Starbucks invites investors to build more environmentally friendly company

Starbucks is trying to become eco-friendly – and it wants investors to foot the bill.

The Seattle-based coffee shop giant said it is selling $496 million in bonds for sustainability projects.

This is the latest move in a growing push by companies to diminish the potentially negative impacts of their activities on the environment.

This also marks the first time that Starbucks will borrow funds from investors to invest specifically in sustainability efforts.

The money with go to help research centers find ways for coffee farmers to boost their production and provide loans for farmers seeking to implement eco-friendly technologies.

Cox Media Group