On September 29, 2026, Starbucks announced a reassessment of sustainability goals it set in 2020. The review includes commitments to halve emissions, waste, and water use by 2030, which the company may scale back or eliminate. Starbucks still aims to halve greenhouse gas emissions by 2030, but is reportedly reevaluating that target as well.
The reassessment is part of a broader $2 billion cost-reduction strategy. Starbucks has also laid off members of its sustainability team, leaving the future of its environmental initiatives uncertain.
Company insiders sold more than $700,000 worth of shares over the last three months.