report, the Company unveils its goal of achieving 35% Fair Trade Certified(TM) coffee sales, as a percentage of total coffee pounds shipped, by Fiscal Year 2008. Green Mountain Coffee Roasters offers one of the broadest selections of double-certified, Fair Trade organic coffees in the country.
The report also announces the Company offset 100% of its direct greenhouse gas emissions by purchasing carbon offsets. Other highlights of Fiscal Year 2005 included a record year of employee volunteerism and the establishment of a Livable Wage for 100% of the Company’s full-time employees.
The report was prepared in accordance with the 2002 Global Reporting Initiative Guidelines. As the first U.S. coffee company to join the UN Global Compact, Green Mountain Coffee Roasters has aligned its work with the UN Millennium Development Goals, specifically focusing on eradicating extreme poverty and ensuring environmental sustainability.
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