How does Starbucks measure the impact of its sourcing practices?

Starbucks measures the impact of its sourcing practices by evaluating social, economic, and environmental outcomes through various metrics and assessments. This approach allows the company to gain a comprehensive understanding of the effects of its sourcing strategies beyond just financial performance. By focusing on a broad range of indicators, Starbucks can assess how its practices affect the communities from which it sources, the livelihoods of farmers, and the sustainability of environmental resources.

This method reflects a commitment to responsible sourcing, ensuring that the company aligns with its ethical standards and corporate social responsibility goals. It incorporates a balanced view of the impacts of sourcing, recognizing that financial success is intertwined with social equity and environmental stewardship. In contrast, relying solely on marketing reports, customer feedback, or profit margins does not provide the holistic view necessary for effectively measuring the true impact of sourcing practices.