Starbucks China reaches strategic cooperation with Vision Fund

On July 18, at the third China International Supply Chain Promotion Expo, Starbucks China announced a strategic partnership with Vision-Tech Group. Over the next three years, based on their existing collaboration in green stores and Starbucks Coffee Innovation Industrial Park, the two parties will gradually expand the coverage to 100% of Starbucks' direct procurement suppliers and key indirect procurement suppliers through an innovative digital carbon management platform. They will accurately calculate the full-chain carbon footprint of thousands of products in Starbucks China, customize reduction paths, and create a new model of "full-chain collaborative carbon reduction."