The investment marks ‘the first milestone of its development into GCP 2.0’ | Photo credit: Global Coffee Platform

The Global Coffee Platform (GCP) has announced that eight of its leading members have jointly contributed more than $1.5m to advance action on coffee sustainability. 
 

The Bonn-based non-profit said the investment marks ‘the first milestone of its development into GCP 2.0’ — which seeks to significantly advance prosperity for one million coffee farmers by 2030. 

More than half of coffee farmers globally are challenged by poverty, according to the GCP, with coffee supply increasingly threatened by climate change and regulatory requirements. 

The GCP said the combined $1.5m investment — from JDE Peet’s, Melitta Group, Mother Parkers’ Coffee & Tea, Nescafé, Nespresso, ofi, Rabobank and Westrock Coffee — will enable the memebership body to grow and attract further talent and funding. 

Board Chair Carlos Brando said collective action is ‘essential’ to ensure compliance and accelerate ‘measurable sustainability at scale'. 

“This targeted co-funding by our membership kick-starts our work, catalysing transformational change around living income, climate adaptation and sustainability for over one million coffee farmers around the world. Today, we celebrate the commitment of JDE Peet’s, Melitta Group, Mother Parkers’ Coffee & Tea, Nescafé, Nespresso, ofi (olam food ingredients), Rabobank and Westrock Coffee Company. These companies are taking collective action to the next level to propel coffee sustainability,” said Annette Pensel, GCP Executive Director. 

The Global Coffee Platform was formed in March 2016 to collectively work towards a more sustainable coffee industry.  

The Bonn-based non-profit counts some of the world’s largest coffee roasting and trading companies among its circa. 120 membership, including Brazil’s Cecafé, US-based Enveritas and Keurig Dr. Pepper, Austria’s Julius Meinl and Switzerland’s Volcafe.