This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Farmer Brothers® Leading The Way In Sustainable Practices

TORRANCE, Calif., July 16, 2013 /PRNewswire/ -- Farmer Bros. Co. (NASDAQ: FARM) announced this week its first sustainability report outlining its progress and ongoing commitment to sustainable practices locally and in the global coffee community. Through this report, which is available for download, Farmer Brothers outlines its sustainability framework and presents baseline results for an environmental and social scorecard. With certifications from Rainforest Alliance, Fair Trade USA (TransFair USA), Utz, LEED ®, Safe Quality Food, QAI and USDA Organic, Farmer Brothers continues to prove its commitment to the sustainability effort.

(Photo: http://photos.prnewswire.com/prnh/20130716/CG47758)

"Sustainability takes patience, commitment and an openness to change," said Mike Keown, President and Chief Executive Officer of Farmer Brothers. "As a business that survived the Great Depression with the mantra 'Use it up, wear it out, make do, or do without,' we're guided by a heritage of sensible frugality that created the foundation for many sustainability practices today." Further, Mike noted, "We also have a deep-rooted commitment to the environment and the farmers who grow our core coffee and tea products."

The report illustrates Farmer Brothers' sustainability framework, SEED (Social, Environmental and Economic Development), which is designed as a "triple-bottom-line" approach to sustainability where human capital and natural capital hold the same value as financial capital. The social pillar of SEED works to promote fair, safe and healthful environments within the company, local communities and global supplier partners. Farmer Brothers donates more than a million dollars in cash and products each year to organizations that address food security, both locally and globally.

The environmental pillar focuses on minimizing corporate impact by reducing emissions, shifting the waste ratio (landfill, recycling, composting), and managing inputs through internal campaigns like "Idle No More," which encourages drivers to turn off trucks when possible. Farmer Brothers was recently awarded membership into the EPA Green Power Partnership Club for purchasing 100 percent wind power renewable energy credits for electricity used in the company's Portland facility.

"Through our partnership with Waste Management, we are proud to continue making progress towards our environmental and economic goal of zero waste to landfill," said Sarah Beaubien, Director of Sustainability at Farmer Brothers. "We continue to raise the bar for sustainable practices by developing innovative approaches to every point in the supply chain — from relationships with suppliers to material sourcing to product distribution and waste disposition."

Lastly, the economic pillar demonstrates the long-term economic viability of the company is dependent on supply chain stability, risk mitigation, continual improvement of processes, cost management, market expansion and innovation.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs