Ethical Performance
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Starbucks helps Asian social entrepreneurs

January 2009

A Philippines organization providing microfinance loans to unemployed young people and a programme in Pakistan that combats violence against women are to receive help from multinational coffee chain Starbucks.

The initiatives have been selected by Starbucks and the International Youth Foundation (IYF) to receive grants through the coffee company’s Social Entrepreneurs Fund, a key component of the Starbucks’s ‘Shared Planet’ commitment to communities.

The grantees – who are among 25 social entrepreneurs in 17 countries chosen for help – were identified through a competition set up in early 2008 by IYF and the Starbucks Foundation to offer grants to young leaders who have completed IYF’s YouthActionNet(R) Global Fellowship. The fellowship is a programme for developing a new generation of socially conscious global citizens who create change in their communities, their countries and the world.

Ben Packard, Starbucks’ global responsibility vice-president, said: ‘We are proud to support the amazing efforts of these young leaders who have the passion to create positive solutions to real needs. Through their hard work and dedication we hope to see measurable change in local communities and help them inspire others to act.’

Another organization chosen was the Australian Youth Climate Coalition, whose aim is to build a generation-wide movement to tackle climate change. The grant will be used to educate 25,000 high school students about climate change and solutions at the local, national and global level.

Altogether 25 projects will receive a total of more than $300,000 (£198,000) from the Starbucks Social Entrepreneurs Fund.

Starbucks | Asia | Community Investment

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