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Starbucks storefront. Photo: Avishek Das/SOPA Images/LightRocket via Getty Images

Starbucks hopes to cut carbon emissions from its operations and huge supply chain by 50% by 2030 as part of new environmental pledges unveiled Tuesday.

Why it matters: Starbucks is the latest multinational giant to set new targets as global emissions rise and multilateral efforts fail to even lay the groundwork for steep cuts.

The intrigue: The commitments, while lacking detail for now, hint that Starbucks hopes to fund so-called negative emissions methods and tech. That's a key part of commitments Microsoft unveiled last week.

What they're saying: “We will both store carbon and reduce carbon emissions. Offsets do not count towards a science-based target, and we do not plan to utilize offsets to meet our preliminary target of 50% reduction in our carbon footprint,” Rebecca Zimmer, the company's global environment director, tells Axios.

The big picture: CEO Kevin Johnson, in an open letter, says Starbucks' wider aspiration is eventually becoming "resource positive," defined as "storing more carbon than we emit, eliminating waste, and providing more clean freshwater than we use."

Starbucks laid out two other interim 2030 targets in addition to the CO2 pledge:

  1. 50% of the water used for its operations and coffee production will be "conserved or replenished."
  2. They pledge a 50% cut in waste that's sent to landfills from stores and manufacturing.

What's next: The plan envisions more plant-based food offerings; a shift from single-use to reusable packages; investing in "innovative and regenerative" farm and forest practices; and more. Starbucks plans to conduct market research and trials over the next year to add details.

Go deeper: Massive companies' green commitments can't save the planet

Go deeper

Ubisoft admits its handling of misconduct lost some workers' trust

Photo illustration: Axios Visuals. Photos: Ubisoft, IGDB

Ubisoft management is acknowledging that its initial response to an ongoing and wide-reaching workplace misconduct scandal was flawed, even as it argues that its corrective actions were largely swift and correct.

Why it matters: Those comments, in an exclusive interview with Axios, come amid recent pushback from workers that the publisher of Assassin’s Creed and Just Dance hasn’t sufficiently addressed a cascade of #MeToo allegations since mid-2020.

Prosecutors “haven’t ruled out” charging school officials in Michigan shooting

Michigan school officials had the legal grounds to search alleged shooter Ethan Crumbley's backpack and locker but did not to do so, Oakland County Prosecutor Karen McDonald told CNN Monday.

Catch up quick: Crumbley has been charged with numerous felony counts related to terrorism and murder after opening fire at Oxford High School, killing four students and wounding seven other people.

Stuck jet stream brings blowtorch December in Lower 48, frigid Alaska

Short-term climate outlook for Dec. 13-19, 2021, from the Climate Prediction Center at NOAA. (NOAA/CPC)

The Lower 48 states have seen record-shattering warmth so far this December, with temperatures running as high as 35°F above average for this time of year. The warmth has been so pronounced that during the weekend, brush fires broke out in a snowless, unusually mild Denver metro area.

The big picture: The jet stream, which is a river of air that rides at about 30,000 feet along the temperature contrast between air masses, steering storms as it goes, has been stuck in a position well north of the continental U.S., keeping storms and cold weather at bay.