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Starbucks to spend $1.5B with diverse suppliers by 2030

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January 11, 2022

Starbucks announced Tuesday that it would spend $1.5 billion with diverse suppliers as part of its focus on advancing racial and social equity. In FY21, the company spent nearly $800 million with diverse suppliers, supporting more than 6,400 jobs and contributing to $1.2 billion in total direct, indirect and induced economic impact nationwide.

"These commitments are in addition to the actions we've already taken on the realization of our vision to create an inclusive Starbucks," Dennis Brockman, Starbucks chief global inclusion and diversity officer, said in a company press release. "We all have a role to contribute and its with that purpose in mind that we continue to invest in these areas for all partners. Learning comes by doing, and that's what we are committed to."

In a letter to all U.S. partners, Brockman emphasized that the company's commitment to foster a culture of inclusion and belonging on behalf of its over 200,000 partners and ongoing responsibility to strengthen the communities Starbucks serves across the country.

Starbucks is also making progress toward its goals of achieving Black, Indigenous and People of Color representation of at least 30% at all corporate levels and at least 40% of all retail and manufacturing roles by 2025 in the U.S. As of October 2021, Starbucks' U.S. partner base was 71.3% female and 48.2% BIPOC. Breaking down the company's BIPOC representation further, its partners are 7.7% Black, 28.5% Hispanic or Latinx, 5.9% Asian, 4.8% two or more races, 0.6% American Indian or Alaskan Native and 0.5% Native Hawaiian or Other Pacific Islander.

"Actions that nurture and embrace our exquisite cultural intricacies provide proof that we are committed to real change, not an award-winning performance," Brockman said. "Through intentionality, transparency, and accountability, I believe we will continue to make substantial change on behalf of all our partners."