{"id":5130,"date":"2010-11-03T12:26:28","date_gmt":"2010-11-03T19:26:28","guid":{"rendered":"http:\/\/ietransfer.wpengine.com\/?p=5130"},"modified":"2010-11-03T12:26:28","modified_gmt":"2010-11-03T19:26:28","slug":"starbucks-corporation-recipient-of-the-green-to-gold-award","status":"publish","type":"post","link":"https:\/\/inspiredeconomist.com\/articles\/starbucks-corporation-recipient-of-the-green-to-gold-award\/","title":{"rendered":"Starbucks Corporation, Recipient of the “Green to Gold Award”"},"content":{"rendered":"

\"\"<\/a>PITTSBURGH – PA:\u00a0 Starbucks Corporation<\/a> was presented the “Green to Gold Award<\/a>” by Duquesne University’s Beard Institute today at the Fourth Annual Beard Symposium on Sustainability<\/a>.\u00a0 The Symposium, entitled, “Sustainability: The Changing Ground Rules,” addressed best-practices from sustainable organizations that have gone beyond compliance, how an integrated sustainability strategy boosts profitability and competitive advantage; and obstacles to incorporating sustainability into business practices in the United States.\u00a0 Starbucks was but one of the leaders in sustainability highlighted at the Symposium.<\/p>\n

<\/p>\n

The Green to Gold award recognizes an American company that demonstrates commercial success in sustainable business practices.\u00a0 The candidates for this award are selected through a screening process that includes:<\/p>\n

– membership in the Dow Jone Sustainability Index-US.<\/p>\n

– strong positive scores in the KLD SOCRATES Corporate Social Ratings Monitor.<\/p>\n

– strong financial performance against their industry peer group.<\/p>\n

– top quartile performance over three years in ROA, ROE, ROI and profit margin.<\/p>\n

In addition, companies are screened by a panel of MBA Sustainability gradutes from Duquesne University’s Donahue School of Business<\/a> according to their sustainability performance as defined\u00a0by the Green to Gold WaveRiders<\/a> criteria (as outlined in Daniel Esty and Andrew Winston’s book “Green to Gold”).\u00a0 The ten finalists are then reviewed by a panel of judges comprised of academic and professional leaders in sustainability.<\/p>\n

The other finalists were:<\/p>\n

– Cummins<\/p>\n

– Dell<\/p>\n

– Dupont<\/p>\n

– Heinz<\/p>\n

– Hewlett-Packard<\/p>\n

– IBM<\/p>\n

– Intel<\/p>\n

– Nike<\/p>\n

– PepsiCo<\/p>\n

Congratulations to Starbucks on its accomplishment and to Duquesne University’s Beard Institute for another successful symposium on sustainability.\u00a0 Held at Fairmount Pittsburgh<\/a>, recognized as the only LEED Certified hotel in the city; it’s always nice to see a sustainability group practice what they preach.<\/p>\n

Image Credit:\u00a0 Duquesne University \u00a9 2010 Duquesne University<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

PITTSBURGH – PA:\u00a0 Starbucks Corporation was presented the “Green to Gold Award” by Duquesne University’s Beard Institute today at the Fourth Annual Beard Symposium on Sustainability.\u00a0 The Symposium, entitled, “Sustainability: The Changing Ground Rules,” addressed best-practices from sustainable organizations that have gone beyond compliance, how an integrated sustainability strategy boosts profitability and competitive advantage; and […]<\/p>\n","protected":false},"author":18,"featured_media":5133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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