German coffee roaster Tchibo has announced that it will be the first international buyer of Arabica coffee certified by Certifica Minas, a sustainability standard created by the government of Minas Gerais. The first lot consists of 50,000 bags to be acquired with a premium above market price. Tchibo, known worldwide for its sustainability activities, operates more than a thousand stores in eight countries. More than 1600 growers are currently certified by Certifica Minas, with a total volume of 2 million bags produced in accordance with high standards of social, economic and environmental practices.
Luckin Coffee to announce Q4 and full year 2024 results
Chinese coffee chain Luckin Coffee will release its fourth quarter and full year 2024 financial results before the United States...