Sustainability
I-CIP rebounds to over 200 US cents/lb for the first time since February
The ICO Composite Indicator Price (I-CIP) gained 4.5% from May to June 2022, averaging 202.46 US cents/lb for the latter. Estimated total production in coffee year 2021-22 remains unchanged at 167.2 million bags, while world coffee consumption is still projected to grow by 3.3% to 170.3 million 60-kg bags in 2021-22.
Firsd Tea 2022 Sustainability Perspectives
T&CTJ collaborated with Firsd Tea to create what we believe was the ‘first of its kind’ tea survey to gauge sustainability perceptions of the tea industry.
T&CTJ and Firsd Tea tea sustainability report is now available
The survey launched in December 2021 ran through February 2022. For every completed response, a contribution was donated to 1% for the Planet, an international organisation whose members contribute at least one percent of their annual sales to environmental causes.
‘First of its kind’ tea sustainability survey results are in!
T&CTJ collaborated with Firsd Tea to create what we believe was the ‘first of its kind’ tea survey to gauge sustainability perceptions of the tea industry.
CSR – consumers demand action, not aspiration
Corporate social responsibility (CSR) has long been something brands/companies aspired to, but it was rarely inherent in their mission statements or business practices. Those days are gone as today’s consumers are demanding that companies ‘walk the walk’ and no longer ‘talk the talk’ when it comes to CRS.
Peet’s Coffee achieves 100% responsibly sourced coffee across 24 regions
Peet’s Coffee announced that it has achieved 100% responsibly sourced coffee across 24 regions, per Enveritas standards.
New International Tea Academy Awards honour the world’s finest teas
The UKTA and Fortnum & Mason launch The Leafies, International Tea Academy Awards that celebrate the world’s finest loose-leaf teas.
ESTA launches a new scoring system for East African specialty teas
ESTA announces a new scoring system to help bring East African specialty teas to market.
Starbucks Japan opens new store focused on coffee grounds circularity
The store in Togane City is the second in Japan to be certified under the Greener Stores Framework, aimed at accelerating the transformation of retail towards lower-impact stores.
Stone Street Coffee Company launches partnership with charity: water
New partnership with charity: water aims to bring clean, safe drinking water to every single person on the planet.
Lavazza launches carbon neutral aluminium capsules compatible with Nespresso Original machines
Italian coffee brand Lavazza shows commitment to sustainability with its first-ever carbon neutral aluminium capsules.
JDE Peet’s accelerates its journey towards 100% responsibly sourced coffee
JDE Peet’s will increase its responsibly sourced coffee target from 30% to 80% globally in 2022, positioning the company as a FMCG leader in sustainable coffee sourcing.
Beverage brands’ recycled content pledges don’t go far enough to protect aquatic environments
New research finds leading beverage giants’ recycled content goals won’t address 93% of aquatic plastic bottle pollution. Is it time to switch to refillables?
Nepal Tea Collective launches QR code labels
Organic tea distributor pledges to bring more transparency to the tea industry.