10 Best Ethical Companies To Invest In According to Reddit

2. Starbucks Corporation (NASDAQ:SBUX)

Number of Hedge Fund Investors: 76

Starbucks Corporation (NASDAQ:SBUX) is a global coffeehouse chain known for its premium coffee, welcoming stores, and commitment to social responsibility. The company operates more than 32,000 stores worldwide and offers premium coffee, tea, and snack products, along with other consumer-packaged goods such as coffee beans and ready-to-drink beverages. The company’s ethical initiatives include sourcing ethically produced coffee through its Coffee and Farmer Equity (C.A.F.E.) practices.

Starbucks Corporation (NASDAQ:SBUX) is embarking on a “Back to Starbucks” initiative aimed at returning the company to its core identity as a community coffeehouse. This strategy involves several key changes to enhance the in-store experience. Starbucks Corporation (NASDAQ:SBUX) is reintroducing coffee condiment bars and ceramic mugs for in-store use, which will not only improve the customer experience but also speed up service. Additionally, the company is rolling out the Clover Vertica Brewers to all company-operated locations to ensure that customers can enjoy high-quality, on-demand brewed coffee.

Starbucks Corporation (NASDAQ:SBUX) is also simplifying its menu and customization options. The company is eliminating the upcharge for non-dairy milk, which is expected to reduce prices for nearly half of its customers who pay for modifiers. This move is part of a broader effort to make the pricing structure more straightforward and logical. By reducing complexity, Starbucks Corporation (NASDAQ:SBUX) aims to enhance the overall customer experience. The company is also cutting down its menu to focus on fewer, better offerings, ensuring consistency and quality across its product line.