TORRANCE, Calif., April 16, 2014 /PRNewswire/ -- Demonstrating an ongoing commitment to sustainability, Farmer Bros. Co. (NASDAQ: FARM) has released its 2013 Sustainability Report, highlighting the company's approach to scaling sustainability, supporting communities, reducing energy/water usage, and reducing waste. The report serves as a summary of the impact of activities and initiatives undertaken by Farmer Brothers at home and around the globe in 2013. The company made tremendous strides in achieving its sustainability goals.
The 2013 Sustainability Report asks important questions, such as "How can we keep farming families from going hungry?" and "How can coffee adapt to a changing climate?" and "Can we ever get to zero waste?" Then, it details the solutions developed by the Farmer Brothers team. It covers Farmer Brothers' approach to growing a business while shrinking an environmental footprint and the company's ongoing efforts to make an impact beyond the delivery of coffee. Also included is an overview of specific investments and partnerships that had positive impacts in 2013, including $50,000 in coffee leaf rust interventions; $18,000 in microloans to women growers in Nicaragua; and $100,000 towards World Coffee Research, an organization Farmer Brothers co-founded to establish a strategic, scientific approach for supply development, crop resiliency, climate change mitigation, and quality improvements.
"The first principle of business at Farmer Brothers is to 'cherish the act of service.' For over 100 years, we've built our company by living this value--focusing on service to our customers, our employees, and our community," says Mike Keown, Farmer Brothers President and CEO, in the report's introduction. "But as we look toward the future, it's clear that service can and should mean something much more. It should extend to every person in our supply chain and every community that we touch."
2013 Sustainability Report Highlights include:
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