Starbucks

Starbucks joins the carbon pledge trend

starbucks storefront
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.

In Seattle, a focused approach to housing

Illustration of a house being observed by a hand with a magnifying glass and another with a tape measure
Illustration: Sarah Grillo/Axios

As tech giants throw billions at Silicon Valley's housing crisis, Seattle leaders and businesses are taking a targeted approach to creating more affordable housing.

Driving the news: Senior Director of Microsoft Philanthropies Jane Broom told Axios in an interview this week that "the probability is high" that the software giant will invest more in housing in its backyard, following an initial $500 million pledge announced in January.